MARKET WRAP: Benchmarks end flat, Sensex up 42 pts; realty, IT stocks slip

All that happened in the markets today

10:37 AM

Maharashtra Seamless gains over 2%

-- The company has secured order worth Rs 500 crore from ONGC.

10:26 AM

Buzzing stock :: VA Tech Wabag surges 8%

10:17 AM

Karvy Stock Broking scandal: Sebi unlikely to provide relief to lenders

The Securities and Exchange Board of India (Sebi) is unlikely to provide any relief to the four embattled financial institutions that had lent to Karvy Stock Broking, which, in turn, had placed client securities as collateral.

 

Following the directions of the Securities Appellate Tribunal (SAT), Sebi last week gave a hearing to HDFC Bank, ICICI Bank, IndusInd Bank, and Bajaj Finance in the matter involving transferring securities that were unlawfully pledged from the accounts of Karvy’s clients. READ MORE

10:09 AM

Momentum picks by ICICI Securities

9:58 AM

Divergence between market performance, economy disturbing: Julius Baer CEO

Despite the growth momentum slowing down, ASHISH GUMASHTA, chief executive officer, Julius Baer, tells Puneet Wadhwa that he remains constructive on the Indian equity markets and recommends investors to gradually build their investment portfolio. READ FULL INTERVIEW HERE

Ashish Gumashta

9:49 AM

Tata Motors up 2%

9:47 AM

Auto index gains momentum

9:43 AM

Sensex off opening lows

9:40 AM

BUZZING STOCK:: Adani Transmission climbs 3%

9:37 AM

Omaxe zooms 7%

9:34 AM

Metal stocks trade higher in early trade

9:29 AM

Market check

9:28 AM

Weakness in Nifty Bank index, trades half a per cent lower

9:24 AM

Dish TV zooms 8% despite ratings downgrade

--  CARE Ratings has downgraded the company's short and long-term bank facilities to CARE D from CARE A4+.

9:23 AM

ITC trades lower

--  ITC said that the company has acquired 11.15 per cent stake in Delectable Technologies.