Sensex sheds 502 pts, Nifty holds 17,300; Adani group stocks rise up to 5%

CLOSING BELL: The broader indices also outperformed, BSE Midcap and Smallcap indices were down up to 0.2 per cent as against the 0.8 per cent decline on the BSE benchmark.

3:46 PM

Macrotech Developers hits 20% upper circuit on heavy volumes

Despite of four days rally, in the past one month, Macrotech Developers has underperformed market as shares fell 12 per cent, as against 1.4 per cent decline the Sensex. READ MORE

3:44 PM

Adani Group stocks rally up to 5%; SC directs Sebi to probe Adani

The Supreme Court (SC) on Thursday has directed the market regulator SEBI to carry out a detailed probe and submit its findings in two months. The apex court has constituted a expert committee for the probe, which shall be headed by retired judge Justice Sapre. The other committee members are OP Bhatt, KV Kamath, Nandan Nilekani, Somsekhar Sundaresan. READ MORE

3:42 PM

Sector check :: IT stocks drag indices; TCS, Tech M, Infy fall up to 2%

3:40 PM

Sector check :: Nifty Realty defies weak mood led by Lodha

3:38 PM

Broader markets :: Mid, smallcap indices end lower but outshine benchmarks

3:36 PM

Sectoral trends :: All but Realty indices fall in trade

3:35 PM

Sensex Heatmap :: 25 of 30 index constituents end in red; Maruti, Axis top drags

3:33 PM

CLOSING BELL :: Nifty ends below 17,350

3:32 PM

CLOSING BELL :: Sensex ends near day's low

3:23 PM

Reliance, Tata Power bid for India's $2.4 billion solar incentives

The financial assistance is part of PM Modi's aim to turn the nation into a manufacturing powerhouse, creating more jobs in the economy and reducing imports that can drain foreign exchange. READ MORE

3:14 PM

Stock of this SME company has zoomed over 100% in one month

Shares of Taylormade Renewables hit a new high of Rs 163.50 today and have zoomed nearly 900 per cent in the past six months. READ MORE

3:03 PM

Global Check:: US, UK stock futures down up to 0.8%

Source: Investing.com

2:55 PM

News Alert:: Zydus Life gets final USFDA nod for Acyclovir Cream; stock down 1%

Zydus Lifesciences has received final approval from the United States Food and Drug Administration (USFDA) for Acyclovir Cream, 5 per cent. Acyclovir belongs to a class of medications known as antivirals.

 

As per a release issued by the company to the BSE, Acyclovir Cream, 5 per cent had annual sales of $16.9 mn in the United States as of December 2022.

2:46 PM

Airlines step up hiring to drive growth as demand recovers, costs ease

IndiGo to hire 5,000-6,000 employees in FY24; Akasa Air will add 1,000 staff; Air India said it will recruit 5,100 staff including 900 pilots and 4200 trainee crew. READ MORE

2:38 PM

News Alert:: Etihad Airways Engineering partners with Ramco Systems; stock zooms 6%

Ramco Systems informed BSE that Etihad Airways Engineering, one of the world’s leading aircraft maintenance and engineering solutions providers, has partnered with it to implement its Aviation Suite V5.9.