Indices fall for 5th day; Sensex dips 38pts, Nifty at 17K after choppy day

CLOSING BELL: Among sectors, defensives rose in trades today with the Nifty IT, FMCG, and Pharma indices advancing between 0.6 per cent and 0.9 per cent

12:57 PM

NEWS ALERT :: Nord Stream 1 gas pipeline suffers two leaks

12:48 PM

HUL, Asian Paints: 5 stocks withstood recent sell-off; Will they rise more?

Among individual stocks, Asian Paints, EIH and Alkem Laboratories can rally up to 18 per cent each. Hindustan Unilever and Metro Brands too are poised to log smart gains, indicate charts. READ MORE

12:37 PM

BS Masterclass :: What is Algo Trading?

12:28 PM

RBI may need to reload reserves as rupee falls further: HDFC economist

The Indian currency has weakened 9.5% so far this year, with the central bank defending the rupee via dollar sales that have depleted its forex reserves to $545 billion from the peak of $642 billion a year ago. READ MORE

12:20 PM

Adani Group to invest $100 bn in a decade, focus on energy transition

The group has earmarked 70 per cent of its new investments for energy transition space and infrastructure. "We are already the world’s largest solar player, and we intend to do far more. In this context, Adani New Industries is the manifestation of the bet we are making in the energy transition space. It is our commitment to invest $70 billion in an integrated Hydrogen-based value chain," Adani said at the Forbes Global CEO conference in Singapore. READ MORE

12:10 PM

Tamil Nadu govt approves ordinance to ban online games; Nazara Tech dips 4%

Shares of Nazara Technologies dipped 4 per cent to Rs 653.45 on the BSE in Tuesday's intra-day trade after the Tamil Nadu Cabinet, on Monday, approved an Ordinance to ban online gaming in the state. READ MORE

12:03 PM

As US dollar retreats, rupee rises 37 paise to 81.30 in early trade

The rupee appreciated 37 paise to 81.30 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. READ MORE

11:53 AM

City gas distribution stocks in focus: IGL, MGL, Gujarat Gas up 4%

Analysts expects overall gas demand from the CNG and DPNG sectors to grow at 15.7 per cent CAGR over FY22-27 supported by aggressive expansion in infrastructure. READ MORE

11:39 AM

GPT Infra up 3%; board approves 1:1 bonus share issue

11:27 AM

Aurobindo slips 6% in a week after arm receives EIR from USFDA

In the past six months, Aurobindo has underperformed the market by falling 31 per cent, as compared to a marginal 0.07 per cent decline in the S&P BSE Sensex. Read more

11:17 AM

Hang Seng underperforms Asian markets

11:02 AM

Reliance Jio 5G smartphone to be priced between Rs 8k and Rs 12k: Report

During AGM 2022, Reliance chairman Mukesh Ambani had revealed Jio's plans to launch a 5G smartphone in partnership with Google. However, no details on the pricing were revealed. Read more

10:52 AM

Equities, Gold, FDs: Where should you invest as global headwinds rise?

With the domestic economy looking ripe to shine despite a possible global recession, analysts recommend investors look at investing a bulk of their investable surplus in equities. Read more

10:41 AM

Car makers on road to pre-Covid profit as festival season sales soar

Maruti is operating at 95 per cent of its prodcution capacity. Read more

10:30 AM

Analysts see Rupee hitting 85 levels; Fibonacci charts, too, show weakness

As per the weekly Fibonacci chart, the Rupee can depreciate to 82 - 82.20 - 82.40 during the week. However, in case the currency sustains below 81.55-level a corrective move to 80.50 seems possible. Read more