MARKET WRAP: Sensex snaps 3-day gaining streak, down 71 pts; metals drag

All that happened in the markets today

10:39 AM

ITC slides over 1%

10:27 AM

Market check | Sensex slips into the red

10:17 AM

BGR Energy surges 39% in two days on Rs 4,443 crore contract win

Shares of BGR Energy surged 16 per cent to Rs 41.15 in early morning deals on Monday, thus rallying 39 per cent in the last two trading days after the company won a contract worth of Rs 4,443 crore from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO). In a regulatory filing on Friday, BGR Energy said the company was awarded a contract by TANGEDCO for the execution of 1x660 MW Supercritical Ennore Thermal Power Station Expansion Project under EPC basis. The total value of the project is Rs 4,442. 75 crore, including all taxes and duties to complete the contract, it said. READ MORE

10:09 AM

Nifty Bank hits fresh high as ArcelorMittal to close Essar Steel deal today

Nifty Bank index held its gains above the crucial 32,000-mark, and hit a record high of 32,186.95 in the opening deals on the National Stock Exchange (NSE) on expectations that ArcelorMittal could complete payment worth Rs 42,000-crore in the Essar Steel case to the lenders. For the world’s largest steel maker, the timeline of one month for the full payment ends on Monday. READ MORE

10:00 AM

Sun Pharma declines nearly 3% as Halol facility gets 8 US FDA observations

Shares of Sun Pharma cracked as much as 2.84 per cent to Rs 426.50 apiece on the BSE on Monday after the company informed that the US FDA has issued a Form 483, with eight observations for its Halol (Gujarat) facility. The inspection was conducted from December 03-13, 2019, the company said in its regulatory filing. At 09:30 am, the stock was trading over 1.50 per cent lower at Rs 431.70. READ MORE

9:56 AM

Momentum picks by ICICI Securities

9:50 AM

BUZZING STOCK:: Glenmark Pharma up 1%

9:46 AM

MARKET UPDATE:: Sensex off opening highs

9:38 AM

Indiabulls Ventures up 3%

9:33 AM

Tech stocks gain in early trade

9:28 AM

Ashiana Housing zooms 10%

-- Ashiana Housing has converted 244 'Expression of Interests' into booking out of the total 250 units available in Phase 1 of the project 'Ashiana Aditya'. 

9:26 AM

JB Chemicals and Pharma rises nearly 3%

9:24 AM

Punjab National Bank declines

-- Public sector lender Punjab National Bank (PNB) under-reported its non-performing assets by Rs 2,617 crore for the fiscal year 2018-19, as per RBI's risk-assessment report.

9:23 AM

Sun Pharma dips in a strong market

-- The company's Halol facility has received 8 USFDA observations. The inspection took place from December 3 to December 13.

9:21 AM

HCL Tech gains during early trade