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

10:23 AM

TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend

Moderation of attrition is a positive and indicates easing of supply side challenges, which is likely to support margins, going ahead, ICICI Securities said in its note. READ MORE

10:16 AM

Tata Motors rallies 6% as JLR wholesales jump 15% YoY in December quarter

On a preliminary basis, free cash flow is likely to be over £400 million positive in the December quarter, JLR said. READ MORE

10:07 AM

MARKET CHECK: Sensex extends slide, down 450 points

10:01 AM

MARKET COMMENT: Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

After the positive market news of last Friday the market would be keenly watching the Powell Speech today and the CPI data to be released tomorrow. Powell is unlikely to depart from the Fed’s hawkish stance but if the CPI data of Wednesday confirms the declining trend in inflation, the market will get ahead of the Fed and will start pricing in a terminal rate below 5% and possible rate cuts by end 2023. On the other hand, if inflation continues to remain high, there can be a sell-off in the market discounting higher rates and a hard landing for the US economy. So, investors may wait for these crucial inputs before taking a call on near-term market trends. TCS results indicate continuing growth for the IT industry with slightly weakening deal wins. Results of Infy and HCL Tech due this week will throw more light on the short-term prospects of the industry.

9:56 AM

ONGC gains marginally as overseas arm takes 20% stake in Sakhalin-1 oil & gas fields

9:48 AM

Star Health gains 1% as gross direct premiums rise 13% YoY in 9MFY23

9:43 AM

Sona BLW advances 3% after it acquires 54% stake in a Serbian firm

9:38 AM

Tata Motors surges 5% after JLR sales rose 5.9% YoY in Q3FY23

9:35 AM

TCS, Eicher Motors, Hero Moto top Nifty50 losers

9:32 AM

Tata Motors, Hindalco, Tata Steel top Nifty50 gainers

9:28 AM

Nifty SmallCap 100 index outperforms benchmark; India VIX climbs 2%

9:24 AM

Mixed trend seen across sectors; Nifty IT slips the most, over 1%

9:21 AM

SENSEX HEATMAP: 12 out of 30 index constituents start in green

9:19 AM

OPENING BELL: Sensex falls over 200 points

9:18 AM

OPENING BELL: Tepid start for Nifty50 as it slips below 18,100