Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%

CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each

9:00 AM

Here's why Mehul Kothari recommends buying Wipro, Cummins on dips

According to the technical analyst from Anand Rathi, Cummins India can rally to Rs 1,400 on the upside, while Wipro can target Rs 450. Read more

8:58 AM

F&O Strategy: Nandish Shah recommends a Bull Spread on L&T for July expiry

The technical analyst from HDFC Securities recommends buying L&T 1700 Call and simultaneously selling 1800 Call of the July expiry. Read more

8:56 AM

Correlation between India and US markets hits 17-month high, shows data

India's blue-chip gauge gained nearly 5 per cent this month, compared to 4.6 per cent for the S&P 500 and 0.33 per cent for the MSCI Asia Pacific measure. Read more

8:53 AM

DIIs on weak footing: Sell Rs 312 crores of shares Thursday

8:50 AM

FPIs buy for 4th day: Buy Rs 1,799 crores of shares Thursday

8:47 AM

Amid rising investor interest, Sebi mulls regulating online bond platforms

The consultation paper has proposed regulations to address the risks flagged by the regulator. Read here

8:44 AM

RBI reschedules next MPC meet to Aug 3-5 due to 'administrative exigencies'

The last time an MPC meet was rescheduled was in February 2022 after the demise of renowned singer Lata Mangeshkar. Read here

8:41 AM

WATCH: Will RIL Q1 numbers spring a surprise?

Shares of Reliance are at crossroads. The govt slashed windfall tax on fuel exports. And Singapore Gross Refining Margins are down to about $4 a barrel. This may fade RIL’s abnormal profits in Q1FY23. Watch

8:38 AM

Rupee gains 3 paise to close at 79.95/$ Thursday

source: bloomberg

8:36 AM

Markets heading for a quiet start Friday

 

8:34 AM

Brent Crude trades at $105/bbl, WTI crude below $100

source: oilprice.com

8:32 AM

US equity futures trade with cuts after positive close on Wall St

 

8:30 AM

Global update: Japan core consumer inflation in June rises 2.2% from last year

8:28 AM

Most Asian markets rise in early deals

source: finance.yahoo.com

8:26 AM

ECB Lagarde expects inflation to be sticky for some time; plays down recession fear

*LAGARDE SAYS WE EXPECT INFLATION TO BE UNDESRIBALY HIGH FOR SOME TIME

*LAGARDE SAYS BASELINE SCENARIO IS NO RECESSION THIS YEAR OR NEXT YEAR