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

10:08 AM

Welspun India's arm WAMIL commences operations; Stock flat

9:54 AM

Paytm tanks 13%, hits new low as RBI bars Paytm PB from acquiring customers

Shares of One97 Communications, the parent company of digital payments major Paytm, tanked as much as 13 per cent to hit a new low of Rs 677 on the BSE in Monday’s intra-day trade after the Reserve Bank of India (RBI) barred Paytm Payments Bank (PPBL) from onboarding new customers with immediate effect because of certain supervisory concerns. READ MORE HERE

9:51 AM

Market view: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

The decline in crude from the recent high of $140 to below $110 and declining trends in most metal prices indicate that the feared high inflation may not materialize. There are two significant trends in the market now: One, FPI selling has come down significantly; two there is value buying in the mid-and small-cap segment. Quality stocks with earnings visibility in the broader market are attracting investment from mutual funds and retail investors.The most important event this week from the market perspective would be the outcome of the Fed meet expected on Wednesday. The Fed commentary would be more keely watched than the expected 25 bp rate hike.

9:47 AM

Jubilant Food hits 52-week low after CEO Pratik Pota's exit

9:41 AM

ICICI Prudential trims stake in Hindalco; Stock sits in red

9:37 AM

SAIL gains after board plans to mull second interim dividend on March 16

9:32 AM

Paytm nosedives over 11% after RBI bans payments bank to onboard new customers

9:30 AM

GAIL abuzz after announcing second interim dividend of Rs 5 per share

9:27 AM

Opening bell: HDFC Bank top gainer of Nifty 50 while BPCL top loser

9:24 AM

Opening bell: Media stocks in demand; Zee Entertainment spikes above 5%

9:22 AM

Opening bell: Media stocks shine; Auto, FMCG sulk in red

9:21 AM

Opening bell: Broader markets firm; India Vix climbs above 1%

9:19 AM

Opening bell: 16 out of 30 Sensex stocks open in green

9:18 AM

Opening Bell: Nifty 50 opens in green, inching towards 16,700 levels

9:16 AM

Opening bell: Sensex opens over 200 points higher