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

12:34 PM

Paytm appoints Anuj Mittal as VP-Investor Relations as stock takes hit

Anuj Mittal is expected to drive the paytm's corporate-investor relations, acting as a liaison between the management and investors. READ MORE

12:23 PM

Ruchi Soya FPO sees withdrawal of bids in all four categories

Retail portion Ruchi Soya has seen cancellation of over half the bids. The category is now subscribed 40 per cent down from 90 per cent a day earlier. READ MORE

12:22 PM

Adani Power up 12%, hits 52-week high on heavy volume; zooms 37% in 6 days

Shares of Adani Power surged 12 per cent and claimed a fresh 52-week high of Rs 170 per share on the BSE on Tuesday. The shares extended their rally into sixth consecutive session, after the company approved an amalgamation scheme for the merger of its six wholly-owned subsidiaries with itself. READ MORE HERE

12:17 PM

Sugar stocks defy market mood

12:12 PM

Asian Markets Update: A mixed day

Source: Yahoo Finance

12:04 PM

BSE 500:: Top losers so far

Tata Tele Maharashtra and DCM Shriram were the top losers, down 5 per cent each. Inox Leisure, Network 18 and Tata Elxsi were the other notable losers.

11:55 AM

Brent crude cools off to $111 a barrel

11:49 AM

BSE 500:: Top gainers so far

RCF, Swan Energy and Ruchi Soya were the top gainers, up 9-10 per cent each.

11:36 AM

Biden proposes 20% minimum tax on wealthiest so they 'pay their fair share'

The White House estimates that the proposed tax, which focuses on taxing unrealised capital gains, would raise around $360 billion in revenue over the next decade. READ MORE

US President Joe Biden. Photo: Reuters

11:26 AM

Shanghai again tightens Covid-19 lockdown on second day of curbs

Shanghai, China's most populous city, on Tuesday again tightened the first phase of a two-stage COVID-19 lockdown, asking some residents to stay indoors unless. READ MORE

11:23 AM

Mild moves seen in US equity futures

11:14 AM

SBI Life Insurance jumps up to 4% amid heavy volume on bulk deal buzz

SBI Life Insurance jumped 3.6 per cent to a high of Rs 1,116.70 in Tuesday's intra-day trade amid reports of a block deal. The counter witneesed significant jump in volume with around 96,000 shares traded on the BSE as against its two-week daily average volume of around 34,000 shares. READ MORE HERE

11:08 AM

Broader markets outshine benchmarks; MidCaps lead

 

11:04 AM

Fertilizer stocks soaring in trade; RCF, GSFC gain over 5%

10:57 AM

Indian airports estimated to see 69% more passengers in 2022-23: Govt

Airports across India will see 33.81 crore passengers in 2022-23, 69.35 per cent more than the current financial year, Minister of State for Civil Aviation V K Singh said on Monday. Read here