Sensex sprints 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%

CLOSING BELL: Besides, Kotak Bank, HUL, IndusInd Bank, Tata Steel, L&T, and Sun Pharma were the other top gainers

3:03 PM

Indo Count soars 10% on completing acquisition of home textile biz of GHCL

Shares of Indo Count Industries soared 10 per cent to Rs 186 on the BSE in Monday’s intra-day trade, gaining as much as 17 per cent in the past two trading sessions after the company completed the acquisition of the home textile business of GHCL. Read here

2:53 PM

US stock futures erase day's gains, trade flat ahead of FOMC minutes on Wed

 

2:46 PM

Nifty Bank off day's highs, still firmly 4% higher

 

2:34 PM

Oil prices: Brent Crude marginally up at $105/bbl, WTI back at $100

 

2:24 PM

IDFC First Bank reports CASA Ratio at 48.7% as of March 31, stock up 5%

CASA ratio at 48.7% as of March 31, 2022 vs 51.7% as of March 31, 2021. 

 

2:12 PM

European Markets Update: Tepid start to trade

Source: Yahoo Finance

2:03 PM

Hindustan Aeronautics hits record high on highest-ever revenue in FY22

Recently, HAL bagged a contract for production of 15 Light Combat Helicopters (LCH), 10 for IAF and five for the Indian Army at a cost of Rs 3,887 crore. READ MORE

1:56 PM

HDFC Bank continues to trade on a firm note, up 8.7%

1:50 PM

Paper shares log strong gains, gain up to 20%

Shares of paper related companies were also in limelight in trades on Friday. Genus Paper was locked at the 20 per cent upper limit, while S I Paper soared nearly 9 per cent.

1:42 PM

Mining related shares in demand, zoom over 13%

Shares of mining and minerals related companies were in demand, with the likes of Vedanta, NMDC and Coal India gaining up to 4 per cent. Ashapura Minechem had zoomed more than 13 per cent.

1:33 PM

HDFC - HDFC Bank merger: What's in store for the shareholders?

HDFC and HDFC Bank’s merger – touted as India's biggest-ever corporate merger – pumped up shares of the two entities on the bourses. Shares of HDFC skyrocketed 16.5 per cent while those of HDFC Bank zoomed 14.3 per cent in intra-day trades. However, analysts say investors need to “tame down” their enthusiasm as the merger might hit regulatory road block, if the Reserve Bank of India (RBI) has its way. READ MORE

1:25 PM

BSE 500:: Stocks that recovered sharply from day's low so far

Indostar Capital and Spandana Sphoorty have zoomed 11.4 per cent and 9.8 per cent from the lows of the day so far. Similarly, Edelweiss Financial Services, Godrej Agrovet, PTC India and Adani Power have logged strong gains from the lows of the day.

1:17 PM

Financial shares shine on HDFC, HDFC Bank merger deal

The HDFC twins were up over 8 per cent each, while the likes of IDFC First Bank, Karnataka Bank and Ujjivan Small Finance Bank also rallied more than 4 per cent each.

1:07 PM

Kalyan Jewellers to raise up to $ 200 mn, overseas bond gets S&P 'B' rating

Kalyan Jewellers will raise up to $ 200 million through its subsidiary, Kalyan Jewellers FZE, to refinance old debt. The subsidiary will issue senior US dollar-denominated fixed-rate notes (bonds). READ MORE

12:58 PM

Gold prices slip as dollar, yields strengthen on robust US jobs data

Gold prices fell on Monday as the dollar and Treasury yields firmed after a solid U.S. payrolls report raised expectations of aggressive rate hikes, although the Ukraine crisis and talks of more sanctions against Russia supported safe-haven demand. READ MORE