Sensex, Nifty end flat amid late sell-off; IT, broader indices hold gains

CLOSING BELL: The BSE Sensex hit a fresh calendear year high at 61,682, before forfeiting most gains at close. Midcap, Smallcap indices gained nearly a per cent Thursday.

8:46 AM

FPIs surpass retail in getting investment calls right in Dec 2022 quarter

Nearly 700 stocks in which FPIs cut their exposure underperformed the markets. During the December 2022 quarter, the Nifty had gained nearly six per cent. READ MORE

8:43 AM

S&P puts Adani Transmission's ESG rating under review

The rating agency said allegations related to group governance and disclosures may affect the appetite of fund providers and business partners in supporting ATL's growth. This may raise financial and operational risks for the company. READ MORE

8:40 AM

Stocks to watch: Nestle India, NTPC, HAL, Bharat Dynamics, MTNL, BEL

NTPC: The state-owned power giant plans to raise term loan of Rs 6,213 crore in Japanese Yen denomination to finance its capital expenditure on new and ongoing projects. The company has sought bids for the Japanese Yen loan, which will be raised through external commercial borrowing route. 
 

Hindustan Aeronautics: The company inked Transfer of Technology (ToT) pact with CSIR-National Aerospace Laboratories for the design know-how, production, and commercialization of composite fin, and rudder assemblies for the Light Combat Aircraft – Tejas at Aero India. READ MORE

 

8:36 AM

Ravi Nathani is bullish on realty, pharma shares

Nifty Pharma

Last close: 12,237.10

 

The index displayed a sharp rally from yesterday's low, which indicated a short-term bottom is now in place. Additionally, the index has closed above the opening of the day, which further supports this view. READ MORE

8:32 AM

NEWS ALERT :: Government cuts Gold base import price to $600/10 gm from $620/10 gm

>> Silver base import price cut to $706/kg from $768/kg

>> RBD Palm oil base import price increased to $998/tonne from $992/tonne

>> Crude Palmolein base import price increased to $1,003/tonne from $999/tonne

>>  RBD palmolein base import price increased to $1,006/tonne from $1,002/tonne

>> Crude soyoil base import price cut to $1,219/tonne from $1,267/tonne

8:29 AM

Fund Flow :: DIIs buy equities worth Rs 516.64 crore on Wednesday

8:28 AM

Fund Flow :: FIIs buy equities worth Rs 432.15 crore on Wednesday

8:25 AM

NEWS ALERT :: MSCI delays index weighting changes for two Adani companies to May review

The new index weightings were due to come into effect on March 1 but the proposed changes to Adani Total Gas and Adani Transmission will be delayed until May. READ MORE

8:20 AM

NEWS ALERT :: Govt reduces windfall gain tax on crude production, ATF and Diesel export

>> Windfall tax on crude production reduced to Rs 4,350/tonne from Rs 5,050/tonne

>> Additional tax on ATF export reduced to Rs 1.5/ltr from Rs 6/ltr

8:17 AM

Commodity Heatmap :: Brent crude up half a per cent

8:14 AM

SGX Nifty suggests a start above 18,000

8:12 AM

Asian indices rule higher, Hang Seng leads

8:10 AM

US markets edge higher on strong retail sales data

8:05 AM

Good morning readers! Catch all live market updates here with Business Standard

Catch all live market updates here with Business Standard