Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%

CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade

12:15 PM

Metal stocks lose sheen; NALCO, Hindustan Copper bleeds over 3%

12:12 PM

Market check: Sensex climbs over 500 points

12:10 PM

NEWS ALERT :: Nomura lowers India FY23 GDP growth forecast to 6.5% in a worst case scenario

>> Increases FY23 CPI forecast to 6.3% in a base case scenario.

>> In a worst case scenario, FY23 CPI is seen at 7%

12:07 PM

HDFC Bank: Analysts eye new launches as RBI lifts curb on digital initiatives

With the Reserve Bank of India (RBI) lifting restrictions put on HDFC Bank's new digital initiatives, analysts eye new initiatives by the bank to drive growth. The move, they say, would help HDFC Bank push the launch of new platforms such as Payments-Hub, Customer-Experience Hub, Neo-bank vertical and ecosystem platforms. READ MORE

11:59 AM

Asian Markets Update: Hang Seng, Shanghai log heavy losses, while others hold fort

Source: Yahoo.com

11:45 AM

Ruchi Soya freezes at 20% upper circuit as board okays Rs 4,300-crore FPO

Shares of Ruchi Soya Industries were locked at 20 per cent upper circuit at Rs 964.40 on the BSE on Monday after the edible oil firm announced that it will launch its follow-on public offer on March 24. The issue will close on March 28, 2022. Read more

 

11:36 AM

Sugar stocks extend rally; Triveni, Dhampur, Uttam Sugar zoom up to 18%

Union minister Nitin Gadkari on Saturday said top officials of automobile companies have promised him that they will start manufacturing vehicles of flex-fuel variants within six months. READ MORE

11:25 AM

Anupam Rasayan under pressure on buying 25% stake in Tanfac Ind

 

11:11 AM

Oil prices slide by about $4 per barrel, extending last week's decline

Oil prices extended last week's decline to fall by about $4 a barrel during early trade on Monday after a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine. Read more

Photo: Bloomberg

11:00 AM

Omaxe slips 4% on reports of income tax raids

 

10:51 AM

MidCaps lag, down 0.5%; Jubilant Food, Muthoot Finance top losers

 

10:39 AM

Realty shares under pressure; Macrotech Developers slips 6%

 

10:30 AM

Jubilant FoodWorks plunges 15% as brokerages downgrade stock post CEO exit

hares of Jubilant FoodWorks plunged 14.6 per cent and hit a fresh 52-week low of Rs 2,444 per share on the BSE in Monday's intra-day trade as most brokerages downgraded the stock post CEO Pratik Pota's resignation. READ MORE HERE

10:19 AM

Ruchi Soya hits upper circuit ahead of FPO launch

10:18 AM

Currency update: Rupee opens marginally higher against US dollar

source: bloomberg