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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

11:24 AM

Infra, capital goods' firms get order book booster in June quarter

A seasonally-weak quarter appears to have hardly dampened the spirits of infrastructure and capital goods companies in India. Read to know why

11:15 AM

Worst of inflation behind us; mkt recovery to continue: Emkay's Sachin Shah

The two big challenges of inflation and aggressive FII selling are behind us, believes Sachin Shah, Fund Manager, Emkay Investment Managers. Read here

11:02 AM

Macrotech Developers slips 8% after 2% equity changed hands via block deals

Till 10:11 am; around 6.2 million shares or 1.33 per cent of total equity of the company changed hands on the NSE, exchange data shows. Read here

10:45 AM

US Fed shrinking balance sheet at a much slower pace than planned earlier

As a result, the yield 10-year US government bond is down 14 per cent in the last seven weeks while the S&P 500 up 11.3 per cent in the period. Read more

10:34 AM

China announces military drills following Pelosi's Taiwan visit: Report

Starting from Thursday, China has said that it will carry out five days of "necessary and just" military drills in the seas around Taiwan following US House Speaker Nancy Pelosi's trip to the island. Read here

10:24 AM

Federal Bank becomes 1st to list Payment Gateway on new tax platform

Kerala-based Federal Bank has become the first bank to list its Payment Gateway platform on the TIN 2.0 platform of the Income Tax Department. Read here

10:15 AM

Adani Power hits record high as Q1 net zooms 17-fold; up 221% in 6 months

A nation-wide heatwave and broadening of the recovery in economic activity continued to drive electricity demand growth in the first quarter of FY23, the company said. Read here

10:03 AM

Gold prices fall by Rs 210 per 10 gram in early trading; silver by Rs 500

Spot gold held its ground at $1,767.39 per ounce, as of 0239 GMT US gold futures rose 0.4% to $1,783.90. Read here

9:53 AM

Oil prices rise after dropping to lowest in months on weak US demand

Oil prices rose in early Asian trade on Thursday, bouncing off multi-month lows in the previous session caused by data signalling weak U.S. fuel demand. Read here

9:45 AM

Redington surges 5%; Q1 profit comes 36% up from last year

 

9:39 AM

Birlasoft up 2%; co's PAT falls, revenue up 5% in Q1 from Q4

 

9:35 AM

Inox up 1%; co reports highest quarterly revenue of Rs 589 crore in Q1

 

9:31 AM

Adani Wilmar slips 2% despite 10% yearly rise in Q1 net profit

 

9:29 AM

Voda Idea sheds 3% after flat YoY loss in Q1

 

9:27 AM

Metals next best gainers after IT; Realty pack weak

 

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