Sensex ends choppy day 337pts down; Nifty atop 17,600; banks dip, FMCG gain

CLOSING BELL: Sectorally, indices ended mixed with the Nifty FMCG index rising over 1 per cent, while the Nifty Bank, and Financial Services indices falling up to 1.4 per cent each

10:53 AM

Page Industries rallies 8% in three days; hits new high in a weak market

Going foward, the company expects that the growing urban women population and women corporate workforce are better growth opportunities. Read more

10:40 AM

Rupee slumps to new low as Fed hikes rates, signals longer tightening cycle

The rupee hit a new low of 80.47 versus the US dollar in the first few minutes of trade on Thursday. Read here

 

10:27 AM

Dollar towering, Asian stocks cowering as Fed interest rates jump higher

The dollar surged to a fresh two-decade high and Asian stocks hit a two-year low on Thursday as the prospect of U.S. interest rates rising further and faster than expected spooked investors. Read here

10:14 AM

Indian rupee tipped to fall further after reaching record low: Analysts

The Indian rupee is likely to fall further after hitting a record low to the dollar on Thursday as the U.S. Federal Reserve hinted at more aggressive rate hikes to tame inflation. Read here

10:03 AM

Infosys hits 52-week low, slips 14% in one month amid growth worries

The stock was tracking losses in global markets, as the US Fed raised interest rates an another 75 bps on Wednesday. Read here

9:55 AM

Asian Hotels (East) freezes at 5% upper circuit; sets Oct 7 as record date for 1:2 bonus

The company’s board has fixed October 07 as the record date for the proposed 1:2 bonus issue. Further, also for the allotment of new equity shares of Robust Hotels in 1:1 ratio.

9:50 AM

KPI Green Energy wins 5.4 MW wind-solar hybrid project; stock soars 4%

The company has received a new order for executing a 5.40 MW wind-solar hybrid power project.

9:47 AM

Star Housing Finance rises 1%; board to mull fund raise on Sept 26

The company’s board is scheduled to meet on September 26 to consider various proposals, including raising funds by way of preferential issue.

9:44 AM

Ashoka Buildcon gains over 2% on bagging Rs 258 cr-order

The company has won an order worth Rs 258.12 crore for construction of new BG line, from South Western Railway. The order needs to be executed within 24 months.

9:41 AM

PNB edges nearly 2% up on raising Rs 658 crore via bonds

The state-run bank raised Rs 658 crore by issuing Basel III compliant additional Tier-1 bonds at a coupon rate of 8.3 per cent per annum.

 

9:38 AM

Policybazaar up 1% on investment plans in arms

The company said it will invest Rs 650 crore in its subsidiary Policybazaar Insurance Brokers and Rs 250 crore in Paisabazaar Marketing and Consulting, as approved by the board earlier.

 

9:34 AM

SpiceJet extends slide, down 3% as DCGA continues flight ban

DGCA stating it as a ‘matter of abundant caution’ has asked the low-cost airline to continue flying with just 50 per cent of its flights for another month.

9:31 AM

MARKET CHECK | Sensex pares opening losses; shows resilience

9:30 AM

SECTORS | Financials, IT, Oil & Gas pockets leading losers

9:28 AM

BROADER MARKETS | Small-caps, mid-caps hold strength