Tuesday, December 24, 2024 | 12:57 AM ISTEN Hindi

Sensex gyrates 1,073 pts, ends 460 pts down; Axis Bk dips 6.5%, Maruti 2.5%

CLOSING BELL: Coal India, Adani Ports, Power Grid, Maruti Suzuki, Bajaj Auto, ONGC, Wipro, and Britannia Industries were the other laggards, down between 2.5 per cent and 4 per cent

SI Reporter New Delhi

MARKET LIVE: Sharp fall in indices; Sensex tanks 500pts, Nifty below 17,100

9:11 AM

Sensex heatmap at pre-open session

9:07 AM

Pre-open session: Sensex surges over 250 points

9:05 AM

Pre-open session: Nifty 50 climbs above 17,300

9:02 AM

Rupee opens 16 paise weaker at 76.64 against USD

9:01 AM

Stocks on radar today: Maruti, Wipro, Axis Bank, Vedanta, SBI Life, Tata Power

Axis Bank: The third largest private sector lender of the country — reported a 54 per cent on-year growth to Rs 4,118 crore in its net profit for the Jan-March quarter on the back of healthy growth in core income and lower provisions. Net interest income of the bank grew 17 per cent on year to Rs 8,819 crore, while net interest margin (NIM) for Q4FY22 stood at 3.49 per cent.

PNB Housing Finance: The company’s net profit rose by 33 per cent to Rs 170 crore for the fourth quarter ended March 2022 (Q4Fy22) from Rs 127 crore in Q4FY21. Its net interest income fell by 37 per cent in the reporting quarter to Rs 377 crore from Rs 593 crore in Q4FY21. Read more

BSE, sensex, market, shares, stocks, trading, brokers, investment, investors, growth, results, Q, earnings

8:58 AM

Tech calls: Here's why Mehul Kothari recommends buying Hindalco, Endurance Technologies

According to the technical analyst from Anand Rathi, Hindalco has found support around its 200-DEMA, and seems poised for a potential reversal in the short-term. Read more

8:55 AM

F&O Strategy: Nandish Shah recommends a Bull spread on the weekly Nifty

The derivative analyst from HDFC Securities recommends buying Nifty 17,300 Call and simultaneously selling 17,500 Call for the May 05 expiry. Read here

8:52 AM

LIC eyes investments from corporate and bank treasuries in IPO

The insurance behemoth is hopeful that the country’s large corporate and bank treasuries will submit bids in its IPO, which will hit the market on Wednesday.Read more

8:48 AM

US preliminary January-March GDP data comes subdued

8:45 AM

WATCH BS SPECIAL: Can rising Covid cases thwart contact-sensitive sectors’ recovery?

The economy is recovering from lockdowns, but the recent uptick in Covid-cases across the country is worrying the industry again. Here’s a report on the outlook for the contact-sensitive sector. WATCH