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

1:58 PM

IPO Update :: Veranda Learning Solutions' issue nears halfway mark

1:48 PM

HDFC Bank to infuse Rs 3 cr to acquire stake in debt resolution firm IDRCL

HDFC Bank on Tuesday said it has inked an agreement to invest Rs 3 crore in the first tranche to acquire a stake in debt management company IDRCL. READ MORE HERE

1:41 PM

BSE 500:: Fall from intra-day high

Ruchi Soya shed nearly 10 per cent from the high's of the day. Container Corporation, Anupam Rasayan, Sterlite Technologies, Endurance Tech and Thyrocare Tech were the other major losers.

1:40 PM

STOCK UPDATE :: Tata Motors erases gains as co says high battery cell costing putting pressure

>> Tata Motors says high battery cell costs putting short-term pressure on co.

>> It says, battery cell costs up 20% on higher raw material prices, mainly lithium

Source: Reuters

1:33 PM

BSE 500:: Top losers so far this month

Aavas Financiers was the top loser among the BSE 500 stocks, down nearly 23 per cent. KEC International, Endurance Tech, JK Cements, Relaxo Footwear and Gujarat Gas were some of the other notable losers so far in March 2022.

1:31 PM

Media stocks battered in trade; Inox Leisure slips below 4%

1:24 PM

BSE 500:: Top gainers so far this month

GNFC and Supreme Petrochem have zoomed around 50 per cent each. JK Paper, Gujarat Alakalies, Adani Power, Lemon Tree, Intellect Design, Tata Elxsi, Adani Total Gas, GHCL and Linde India have rallied more than 30 per cent each.

1:22 PM

ITC stock shines on improving growth outlook: Here are the key triggers

Positive factors for the stock are as follows: Tobacco has steady demand and ITC is a near-monopoly in the legal Indian cigarettes market -- although most Indian tobacco users prefer other forms of consumption. READ MORE

1:21 PM

India buys Russian sunoil at record high price as Ukraine supplies halt

India has contracted 45,000 tonnes of Russian sunflower oil at a record high price for shipments in April as edible oil prices in the local market surged after supplies from rival Ukraine stopped because of the war, five industry officials told Reuters. READ MORE HERE

 

1:15 PM

BSE 500:: Stocks with unusual volume

Mahindra & Mahindra, Rallis India, SIS, Throcare Tech were some of the top stocks to register unusually high volume in trades so far today.

1:07 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 HERE

1:04 PM

New 52-week lows today

3M India, Alembic, Bajaj Consumer, Dilip Buildcon, Emami, Future Consumer, Future Enterprise, Gillette India, IDFC First Bank, Mahindra EPC, Neuland Labs, Nucleus Software, Raitel and Ramco Systems were some of the notable stocks to register a fresh 52-week low in trades so far on Tuesday.

12:56 PM

Tobacco stocks edge lower; ITC top Sensex loser

12:49 PM

New 52-week highs today

Adani Enterprises, Adani Power, Adani Transmission, Adani Wilmar, Cummins India, GNFC, GSFC, Gujarat Ambuja Exports, Ingersoll Rand, Lemon Tree, Linde India and RCF were some of the prominent stocks to register a fresh 52-week high in trades so far on Tuesday.

12:40 PM

Ruchi Soya, Brightcom, Adani Power: How to trade buzzing stocks of the day?

Shares of Ruchi Soya Industries, Brightcom Group, Deepak Fertilisers & Petrochemicals Corporation, Linde India and Adani Power were seen trading with robust bullishness in Tuesday's morning trades. READ MORE HERE