Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%

CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries

1:22 PM

Morgan Stanley cuts India's FY23 GDP forecast to 7.2%

It sees downside risks emanating from a weaker than expected global growth trend, supply-side-driven commodity price shock and faster than warranted tightening of financial conditions. READ MORE

1:13 PM

Monsoon Session :: Cryptocurrency should be prohibited as per RBI, FM tells Lok Sabha

>> Cryptos became popular due to "rumours of high returns"

>> Only govt, RBI should be allowed to issue currency

1:12 PM

Monsoon Session :: Cryptocurrency poses risk to Indian economy as per RBI, FM tells Lok Sabha

>> As per RBI, cryptocurrencies aren't currencies

1:11 PM

Asian Markets Update:: Hang Seng, Shanghai, Kospi gain the most

Source: Yahoo Finance

1:03 PM

S&P BSE Sensex 30 Heatmap:: IT stocks shine led by Infosys; HDFC twins sag

12:56 PM

BSE 500:: Top losers so far

Zydus Lifescience and Laurus Labs has slipped over 3 per cent each and were the major losers among the BSE 500 stocks so far. They were followed by EPL, FDC and CEAT.

12:48 PM

L&T gains 3% as realty arm signs 3 projects worth $1 billion in MMR

L&T Realty has entered into a binding agreement to jointly develop projects in South Mumbai, Western Suburbs and Thane worth Rs 8,000 crore, with development potential of 4.4 million square feet. READ MORE

12:41 PM

Q1 impact: Mindtree eyeing 23% upside; HDFC Bank faces hurdle, charts show

Shares of Mindtree seem fairly placed and can rally up to 23 per cent, while ACC, HDFC Bank and ICICI Prudential Life need to conquer key levels for a fresh rally to emerge. READ MORE

12:34 PM

BSE 500:: Top gainers so far

Tanla Platforms has zoomed 7.7 per cent and was the top gainer among the BSE 500 stocks so far on Monday. Affle India, Rallis India, Voltas and Vardhman Textile were few of the other major gainers.

12:29 PM

Global update :: New Zealand inflation hits highest level since 1990

*NEW ZEALAND INFLATION RISES 7.3% Y/Y IN JUNE, HIGHEST SINCE 1990

12:23 PM

MARKET CHECK :: PB Fintech hits all-time low in a strong market

12:14 PM

Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts

Hindustan Zinc (HZL), a subsidiary of Vedanta, announced an interim dividend of Rs 21 per share last week, resulting in an outflow of Rs 8,863 crore. The announcement has turned the spotlight on India Inc’s dividend-paying policy - more so for reasons driving the generosit READ MORE

12:04 PM

MARKET CHECK :: Adani Enterprises, BEL hit record highs

>> Others from the BSE500 universe included Blue Dart, Siemens, Schaeffler India 

11:55 AM

ALERT :: Delhi HC dismisses PIL seeking a stoppage of SpiceJet ops, citing safety concerns

 >> The aviation sector has a strong regulatory mechanism under Aircraft act, can't stall operations of an airline based on allegations in PIL, Delhi HC says
 

11:47 AM

Nifty Financial Services sees steady growth, shows data

Fin Nifty ADTV is still a fraction of the flagship Nifty and Bank Nifty indices, which have clocked an ADTV of Rs 40,000 crore this year. READ MORE