Sensex ends volatile session 185 pts down; IT stocks decline, PSBs shine

CLOSING BELL: The Nifty50 index shut shop at 16,523, down 62 points or 0.37 per cent

2:59 PM

MARKET CHECK: Sensex at day's low, slips over 400 pts

 

2:48 PM

GST collections slip below Rs 1.5-trn mark in May despite 44% YoY increase

In April, GST collections had touched a record high of Rs 1.68 trillion, surpassing the Rs 1.5-trillion mark for the first time. Read more

2:40 PM

SmallCaps firmly outperform benchmarks; up 0.3%

 

2:30 PM

Limited downside in markets provided inflation remains in check: Analysts

Peaking of inflation, analysts believe, could put a cap on bond yields and a floor on equity valuations. Read here

2:17 PM

Normal monsoon boost Indian economy; related stocks may gain: Analysts

Analysts consider the south-west monsoon to be the lifeline of India's agri-based economy, as it is likely to brighten outlook for bumper crop output amid inflationary times post covid-19 blowout. Read more

2:08 PM

European markets tread lower in early deals

source: finance.yahoo.com

2:00 PM

NEWS ALERT: Gross GST collections for May up 44% YoY at Rs 1,40,885 crore

1:53 PM

Dhanlaxmi Bank planning to raise Rs 127 crore via rights issue this month

The bank's capital adequacy ratio fell below 13% in the March quarter and capital raised via the rights issue is expected to boost it by 50 bps. READ MORE

1:46 PM

BSE 500:: Stocks recovering smartly from the lows of the day

Elgi Equipments has zoomed 10 per cent from the lows of the day so far. Similarly, Timken India, eClerx Services and Dilip Buildcon have logged smart gains from their respective lows of the day.

1:39 PM

Moody's upgrades BPCL outlook to 'stable' as govt calls off stake sale

The rating agency affirmed BPCL's Baa3 issuer rating reflecting its position as the second-largest state-owned refining and marketing company in India. READ MORE

1:31 PM

BSE 500:: Stocks falling significantly from the highs of the day

Indiabulls Realestate and Zomato have dropped over 7 per cent each from their respective highs of the day so far. Uflex, Hikal, Hitachi Energy and Delta Corp are some of the other stocks to have also lost significant ground from their respective highs' of the day.

1:25 PM

NEWS ALERT :: Tata Motors May EV sales at 3,454 units vs 476 units (YoY)

>> May EV sales of 3,454 units highest ever in a month

1:19 PM

Vedanta, ONGC, Oil India submit bids for discovered small field auctions

As many as 26 companies have submitted 106 bids in the third round of discovered small field (DSF) auctions for which the last date of submission of bids was May 31. The list of companies includes Oil and Natural Gas Corporation (ONGC), Oil India (OIL) and Anil Agarwal-led Vedanta Ltd, among others. READ MORE

1:13 PM

The stock of this merchant banker has zoomed 226% in five weeks

Galactico Corporate Services hit a new high of Rs 249.65 and was locked in upper circuit of 5 per cent for 14 straight trading days. READ MORE

1:04 PM

Titan, Lupin, Indian Hotels: How to trade Rakesh Jhunjhunwala-owned stocks

Titan and Lupin seem poised for solid gains among Rakesh Jhunjhunwala's portfolio, while shares of Lupin, Star Health and Jubilant Pharmova can be avoided for now. READ MORE