ICICI, HDFC Bank lift Sensex off lows, ends 617pts down; Tata Steel dips 4%

CLOSING BELL: Bajaj Auto, HDFC Bank, ICICI Bank, Axis Bank, HDFC, Nestle India, Bharti Airtel, and Kotak Bank were the only gainers, rising up to 2 per cent

10:59 AM

Oil prices extend losses as Shanghai lockdowns hit demand outlook

Brent crude futures slid $1.90, or 1.8%, to $104.75 a barrel at 0015 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell $1.89, or 1.9%, to $100.18 a barrel. READ MORE HERE

10:49 AM

Paint stocks battered in trade

10:46 AM

Future Group shares tank up to 20% as Reliance calls off deal

Future Supply Chain Solutions (down 20 per cent at Rs 37.30) and Future Lifestyle Fashions (down 20 per cent at Rs 29.40) also hit their respective all-time lows in intra-day trade on Monday. READ MORE HERE

 

10:39 AM

Mild moves in auto stocks; Bajaj Auto gains over 1%

10:34 AM

China lockdown fears rip through markets as stocks, commodities, Yuan tank

A Covid flareup that shut down much of Shanghai appeared to worsen over the weekend after China ordered mandatory tests in a district of Beijing and locked down some areas of the capital. READ MORE HERE

10:29 AM

Global edible oil markets simmer over shocking Indonesian ban on palm oil

Indonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium. READ MORE HERE

10:27 AM

MARKET CHECK: Sensex off day's lows, down 450 pts as banks, auto hold fort

 

10:14 AM

Tejas Networks slips 5% on weak Q4 results

10:09 AM

HUL, Britannia, Marico drop up to 6% as Indonesia bans palm oil exports

Shares of fast moving consumer goods (FMCG) companies dropped up to 6 per cent on the BSE in Monday’s intra-day trade after Indonesia, the world's top palm oil producer, announced export ban on palm oil from April 28, 2022. Read more

10:02 AM

Borosil Renewables gains 2.5%; board okays acquisition of lnterfloat and GMB

source: bse filing

 

9:54 AM

CURRENCY CHECK: Rupee drops to 6-week low against US dollar

9:48 AM

Tata Metaliks slips over 5% after net profit falls by 30% in Q4

9:45 AM

Commodity Corner: MCX Gold, Silver futures likely to consolidate

The MCX Gold futures may seek near support around Rs 52,040; whereas Silver futures have multiple key support around Rs 65,235 and Rs 64,600. READ MORE HERE

9:40 AM

RIL slips after conglomerate calls off Rs 24,731 crore deal with Future Retail

9:36 AM

ICICI Bank gains on strong Q4 results