Sensex gains 350 pts; Hero Moto cracks 7%, Ruchi Soya zooms 16%

CLOSING BELL: Shares of Hero MotoCorp cracked over 6 per cent after reports suggested that the Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses

3:40 PM

Media Index worst hit today; Sun TV, Saregama buck the trend

3:38 PM

Sectoral trends on NSE :: Media, PSBs dip

3:37 PM

Sensex Heatmap :: Only 11 stocks end in the red; HDFC, Bharti Airtel top gainers

3:33 PM

CLOSING BELL

Voltility gripped the benchmark indices on Tuesday as investors stayed divided between 'buy on dips' and 'sell on rally' strategies. The frontline S&P BSE Sensex gyrated in a narrow range of around 361 points while the Nifty50 travelled within a band of 100 points.

 

By close, the 30-pack index was parked at 57,944, up 350 points or 0.6 per cent, while the broader 50-share index ended at 17,325, up 103 points or 0.6 per cent. 

 

3:26 PM

Hero MotoCorp made over Rs 1k-cr bogus expenses, I-T search reveals: Report

The Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses and over Rs 100- crore cash transactions for a farmhouse in Chhattarpur, Delhi, sources told ANI. READ MORE

3:17 PM

Bitcoin holds ground after touching its highest this year amid Ukraine war

Market players cited emerging signs of a new wave of adoption of crypto by institutional investors and financial firms, whose interest over the past two years has fuelled crypto's journey to mainstream asset from niche technology. READ MORE

3:05 PM

ALERT: Russia says will respond if NATO supplies air defense to Ukraine

3:01 PM

Hero MotoCorp slips 4% as report says IT dept conducted search ops

As per CNBC TV-18, the IT dept raided the company between from 23rd March till 26th March. Dept alleges that the company made bogus expenses of over Rs 1,000 crores. 

 

2:52 PM

US stock futures firmly up ahead of consumer confidence data

source: finance.yahoo.com

2:51 PM

Fertilizer shares in demand, zoom up to 20% amid supply worries

Select stocks have soared more than 50 per cent in the last one month riding the commodity boom. READ MORE

2:41 PM

India's oldest bourse BSE searches for CEO as Ashish Chauhan's term ends

The country's oldest stock exchange BSE has also embarked on a search for a chief executive and managing director as the incumbent Ashish Kumar Chauhan's term has ended. Read more

Photo: Bloomberg

2:33 PM

Commodity Heatmap :: Gold, Silver dip 1%

2:25 PM

European markets higher ahead of Russia-Ukraine talks

source: finance.yahoo.com

2:16 PM

Top index supporters in today's trade

>> The S&P BSE Sensex index is up 177 points at 57,771.

>> HDFC, Airtel are up over 2%

2:08 PM

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

Its comparative steadiness, versus previous performance at least, contrasts with stock markets, traditional currencies and even safe-haven gold, which have been shaken by the Russian invasion of Ukraine as well as the Federal Reserve's tightening. READ MORE