Sensex down 263 pts, Nifty near 17,700 ahead of US Fed outcome; FMCGs shine

CLOSING BELL: The losses, meanwhile, were led by the Nifty Metal index (down 2 per cent), and the Nifty Pharma index (1.4 per cent)

12:46 PM

Cement stocks drop in a weak market; Ambuja, ACC, Nuvoco slide up to 9%

Shares of Ambuja Cements, ACC, Nuvoco Vistas Corporation, JK Cement, JK Laksmi Cement, Prism Johnson, Birla Corporation, HeidelbergCement India, India Cements and Shree Cement were down in the range of 4 per cent to 9 per cent in Wednesday's intra-day trade amid profit-taking. READ MORE

12:36 PM

ASBA for secondary market in the works: Sebi chairperson Madhabi Puri Buch

The Securities and Exchange Board of India (Sebi) is considering an ASBA-like structure for the secondary market, said the regulator’s chairperson, Madhabi Puri Buch, on Wednesday, referring to an application process for IPOs. READ MORE

12:27 PM

BSE 500:: Top gainers so far

Central Bank of India zoomed 7.5 per cent and was the top gainer among the BSE 500 stocks so far on Wednesday. It was followed by Eclerx Services, RHI Magnesita, Sterling & Wilson and Krishan Institutue of Medical Sciences, up 4-6 per cent each.

12:17 PM

M&M, Central Bank, Solara: Trading strategies for buzzing stocks of the day

These five stocks were are trading with strong gains on Wednesday despite the nervous undertone in the broader market ahead of US Fed rate decision later tonight. READ MORE

12:01 PM

MARKET CHECK: Nifty50 slips below 17,750 levels, down 100 points

11:58 AM

MARKET CHECK: Sensex extends slump, down over 300 points

11:50 AM

FMCG stocks firm in a weak market: Britannia surges over 3%

11:41 AM

KEC International gains 1% after it bags new orders worth Rs 1,123 crore

11:30 AM

Coforge gains marginally in a volatile market after it inks pact with Databricks

11:20 AM

Adani Group to foray into steel sector, eyes RINL bidding in January 2023

After an entry into the cement sector by acquiring Ambuja Cement and ACC, Adani Group is now eyeing the steel sector with a focus on green energy. READ MORE

11:10 AM

Central Bank of India soars 15% as RBI removes lender from PCA framework

The RBI removed public sector lender from the Prompt Corrective Action Framework on complying with parameters like net non-performing assets and capital ratios. READ MORE

10:55 AM

Rupee depreciates 8 paise to 79.82 against US dollar in early trade

The rupee depreciated by 8 paise to 79.82 against the US dollar in opening trade on Wednesday as investors await the US Fed's policy decision on interest rates for further cues. READ MORE

10:45 AM

SpiceJet tanks 4% as airline sends 80 pilots on Leave Without Pay

The low-cost airline has been reporting losses for the past four years and is operating less than 50 per cent flights, following the July 27 DGCA order in the wake of mishaps. READ MORE

10:35 AM

SEBI Chief at Global Fintech Fest | Regulator aims to bridge gaps in offerings

>> Regulator ensures that a business model is sustainable
>> Regulatory gap takes place when anything new takes place
>> Ensure that the regulator will bridge gap once innovation takes place

10:34 AM

SEBI Chief LIVE: Regulations for many innovations may not be needed amid tech-led transformation

It is possible that there won’t be regulations for many innovations as technology will transform the financial services space & bring down cost of delivery, says 

SEBI Chair Madhabi Puri Buch