Sensex slides 632pts to 60,115, Nifty below 18K; Airtel, SBI slip up to 2%

CLOSING BELL: Broader markets, too, bled simultaneously in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.5 per cent

1:17 PM

From RIL to L&T and Adani, corporate giants build on EPC rule change

A shift from the high-debt hybrid annuity scheme for infra projects to a low-debt, performance-linked model is encouraging government and private majors to pivot to this business in a bigger way. READ MORE
 

1:04 PM

Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%

Sona Comstar will acquire this 54 per cent equity stake in NOVELIC for euro 40.5 million through a combination of primary and secondary purchases. Read more

12:53 PM

MARKET CHECK: Sensex sinks over 700 pts to day's low

12:40 PM

Glenmark launches generic version of diuretic Bumetanide injection

Glenmark Pharmaceuticals Ltd on Tuesday said its US arm has launched its generic version of diuretic Bumetanide injection. Read more

12:25 PM

Tata nears iPhone plant takeover to grow India's Apple supply role

Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. Read more

12:10 PM

Schneider Electric soars 14%, hits over 7-year high on positive outlook

In past 12 trading sessions, the stock has zoomed 44 per cent and now quotes at its highest level since August 2015. Read more

11:57 AM

RIL, Dr Reddy's Labs: 5 Nifty500 stocks cross 200-DMA, defying weak market trend

Following a strong close over the 200-DMA set at Rs 2,559, the chart structure of Reliance Industries reveals a "Double Bottom" breakout READ MORE

11:46 AM

TCS Q3: Weak deal wins, negative headcount signal slowdown, say analysts

QoQ decline of 2,200 employees in the total headcount and de-growth of 3.7 per cent in deal bookings at $7.8 billion are indicators that point towards a slowdown, analysts say READ MORE

11:32 AM

Institutional investments in retail real estate jump 6-fold in 2022

Overall, Colliers said that the institutional investments in the Indian real estate sector grew 20 per cent in 2022 to touch USD 4.9 billion from USD 4.08 billion in the previous year. READ MORE

11:23 AM

Sebi clarifies on mode of payment for settlement of trades on RFQ platform

As a matter of practice, presently, stock exchanges are using RTGS channel as a mode of settlement for trades executed on the RFQ platform with respect to listed corporate bonds, commercial paper, and securitised debt instruments. READ MORE

11:10 AM

Sebi to extend trading hours in case of outage at stock exchanges

“If the trading on the affected stock exchange does not resume to normalcy even one hour before the scheduled market closure, trading hours for all stock exchanges would automatically get extended for additional one and half hours for that day,” said Sebi.

 

Moreover, if the outage is during the last trading hour and latest before 15 minutes of normal market closure, trading hours of all stock exchanges will be extended. READ MORE

11:01 AM

CG Power hits record high; stock surges 10% in two days on heavy volumes

CG Power on Monday said that a meeting of the board of directors of the company is scheduled to be held on January 24, 2023, to consider and approve the unaudited financial results of the company for the 3rd quarter ended 31st December, 2022 (Q3FY23). READ MORE

10:49 AM

MARKET CHECK :: Sensex hits day's low

10:42 AM

Silver ETFs gain modest traction in first year with AUM of Rs 1,500 crore

Silver exchange-traded funds (ETFs) have gained modest traction in their first year, with assets under management (AUM) of around Rs 1,500 crore at the end of November. According to investment advisors, such products have a place in asset allocation and flows will pick up once they register a good showing on the returns chart. READ MORE

10:30 AM

Retail inflation likely remained steady at 5.9% in December, finds poll

The Jan. 4-9 poll of 45 economists put consumer price inflation at 5.90% in December from a year earlier, little changed from an eleven-month low of 5.88% in November. READ MORE