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.

2:30 PM

Asia's richest man Mukesh Ambani to foray into genome testing with $145 kit

The project to bring affordable personal gene-mapping to India's 1.4 bn people, will potentially create a treasure trove of biological data that can aid drug development and disease prevention. READ MORE

2:23 PM

Lumax Auto extends fall to 3rd day, slips 5% despite issuing clarification

The company said it has received information that certain entities are circulating unsolicited / unauthorised SMS / Whatsapp messages regarding the shares / securities of the Company. READ MORE

2:12 PM

News Alert: Kilburn Engineering wins Rs 82.74 cr order; stock jumps 5%

 

Kilburn Engineering informed BSE that it won multiple orders totalling Rs 82.74 crore.

 

2:03 PM

NCLAT allows another round of bidding for bankrupt firm Reliance Capital

Torrent has moved the court appealing to stop the second round of auction after its offer of Rs 8,640 crore has emerged as the highest bid for the company. READ MORE

1:53 PM

SC order on Hindenburg issue: Truth will prevail, says Gautam Adani

Adani tweeted: "The Adani Group welcomes the order of the Hon'ble Supreme Court. It will bring finality in a time bound manner. Truth will prevail". READ MORE

1:44 PM

BSE 500:: Triveni Turbine, Rajesh Exports, Siemens among top losers

Triveni Turbine down nearly 7 per cent was the top loser among the BSE 500 stocks. Rajesh Exports, PB Fintech, Siemens and KEI Industries, down 3 - 4 per cent each were the other notable losers so far on Thursday.

1:31 PM

Q3 GDP growth seems tepid only due to revisions made in earlier years: CEA

Comparing a data point that has been revised 3-4 times with another that is still called 'advanced estimate' isn't a cases if apples-to-apples but of apples-to-oranges, says V Anantha Nageswaran. READ MORE

1:21 PM

Axis Bank-Citi deal: Synergies seen FY25 onwards on deposit, AUM attrition

With a double-digit attrition in Citi's deposits and wealth asset under management (AUM), since the announcement of the merger, analysts expect Axis Bank seeing merger synergies playing out only by the second half of financial year 2024-25 (H2FY25). READ MORE

1:10 PM

Global Check:: Straits Times, Hang Seng slip in listless Asia trade

Source: Yahoo Finance

12:59 PM

What is passive fund?

Sebi has given Bajaj Finserv the license for starting its mutual fund business. It will offer a range of mutual fund products both in the active and passive segments. But what is a passive fund? VIDEO

12:50 PM

Adani-Hindenburg row: SC forms 5-member committee headed by retired judge

The committee will consist of OP Bhatt, Justice JP Devadhar (retired), Nandan Nilakeni, KV Kamath, and Somasekharan Sundaresan as members, and former SC Judge AM Sapre will head the committee. READ MORE

12:41 PM

BSE 500:: Rail Vikas, Lodha, GE Shipping among top gainers

Rail Vikas Nigam (RVNL) up 13.7 per cent was the top gainer among the BSE 500 stocks so far on Thursday. It was followed by Macrotech Developers (Lodha), Easy Trip Planners, GE Shipping and IRFC, up 5 - 11 per cent each.

12:30 PM

Sunteck Realty leases commercial space to Upgrad, to make Rs 2,000 cr

12:17 PM

Ganesh Benzoplast receives arbitration award in its favor in Arbitration Matter with Mormugao Port Trust

12:00 PM

Is Nifty Bank forming a short-term bottom and ready to breakout over 42K?

Now, if the Bank index succeeds to close over 41,000 mark, which is right above its 21-DMA, the short-term upside may poised to rally further breaking major hurdle of 42,000 level, as per the index price analysis. READ MORE