Covid-19, growth concerns push Sensex 635 pts down, Nifty below 18,200

CLOSING BELL: The Pharma index advanced over 2 per cent today as diagnostics and healthcare firms climbed amid rising Covid-19 cases globally

3:33 PM

CLOSING BELL: Sensex eases from day's low; closes 635 points lower

3:27 PM

BS BFSI Summit LIVE: Both PSBs and pvt banks have to play key role towards $5 trn economy, says Axis bank CEO

A lot of public sector banks are already very aggressive, says Amitabh Chaudhry

 

3:25 PM

Elections not a factor for monetary policy: RBI governor at BFSI Summit

The Lok Sabha elections in 2024 are not a consideration when it comes to monetary policymaking, said Reserve Bank of India governor Shaktikanta Das to underscore the central bank’s commitment to controlling inflation. Read more

3:12 PM

Maruti Suzuki slips 3%, hits over 5-month low

Currently, Maruti trades at its lowest level since June 24, 2022. In the past three months, the stock has shed 10 per cent, as compared to 3 per cent rise in the S&P BSE Sensex. Further, in the past six months, the stock has gained 7 per cent, as against 17 per cent rally in the benchmark index. It has corrected 15 per cent from its 52-week high of Rs 9,769, touched on October 31. READ MORE

3:02 PM

Global Check:: US, UK stock futures up smartly

Source: Investing.com

2:53 PM

Ease in margins seen from Q4 for dairy cos; stay stock selective: Analysts

Dairy stocks: Analysts see the benefits of price hikes to begin accruing from the March quarter onwards, while the financial year 2023-24 (FY24) will be a steady year for the industry's margins. READ MORE

2:44 PM

Market Check:: Sensex off lows, down 375 points

2:36 PM

WATCH VIDEO:: Is the worst over for oil marketing companies?

The ease in prices has prompted the govt to slash windfall tax on crude refiners. Does this mean, oil-linked stocks are finally worth investors’ money? What should be your investment strategy? READ MORE

2:25 PM

BFSI Summit: Credit-deposit gap seems divergent due to base, says RBI guv

The wide gap between credit and deposit growth is because of their respective bases and both reflect the fundamentals of the Indian economy, Reserve Bank of India’s governor Shaktikanta Das said at the Business Standard BFSI Insight Summit on Wednesday. READ MORE

2:16 PM

Market Check:: Financial shares among top losers in intra-day deals

2:07 PM

SECTOR ALERT:: Insurance related shares take a knock amid Covid scare

1:58 PM

Sharp Fall:: Adani Enterprises tanks nearly 5%; stock had hit new high in early deals

1:51 PM

BSE 500:: Suzlon, GIC, New India Assurance among top losers

Suzlon Energy down nearly 10 per cent was the top loser among the BSE 500 stocks. General Insurance Corporation of India, New India Assurance, HUDCO and Ircon International, down 6 - 7 per cent each were the other major losers so far on Wednesday.

1:44 PM

ALERT:: RO Jewels board to meet on Dec 29 to consider bonus or stock split

1:36 PM

Finolex Industries hits over 10-month high; surges 8% on heavy volumes

Shares of Finolex Industries hit over 10-month high of Rs 190.95 as they rallied 8 per cent on the BSE in Wednesday's intra-day trade, in an otherwise subdued market, amid heavy volumes. The stock of the plastic products company was trading at its highest level since January 25, 2022. In comparison, the S&P BSE Sensex was down 0.61 per cent at 61,324 at 12:57 PM. READ MORE