Market snaps 9-day losing streak; Sensex jumps 227 pts, Nifty over 11,200

All that happened in the markets today

9:44 AM

RBL Bank gives up nearly 3% in trade

9:42 AM

HDFC sees sudden slip in trade

9:41 AM

Expert Quote | Deepthi Mathew, Economist, Geojit Financial Services on CPI data

"The inflation rate in the country is slowly picking up reaching a six month high at 2.92 per cent for the month of April. Food and beverages having the largest share registered a YoY growth rate at 1.38 per cent in April compared to 0.66 per cent in March. The domestic economy has not yet started feeling the pressure from rising crude oil price, with the growth rate of fuel and light marginally increased from 2.34 per cent in March to 2.56 per cent in April. With the inflation rate within the permissible level, RBI might go for a rate cut in its next MPC meeting scheduled for June. However, the rising crude oil price is going to pose a big challenge for the Central Bank, as it could lead to an overall increase in the price level."

9:41 AM

Adani Ports gains 2% during early trade

9:40 AM

Motilal Oswal Financial Services on HDFC

The company is sitting with strong capitalisation (Tier I 17.6%) – networth has doubled (to Rs 737b+) over FY17-19, helped by a capital raise of Rs 120b+, warrant conversion of INR55b+ and strong internal accruals. We largely maintain our estimates. Maintain Buy with an SOTP-based target price of Rs 2,330.

9:38 AM

Karnataka Bank slips over 5%

9:37 AM

YES Securities on Inox Leisure

We remain positive on the stock led by strong content pipeline driving footfalls, aggressive screen expansion plan, premiumization, improved focus on entering new cities, higher conversion rate enabling improved SPH and continued focus on improving its advertising revenue. At CMP, the stock is attractive at 10.5x FY19 EV/EBITDA.

9:36 AM

Tata Steel slips in trade

9:35 AM

Jet Airways skids 8%

- Media reports suggest the airline's CFO has tendered resignation.

- No revivial plan in progress

9:33 AM

Rupee recovers marginally, opens 7 paise higher against US dollar

The rupee on Tuesday opened 7 paise higher at 70.44 against the US dollar on Tuesday amid weak global cues and rise in crude oil prices. The domestic unit on Monday fell sharply by 59 paise to close at nearly two-and-a-half-month-low of 70.51 due to persistent foreign fund outflows and renewed worries over rising crude oil prices Domestic investors kept weighing weak cues from global markets amid uncertainties around US-China trade tariff deal. Also, sustained foreign fund outflows kept investors edgy. READ MORE

9:32 AM

Vodafone Idea falls over 4%

India's largest telecom operator, on Monday reported a consolidated loss of Rs 4,881.9 crore for the quarter ended March 31, amid a brutal tariff war in India's telecom market. 

9:30 AM

Voda Idea slips over 4 per cent post Q4 results

9:29 AM

Muthoot Fin rallies over 3%

9:28 AM

Jindal Steel drags Nifty Metal

9:26 AM

Sun Pharma recovers from previous day's low