Sensex snaps 7-day winning run, falls 288 pts; RIL slips 1.5%, Nestle 3%

CLOSING BELL: The top drags were Nestle, Bajaj Finserv, HUL, Kotak Bank, RIL, HDFC, Bajaj Finance, Asian Paints, and IndusInd Bank as they fell in the range of 1 per cent to 3 per cent

1:03 PM

Bear market patterns: What investors should know about trend reversal

In the midst of a bear market, which we are undoubtedly in today with every asset class except commodities in the red, it is common for the sell-side commentary to become ultra-bearish. This is exactly what is happening globally. All the mistakes made in the prior bull cycle are now cruelly exposed. READ MORE

12:54 PM

BSE 500:: Top gainers so far

MCX up 8.4 per cent was the top gainer among the BSE 500 stocks so far on Tuesday. It was followed by Rail Vikas, Indraprastha Gas, Latent View and BHEL, up 5-7 per cent.

12:45 PM

IT deals becoming smaller amid rising digital projects, says new report

The terms of a smaller deal can be chosen according to their own personal advantage by the parties in a smaller contract. READ MORE

12:40 PM

RIL: Bulls set eyes on Rs 3,500-mark as stock above support held since 2017

The Reliance stock delivered a whopping five-fold returns since 2017, as the stock scaled its all-time high of Rs 2,847 in June 2022. READ MORE

12:24 PM

Nykaa hits record low; slips below issue price with 15% decline in 1 month

With past one month 15% fall, the market price of Nykaa has tanked 56% from its record high level of Rs 2,574, which it had touched on November 26, 2021. READ MORE

12:15 PM

BSE launches Electronic Gold Receipts for efficient price discovery of gold

Leading stock exchange BSE has launched Electronic Gold Receipt (EGR) on its platform, a move that will help in efficient and transparent price discovery of the yellow metal. READ MORE

11:59 AM

Recovery in rural India, market share key for Colgate-Palmolive growth

Management optimistic about growth as stock valuation stays unchanged for India's largest oral care company. READ MORE

11:45 AM

Centre unlikely to infuse any capital into the PSBs in FY23: Report

Between FY16 and FY21, the government infused Rs 3.3 trillion into PSBs helping the banks in improving their balance sheets and the capital-to-risk-weighted assets ratio (CRAR). READ MORE

11:37 AM

SBI hits record high on hopes of strong Q2 earnings; stock up 11% in 8 days

SBI's core fundamentals continue to be on a strong footing and improvement in systemic growth should drive incremental re-rating for the stock, according to analysts. READ MORE

11:26 AM

PSU Banks steamy in a tepid market; Canara Bank up 3%

11:12 AM

Rupee gains 26 paise against US dollar tracking positive trend in equities

The rupee appreciated 26 paise to 82.62 against the US dollar in early trade on Tuesday tracking a positive trend in domestic equities. READ MORE

11:06 AM

Debt MFs face lower risk, may put up a better show in Samvat 2079

Analysts advice investors to stay away from longer-duration funds yet, or consider a staggered plan. READ MORE

10:54 AM

Opinion | Bear market patterns: What investors should know about trend reversal

In the midst of a bear market, which we are undoubtedly in today with every asset class except commodities in the red, it is common for the sell-side commentary to become ultra-bearish. This is exactly what is happening globally. All the mistakes made in the prior bull cycle are now cruelly exposed. READ MORE

10:40 AM

Samvat 2079: From Ultratech to RIL, stock picks to fire up the new year

The year gone by was a volatile one for markets. This trend could continue in the near term, given the multiple uncertainties related to the Russia-Ukraine stand-off, global and domestic rate-hike cycles, global economic slowdown, and more importantly, staggering inflation. READ MORE

10:29 AM

ICICI Bank gains 2%, hits record high on healthy Q2 results

The bank saw a strong recovery in business trends across segments, while asset quality trends remained steady, with an industry best PCR around 81 per cent. Read more