Sensex falls 642pts from day's high, ends 38pts down; Tata Steel bleeds 12%

CLOSING BELL: The sharp knock in metal stocks came after he government levied export duty on 11 iron and steel intermediates and key steel products.

12:47 PM

RBI Guv on Banks to CNBC TV18:: Bank credit offtake should remain steady, growth about 11% YoY

Collection levels have increased efficiently by banks

 

Banks have raised sufficient capital in the post Covid era

 

Bank credit offtake should remain steady, growth about 11% YoY

HDFC-HDFC Bank merger in consideration, decision likely soon 

Our position on crytos remain the same, we remain concerned

12:40 PM

RBI Guv to CNBC TV18:: Will raise rates in the next meeting

Will be looking to raise interest rates in the next meeting

Govt will be able to maintain fiscal deficit

Do not expect a big jump in current account deficit

The Rupee will find its level, no specific target in mind

Will not allow a runaway depreciation in Rupee

Decline in Forex reserves is due to rupee depreciation

12:17 PM

Tata Steel, SAIL: Should you Buy or Sell them? Here's what charts suggest

Charts of steel stocks signal further downside, indicating a fall up to 20 per cent in select shares; Cements counters indicate a wait-and-watch approach. READ MORE

12:05 PM

Asian markets mixed in trade; Hang Seng leads losses

source: finance.yahoo.com

11:56 AM

Stock of this rubber producer company has zoomed 76% in two months

Apcotex hit a record high of Rs 640.30 and rallied 10 per cent on the BSE. Read more

11:48 AM

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

The acquisition will make the Adani family the second biggest cement maker in India after Ultratech. Read here

11:39 AM

Beijing extends work-from-home, orders mass testing as Covid cases rise

Beijing extended orders for workers and students to stay home and ordered additional mass testing Monday as cases of Covid-19 again rose in the city. READ HERE

11:35 AM

ALERT: US mulling reducing trade tariffs on China

11:28 AM

Nifty Bank perks up in trade led by AU SFB, IndusInd Bank

11:18 AM

Auto stocks gain on fuel price cut; Maruti, Ashok Ley, M&M gain up to 5%

Analysts also believe that the government's export duty hike on steel and plastic bodes well for the auto sector due to elevated commodity inflation. READ MORE HERE

11:13 AM

MARKET CHECK: Sensex extends rise, up over 350 pts

 

11:04 AM

OMC stocks under pressure on excise duty cut in petrol, diesel

 

10:52 AM

Logistics stocks abuzz; Mahindra Logistics surge over 12%

10:43 AM

Vodafone Idea to soon get Rs 20,000 crore in fresh funding, says CEO

Vodafone Idea is planning to raise Rs 20,000 crore, including Rs 10,000 crore in equity and remaining as fresh loans from banks. Read here

10:35 AM

MSCI Inclusion Impact: Adani Power hits record high, up 35% in seven days

In the past three months, the stock has zoomed 161 per cent, as compared to 5 per cent decline in the S&P BSE Sensex. READ HERE