Sensex jumps 224 pts on late buying, Nifty nears 18,200; SBI, Airtel shine

CLOSING BELL: The S&P BSE Sensex gained 732 points from the day's low, while the Nifty 50 jumped 218 points in intra-day trades, partly on account of short-covering owing to the monthly F&O expiry.

1:13 PM

Indian crypto exchanges stay put in business after 'a year to forget'

The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. READ MORE

1:04 PM

India's billionaire club shrinks to 120, Gautam Adani tops rich list

In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago. READ MORE

12:55 PM

BSE 500:: Jindal Stainless duo, Aegis Logistics among top gainers

Jindal Stainless up over 10 per cent was the top gainer among the BSE 500 stocks so far on Thursday. It was followed by Jindal Stainless Hisar, Aegis Logistics, Rail Vikas Nigam and KIOCL, up 3 - 7 per cent each.

12:46 PM

BS Exclusive: Q&A with Soma Sankara Prasad, MD & CEO, UCO Bank

In an exclusive chat with Manojit Saha, Soma Sankara Prasad, MD & CEO of UCO Bank discusses credit growth and the bank's prospects in the coming year. WATCH VIDEO

12:38 PM

Rupee rangebound as dollar sales by exporters help in risk-averse market

The rupee was at 82.78 per dollar by 10:05 a.m. IST, having firmed up to 82.75. The currency closed at 82.8575 on Wednesday. READ MORE

12:31 PM

Stock of this sugar company has zoomed 100% in less than 3 months

At 11:47 AM; Ponni Sugars (Erode) traded 7.5 per cent higher at Rs 462.65, as against 0.45 per cent decline in the S&P BSE Sensex. READ MORE

12:15 PM

NPS guaranteed return product to have floating rates, reset every year

A minimum assured return scheme (MARS) in the new pension system (NPS) would have a floating rate which would reset every year under the proposed new product to be launched by the pension regulator early next financial year. Read more

12:02 PM

FMCG stocks battered in trade: HUL, Tata Consumer slip over 1% each

11:45 AM

Nifty Media slips 1%, losses led by PVR, Inox Leisure

11:34 AM

Ashoka Buildcon gains 4% on securing orders worth Rs 755 cr

The company was awarded projects worth Rs 754.60 crore from the Madhya Pradesh PoorvKshetra Vidyut Vitaran company for supply, installation, testing and commissioning of new 11 KV lines in Balaghat. READ MORE

11:15 AM

US officially records over 100 million Covid-19 cases, shows CDC data

Experts said the actual number is much higher as people testing at home do not relay their results to public health departments, and many people do not do tests any more. READ MORE

11:00 AM

Sensex, Nifty set to gain for seventh straight year; smallcaps underperform

The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance. Read here

10:45 AM

Global slowdown, Union Budget: 5 factors that will guide markets in 2023

Analysts expect the Indian equity markets to consolidate over the next few months, as they fully digest the negatives of rich valuations, rising interest rates amid growth headwinds. Read more

10:33 AM

KFin Technologies makes listless debut; slips over 2% from issue price

Shares of KFin Technologies (KFIN) made a listless debut on Thursday, with the stock listed at Rs 369, up 1 per cent against its issue price of Rs 366 per share on the BSE. The stock opened at Rs 367, almost at par on the National Stock Exchange (NSE). Read more

10:23 AM

Shriram Finance slips 7% as additional 174 mn shares get listed on bourses

Shares of Shriram Finance (SFL; erstwhile Shriram Transport Finance Company Limited [STFCL]) slipped 7 per cent to Rs 1,294 on the BSE in Thursday’s intra-day trade after listing of additional 174 million equity shares of the company allotted pursuant to composite scheme of arrangement and amalgamation (scheme) involving various Shriram group entities. In comparison, the S&P BSE Sensex was down 0.65 per cent at 60,514 at 09:46 AM. Read here