MARKET WRAP: Sensex loses 162 pts, Nifty ends at 11,605; India VIX jumps 9%

All that happened in markets today

10:48 AM

NEWS ALERT | HDFC Bank cuts lending rate by 5-10 bps with effect from today

10:40 AM

Tech view: Nifty likely to top-out in the range 11950 - 12500

With the Nifty50 index trading close to its all-time high level, it has become a challenging task to predict the road ahead. Election – related uncertainty is adding to volatility. However, various technical theories have helped to identify a possible range. Fibonacci series and price extensions is one way to forecast a trend. READ MORE

10:30 AM

Lakshmi Vilas Bank extends rally on merger with Indiabulls Housing Finance

Shares of Lakshmi Vilas Bank (LVB) were locked in the upper circuit for the third straight trading days after rising 5 per cent to Rs 97.35 on the BSE on Monday after the private sector lender announced merger with non-banking finance company Indiabulls Housing Finance (IHF). READ MORE

10:22 AM

Mid-, small-caps aren't overvalued; see opportunities there: S Naren

After a sharp rally over the past few weeks, the markets seem to be consolidating ahead of the March quarter earnings season. S Naren, executive director and chief investment officer, ICICI Prudential Asset Management, tells Puneet Wadhwa that even though the markets are fully valued, they may not correct. READ MORE

S Naren, ED & CIO, ICICI Prudential AMC

10:10 AM

NIIT surges 14%, NIIT Technologies down 3% after Baring PE deal

NIIT shares surged 14 per cent to Rs 104 on the BSE in early morning trade after a funds affiliated with Baring Private Equity Asia (BPEA) said that it will buy the company's and promoter entities' 30 per cent stake in NIIT Technologies for about Rs 2,627 crore. READ MORE

10:00 AM

Market check

10:00 AM

Momentum Picks by ICICI Direct

9:54 AM

Indiabulls Real Estate is trading 12.8% higher

9:53 AM

NIIT Ltd extends gains, trades 15.7% higher

9:50 AM

HPCL slips over 2.8%

9:47 AM

Nifty Auto index is trading 0.14% lower

9:44 AM

Opening losers on S&P BSE Sensex

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
INDOSTAR CAPITAL	413.50	-15.55	-3.62	524
DLF	195.00	-6.50	-3.23	494945
REL. COMM.	3.17	-0.10	-3.06	349598
LINDE INDIA	451.00	-14.00	-3.01	295
AIA ENGG.	1661.55	-48.50	-2.84	23

9:43 AM

Most active stocks by volume (BSE500)

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
SOUTH IND.BANK	17.85	0.30	1.71	2484350
REL. COMM.	3.13	-0.14	-4.28	1884072
VODAFONE IDEA	16.90	0.60	3.68	1228273
DLF	195.40	-6.10	-3.03	1109070
INDBULL.REALEST.	99.95	9.40	10.38	889431

9:42 AM

Opening gainers on BSE Sensex

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
ORIENT CEMENT	97.20	5.35	5.82	463
JINDAL STAIN.	43.50	2.30	5.58	19
TIMKEN INDIA	625.00	32.25	5.44	51
INDIABULLS INTEG	366.55	17.45	5.00	4607
LAK. VILAS BANK	97.35	4.60	4.96	427

9:39 AM

Indian Oil Corporation down 1.3%