Sensex drops 671pts, Nifty nears 17,400 in broad sell-off; bank stocks tank

CLOSING BELL: The Nifty PSU Bank index declined 2.2 per cent, while the Nifty Bank and Private Bank indices fell 1.8 per cent each

3:40 PM

Weakness seen across market breadth; India VIX jumps 5%

3:39 PM

Nifty 50 Losers:: Adani Enterprises, HDFC Bank, Apollo Hospitals, HDFC slip up to 3%

3:37 PM

Nifty 50 Gainers:: Tata Motors, NTPC among notable movers

3:36 PM

Sensex 30 Heatmap:: 9 Gainers v/s 21 Losers

3:35 PM

CLOSING BELL:: NSE Nifty50 declines 177 points, settles at 17,413

3:33 PM

CLOSING BELL:: S&P BSE Sensex ends 671 points lower at 59,135

3:24 PM

Tata Tech IPO: After 2 decades a Tata group firm will test public markets

Tata Motors subsidiary Tata Technologies is heading for an initial public offering (IPO), almost two decades after IT bellwether Tata Consultancy Services became the last Tata group firm to test Indian public markets in 2004. READ MORE

3:16 PM

Global Check:: US stock futures down up to 0.5% ahead of jobs data; UK decline nearly 2%

Source: Investing.com

3:10 PM

ALERT :: HUL Board appoints Rohit Jawa as MD & CEO for 5 years

>> Appointment effective from June 27, 2023

3:05 PM

Stock of this shipping company has zoomed 32% in two days

Seamec has entered into a subcontract with its consortium partner in Pipeline Replacement Project (PRPVII) for subsea installation works of ONGC on unit rate basis. READ MORE

2:56 PM

Marksans Pharma gets USFDA nod for generic version of Famotidine tablets

Marksans Pharma Ltd on Friday said it has received final approval from the US health regulator for its generic version of Famotidine tablets indicated for the treatment of acid indigestion. READ MORE

2:48 PM

No SVB-like scenario in India; banks are on a strong footing, say analysts

The sell-off in the banking pack, analysts said, was a knee-jerk reaction to the developments with US-based Silicon Valley Bank (SVB) that announced a share sale to shore up its finances. READ MORE

2:37 PM

BSE 500:: Equitas SFB, Shilpa Medicare, Canara Bank among top losers

Equitas Small Finance Bank down 8 per cent was the top loser among the BSE 500 stocks. Shilpa Medicare, Polycab India, Sonata Software and Canara Bank down 4 - 6 per cent each were the other major losers so far on Friday.

2:25 PM

Why does India not have its own Warren Buffet?

SEBI is mulling on allowing permanent capital vehicles or PCVs in India. Unlike regular private equity and venture capital funds, which have a limited life cycle, PCV can last in perpetuity. VIDEO

2:17 PM

ALERT :: Moody's downgrades Vedanta; stock slips 3%