F&O expiry: Nifty holds 16,800, Sensex dips 188 pts day ahead of RBI policy

CLOSING BELL: ITC, Dr Reddy's Labs, Tata Steel, Sun Pharma, M&M, NTPC, and Nestle India were the top large-cap winners, while Asian Paints, Tech M, Wipro, TCS, Titan, Kotak Bank sank

12:46 PM

Indian bond, equity markets decoupled; see 30% downside in Nifty50: CLSA

The decoupling of Indian equity markets, this year, from the global markets has been remarkable. While the S&P 500 has lost over 20 per cent in CY22 so far, the Nifty50 index is marginally in the red. Read more

12:35 PM

LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?

Sun Pharmaceutical seems set to register a new 52-week high; while Tata Motors and Torrent Pharmaceuticals are yet to take-off their respective obstacles, charts show. Read here

12:24 PM

Rupee appreciates 35 paise to 81.58 against US dollar in early trade

The rupee appreciated 35 paise to 81.58 against the US dollar in early trade as the American currency retreated from its elevated levels. Read here

12:15 PM

IOCL signs pacts with Petrobras, Ecopetrol for crude oil supplies: Report

IOCL's pact with Petrobras was signed during petroleum secretary Pankaj Jain's visit to Brazil last week. Petrobras will supply 1.7 million tonnes per annum to IOCL. Read more

12:00 PM

Sun Pharma extends rally, surges 7% in two days; now trades at 5-month high

Sun Pharma could see structural growth and be relatively insulated from the adverse price erosion scenario in the US, according to analysts. Read more

11:47 AM

ALERT :: 4th leak detected in Nord Stream pipelines

11:40 AM

SBI files 'insolvency petition' against Jaiprakash Associates in NCLT

JAL is involved in cement manufacturing, engineering and construction, expressways, real estate, hospitalities, wind/thermal power plants at various locations all over India. Read here

11:30 AM

IT giant HCL acquires majority stake in vernacular edtech platform GUVI

IT major HCL said it has acquired a majority stake in vernacular edtech platform GUVI -- one of the few companies in India to partner with Elon Musk's 'OpenAI' initiative -- for an undisclosed sum. Read more

11:21 AM

Expensive deal valuations to hit Torrent Pharma's near-term earnings

Sales trajectory in domestic formulations and resolution of regulatory issues are other triggers. Read here

11:13 AM

TotalEnergies may trim stake in Adani Green to cash in on valuation jump

The French energy giant bought 20% of Adani Green in 2021 for $2 billion, building on a series of previous deals with Indian billionaire Gautam Adani. Read more

11:01 AM

Lupin dips 3% as US FDA issues warning letter for Tarapur facility

Lupin said it does not believe the warning letter will have an impact on disruption of supplies or the existing revenues from operations of this facility. Read more

10:53 AM

Mutual funds' share in household savings jump 150% in FY22: RBI data

Retail investments in MF rise as flows into bank deposits drop. Read here

10:40 AM

Analysts remain bullish on Tata Motors as company drives in Tiago EV

Analysts at Nomura expect the Tiago EV to sell 3,000 - 5,000 units per month, and its overall EV sales to touch 60,000/ 96,000 in FY23/24. Read more

10:29 AM

Go Fashion hits record high on healthy outlook; up 100% against issue price

The stock hit a new high of Rs 1,373.90, and has nearly doubled against its issue price of Rs 690 per share. Read here

10:15 AM

Sebi lays guidelines on preferential issues for listed REIT, InvIT

REITs and InvITs are relatively new investment instruments in the Indian context but are extremely popular in global markets. Read here