Sensex soars 1,047 pts, Nifty tops 17,250; HDFC jumps 5.5%, Paytm drops 6%

CLOSING BELL: JSW Steel, Titan Company, SBI Life, RIL, Kotak Bank, Tata Consumer Products, Tata Steel, Nestle India, and Eicher Motors were the other notable gainers

9:25 AM

Opening bell: HDFC, Axis Bank top Nifty 50 gainers; IOC, ONGC slip

9:22 AM

Opening bell: All sectors swim in green; Bank, realty stocks shine

9:20 AM

Opening bell: All 30 Sensex stocks open in green

9:18 AM

Opening bell: Terrific start to trade as Nifty 50 opens above 17,200 levels

9:17 AM

Opening bell: Sensex opens higher by over 800 points

9:10 AM

Pre-open session: All Sensex counters sizzle in green

9:07 AM

Pre-open session: Over 700 points upmove for Sensex

9:05 AM

Pre-open session: Nifty 50 advances smartly above 17,000 levels

9:03 AM

Stocks to Watch: SAIL, Adani Power, Tata Steel, Voltas, Oil India, BEML

Shares of Oil India will be in focus as the company has approved investment of Rs 6,555 crore in its subsidiary Numaligarh Refinery. Read more

 

 

9:00 AM

Airlines in focus: ATF price hike may delay recent recovery

The market was braced for a price hike across fuels but the extent of the 18 per cent hike in Aviation turbine fuel (ATF) was a negative surprise. This is likely to impact the civil aviation sector badly, at a point of time when it looked to be just starting to recover from the terrible effect of lockdowns. Read the story here.

 

8:56 AM

JPMorgan: A big rotation from bonds to equities on the cards

The worst could be over for the equity markets, at least for March. Global investment bank JPMorgan is projecting a $230-billion bonanza for the global equity markets as large institutional investors, mainly balanced mutual fund and pension funds, rotate out of bonds into equities. Read here

Illustration: Binay Sinha

8:52 AM

US futures trade flat as investors digest US Fed's rate-hike projections

source: yahoo.finance.com

8:47 AM

Inflation shock: India looking to import 15 million barrels of cheap Russian oil

Taking advantage of a Russian offer to sell its crude oil cheap and bear the cost of insurance and transportation, India may import as much as 2 million tonnes (mt), or roughly 15 million barrels of crude, from the sanctioned nation in 2022, Business Standard has learnt. Read more here

Photo: Bloomberg

8:43 AM

DII inflows: Domestic investors buy Rs 773 crores of shares on Wed

8:39 AM

FII sell-off takes a breather: FIIs BUY shares worth Rs 312 cr on Wed

FII data positive for the first time since Feb 11