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Sunday, December 22, 2024 | 07:23 PM ISTEN Hindi

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Sensex gains for 2nd day, rises 632 pts; Nifty holds 16,350; IT stocks lead

CLOSING BELL: Apollo Hospitals, Tech M, HDFC Life, Hero MotoCorp, IndusInd Bank, Bajaj Finance, Wipro, Infosys, L&T, HUL, and Bajaj Finserv zoomed over 2.5 per cent on the Nifty

Image SI Reporter New Delhi
MARKET LIVE: Sensex up 600 pts, Nifty tests 16,350; Banks soar, Metals weak

3:02 PM

Ruchi Soya Q4 profit declines 25% to Rs 234.33 cr; income rises 37%

Edible oil major Ruchi Soya Industries Ltd reported a 25 per cent decline in its standalone net profit to Rs 234.33 crore for the March 2022 quarter. Read more

Ruchi Soya
2:58 PM

Oil & Gas stocks sharply underperform markets; BSE index down 1%

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2:52 PM

More Russian oil than ever before heading for China, India amid sanctions

Asia overtook Europe as the largest buyer for the first time last month, and that gap is set to widen in May. Read more

Combined Russian oil flows for Asia’s top two buyers, India and China, surged to records in April. (Photo: Bloomberg)
2:46 PM

India Cements posts net loss of Rs 10.6 cr in Q4FY22, revenue dips 4%

Coal prices also increased from $60 per tonne to $300 per tonne during the last one year adding to the pressure on the company. Read here

India cement units are cooperating closely with CCI, says Holcim

2:39 PM

Allcargo Logistics Q4 consolidated net profit jumps to Rs 247 crore

The company had posted a net profit of Rs 53.71 crore for the year-ago period, Allcargo Logistics said in a filing to BSE. Read here

The combined net profit of 20 cyclical companies in the index is expected to grow by 38.8 per cent YoY to Rs 1.01 trillion
2:30 PM

European markets move firmly higher in early trade

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source: finance.yahoo.com

2:20 PM

Stocks that hit 52-week highs today

COMPANY LATEST 52 WK HIGH PREV HIGH PREV DATE VOLUME
Abhinav Capital 176.25 176.25 167.90 26-MAY-2022 184
Advance Petroch. 43.90 43.90 41.85 14-MAR-2022 100
Amalgamated Elec 54.70 54.70 52.10 26-MAY-2022 112
Ambar Protein 37.70 37.70 35.95 11-MAY-2022 100
Aris Interna. 20.90 20.90 19.95 05-MAY-2022 50
Aroma Ent. 23.50 23.50 23.40 04-MAR-2022 202

2:17 PM

RBI annual report: Some shadow banks a threat to financial stability

In its annual report, RBI said that some of these entities pose a potential threat to financial stability as their size has increased due to higher risk appetite. Read here

The RBI was at the forefront of providing stimulus to the economy last year, while the Narendra Modi-led government followed with modest fiscal steps
2:08 PM

March Quarter Result :: GAIL (India) reports profit of Rs 2,683 cr vs Rs 1,907 cr YoY

2:04 PM

Top BSE gainers at this hour

1:52 PM

New import policy to buoy paper stocks in medium-to-long term: Analysts

In an effort to curb illegal dumping of paper materials, the government has amended its import policy to compulsory registration under paper monitoring system (PIM).  READ MORE

1:40 PM

Sector check :: Near broad-based rally in the markets; IT shine, metals weak

1:31 PM

MARKET CHECK :: Sensex zooms to day's high

1:21 PM

Structural reforms essential for sustained, balanced, inclusive growth: RBI

In its annual report, the Reserve Bank of India also stressed that the future path of growth would be conditioned by addressing supply-side bottlenecks, calibrating monetary policy to bring down inflation and boosting capital spending. READ MORE
1:08 PM

BPCL trades weak after Centre call off privatisation process

Based on the decision of the Alternative Mechanism on strategic disinvestment, which comprises Finance Minister Nirmala Sitharaman, Roads and Highways Minister Nitin Gadkari, and the head of the ministry concerned (in this case Petroleum Minister Hardeep Singh Puri), the privatisation of BPCL and the expressions of interest received from the bidders stand cancelled, the Department of Investment and Public Asset Management (DIPAM) said in a statement. READ MORE

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First Published: May 27 2022 | 8:18 AM IST