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

9:19 AM

Opening bell: Nifty 50 opens above 17,250 levels

9:18 AM

Opening bell: Sensex opens higher by over 100 points

9:11 AM

Pre-open session: Only 3 Sensex stocks sit in red

9:10 AM

Pre-open session: Over 200 points upmove for Sensex

9:09 AM

Pre-open session: Nifty 50 advances towards 17,300 levels

9:02 AM

Stocks to Watch: Aurobindo Pharma, RIL, Ruchi Soya, Tata Power, PowerGrid

Aurobindo Pharma: Hyderabad based drugmaker Aurobindo has acquired the domestic formulation business of another Hyderabad based firm Veritaz Healthcare on a slump sale basis at Rs 171 crore.

RIL: Company's arm Reliance Jio is in advanced talks with South Korean consumer electronics and telecom gear maker Samsung for the latter to be its third party technology provider, complementing Reliance Jio’s efforts to roll out a 5G network across the country. Read in detail here

8:57 AM

Petrol crosses Rs 100 in Delhi after 80 paise hike, diesel up 70 paise

Petrol price on Tuesday crossed Rs 100 a litre mark after rates were hiked by 80 paise a litre and 70 paise in case of diesel, taking the total increase in rates in one week to Rs 4.80 per litre.Read more

Photo: Bloomberg

8:54 AM

Rupee closes almost flat against USD on Monday, still above 76/$

source: bloomberg

8:49 AM

DIIs counter foreign outflows: Buy Rs 1,162 worth of equities Monday

8:47 AM

FIIs sell Rs 801 crores of shares on Monday

illustration: Binay Sinha

8:42 AM

Sebi directs Ruchi Soya to allow FPO investors to withdraw bids

The Securities and Exchange Board of India (Sebi) has directed Ruchi Soya Industries to give the investors who participated in its Rs 4,300-crore follow-on public offering (FPO) the option to withdraw their bids due to “circulation of unsolicited SMSes advertising the issue”. Read more

8:37 AM

SGX Nifty at 17,400; hints at a gap-up start of 100 points on Nifty

source: investing.com

8:33 AM

Oil prices slip: Brent Crude down 1% to $111 a barrel-mark

Brent Crude prices tumbled 9% to close at $109.6 a barrel on likley demand slump due to China lockdowns.

source: oilprice.com

8:28 AM

Asian markets trade mixed; mainland China indices slip amid lockdown in Shanghai

source: finance.yahoo.com

8:25 AM

European indices end higher Monday; FTSE declines

source: Reuters