RIL, Bajaj Finance power 777-pt rally in Sensex; Nifty holds 17,200

CLOSING BELL: Sectorally, all the indices ended in the green zone, led by the Nifty Realty and Auto indices, up 3.5 per cent and 3 per cent, respectively

10:18 AM

Mahindra CIE surges 13% on stable operational performance in March quarter

In Q1, standalone EBITDA margin improved 310 basis points (bps) to 15.5 per cent from 12 per cent in Q4. READ MORE HERE

10:11 AM

EXPERT VIEW: Retail investor enthusiasm supporting markets even amid negative news

An interesting feature of the current volatile global equity market trend is that sharp dips in the market are followed by sharp upmoves.

Dips caused by increasingly hawkish comments from the Fed, prolonging war in Ukraine and harsh lockdowns in China are getting bought resulting in recoveries.

Whether it is in the US or India, retail investor enthusiasm is supporting markets even amid negative news.

 

This heightened volatility is likely to continue in the coming days. Investors can use the volatility to buy high quality stocks across segments.

Banking stocks are at buyable valuations and IT stocks after the recent correction are good long-term bets.

Views by V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

10:01 AM

Most large global investors may give LIC's initial public offering a miss

Most large global investors that the Centre was wooing for Life Insurance Corporation of India’s (LIC’s) initial public offering (IPO) such as those who haven't ever anchored any Indian IPO may give the issue a miss.Read more

9:50 AM

Mahindra CIE soars over 14% after net profit jumped 16-fold in Q4

9:46 AM

Zee Learn tumbles over 14% after Yes Bank files insolvency case

9:41 AM

Bajaj Finance gains over 2% ahead of Q4 results

9:35 AM

Opening bell: Broader markets upbeat; India Vix slips below 7%

9:30 AM

Opening bell: Bajaj Auto, IndusInd Bank, Tata Motors top Nifty 50 gainers

9:25 AM

Opening bell: Auto stocks in fast lane; TVS Motor, Bajaj Auto gain over 3%

9:22 AM

Opening bell: All sectors swim in green; auto, realty stocks upbeat

9:20 AM

Opening bell: All Sensex stocks open in positive territory

9:19 AM

Opening bell: Sensex opens over 500 points higher

9:18 AM

Opening bell: Nifty 50 opens above 17,100 levels

9:09 AM

Pre-open session: Sensex surges over 450 points

9:08 AM

Pre-open session: Nifty 50 advances above 17,050 levels