Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%

Closing Bell on Friday, October 13, 2023: Among sectors, the Nifty PSU Bank index fell 1.4 per cent, while the Nifty Auto index gained 0.88 per cent

9:09 AM

PRE-OPEN: Nifty slips below 19,700

9:08 AM

PRE-OPEN: Sensex off to gap-down start

9:05 AM

CURRENCY ALERT: Rupee opens flat at 83.24 against dollar

9:00 AM

Which 5G stock is a better bet — Jio or Airtel?

Shares of Airtel claimed a record high on Oct 11. As India’s biggest telecom companies fight tooth and nail to expand their 5G services, which of these stocks could charge up investors’ portfolios? WATCH VIDEO

8:55 AM

RBI slaps Rs 5.39 crore penalty on Paytm PB for violating series of norms

The Reserve Bank of India (RBI) on Thursday imposed a monetary penalty of Rs 5.39 crore on Paytm Payments Bank for violating Know Your Customer norms, among others. READ MORE

8:49 AM

Higher profitability estimates likely to drive more gains for Zomato

Analysts seem to have turned positive on Zomato. The stock hit all-time highs recently. Zomato’s gross merchandise value (GMV) growth rates may have bottomed out in Q1FY24 at 14 per cent year-on-year (Y-o-Y). READ MORE

 

8:47 AM

Q2 Watchlist:: Results in focus on Friday & Saturday

- Den Networks

 

- HDFC Life

 

- Sai Silks (Kalamandir)

 

- Tata Steel Long Products

 

- DMart

 

- Texmaco Rail

 

- HDFC Bank - to announce results on Sunday

8:42 AM

RBI likely to complete vetting bidders for IDBI Bank by October-end

India's central bank is expected to accelerate a key process of vetting IDBI Bank's potential buyers and complete it by October end, helping speed up the sale of a majority stake in the lender, two government sources said.  READ MORE

8:37 AM

Uneven monsoon weighs on demand for FMCG firms in July-Sept quarter

Fast moving consumer goods (FMCG) companies are expected to see muted topline growth, with uneven spread of the monsoon impacting demand. Rural demand recovery, too, remains elusive in the July-September quarter. READ MORE

8:33 AM

Stocks to Watch: Infosys, HCLTech, Maruti, IDBI Bank, Tata Motors, Religare

Stocks to Watch Today, October 13: The weak Q2 numbers and guidance cut from two IT large-caps--Infosys and HCLTech--could weigh on equity benchmark indices Sensex and Nifty on Friday. At 7:30 am, the Gift Nifty futures were down 100 points at 19,689 over Nifty futures’ last close. READ MORE

8:27 AM

ALERT:: Gift Nifty quotes below 19,700; suggests a sharp gap-down at open

8:22 AM

Asian Market Check:: Hang Seng down 1.4%; Nikkei 0.3%

Source; Yahoo Finance

8:18 AM

ADR ALERT:: Infy sinks 6.5% in overnight US trade

Source: Investing.com

8:14 AM

WTO chief warns of 'big impact' on trade if Israel-Hamas conflict widens

World Trade Organization chief Ngozi Okonjo-Iweala said she hoped the Israel-Hamas conflict could be ended quickly, warning it would have a "really big impact" on already weak global trade flows if it widened throughout the region. READ MORE

8:09 AM

US defence secy to visit Israel to discuss military aid following attack

US Defence Secretary Lloyd Austin plans to visit Israel on Friday, the second high-level US official to visit Tel Aviv in two days, in a deliberate show of support and an effort to determine what additional military aid is needed in the war with Hamas. READ MORE