Business Standard

Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts

CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent

Image SI Reporter New Delhi
MARKET LIVE: Sensex, Nifty recoup day's losses; IT, FMCG, pharma stks gain

1:51 PM

LIC breaks into Fortune 500 list, Reliance Industries jumps 51 places

The nation's biggest life insurer with revenue of USD 97.26 billion and a profit of USD 553.8 million, was ranked 98th on the just released Fortune 500 list. READ MORE

LIC, Life Insurance Corporation

1:44 PM

SBI Q1 preview: Treasury loss, subdued loan growth may cloud profitability

Projections on the quantum of decline in net profit vary widely across brokerages as they see a sequential slide anywhere between 7 per cent and 51 per cent. READ MORE

SBI

1:36 PM

BSE 500:: Top gainers so far

HLE Glascoat and Infibeam Avenues have zoomed over 11 per cent each and were the top gainers among the BSE 500 stocks so far on Thursday. APL Apollo Tubes, Redington India and Solar Industries were some of the other major gainers. VIEW MORE

chart

1:27 PM

Asian stocks shuffle higher as Pelosi presses on amid tension with China

Hong Kong tech shares led the attempted rebound with a gain of 2.8%, reeling in some of the losses suffered as Sino-US frictions flared over a visit to Taipei this week by Nancy Pelosi. READ MORE

Nancy Pelosi

1:12 PM

Auto retail sales dip 8% in July on poor registrations of PVs, two-wheelers

Automobile retail sales in India dropped 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors. READ MORE

used cars

1:05 PM

Energy stocks bogged down in trade; NTPC falls 3%

12:57 PM

IndiGo stock may reach for the skies soon if fuel prices cool off: Analysts

InterGlobe Aviation Q1: A strong revival in air passenger traffic going ahead, coupled with better cost management, and network (route) expansion may support IndiGo's profitability in the medium term. READ MORE

Photo: Bloomberg

12:47 PM

Charts show Nifty IT index has bottomed out: 4 stocks can rally up to 24%

MindTree, Mphasis and Larsen & Toubro Infotech may rally up to 24 per cent, while Infosys needs to overcome its near-term hurdle for fresh gains. READ MORE

technology stocks

12:41 PM

Broader markets tepid in trade; India Vix spurts over 9%

12:26 PM

Zomato, Nykaa, Nestle: Jefferies bets big on Gen Z boom in India

Jefferies expects Gen Z's income to increase 5x as they enter the workplace and are set to surpass Millennials by the end of the decade. READ MORE

Nykaa, beauty care products

12:15 PM

Auto retail sales dip 8% in July on poor registrations of PVs, two-wheelers

Automobile retail sales in India dropped 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors. Read more

Photo: Bloomberg
12:05 PM

Subex zooms 44% in 2 days after pact with Reliance's arm Jio Platforms

Earlier, Subex and JPL announced partnership for AI Orchestration Platform, HyperSense, which will enable telcos to deliver on the promise of AI across data value chain. Read here

reliance jio, RIL
11:51 AM

Rupee falls as Fed officials reiterate US rate hike path, dollar gains

Weakness aggravated by technical factors; Federal Reserve official says 50-basis-point rate hike would be reasonable. Read here

Rupee, rupee vs dollar
11:43 AM

Retail investors' holdings drop by Rs 1.67 trn to Rs 17.58 trn in Q1: Data

Shareholding of high networth individuals (HNIs) - those holding shares worth more than Rs 2 lakh in a company - also declined to 2.08 per cent as on June 30, from 2.21 per cent on March 31. Read here

REITs, InvITs, AIFs and MFs all operate within a trust structure, with a few common entities such as sponsors, trustees, the asset management company and the asset manager.
11:34 AM

ALERT | Supreme Court directs Franklin to pay Rs 684 cr to unit holders

>> Next hearing will be held in December

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First Published: Aug 04 2022 | 8:11 AM IST