Sensex sinks 536 pts, Nifty nears 21,500 amid global sell-off; IT slides

Closing Bell on January 3, 2024: On the upside, Bajaj Auto, Adani Enterprises, Adani Ports, Cipla, ITC, and IndusInd Bank were the top gainers, rising up to 4.5 per cent

9:26 AM

YES Bank erases gains; lender posts 12% YoY growth in Q3 loans

>> The lender's  loans and advances, at the end of Q3FY24, stood at Rs 2.17 trillion, up 11.9 per cent Y-o-Y. The deposits were Rs 2.41 trillion, up 13.2 per cent Y-o-Y.

9:24 AM

Broader markets :: Broader indices largely lower; SmallCap index outshines

9:22 AM

Sectoral trends :: FMCG index up 0.2%, Pharma marginally

9:20 AM

Sensex Heatmap :: IT, select financials cap upside

9:19 AM

Opening Bell :: Nifty tests 21,600

9:18 AM

Opening Bell :: Sensex starts with 200-point downtick

9:10 AM

Pre-Open Session :: Nifty holds 21,650

9:09 AM

Pre-Open Session :: Sensex down 60 pts

9:04 AM

Currency check :: Rupee starts 1 paise weaker vs US dollar

9:00 AM

Watch: Will large-cap MFs find their mojo back in 2024?

8:54 AM

Sebi chooses to tread cautiously, no rush to stretch market hours

When Ashishkumar Chauhan, chief of the National Stock Exchange of India (NSE), hinted at an extended trading session in December 2022, derivative traders found themselves divided. One faction welcomed the decision, seeing it as an opportunity to factor in global news, while the other hesitated, wary of heightened volatility in a segment where 90 per cent of traders face losses. Read

8:49 AM

China 2024 crude oil import quota up 60%; factory activity expands

China has released 179.01 million metric tons of crude oil import quotas for 2024, 60 per cent more than the January batch last year as almost all the refiners received their annual allocations, consultancies and trade sources said on Tuesday. Read

8:44 AM

HDFC MF ramps up presence; PPFAS MF allows redemptions in liquid fund

In a bid to ramp up its physical presence, HDFC Mutual Fund opened up 24 new branches across the country on Tuesday. With the new additions, the total branch count stands at 276, the fund house said in a press release. Read

8:40 AM

US national debt hits record $34 trn as Congress gears up for funding fight

The federal government's gross national debt has surpassed $ 34 trillion, a record high that foreshadows the coming political and economic challenges to improve America's balance sheet in the coming years. Read

8:36 AM

Gold rises Rs 220, silver jumps Rs 300, yellow metal trading at Rs 64,090

The price of 24-carat gold jumped Rs 220 during early trade on Wednesday, with ten grams of the precious metal selling at Rs 64,090, according to the GoodReturns website. The price of silver also rose Rs 300 with one kilogram of the precious metal selling at Rs 78,900. Read