Sensex ends near day's low, dips 435pts; Nifty below 18K; HDFC Bank down 3%

CLOSING BELL: Mixed global cues, rising bond yields globally, and an uptick in oil prices also dented the sentiment

11:06 AM

HDFC-HDFC Bank merger: Brokerages see return ratios improving by FY25-26

Analysts think there are multiple challenges such as impact of SLR/CRR/PSL compliance cost; the RBI's aversion to banks holding considerable stakes in para-banking businesses. READ MORE HERE

 

10:59 AM

How life has come full circle for Deepak Parekh?

Monday morning kicked-off with the news that HDFC Ltd was merging with HDFC Bank. Deepak S Parekh, who oversaw the merger, is a relieved man now. Find out more about the 77-year-old industry veteran. READ MORE

10:54 AM

Max healthcare gains over 2% after SBI Funds acquired over 1 cr equity shares

10:47 AM

Rupee climbs 6 paise higher against US dollar

10:35 AM

India Inc likely to see robust Q4 nos despite input cost pressure: Analysts

The fourth quarter of financial year 2021-22 (FY22) has been a difficult period for India Inc. as it was marred by a number of headwinds such as rising inflation, steep rise in input costs and supply disruptions brought on by the Russia-Ukraine offensive. READ MORE HERE

10:26 AM

Zomato falls 5% on reports of CCI probe against unfair business practices

In the past three months, Zomato has underperformed the market by falling nearly 40 per cent, as compared to a 0.4 per cent rise on the S&P BSE Sensex. READ MORE HERE

10:20 AM

U.S. stops Russian bond payments in bid to raise pressure on Moscow

10:20 AM

Policy support, volume growth: What's lifting the spirits of liquor stocks?

The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry. However, analysts believe barley price rise to act as a spoilsport. READ MORE HERE

9:59 AM

BEML gains over 2% after it achieves record revenue in FY22

9:56 AM

SBI Cards dips 5% as over 3% equity change hands via block deals on NSE

Around 31.9 million equity shares representing 3.37 per cent equity of SBI Cards changed hands on the NSE in the first 10 minutes of trade, NSE data shows. READ MORE HERE

 

9:42 AM

Emami Realty jumps nearly 5% as India Ratings upgrade rating to 'stable'

9:38 AM

Zomato declines over 3% on CCI's investigation order

9:31 AM

Opening bell: Bajaj Twins, HDFC Twins, Kotak Bank top Nifty 50 losers

9:30 AM

Opening bell: Adani Ports, Eicher Motors, Tata Motors top Nifty 50 gainers

9:24 AM

Opening bell: Broader markets firm; India Vix climbs above 2%