Sensex snaps 4-day winning run, slips 215 pts ahead of US Fed rate decision

Market Wrap: Bharti Airtel, Maruti, HCL Technologies and Hindustan Unilever were the prominent losers, while ITC and Sun Pharma finished with steady gains.

2:06 PM

BSE 500:: Top losers so far

LIC Housing Finance down 9.5 per cent was the top loser among the BSE 500 stocks. Chambal Fertilizers, Devyani International, Kansai Nerolac and Varroc Engineering were the other significant losers so far.

2:04 PM

ALERT :: Have shelved plan to list SBI Mutual Fund for now, says Dinesh Khara

1:57 PM

ITC hits new high in a subdued market; zooms 63% thus far in 2022

Post Q2 results, most brokerages have either recommended a 'buy' or an 'accumulate' rating on ITC with target prices in the range of Rs 365 to Rs 405. READ MORE

1:48 PM

Karnataka Global Investors Meet | Adani Grp to invest Rs 1 trn in K'taka over the next 7 yrs, says Karan Adani

Karnataka government’s alignment with our nations vision to become the world’s digital hub has produced unprecedented growth in the state. $65 billion worth of IT exports, around a third of our nation’s total is undeniable validation of your state’s and India’s rising growth trajectory, Karan Adani said.

1:47 PM

Q2 results: Firstsource net slips 4.1% to Rs 129.40 crore; stock up 1%

Firstsource Solutions today reported 4.1 per cent fall in Q2FY23 net profit at Rs 129.40 crore from Rs 135 crore in Q2FY22. Total income, however, was up 7.6 per cent YoY at Rs 1,537.60 crore.

1:43 PM

Karnataka Global Investors Meet | Indian economy won't be threatened by external developments, says FM

>> India an island amid challenging global develoments

>> India has challeneges but not as severe as others

1:37 PM

ALERT :: Government mulls infusing Rs 2,000 cr in IFCI, merge the company with unit, reports Bloomberg

1:31 PM

Global Check:: Asian Markets mixed ahead of US FOMC meet outcome tonight

Source: Yahoo Finance

1:24 PM

FM at Karnataka Global Investors Meet: Ensures the investment community of support from state and central govt

1:17 PM

Oil prices rise on demand optimism after US crude stocks drawdown

Oil prices rose more than 1% on Wednesday after industry data showed a surprise drop in U.S. crude inventories, suggesting demand is holding up despite steep interest rate hikes dampening global growth. READ MORE

1:09 PM

BSE 500:: Top gainers so far

Vakrangee up 9 per cent was the top gainer among the BSE 500 stocks so far on Wednesday. It was followed by Mazagon Dock, Alembic Pharma, Cholamandalam Investment and Fine Organic, up 5 - 7 per cent each.

12:55 PM

LIC, Indiabulls Housing Finance struggle on charts; HDFC eyes Rs 2,700-mark

Shares of LIC Housing Finance today slipped below the 200-WMA after falling over 10 per cent. Now, four out of five leading housing finance stocks are trading below the 200-WMA..Read here

12:42 PM

JUST IN | Bharti Airtel surpasses 1 mn customers on it 5G network

>> The company said it has achieved this milestone in less than 30 days of its commercial launch.

 

12:30 PM

Rupee falls 12 paise against dollar amid muted trend in domestic equities

At the interbank foreign exchange, the domestic unit opened at 82.64 against the dollar, then lost further ground to quote at 82.71, registering a loss of 12 paise over its previous close. Read here

12:20 PM

Cochin Shipyard, Mazagon Dock soar up to 8% on hopes of strong Q2 results

Thus far in FY23, MDL (up 277%), GRSE (201%) and Cochin Shipyard (185%) have seen their market price appreciated more than 100%, as against nearly 4% rise in Sensex. Read here