ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip

CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent

3:20 PM

Profitability of domestic broking companies calms after a strong FY22: ICRA

The profitability of the domestic broking industry fell to 34 per cent in Q1FY23 from 38 per cent in the similar period last year due to geopolitical concerns and the adverse macroeconomic outlook. READ MORE

3:13 PM

Fitch affirms rating for 4 NBFCs, maintains stable outlook for all

The financial condition of Shriram Transport Finance, Muthoot Finance, Manappuram Finance and IIFL Finance is satisfactory, says agency. READ MORE

3:09 PM

ALERT :: Tanla Platforms approves buyback worth Rs 170 crore via tender offer

>> Buyback at Rs 1,200 per share

3:02 PM

MMTC sinks over 7% on reports govt to denotify co as nominated agency for exim policy

2:54 PM

GLOBAL MARKETS | European indices edge up ahead of ECB policy outcome

2:45 PM

Central government to begin Budget 2023-24 preparations from October 10

Budget 2023-24 will be the fifth budget of the Modi government. It will be FM Sitharaman's last Budget before the 2024 General Elections. Read more

2:33 PM

LATE DEALS | Markets gaining steam; Sensex up 550 pts

2:23 PM

Yes Bank soars 35% in 3 months, stock at 20-month high on improved outlook

In August, CRISIL upgraded the rating on Tier-II bonds (under Basel III) and Infrastructure Bonds of Yes Bank to 'CRISIL A-' from 'CRISIL BBB+' and revised its outlook to 'Positive' from 'Stable'. Read more

2:11 PM

Deglobalisation, commodity shocks, cast shadow on Asian markets: Moody's

Deglobalisation trends, commodity shocks, tighter finance cast a shadow on Asia's emerging markets (EM) which remain an important global growth engine, said Moody's Investors Service. Read more

1:58 PM

BSE 500:: Volume Shockers

Akzo Nobel has witnessed unusually high volume of around 1.49 lakh shares on the BSE so far as against its five-day average volume of around 1,400-odd shares. Similarly, InterGlobe Aviation, Infibeam Avenues, Sapphire Foods and Thyrocare Technologies have also witnessed a significant spike in volume on Thursday.

1:48 PM

Global Market Check:: US, UK stock futures mildly in red

Source: Investing.com

1:38 PM

European Central Bank to join US Fed in rate hikes amid record inflation

The European Central Bank is set to join the U.S. Federal Reserve in making a jumbo interest rate hike Thursday as it tries to stamp out record inflation although it risks worsening a recession. READ MORE

1:29 PM

Stocks at all-time high:: Adani Enterprises, Ambuja, M&M, ICICI Bank

Adani Enterprises, Aditya Birla Fashion, Ambuja Cements, ICICI Bank, M&M, Mahindra Life, SBI Life Insurance and Varun Beverages were some of the stock to record fresh life-time highs in trade on Thursday so far.

1:19 PM

Automobile retail sales in India increase by 8.31% in August: FADA

Retail sales of automobiles in India grew 8.31% in August this year on the back of increase in registrations of vehicles across all major segments, automobile dealers' body FADA said on Thursday. READ MORE

1:10 PM

ITC scouts alternate structures for hotel biz; stock up 50% so far in 2022

According to reports, ITC Hotels could soon be a separately listed entity, carved out of the parent cigarette-to-branded packaged food conglomerate. READ MORE