Investors poorer by Rs 5 trn as Sensex tanks 1,021 pts; Nifty near 17,300

CLOSING BELL: ith this, the indices have yet again turned negative for calendar year 2022. During the day, the Sensex had tumbled over 1,100 points, and the Nifty50 had erased nearly 350 points

12:53 PM

BSE 500:: Top gainers so far

JM Financial surged nearly 5 per cent and was the top gainer among the BSE 500 stocks so far on Friday. It was followed by Sterling & Wilson, Ambuja Cements, Dr.Lal Pathlabs and Divi's Lab, up 3-4 per cent each.

12:44 PM

Stock of this edible oil company has zoomed nearly 1,500% in three months

Shares of Ambar Protein Industries continued at their northward journey as they were locked in the 5-per cent upper circuit band at Rs 730 on the BSE on Friday. The shares traded at their all time level and have frozen at the upper circuit for 58th straight consecutive day. READ MORE

12:34 PM

Sensex 30 Heatmapp:: PowerGrid, M&M top losers; Sun Pharma trades firm

12:23 PM

Five Tata Group stocks eye up to 25% upside; Tata Chemicals top pick

Tata Chemical sees 25 per cent upside on Golden Cross breakout, while Tata Investment and Indian Hotels can surge up to 20 per cent each. Read here

12:15 PM

Reliance New Energy to acquire 20% stake in US-based Caelux for $12 mn

Caelux is a research and development-oriented company in perovskite-based solar technology. Its proprietary technology enables high-efficiency solar modules that can produce 20% more energy. Read here

12:06 PM

WATCH | What led to billionaire brothers Malvinder and Shivinder Singh's downfall?

11:55 AM

Hercules Hoists gains as board approves to split biz from Indef Manufacturing

Board has approved scheme of arrangement to split businesses between company & Indef Manufacturing.

11:47 AM

Europe energy crisis to last more than a winter amid tight supply: Analyst

Russia's invasion of Ukraine upended energy flows and rippled through global markets, driving up natural gas prices and forcing drastic measures such as Germany nationalizing its biggest importer. Read here

11:38 AM

Rupee falls to fresh low on relentless strength in dollar after Fed hike

Forex traders await cues on RBI's intervention strategy post the recent slump in rupee. Read here

11:26 AM

Exide to invest Rs 6,000 crore in setting up lithium-ion unit in Karnataka

Exide Industries expects an annual revenue of Rs 10,000 crore- Rs 12,000 crore in the next 8-10 years from the lithium-ion cell business. Read here

11:19 AM

Accenture's outsourcing guidance bodes well for big Indian IT cos: Analysts

Analysts underscored that Accenture's August quarter (Q4FY22) results reflected softening of demand for IT services, and thus remain 'cautious' on the sector. Read here

11:10 AM

ALERT | IOC to close Naphtha Hydrocracker unit in Panipat for 80 days

Indian Oil plans maintenance at its 3 lk bpd Panipat refinery, to close Naphtha Hydrocracker for about 80 days, as per Reuters.

11:03 AM

Schneider Electric hits over 6-year high, surges 12% in a weak market

With a number of reforms being introduced in the Power & Grid sector, the company expects it to remain resilient. Read here

10:56 AM

RBI's action unlikely to have material impact on financials: M&M Finance

The RBI action of barring M&M Financial from outsourcing recovery agents comes after the Harazibagh incident where a pregnant woman was mowed down to death. Read here

10:49 AM

Vi facing troubles in finalising 5G deals, vendors want advance payment

Vi owes Rs 1,000 cr to Ericsson, Rs 3,000 cr to Nokia, Rs 7,000 cr to Indus Towers, and Rs 2,000 cr to American Tower Company (ATC). Read here