Sensex adds 86 pts; GNFC, JK Paper surge 12% each, auto stocks slide

CLOSING BELL: Sectorally, the Nifty Pharma index was the best performing index, rising 2.5 per cent on the NSE. The Nifty Auto index, on the other hand, slipped 0.4 per cent

3:19 PM

Sugar stock on a roll; Balrampur, Triveni, Dhampur, Dwarikesh hit new highs

With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve. READ MORE

3:18 PM

Closing cues: Sun pharma, Dr Reddy's top Sensex gainers

3:03 PM

US stock futures hold marginal gains

 

2:50 PM

Ahead of IPO, LIC's net surges to Rs 234 cr in Q3FY22

Ahead of its initial public offering (IPO), Life Insurance Corporation’s (LIC) net profit surged to Rs 234.91 crore in September – December quarter (Q3FY22), owing to the change in surplus distribution model, wherein shareholders will now get a larger share of the surplus than earlier. In the same period last financial year, LIC’s net profit totaled Rs 0.91 crore. For the 9 months ended FY22 (April – December), net profit of the insurer stood at Rs 1,642.78 crore. READ MORE

2:48 PM

NEWS ALERT: 'Volunteer' fighters from Middle East approved to join Russia's Ukraine offensive

2:48 PM

Pharma stocks make a comeback; Cipla, Laurus labs soars above 5%

2:39 PM

Automobile dispatches dip 23% in Feb as supply challenges continue: SIAM

Automobile dispatches from factories to dealerships across the country declined 23 per cent in February, as various supply-side challenges, including semiconductor shortage, and rise in vehicle prices due to the implementation of new regulations continued to impact demand scenario, industry body SIAM said. Read here

2:23 PM

HDFC, Bajaj Finserv: Here's how to trade HDFC and Bajaj group stocks

HDFC and Bajaj Group stocks were trading mixed on Friday as financial shares witnessed a rebound in trade. While HDFC twins gained up to 1 per cent in the intra-day trade, Bajaj duo posted up to 2 per cent jump. Both the group shares were bruised badly over geopolitical tension of Russia invading Ukraine as commodity-linked supply shocks dented global growth outlook. READ MORE HERE

 

2:15 PM

Surge in global energy prices will hurt India, says IMF MD Georgieva

India has been very good at managing its finances but the surge in global energy prices is going to have a negative impact on its economy, said Kristalina Georgieva, the Managing Director of the International Monetary Fund. Read more

 

2:03 PM

BSE SmallCaps outpace weak market trend; up 0.6%

 

1:52 PM

NEWS ALWERT :: Nickel price spike a 'systematic risk' for the market, says LME

1:42 PM

Pharma majors rule gains on Nifty50; Cipla tops with 4% upmove

 

1:31 PM

Paper stocks rally; JK Paper, TN Newsprint, West Coast surge up to 14%

Paper stocks rallied on expectation that reopening of offices, educational institutions and courts will lead to regularization of demand. READ MORE

1:21 PM

Auto is an extremely attractive contrarian bet: Shiv Sehgal, Edelweiss

Despite the correction, the analysts says valuations relative to other emerging markets (EMs) haven't yet come off. Thus, FIIs are a bit cautious. READ FULL INTERVIEW

1:10 PM

Bulls v/s Bears: 70 stocks hit 52-week highs v/s 10 stocks slip to 52-week lows

Arihant Capital Markets, Balrampur Chini, Cipla, GNFC, Mirza International and Sun Pharma among 70 stocks to register a fresh 52-week intraday high in trades so far today. Whereas, Procter & Gamble and SMS Pharma among 11 shares to touch a new 52-week low on the BSE.