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Sensex snaps 3-day winning run, falls 542 pts; Nifty gives up 17,600

CLOSING BELL: M&M (down 3 per cent), RIL (down over 2 per cent), Bajaj Finserv, ICICI Bank, Maruti Suzuki, Tata Motors, Tech M, Bajaj Finance, TCS, ITC, Titan, and SBI were the top Sensex laggards

Image SI Reporter New Delhi
Sensex snaps 3-day winning run, falls 542 pts; Nifty gives up 17,600

10:05 AM

CLOSING BELL:: S&P BSE Sensex snaps 3-day winning streak; ends 542 points lower at 59,806

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9:53 AM

Global Check:: US, UK stock futures down up to 0.7%

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Source: Investing.com

9:43 AM

TCS on the verge of closing deals worth $1 billion with Marks & Spencer

In addition to this, TCS is also working towards renewing their existing five-year engagement with the UK-headquartered company. READ MORE

Tata consultancy services, TCS

9:36 AM

How to approach IT stocks amid tighter monetary policy, recession fears?

According to Jefferies, analysts' consensus revenue growth estimates for CY24 have been lowered for top clients of all IT firms, barring Wipro, with the highest cuts for HCL Tech and Tech Mahindra. READ MORE

TCS, Wipro, Infosys, IT Companies

9:25 AM

Q3 GDP numbers: Taking a look at some high-frequency indicators

The govt contends that Q3 GDP will be revised upwards. Many experts believe rural economic growth is still slow. Data shows both could be right. READ MORE

Economic growth, GDP
9:16 AM

BSE 500:: Home First Finance, Aptus Value, Adani Enterprises among top losers

Home First Finance down 8 per cent was the top loser among the BSE 500 stocks. Aptus Value Housing, Adani Enterprises, Tata Teleservices and Shree Renuka Sugar down 4 - 6 per cent each were the other major losers so far on Thursday. VIEW MORE

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9:05 AM

Aptus Value down 13% in 2 days as it denies merger talks with Cholamandalam

On Monday, the stock price of Aptus had zoomed 19 per cent on report that Cholamandalam Investment and Finance was looking to buy controlling stake in the company. READ MORE

stocks, shares, market, sensex, nifty, BSE, INVESTORS, BROKERS

8:56 AM

Treasury yield curve inverts: What it means and what does it signal?

Yield curve inversion suggests that the market is becoming more pessimistic about the economic prospects for the near future. READ MORE

Bond yields likely to climb more

8:47 AM

Global Check:: Nikkei gains in sluggish Asian trade

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Source: Yahoo Finance

8:38 AM

Difference between investment rate in nominal and real terms widening

The difference between the real and nominal GFCF rates was five percentage points. The difference stood at over 5% in the previous two quarters of the current financial year. READ MORE

funds, investments, market, investors, tax, filing

8:27 AM

Sebi puts restrictions on cos opting share buyback via stock exchange route

Capital markets regulator Sebi on Wednesday imposed restrictions on the placement of bids, price and volume for the companies undertaking share buyback through the stock exchange route. READ MORE

Sebi

8:16 AM

Stock of this electric bus manufacture has zoomed 68% in 10 trading days

In the past three trading days, Olectra Greentech has rallied 24% after EVEY received two Letter of Awards from the Telangana State Road Transport Corporation for 550 Electric Buses. READ MORE

bull, markets, shares, stocks, bse, growth, sensex, nse

8:05 AM

RBI possibly buying dollars in spot, paying forwards via PSBs: Traders

The Reserve Bank of India (RBI) was possibly buying dollars in spot and paying in forwards via public sector banks on Thursday to mop up foreign currency inflows, three traders told Reuters. READ MORE

Photo: Bloomberg
7:53 AM

News Alert:: HFCL collaborates with Microsoft to roll out Private 5G solutions

The company informed BSE, that it has entered into Partner Network Agreement with Microsoft to create converged private 5G solutions that harness new-age
technologies of IoT, Cloud, Edge Computing, AI and Analytics to transform industry verticals that include manufacturing, retail & warehouse, mining, education, defence, railways, smart city, etc.

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7:42 AM

BSE 500:: Shilpa Medicare, Privi Speciality, Adani Group among top gainers

Shilpa Medicare up 12 per cent was the top gainer among the BSE 500 stocks so far on Thursday. It was followed by Privi Speciality, Adani Green, Adani Total Gas and Adani Transmission, up 5 per cent each. VIEW MORE

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First Published: Mar 09 2023 | 8:09 AM IST