Sensex tanks 1,017 pts; Nifty holds 16,200; Bajaj Finance sinks 4%, RIL 3%

Stock market highlights: Over 35 Nifty stocks ended the session in the red with Bajaj Finance, HDFC, Kotak Bank, Hindalco, Wipro, Reliance Industries, Tech M, and Infosys falling between 2.5-4%

9:32 AM

LIC slides to new low as anchor lock-in ends

9:28 AM

Wipro, Tech Mahindra, Hindalco top Nifty50 losers

9:25 AM

Nifty50 top gainers: Tata Consumer, Bajaj Auto, Power Grid

9:24 AM

Broader markets trade tepid; India Vix moves in green

9:23 AM

All sectors bleed; Metal stocks lose shine

9:19 AM

Opening bell: Only 2 out of 30 Sensex stocks open positively

9:18 AM

Opening bell: Sensex skids over 600 points

9:17 AM

Opening bell: Nifty50 opens below 16,350 levels

9:09 AM

Pre-open session: Only 1 Sensex counter manages to move in green

9:07 AM

Pre-open session: Over 550 points downfall for Sensex

9:04 AM

Pre-open session: Nifty50 sinks below 16,250 levels

9:02 AM

Currency at open: Rupee opens 2 paise weaker at 77.79/$

9:00 AM

Top stocks on radar: RIL, Bajaj Auto, HDFC, LIC, TVS Motor, IIFL Finance, HFCL

LIC, Prudent Advisory: The compulsory lock-in period for anchor investors in some of the recent listing will be coming to end in June. Early next week on Monday, the anchor investment period for LIC ends followed by Prudent Advisory on June 17. Thereafter, others in queue are Delhivery, Venus Pipeps etc. 

 

Bajaj Auto: The two-wheeler manufacturer has scheduled its Board meet on June 14 to consider a proposal for share buyback. The company last went for such a move in 2000, when shareholders approved the buyback of up to 18 million equity shares at a price of Rs 400 each. Read more

8:58 AM

F&O Strategy: Nandish Shah recommends going long on M&M Finance

The technical analyst from HDFC Securities recommends buying M&M Finance June future with a stop at Rs 183 for a target of Rs 194. Read here

8:55 AM

DIIs hold ground: Bought shares worth Rs 1,625 crores Thursday