Sensex tanks 461 pts, Nifty below 18,300 amid global rout; all sectors fall

CLOSING BELL: Among sectors, the Nifty PSU Bank index sunk the most, down nearly 3 per cent. This was followd by losses in the Nifty Realty, Pharma, and Media indices, down over 1 per cent each

3:37 PM

CLOSING BELL :: Nifty gives up 18,300

3:36 PM

CLOSING BELL :: Sensex drops over 400 pts as global markets falter

3:26 PM

Three-fold growth in index fund AUM in 2022, ETF assets cross Rs 5 trn

Passive funds defied market slowdown and poor debt fund outlook to rise briskly in 2022. The assets under management (AUM) of passive funds increased 41 per cent to Rs 6.5 trillion by November, as the overall AUM of the industry grew just 7 per cent in the eleven-month period. READ MORE

3:20 PM

Global Check:: Dow futures down 340 points; S&P 500, Nasdaq down 1%

Source: Investing.com

3:14 PM

Brokerages positive on Godrej Consumer on growth recovery, lower costs

After underperforming its peer index, the BSE FMCG, since the start of the year, the stock of Godrej Consumer Products (GCPL) has recovered and bridged the gap over the past month. The maker of household insecticides (HI) and soaps has given monthly returns of about 7 per cent, about twice the 3.4 per cent delivered by the S&P BSE FMCG index during this period. READ MORE

3:07 PM

BSE 500:: GMM Pfaudler, Deepak Fertilizers, EPL among volume shockers today

GMM Pfaudler has witnessed unusally high volume of around 20.46 lakh shares so far on the BSE as against its five-day average volume of around 8,500-odd shares. Similarly, Deepak Fertilizers, EPL, Johnson Controls Hitachi and Krishna Institute of Medical Sciences were among the other volume toppers on Friday.

2:59 PM

As Infosys turns 40, what may be its future challenges?

IT major Infosys marked its four decades in business on Wednesday. While the founders spoke about the future course of the company, what are the challenges it needs to address in the next 10 years? LISTEN PODCAST

2:52 PM

Budget this year to follow spirit of earlier ones, says FM Sitharaman

FM Nirmala Sitharaman indicated that her forthcoming Budget will continue to push growth on the back of public spending as she said it will "follow the spirit" of earlier Budgets. READ MORE

2:42 PM

Mahindra CIE surges 16% in two days, hits 52-week high in weak market

India is projected to be one of the fastest growing large economies in the world and CIE Automotive's global strategy continues to focus on India as a key market, the company said. READ MORE

2:38 PM

ALERT :: Markets weaken as Russia launches another major missile attack on Ukraine

Ukrainian authorities reported explosions in at least three cities Friday, saying Russia has launched a major missile attack on energy facilities and infrastructure.

 

Local authorities on social media reported explosions in the capital, Kyiv, southern Kryvyi Rih and northeastern Kharkiv as air raid alarms sounded across the country, warning of a new barrage of the Russian strikes that have occurred intermittently since mid-October.

Source: AP

2:32 PM

BSE 500:: GMM Pfaudler, PNB Housing, Union Bank among top losers

GMM Pfaudler down nearly 16 per cent was the top loser among the BSE 500 stocks. Polycab India, PNB Housing, Union Bank and Punjab & Sind Bank, down 5 - 6.5 per cent each were the other major losers so far on Friday.

2:21 PM

NEWS ALERT: AU Small Finance inks pact with HDFC Life for bancassurance

AU Small Finance Bank has entered into a corporate agency arrangement for soliciting insurance plans of HDFC Life through the bancassurance business model.

2:12 PM

Global Check:: Nikkei down nearly 2%; select Asian markets recoup losses

Source: Yahoo Finance

2:00 PM

BSE 500:: EPL, Kalyan Jewellers, Shree Renuka among top gainers

EPL up over 12 per cent was the top gainer among the BSE 500 stocks so far on Friday. It was followed by Kalyan Jewellers, Krishna Institute of Medical Science, Strelite Technologies and Shree Renuka Sugar, up 5 - 6 per cent each.

1:48 PM

Indian tech industry hired nearly 380,000 freshers in FY22: Nasscom report

Indian tech industry hired around 380,000 freshers in FY22 and over 70 per cent of Gen Z students are keen to take up tech jobs in the near future, a Nasscom report said on Friday. READ MORE