Sensex snaps 5-day winning run, dips 335pts; Vi jumps 20%, Adani Ports 8.5%

CLOSING BELL: Among sectors, the Nifty Metal index fell 2.2 per cent, followed by the Nifty IT index (down 0.6 per cent), and the Nifty Bank index (down 0.3 per cent)

3:42 PM

Nifty 50:: Divi's Lab, JSW Steel among notable losers

3:40 PM

Nifty 50:: Adani Ports lead gainers chart; IndusInd, BPCL shine

3:38 PM

Sensex 30 Heatmap:: 7 Gainers v/s 23 Losers

3:37 PM

CLOSING BELL:: Nifty 50 settles at 17,765, down 89 points

3:36 PM

CLOSING BELL:: S&P BSE Sensex ends 335 points lower at 60,507

3:34 PM

Earnings Alert: Adani Transmission reports Q3 turnaround, with Rs 99 profit

Adani Transmission reported a turnaround in Q3, with Rs 99.10 net profit for the quarter ended December 2022 as against net loss of Rs 61.56 crore in Q3FY22. Total income, however, was down 11.3 per cent YoY at Rs 407.77 crore.

3:24 PM

Global Check:: US, UK stock futures decline up to 1%

Source: Investing.com

3:14 PM

Adani prepays loans worth $1.11 bn, releases pledged shares in 3 firms

The group said in a statement promoters have posted the amounts to prepay $1.11 billion ahead of their maturity of September 2024, following recent market volatility and marking commitment to reduce overall promoter leverage backed by listed company shares. The three firms are Adani Green Energy, Adani Ports and Adani Transmission. READ MORE

3:10 PM

Adani-hit Nifty ETFs unlikely to lose incremental flows to other indices

The presence of two Adani group stocks in the Nifty 50 index has weighed on its performance, leading to a lag vis-a-vis the Sensex, which has no presence of stocks from the crisis-hit group. READ MORE

3:02 PM

Adani Ports rises for second straight day; stock up 26% from Monday's low

Shares of Adani Ports and Special Economic Zone (APSEZ) were trading higher for a second straight day with a gain of 6 per cent at Rs 529.35 on the BSE in Monday’s intra-day trade. The stock of the Gautam Adani group company has bounced 26 per cent from its last Monday’s low of Rs 394.95. READ MORE

2:54 PM

Earnings Alert: Shankara Building Q3 net soars 365%; stock up 5%

Shankara Building Products Q3 net profit jumped 4.5-fold to Rs 16.37 crore for the quarter ended December 2022 when compared with Rs 3.52 crore in the quarter a year ago. Total income surged 85.2 per cent YoY to Rs 1,083.99 crore from Rs 498.83 crore.

2:45 PM

BSE 500:: P&G Healthcare, Rossari Biotech, Voda Idea among volume shockers

P&G Healthcare witnessed unusally high volume of around 5,300-odd shares so far on the BSE as against its five-day average volume of around 370-odd shares. Similarly, Rossari Biotech, KPR Mill, Vodafone Idea and Zydus Lifescience were among the other BSE 500 volume toppers on Monday.

2:37 PM

VIL partners with Motorola for 5G connectivity across smartphone portfolio

The announcement comes within days of Vodafone Idea getting a shot in the arm, with Centre clearing conversion of the troubled telco's accumulated interest dues worth Rs 16,000 crore into equity. READ MORE

2:28 PM

PM asks investors to explore investment opportunities in energy sector

Prime Minister Narendra Modi on Monday urged global investors to explore investment opportunities in the country's energy sector, saying India is the most opportune place at present. READ MORE

 

2:18 PM

Market Check:: Sensex off day's low, down 300 points