Sensex slips 94 pts, Nifty holds 16,550; Oil India soars 11%, LIC falls 3%

CLOSING BELL: nfosys, ICICI Bank, Kotak Bank, ITC, and Tata Steel were the large-caps that helped the 30-pack index bounce back from lows

1:18 PM

BSE 500:: Stocks falling significantly from the highs of the day

Mahindra Logistics and Suzlon Energy have tumbled over 8 per cent each from the respective highs of the day. Anupam Rasayam, Indiabulls Housing Finance and Birla Corporation were some of the other stocks to have also lost significant ground from their respective highs of the day so far.

1:11 PM

BSE 500:: Stocks recovering smartly from the lows of the day

Adani Power has gained nearly 8 per cent from its low of the day so far. Similarly, Adani Total Gas, Hikal, Throcare Technologies and IIFL Finance have logged notable gains from their respective lows of the day.

1:08 PM

NEWS ALERT :: L&T Construction bags contract in the range of Rs 2,500-5,000 cr

12:59 PM

Market Check:: S&P BSE Sensex recoups nearly 450 points from the day's low, now flat

12:54 PM

NEWS ALERT :: UK PM Boris Johnson to face a no-confidence vote

12:53 PM

Global Check:: US futures trade with a positive bias

Source: Investing.com

12:44 PM

US recession imminent and inevitable? Not if the Fed can thread the needle

"I still think we're going to navigate through without a recession. But obviously it's going to be very, very tight because risks are very high," Moody's Mark Zandi said. READ MORE

US economy

12:34 PM

BSE 500:: Top losers so far

Anupam Rasayan has dipped nearly 8 per cent in trades so far. Indiabulls Housing Finance, Spandana Sphoorthy, Suzlong and Mind Corp were the other significant losers, down over 5 per cent each.

12:26 PM

Sensex 30 Heatmap:: ITC, private banking shares lead recovery

chart

12:17 PM

Asian Markets Update:: Hang Seng, Shanghai lead pullback

Source: Yahoo Finance

12:15 PM

MARKET CHECK :: Sensex off day's low

12:10 PM

BSE 500:: Top gainers so far

Throcare Technologies has soared over 7 per cent. MRPL, Oil India, Ratnamani Metals and Aegies Logistics were some of the other prominent gainers, up 3-5 per cent each.

 

12:03 PM

Trading strategies for Thyrocare, Dr Lal Path, Metropolis amid Covid scare

Thyrocare, Dr Lal Path Labs and Metropolis are trading almost 50 per cent lower from their respective all-time highs, the reversal may see breakout if the key respective levels are sustained. READ MORE

11:50 AM

Opinion | Inflation: How bad for stocks?

Those who are now in their late sixties or older would know that one of the chief features of the 1970s has come back. No, I am talking not of the return of disco dancing or bell-bottom trousers but inflation. As high single-digit inflation persists in the West and double-digit inflation rages elsewhere, it suddenly seems as though nations have lost control over accelerating price rise, which is the ultimate nightmare of economists, politicians, and investors everywhere.  READ MORE

11:30 AM

Cement shares sink: Shree Cement, JK Cement, Ultratech hit 52-week lows

In the past one week, these stocks have slumped between 8 per cent and 13 per cent. JK Lakshmi Cement, Ramco Cements, UltraTech Cement and India Cements, meanwhile, were down 5 per cent to 8 per cent today, as compared to 0.73 per cent decline in the S&P BSE Sensex. READ MORE