Sensex sinks 736pts, Nifty tests 21,800 in broad-selling; IT index sheds 3%

Stock market highlights on Tuesday, March 19: TCS was the biggest laggard on the benchmark indices, down 4 per cent after Tata Sons likely sold about 0.6 per cent stake in the company

3:46 PM

Market breadth was fairly negative; 2,571 stocks declined, while 1,246 advanced on the BSE

3:44 PM

Sectoral ALERT:: Nifty IT index slumps 3%; TCS drops 4%

3:42 PM

BSE Smallcap Heatmap:: Rama Steel zooms 20%; Indiabulls RealEstate tanks 10%

3:41 PM

BSE Midcap Heatmap:: Torrent Power, CG Power gain up to 4%; CRISIL sheds 5%

3:39 PM

Broader Market Check:: MidCap, SmallCap indices slide over 1%; VIX rises 1.5%

3:37 PM

Sensex 30 Heatmap:: 24 Losers v/s 6 Gainers

3:36 PM

CLOSING BELL:: NSE Nifty50 plunges 238 pts to 21,817

3:34 PM

CLOSING BELL:: S&P BSE Sensex ends 736 pts lower at 72,012

3:22 PM

Bajaj Finance rises 2% in weak market; BNP Paribas sees up to 35% upside

Brokerage firm BNP Paribas India initiated coverage on the stock with outperform rating and a target price of Rs 9,040. READ MORE

3:12 PM

India's exports may reach $450 bn this fiscal: FIEO Prez Ashwani Kumar

He also said that despite issues, exports rose about 12 per cent in February to $41.40 billion. During April-February 2023-24, exports reached $395 billion. READ MORE

3:02 PM

ALERT:: Tata Steel board approves NCD issue worth Rs 2,700 cr; stock trades flat

Tata Steel in an exchange filing today said the company's board approved issue of 2.70 lakh non-convertible debentures (NCDs) amounting to Rs 2,700 crore on private placement basis. 

2:50 PM

Patanjali Foods declines 5% as SC summons Ramdev in misleading ads case

The Supreme Court summoned Baba Ramdev and Acharya Balkrishna to appear personally in court for failing to respond to a show cause notice in contempt proceedings. READ MORE

2:37 PM

Nykaa has huge lead, edge over its competitors: Founder Falguni Nayar

The comments assume significance in the backdrop of stiff competition unfolding in India's rapidly-growing beauty e-commerce space. READ MORE

2:25 PM

Unilever to separate its ice cream biz, cut 7,500 jobs in restructuring bid

The move is part of a broader restructuring as Schumacher tries to jumpstart growth. Unilever said the job cuts, which will affect mainly office-based roles, are part of a plan to achieve €800 million. READ MORE

2:08 PM

ALERT:: Sun Pharma gets nod to sell acne treatment cream Winlevi in Australia; stock marginally down

India’s Sun Pharmaceutical said on Tuesday the Australian Therapeutic Goods Administration (TGA) has approved its Winlevi (clascoterone) cream 1% for treating acne vulgaris in patients aged 12 and older. READ MORE