Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%

NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index

10:26 AM

Grasim Ind gains as board approves NCD issue worth Rs 1,000 crores

 

10:25 AM

Escorts jumps over 4% as firm lines up Rs 400 crore capex for FY23-24

10:16 AM

Amber Enterprises tanks 18% on weak Q4 operational performance

In Q4, EBITDA margins declined by 240 bps to 6.5 per cent, due to delay in passing of higher raw material prices along with sharp increase in employee cost. READ MORE

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10:06 AM

Bandhan Bank surges over 3% on strong Q4 results

10:01 AM

Market view: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

>> Nifty is down 9% this year and the market is weak. In a bear phase there will be relief rallies, but such rallies are unlikely to sustain, given the relentless selling by FIIs. It is rational to expect more FII selling, particularly when the market stages relief rallies. It is important to appreciate the fact that FIIs are selling not because they are bearish on India but because US bond yields are attractive and the dollar is strengthening.

 

>> Since Nifty is trading at around 18 times FY23 earnings, valuations are not yet cheap. But there are pockets where earnings visibility is good and valuations are fair like financials, telecom, IT and construction. Long-term investors can start accumulating high quality stocks in these segments.

9:53 AM

Ambuja, ACC gain up to 6% on Adani Group's buyout of Holcims's India biz

The Adani Group announced the acquisition of Swiss cement major Holcim's stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers. READ MORE

9:45 AM

Bias remains negative for MCX Gold, Silver futures; Key levels to watch out

The MCX Gold futures may slide towards the 200-DMA at Rs 48,840 in the near term; while the broader trend indicates a downside target of Rs 53,000 for MCX Silver futures. READ MORE

9:39 AM

Tech Mahindra gains after healthy Q4 results

9:38 AM

MARKET CHECK: Sensex firms up, gains 400 pts | RIL, Banks lead upmove

 

9:36 AM

UCO Bank rises over 1% after net profit jumps 290% in Q4

9:29 AM

Opening bell: Ultratech Cement, Shree Cements, Dr Reddy's top Nifty 50 losers

9:27 AM

Opening bell: Eicher Motors, JSW Steel, Tata Steel top Nifty 50 gainers

9:25 AM

Opening bell: Broader markets firm; India Vix slips below 3%

9:23 AM

Opening bell: All sectors off to a positive start; metal stocks shine

9:22 AM

Opening bell: 11 out of 30 Sensex stocks open in positive zone