MARKET WRAP: Sensex up 173 pts, Nifty tops 11,900; IT, realty stocks gain

All that happened in the markets today

10:00 AM

Karvy scandal fallout: Brokers fear escalation of compliance costs

Broking houses fear escalation in compliance costs as the Securities and Exchange Board of India (Sebi) is set to further tighten the regulatory framework in the aftermath of the Karvy scandal. The domestic broking industry has already been under pressure amid falling yields, drop in volumes, and rising costs because of technological and regulatory changes. READ MORE

9:53 AM

Buzzing | Infosys hits 4-week high

9:49 AM

Commodities Mart :: Onion shortage | Prices may halve in two weeks on increased new arrivals

Onion prices are likely to decline by 50 per cent in the next two weeks, as arrivals of seasonal and pre-seasonal varieties of “red onions” from Maharashtra, Gujarat, and Karnataka increase sharply.

 

Arrival of pre-matured onions has already brought down prices by 42 per cent since Sunday. In the benchmark Lasalgaon mandi (market), the largest spot wholesale onion market in Asia, prices have crashed. They were trading at Rs 41 a kg on Tuesday compared to Rs 71 a kg on Saturday. READ MORE

9:43 AM

TCS off Oct 17 lows

9:40 AM

Market check

9:38 AM

Polycab India adds 3%

9:37 AM

Piramal Enterprises trades 1% higher

-- The Competition Commission of India on Tuesday said it has given nod to subscription of Piramal Enterprises Ltd.'s compulsory convertible debentures by Canadian institutional investor, Caisse de dépôt et placement du Québec.

9:34 AM

Vodafone Idea gains over 4%

-- As per reports, Vodafone Idea is in talks with Brookfield and Edelweiss Group to sell some of its assets to raise over $2.5 billion

9:31 AM

ITC gains 1%

9:29 AM

Camlin Fine Sciences up for fifth straight session

9:28 AM

Adani Transmission hits 52-week high

9:27 AM

Dish TV jumps 5%

9:24 AM

IDBI Bank gains 2%

-- Bank says, it will sell up to 49 per cent stake in its subsidiaries IDBI Capital Markets & Securities Ltd (ICMS) and IDBI Intech Ltd (IIL)

9:23 AM

State Bank of India slips 1%

-- SBI under-reported bad loans by Rs 11,932 crore in FY19, as per RBI report

9:21 AM

YES Bank slides as Board fails to take decision on investor