RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

12:04 PM

LIC abuzz ahead of Q4 results

11:58 AM

Rising inflation has led to marked slowdown in growth rates: HUL Chairman

Paranjpe also said, “the recent slowdown notwithstanding, the penetration of FMCG products both in urban and rural India, provides significant headroom for growth.” As more people are entering the middle class, a large working population, increasing nuclear family structures, urbanisation and rapid adoption of technology, all bode well for the growth of the sector in the country." READ MORE

11:50 AM

Sensex powers up over 1,100 points: What's fueling the surge on Monday?

Analysts believe that the improvement in global sentiment on the back of consumer resiliency and peaking inflation brought cheer back to the Dalal Street. READ MORE

11:39 AM

JSW Steel dips 4% in a firm market on disappointing Q4 results

The company's consolidated profit after tax (PAT) declined 20 per cent year on year (YoY) to Rs 3,343 crore in March quarter on higher raw material cost, lower net sales realisation, and an impairment provision. The company’s net profit a year ago stood at Rs 4,191 crore. READ MORE

11:31 AM

Rupee advances 12 paise to 77.46 against US dollar in early trade

The rupee appreciated 12 paise to 77.46 against the US dollar in opening trade on Monday, supported by a fall in the dollar index and positive domestic equities. READ MORE

11:24 AM

BSE 500:: Volume Shockers

Timken India has witnessed unusally high volume of 17,170 shares so far as against the five-day average volume of around 1,900 shares on the BSE. Similarly, Gujarat Gas, City Union Bank, Sanofi India and 3M India too have witnessed unusually high volume in trades so far on Monday.

11:17 AM

RIL, Adani in three-horse race to strike a deal with Germany's Metro AG

Industry sources in the know named Reliance, Adani Group, and Thailand’s conglomerate Charoen Pokphand (CP) as potential frontrunners to acquire a partial or full stake in the Gurugram-headquartered Metro Cash & Carry, which has 31 stores and 5,000 direct employees. READ MORE

11:10 AM

Asian Markets Update:: Bulls in charge

Source: Yahoo Finance

11:08 AM

Sector check :: Nifty Bank climbs 36,000 levels

11:02 AM

BSE 500:: Top losers so far

Hikal has shed 6.5 per cent so far in trades on Monday. Esab India, KRBL, Tasty Bite, Dr. Lal Pathlabs and KSB were the other significant losers.

11:02 AM

ALERT :: Sensex sprints to day's high

10:55 AM

BSE 500:: Top gainers so far

Timkem India and 3M India soar over 13 per cent each. BASF India, Credit Access Gramin and Fine Organics were the other major gainers so far.

10:48 AM

Timken India surges 14% on strong March quarter results

Going forward, Timken is expected to perform better with sustainable margins, new product launches and better performance in Indian CV & PV segment. READ MORE

10:41 AM

Key lessons for investors from stock market's bear phase in 2010-2011

It has been a choppy calendar year 2022 (CY22) for global financial markets amid the spectre of rising inflation that led most central banks, especially the US Federal Reserve (US Fed), to tighten their monetary policy. Most equity indices across the globe have seen a sharp fall from their respective peak levels in this backdrop. READ MORE

10:33 AM

S&P BSE Sensex 30 Heatmap:: IT shares lead the charge