F&O expiry: Sensex soars 1,041 pts, Nifty tops 16,900; Bajaj twins leap 10%

CLOSING BELL: Tata Steel, Kotak Bank, IndusInd Bank, Nestle, Infosys, Asian Paints, and Tech M were the other outperformers, up between 3 per cent and 4.6 per cent

3:30 PM

Indian households unlikely to stop investing in stocks, says Morgan Stanley

Despite a record rise in trading by retail investors over the past eight years, Indian households remain "dramatically" underweight in the asset class, says Ridham Desai. Read here

3:22 PM

Decent upside in L&T stock; analyst recommendations strongly positive

Core revenues were at Rs 35,850 crore, up 22 per cent year-on-year (YoY) and down 32 per cent quarter-on-quarter (QoQ). Read more

3:12 PM

ONGC, partners to splash $ 6.2 billion on green energy projects

ONGC and its partners will invest $ 6.2 billion in green energy projects to produce carbon-free hydrogen and green ammonia as part of an ambitious decarbonization drive, officials said. Read here

2:57 PM

Cipla Q1 revenue may be muted on high base, low Covid drug sales: Analysts

Cipla Q1 results preview: Analysts attribute the likely dull performance due to the high base of last year, and the reduction in revenue contribution from Covid-19 therapies in the recent quarter. READ MORE

2:48 PM

Nestle India gains 2% after revenue rises 16% YoY in Q2CY22

2:38 PM

After HAL and BEL, now Bharat Dynamics eyes record high. Here's why

Bharat Dynamics has more-than-doubled in 2022 so far, however, the stock still trades 14 per cent shy from its historic peak. READ MORE

2:28 PM

Paint stocks trade higher as Brent Crude inches to $108 per barrel

2:20 PM

Vodafone Idea, Bharti Airtel sulk on Day 3 of 5G spectrum auction

2:12 PM

June Quarter Result :: SBI Card's profit rises to Rs 627 crore vs Rs 581 crore YoY

>> Revenue up at Rs 3,100 crore vs Rs 2,850 crore

>> GNPA at 2.24% vs 2.22% QoQ

>> NNPA at 0.79% vs 0.78% QoQ 

2:10 PM

ITC slips in red after stock hit 52-week high

1:58 PM

Experts expect some inflation, CAD relief after US Fed hikes rates

India may get some relief on the retail price inflation and current account deficit (CAD) fronts in the current financial year following the US Federal Reserve’s move to hike its key benchmark interest rate by 75 basis points (bps). READ MORE

1:52 PM

Bajaj Finserv surges 10% after board approves 1:1 bonus, 1:5 stock split

In the past three trading sessions, the stock gained 16 per cent after the company announced their plan for stock split or bonus issue. So far in July, the stock has outperformed the market by 33 per cent, as compared to 7 per cent rise in the S&P BSE Sensex. READ MORE

1:46 PM

Market Check:: S&P BSE Sensex at day's high, up over 1,000 points

1:41 PM

BSE 500:: Volume Shockers

Tata Steel has witnessed unusually high volume of around 70.50 lakh shares so far on the BSE as against its five-day average volume of around 3.96 lakh shares. The stock today traded ex-date for 1:10 stock split. Meanwhile, Shree Cement, IFB Industries, Bajaj Holdings and Bharti Airtel too have witnessed a significant spike in volume in trades on Thursday.

1:34 PM

Disclose your foreign assets and income in ITR or pay a hefty penalty

Resident Indians holding foreign stocks and bonds must mandatorily disclose their holdings in their income-tax returns (ITR). They must report their interest in a foreign entity held at any time during the relevant accounting period if they are either the beneficial owner or the beneficiary. READ MORE