ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip

CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent

12:54 PM

Ahead of Q1 results: Sell-off in IT stocks not over yet; TCS can fall 14%

Shares of major IT stocks are trading near key support levels, if that breaks a severe downside seems imminent, indicate charts. READ MORE

12:48 PM

Near-term growth & margin worries for EMS players Dixon and Amber

The stocks of electronic manufacturing service (EMS) players such as Dixon Technologies (Dixon) and Amber Enterprises (Amber) have seen a sharper correction than the broader markets and benchmarks, shedding 18-37 per cent since the start of May. READ ANALYSIS

12:39 PM

Research-linked incentive scheme in works for pharmaceutical industry

The Centre may announce a Research-linked incentive (RLI) scheme for the Indian pharmaceutical industry to raise contribution to research and development and move up the value chain of innovation, sources close to the development said. READ MORE

12:28 PM

India to drop windfall tax if oil prices fall $40 a barrel: Revenue Secy

The windfall tax on firms that have increased product exports to gain from higher overseas margins took effect on July 1, as the government moves to boost domestic supply and revenue. READ MORE

12:19 PM

Asian Markets Update:: A mixed outing

Source: Yahoo Finance

12:11 PM

BSE 500:: Top losers so far

JSW Steel and TVS Motor have slipped nearly 5 per cent each and were the top losers among the BSE 500 stocks. ONGC, Aptus Value Housing and Oil India were few of the other significant losers.

12:04 PM

Direct retail inflows seen declining as weakness in market weighs on sentiment

During the March 2022 quarter, net retail flows stood at Rs 49,700 crore, data provided by the exchange shows. READ MORE

11:56 AM

Sensex 30 Heatmap:: ITC rallies 2%; Tata Steel slips 3%

11:49 AM

S&P BSE Sensex exhibits choppy movement, up 80 points

11:41 AM

BSE 500:: Top gainers so far

Dilip Buildcon has soared 7 per cent and was the top gainer among the BSE 500 stocks. IDFC First Bank, Jubilant Ingrevia, Linde India and Brightcom Group were few of the other major gainers so far on Monday.

11:34 AM

Angel One spurts 4% after client base soars 97% YoY in June

11:26 AM

Markets unlikely to bottom out soon amid recession fears: Nomura

As regards valuations, Nomura believes stocks have largely (if not fully) priced in expectations of higher policy/discount rates. They expect the markets to remain choppy in the near-term. READ HERE

11:17 AM

PSU Banks in demand; BoB, PSB gain 2%

11:08 AM

Automotive Axles surges 8%, hits record high on healthy business outlook

The company is a beneficiary of the current cyclical recovery in the domestic commercial vehicle space, especially the medium & heavy commercial vehicle (M&HCV) domain. READ HERE

10:55 AM

Steel stocks lose shine post special tax levied on export of steel