Sensex snaps 3-day winning run, sheds 317 pts; Banks, realty shares decline

CLOSING BELL: The NSE Nifty 50 slipped 92 points to settle at 17,944. L&T, Hero MotoCorp, UltraTech Cement bucked the trend, while Adani Group shares ended mixed on Friday.

1:48 PM

Rural recovery may drive next bout of India inflation: HSBC economists

The Indian economy could see another bout of inflation as the rural demand revives and the informal sector recovers from the pandemic-lows, economists at HSBC Securities and Capital Markets said. READ MORE

1:36 PM

BSE 500:: TCNS Clothing, Shilpa Medicare, Timken among top gainers

TCNS Clothing up over 14 per cent was the top gainer among the BSE 500 stocks so far on Friday. It was followed by Shilpa Medicare, Timken India, Schaeffler India and Adani Power, up 5 - 8 per cent each.

1:28 PM

BJP lashes out at investor Soros, says he is 'targeting' democratic system

The BJP on Friday launched a frontal attack on billionaire investor George Soros, accusing him of not only targeting Prime Minister Narendra Modi but also the Indian democratic system. READ MORE

1:17 PM

Shriram AMC up 3% after board rejigs management personnel

1:16 PM

Godrej Properties acquires Raj Kapoor's Bungalow in Mumbai for Rs 500 cr

Godrej Properties Ltd has acquired legendary film actor, director and producer Raj Kapoor's Bungalow at Chembur in Mumbai to develop a luxury housing project with a sales potential of Rs 500 crore. READ

1:00 PM

Drug firm Glenmark gets USFDA nod for generic diabetes drug to market in US

Drug firm Glenmark said it has received approval from the US health regulator to market a generic medication to treat diabetes in the American market. READ MORE

12:49 PM

Adani vs Hindenburg: SC to hear PILs, mull over setting up experts' panel

The Supreme Court is scheduled to hear during the day a batch of PILs on the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations and is likely to mull over setting up of a panel of domain experts for strengthening existing regulatory measures for stock exchanges. READ

12:38 PM

MARKET CHECK: Sensex weakening again at this hour

12:30 PM

India setting up $4 billion fund to backstop corporate debt market

India is setting up a fund worth Rs 33,000 crore ($4 billion) to provide liquidity to its corporate debt market during bouts of stress, to help stem panic selling and ease redemption pressures, an SBI Mutual Fund executive told Reuters. READ

12:21 PM

Stock of this iron & steel products company has zoomed 101% in 6 months

Shares of Surya Roshni hit a 14-month high of Rs 711.35, as they surged 10 per cent on the BSE in Friday's intra-day trade in an otherwise subdued market. READ MORE

12:12 PM

Defence stocks: HAL poised for a historic peak; BDL, BEL test key levels

HAL sets to hit new all-time and may rise up to 9 per cent. BDL and BEL need to cross key hurdles to breakout. READ MORE

11:58 AM

Ipca Labs slips 5%, hits 52-week low on weak December quarter results

In Q3, Ipca's operating profit margin was lowest since FY19, impacted by lower gross margins, and continued higher overheads. READ MORE

11:50 AM

Nifty Media sole sectoral gainer in a bearish market

11:40 AM

Angel One falls over 2% after CEO tenders resignation

11:30 AM

BEML gains 1% after it signs 11 MoUs at Aero India 2023