Sensex gyrates 1,027 pts, ends 257 pts up; Nifty holds 17,550; M&M gains 4%

CLOSING BELL: RIL, ICICI Bank, M&M, SBI, Bajaj twins, and Titan were the stocks that supported the indices

3:18 PM

SpiceJet exploring stake sale to raise Rs 2,000 cr, says CMD Ajay Singh

SpiceJet is looking to raise investments from external parties, including airlines, said Ajay Singh on the sidelines of an ASSOCHAM event. READ MORE

3:09 PM

Stocks at 52-week high:: BEL, Deepak Fertilizers, Eicher Motors

Bharat Electronics (BEL, Deepak Fertilizers, Eicher Motors and GE Shipping hit a new 52-week high in trades today.

2:59 PM

Global Check:: US, UK stock futures mildly positive on Tuesday

Source: Investing.com

2:49 PM

Correction likely after a sharp run; buy on dips: Credit Suisse Wealth Mgmt

The recent 'hope rally' in Indian markets was mostly led by a presumption that global central banks, especially the US Fed, may go slow on rate hikes in the rest of 2022 as the inflation cools off. READ MORE

2:40 PM

Inflation to ease to 4% in two years after peaking, says RBI Governor

The RBI has raised policy repurchase rate by a total of 140 basis points since May, including back-to-back half point increases in June and August, to cool down inflation within its mandate. READ MORE

2:33 PM

Centre proposes stricter valuation rules for overseas direct investments

The government on Monday introduced new set of rules for domestic entities, including companies and large family offices and start-ups, opting for overseas direct investment route (ODI), which could impact their acquisition decisions in a big way. READ MORE

2:26 PM

BSE 500:: Top losers so far

Devyani International has slipped nearly 6 per cent and was the top loser among the BSE 500 stocks so far on Tuesday. It was followed by Adani Power, Adani Green, MphasiS and Varroc Engineer.

2:16 PM

Can the new Irdai chief bring in much-awaited reforms in insurance sector?

For Irdai Chairman Debasis Panda, LIC's fortune and reforms in health insurance sector will be the two most difficult tests to pass. READ MORE

2:07 PM

Asian Markets Update:: Major indices decline around a per cent apiece

Source: Yahoo Finance

1:59 PM

Supreme Court rules that benami law cannot be applied retrospectively

The Supreme Court (SC) on Tuesday ruled that the Benami law can only be applied prospectively and not retrospectively, and held section 3(2) of the Act “unconstitutional”.  Several businesses have been awaiting this verdict on the Benami Transactions (Prohibition) Amendment Act, which came into effect on November 1, 2016. READ MORE

1:58 PM

Corporate Action :: Ruchira Papers to consider bonus issue on August 30

1:50 PM

BSE 500:: Stocks recovering smartly from the lows of the day

MAS Financial Services has surged over 10 per cent from its low of the day so far. Similarly, Kalyan Jewellers, Indigo Paints, Brightcom Group and Borosil Renewable Energy were some of the other significant movers from the lows of the day on Tuesday.

1:42 PM

This Radhakishan Damani-owned stock has zoomed 66% in 2 months

In the past two months, the stock of the defence company has zoomed 66 per cent from level of Rs 193 on the BSE. Moreover, over the past six months, it has soared 65 per cent as against 2.6 per cent rise in the S&P BSE Sensex. In the past one year, the stock has surged 111 per cent as compared to 5.7 per cent gain in the benchmark index. READ MORE

1:29 PM

MARKET CHECK :: Sensex rebounds from lows

1:19 PM

Sensex Contributors :: Infy, HDFC Bank weigh; RIL, ICICI Bank lend support