Sensex rises 142 pts in fag-end, Nifty near 17,900; broader indices fall

CLOSING BELL: Adani Enterprises, Adani Ports, Hero MotoCorp, Cipla, JSW Steel, Bharti Airtel, Sun Pharma, UPL, Ultratech Cement, HDFC, Bajaj Auto, and Tata Motors fell over half a per cent to 11%

1:48 PM

Earnings Alert: Rainbow Children's Medicare Q3 net jumps 29%; stock flat

Rainbow Children's Medicare posted a 29 per cent growth in Q3 net profit at Rs 56.88 crore for the quarter ended December 2022 as against Rs 44.10 crore in the corresponding quarter a year ago. Total income was up 23.7 per cent YoY at Rs 298.96 crore from Rs 241.62 crore.

1:38 PM

Hatchery stocks in focus: SKM Egg, Venky's, Simran Farms rally up to 10%

Shares of SKM Egg Products Export India, Venky's India, Simran Farms and Ovlbel Foods were up in the range of 5 per cent to 10 per cent in Thursday's intra-day trading session. READ MORE

1:29 PM

As volume challenges persist, Hero MotoCorp eyes recovery across segments

Except for a slight slip in profitability, the October-December quarter performance of the country’s largest two-wheeler maker — Hero MotoCorp — was broadly in line with Street estimates. READ MORE

1:20 PM

SC to hear plea seeking probe into Adani-Hindenburg issue on Friday

The Supreme Court has agreed to hear on Friday a plea seeking a direction to the Centre to constitute a committee monitored by a retired apex court judge to inquire and investigate into the Hindenburg Research report which has made a slew of allegations against the business conglomerate led by industrialist Gautam Adani. READ MORE

1:12 PM

BSE 500:: Guj Pipavav, Trent, Cummins among top gainers

Gujarat Pipavav Port up nearly 9 per cent was the top gainer among the BSE 500 stocks so far on Thursday. It was followed by Trent, Cummins India, PB Fintech and Campus Activewear, up 5 - 7 per cent each.

12:55 PM

RBI to hike rates again on sticky inflation, Fed pressure, say analysts

The central bank surprised markets by leaving the door open to more tightening, saying the stickiness of core inflation was concerning. READ MORE

12:46 PM

Reserve Bank widening bond lending may shield bears from short squeezes

Some entities like insurance companies are not permitted to borrow money but have a large stock of securities and the move will enable them to lend bonds. READ MORE

12:25 PM

Nifty Metal index worst sectoral performer so far, slips over 1%

12:17 PM

R&B Denims slips 6% after revenues decline 42% YoY in Q3FY23

12:01 PM

Grasim, UltraTech: Cement stocks eye up to 10% upside on GST review

The overall sentiment towards the cement stocks has remained lacklustre amid a gradual decline in their share prices, and a reduction in GST could help to lift this sentiment. READ MORE

11:48 AM

Adani Wilmar bucks weak trend in group companies; surges 5% post Q3 results

The stock of Adani Wilmar has recovered 9 per cent from its intra-day low of Rs 405.10, lifted by heavy volume. In the past three days, it has bounced back 16 per cent. READ MORE

11:37 AM

Midcaps outperforms benchmark; India VIX slips in red

11:22 AM

OK Play climbs 5% after total revenues surge 72.3% YoY in Q3FY23

11:10 AM

Trent gains 7% on healthy revenue growth in December quarter

Trent said, the Star business with tight footprint stores and focus on fresh foods & own brands offering continue to witness improved customer traction with growing sales densities. READ MORE

11:02 AM

Gold prices unchanged; yellow metal sells at Rs 57,550 per 10 gram

Silver prices increased by Rs 100 per kg; the precious metal is selling at Rs 71,400 per kg. READ MORE