Sensex ends choppy day 130pts up ahead of inflation data; Nifty below 17700

CLOSING BELL: Among sectors, the Nifty IT and Pharma indices fell 1.15 per cent each, while the Nifty Oil and Gas index rose over 2 per cent

3:14 PM

BSE 500:: Volume Shockers

Shri City Union has witnessed unusually high volume of around 9.64 lakh shares so far on the BSE as against its five-day average volume of around 2,000-odd shares. Similarly, AU Small Finance Bank, KSB, Divi's Lab and Prism Johnson have also witnessed a significant spike in volume on Friday.

3:03 PM

US weekly jobless claims rise to 262,000, highest since Nov 2021

Initial jobless claims in the US last week rose to 262,000, hitting a new high since November 2021, the US Labour Department reported. READ MORE

2:56 PM

Media stocks on a slippery slope: Inox, PVR down 2%

2:50 PM

US equity futures edge higher: Dow Futures up 150 points

2:40 PM

Steel stocks shine in trade: SAIL, Tata Steel gain over 3%

2:35 PM

COMMENT | Can buy IRCTC at current level; medium-term target Rs 820

IRCTC posted a 196 per cent surge in its net profit to Rs 246 crore in Q1 FY23. It reported a net profit of Rs 82.5 crore in the year-ago period (Q1 FY22).

The stock looks weak and technically investors can expect some short move on the upside. They can accumulate at current levels with long term view.

Views by Manoj Dalmia, founder and director, Proficient Equities 

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Margin has been under pressure, while revenue has increased significantly. So, in the medium term, stock looks promising for a target of Rs 820, with stop loss at Rs 719.

Views by Ravi Singhal, CEO, GCL Securities

2:25 PM

Balaji Speciality Chemicals files papers with Sebi to raise funds via IPO

Balaji Speciality Chemicals has filed preliminary with capital markets regulator Sebi to raise funds through an initial public offering (IPO). READ MORE

2:18 PM

US weekly jobless claims rise to 262,000, highest since Nov 2021

Initial jobless claims in the US last week rose to 262,000, hitting a new high since November 2021, the US Labour Department reported. Read here

2:10 PM

European markets inch higher in trade

2:00 PM

July auto sales rise 10% YoY as chip availability improves: SIAM

Market for entry-level passenger cars, two-wheelers and three-wheelers yet to recover. READ MORE

1:53 PM

Passenger vehicle dispatches rise 11% in July as chip situation improves

The passenger vehicle dispatches to dealers increased by 11 in July as improvement in semiconductor supplies helped the companies to ramp up production ahead of the festive season, SIAM said. READ MORE

1:45 PM

Dabur's chairman Amit Burman resigns, will remain non-executive director

Saket Burman has been appointed as the non-executive vice chairman of the board of directors with effect from August 11 for a period of 5 years. Read more

1:35 PM

Apollo Hospitals declines 3% after 35% yearly drop in net profit in Q1

1:30 PM

Metal stocks shine in trade: SAIL, Tata Steel gains 3%

1:22 PM

Paint stocks trade mixed as crude remains below $100 per barrel