Sensex dips for 3rd day, slips 59 pts; Ambuja Cement falls 6%, HDFC up 1%

On the sectoral front, key indices ended in the negative zone led by the Nifty Realty index (down 1.2 per cent) and the Nifty Pharma index (down 0.8 per cent).

9:33 AM

Punjab and Sind Bank shares rise in a weak market

The bank’s board approved a proposal to create and allot equity shares up to Rs 4,600 crore to the Government of India by way of preferential issue of shares.

9:31 AM

Ambuja Cement falls over 3% after Q3 profit tumbles 55%

The cement major’s consolidated Q3 net profit plunged 55.5 per cent to Rs 430.97 crore in the quarter ended December 2021 when compared with Rs 968.24 crore in the corresponding quarter a year ago. Total income, however, was up 2.1 per cent YoY at Rs 7,709.61 crore.

9:29 AM

Hero MotoCorp shares dip 1% in early deals

In a boost for Hero MotoCorp’s EV plans, the Delhi High Court hasn’t barred the company from using Hero brand name for its electric vehicles, but has instead asked the Munjal scions to settle the dispute through an arbitration. The arbitration panel includes three retired judges. 

9:27 AM

RIL shares mildly in the red on profit booking

>> The Mukesh Ambani-led company listed their existing foreign currency bonds of over $7 billion on India INX becoming the largest such listing by a private entity in India INX and GIFT IFSC.

9:23 AM

Sensex Heatmap :: Here're the top gainers and losers in early trade

9:21 AM

Sectoral trends :: Metal, Auto support indices; Pharma, banks under pressure

9:19 AM

Opening Bell :: Nifty off lows after early downtick

9:17 AM

Opening Bell :: Sensex slips 100 pts

9:14 AM

Pre-open Heatmap :: All constituents in the red

>> Infosys, Bharti Airtel, HUL are top losers. Stocks are down up to 2%

9:09 AM

Markets in pre-open :: Nifty below 17,250

9:07 AM

Markets in pre-open :: Sensex slips over 300 pts

8:56 AM

Here is a derivative strategy on Marico by HDFC Securities

The short-term trend of the stock is positive as stock price is trading above its 5 and 20 day EMA. READ MORE

8:50 AM

Oil prices ease on reports Iran nearing nuclear deal with the US

Source: oilprice.com

8:43 AM

SGX Nifty drops hinting at lower start for the Nifty50 index

SGX Nifty

8:39 AM

Asian shares trade lower amid mounting geo-political worries

Source: Reuters