Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%

CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.

3:42 PM

Sector check :: Metal index ends 0.7% up as Jindal Stainless shines 6%, APL Apollo 3%

3:40 PM

Sector check :: ZEEL soars 16%, TV18 6.5% in a weak market

3:38 PM

Sectoral trends :: Media index jumps 6% on ZEEL boost; FMCG, Banks lag

3:37 PM

Sensex Heatmap :: Asian Paints, ITC, Airtel drag Sensex

3:35 PM

CLOSING BELL :: Nifty ends below 19,550 amid RBI policy outcome, weak global cues

3:34 PM

CLOSING BELL :: Sensex ends 300 pts down as hawkish RBI policy spoils mood

3:23 PM

Global Check:: US, UK stock futures rally over 0.5%

Source: Investing.com

3:13 PM

NCLT's nod to ZEEL-Sony India merger will trigger stock re-rating: Analysts

Shares of Zee Entertainment Enterprises soared as much as 15 per cent on the BSE in Thursday's intra-day trade after the National Company Law Tribunal approved the company's merger with Sony India. READ MORE

3:09 PM

ALERT:: HP Adhesives Q1 net jumps 3-fold; stock down 2%

3:00 PM

Tomato woes: MPC pegs inflation at over 6 per cent in current quarter

Inflation unlikely to fall to 4% target even in Q1 FY25; GDP growth projections kept intact. READ MORE

2:51 PM

Trent rallies 7% to hit a new high in a tepid market on strong Q1 results

Brokerages estimate that Trent's robust performance during challenging times and industry leading performance will continue to warrant premium valuations. READ MORE

2:42 PM

ALERT:: NCLT okays Zee-Sony merger; stock zooms 8%

2:39 PM

ALERT :: NCLT approves ZEEL-Sony merger

2:38 PM

ALERT:: Avanti Feeds Q1 net surges 58%; stock jumps 4%

Avanti Feeds Q1 net profit surged 58 per cent to Rs 115.03 crore for the quarter ended June 2023 when compared with Rs 72.79 crore in the year ago quarter. Total income was up 0.3 per cent YoY at Rs 1,586.24 crore.

2:27 PM

ALERT:: Samvardhana Motherson Q1 net soars 49%; stock trades flat

Samvardhana Motherson International Q1 net profit soared 49.5 per cent to Rs 179.39 crore for the quarter ended June 2023 when compared with Rs 120 crore in the year ago quarter. Total income rose by 23 per cent YoY to Rs 2,096.80 crore.