Business Standard

Sensex, Nifty end flat after volatile session; metal, energy stocks shine

CLOSING BELL: M&M, Tech M, Dr Reddy's Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index

Image SI Reporter New Delhi
MARKET LIVE: Sensex, Nifty flat; metals, auto, energy indices top winners

3:34 PM

Closing Bell: Sensex erases 400 pts loss to end flat

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3:25 PM

European markets climb as ECB Lagarde plays down recession risks

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source: finance.yahoo.com

3:15 PM

CURRENCY CHECK: Rupee extends slide, touches 78.8/$

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source: bloomberg

3:10 PM

Zomato sheds nearly $1 bn in valuation over two days after Blinkit deal

The Ant Group-backed food delivery firm said on Friday it would acquire Blinkit for Rs 4,447 crore ($568.16 million) in stock, as it tries to gain a foothold in the fiercely competitive quick delivery market. READ MORE

2:59 PM

Indiabulls Real Estate guilty of profiteering, to refund homebuyers: NAA

The DGAP found that the real estate firm benefitted from additional ITC post the introduction of Goods and Services Tax between July 1, 2017-March 31, 2019, and over Rs 6.46 crore should be passed on to the buyers in the project. READ MORE

2:53 PM

CORPORATE UPDATE :: Hindustan Aeronautics recommends final dividend of Rs 10 per equity share

>> Final dividend is for  the Financial Year 2021-22

>> Subject to approval of the members of the Company, it shall be paid to the shareholders within 30 days of declaration
2:48 PM

NEWS ALERT :: Jio and DigiBoxx collaborate for JioPhotos

2:42 PM

INDEX CHECK :: BSE MidCap index turns positive; Oil India, Jindal Steel top gainers

2:34 PM

STOCK VIEW :: Paytm has bottomed out; expect target of Rs 990

The counter is bottoming out after building a strong base at the 500 level.

It is now witnessing a breakout of symmetrical triangle formation with strong positive divergence in RSI.

If it manages to close above its all-important moving averages, we can expect immediate targets of 870/990.

On the downside, 650 should act as an immediate and strong support level.

Views by: Santosh Meena, Head of Research, Swastika Investmart 

2:24 PM

Tata Motors abuzz post it hikes price of CV range by 1.5-2.5%

2:15 PM

Rupee at a fresh all-time low as rising oil deepens CAD, inflation concerns

The domestic currency was trading at a fresh record low of 78.597 per US dollar against 78.34 per dollar at the previous close. READ MORE

Photo: Brent Lewin/Bloomberg
2:06 PM

DHFL-Yes Bank case: ED takes Pune businessman Avinash Bhosle in custody

The Enforcement Directorate (ED) on Tuesday took Pune-based businessman Avinash Bhosale into custody from Arthur Road Jail in an alleged corruption case pertaining to Yes Bank and DHFL. READ HERE

DHFL
 

1:57 PM

Crude Oil & Natural Gas related shares log strong gains, up up 8%

Hindustan Oil Exploration has soared nearly 8 per cent. ONGC, Oil India and Selan Exploration have rallied around 4 per cent in trades so far. VIEW ALL

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1:47 PM

Steel stocks log steady gains in trade on Tuesday

Steel stocks were one of the outperformers in trade so far. The likes of Tata Steel, SAIL and Jindal Steel gained 1-2 per cent in an otherwise slippery market. VIEW MORE

steel
1:40 PM

India defies global slump with a record $82 bn dealmaking spree in Q2

India saw $82.3 billion pending and completed M&A deals in the second quarter, the highest amount on record, according to data compiled by Bloomberg. That’s more than twice as much than the previous record of $38.1 billion in the third quarter of 2019. Globally, M&A volume in the quarter reached $827.6 billion, down 8.7% from the same period in 2021. READ MORE

Deals, mergers,

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First Published: Jun 28 2022 | 8:20 AM IST