Localised lockdowns weigh; Sensex declines 244 points amid volatility

The broader markets, however, managed to duck the bear onslaught and supported the overall market breadth

9:26 AM

Result Reaction :: ACC advances over 3%

>> Cement maker ACC reported a 74.17 per cent YoY increase in consolidated net profit to Rs 562.59 crore for the first quarter ended March 2021, helped by an increase in sales and cost-efficiency. It had posted a profit of Rs 323.02 crore in the corresponding quarter a year ago.

9:25 AM

Vaccine for all adults :: AstraZeneca Pharma rallies over 5%

9:23 AM

Vaccine for all adults :: Dr Reddy's Labs gains 3%

>> Government has approved Covid-19 vaccination for all above the age of 18 years from May 1

9:21 AM

Sectoral trends on the NSE :: IT, FMCG stocks underperform

9:20 AM

Sensex Heatmap :: 29 of the 30 constituents trade in the green

9:18 AM

Opening Bell :: Nifty tests 14,500 in early deals

9:17 AM

Opening Bell :: Sensex starts on a firm footing

9:13 AM

Commodity prices in early deals

9:09 AM

Top gainers and losers on the S&P BSE Sensex in Pre-open

9:06 AM

Pre-open session :: Nifty above 14,500

9:04 AM

Pre-open session :: Sensex starts higher

8:59 AM

Result today :: Nestle's Q1 PAT may rise up to 14% YoY, say analysts

Increased in home-consumption, better demand from rural and urban India, sustainable growth in Maggi noodles and new products launches are some of the factors that analysts believe will drive growth for the fast-moving consumer goods (FMCG) maker Nestle India in the January - March quarter of 2021.

Shares of the firm have declined over 6 per cent on a year-to-date basis. During the three months-ended March 2021, they shed over 6.5 per cent as against a rise of 4 per cent in the BSE Sensex and 2 per cent in BSE FMCG index. READ MORE

8:55 AM

Top stocks to watch today

Tech Mahindra: The company said it has acquired a 100 per cent stake in DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 million (about Rs 898 crore) to augment hybrid-cloud offerings for enterprise customers globally.

 

ACC: Cement maker ACC reported a 74.17 per cent YoY increase in consolidated net profit to Rs 562.59 crore for the first quarter ended March 2021, helped by an increase in sales and cost-efficiency. It had posted a profit of Rs 323.02 crore in the corresponding quarter a year ago. READ MORE

8:50 AM

Top trading recommendations by Anand Rathi

BUY BATAINDIA | TARGET: Rs 1,420 | STOP LOSS: Rs 1,200

 

The stock BATAINDIA has corrected from the top of over 1600 to the recent bottom below 1300-mark. This has brought the stock under oversold zone in smaller time frame. At this juncture, the stock is trading near the potential reversal zone of a couple of harmonic patterns called CYPHER and a SHARK. For a medium-term trader, this could be a perfect price to go long with a time frame of 1 – 2 months. Thus; traders are advised to buy the stock in the range of 1290 - 1270 with a stop loss of 1200 for the upside potential target of 1420 in 3 – 5 weeks. READ MORE

8:46 AM

Bulk deals on the BSE as on Monday

Click here for complete list