Sensex, Nifty end flat; Dr Reddy's Labs drops 7%, L&T 5%, Adani Ent up 5%

CLOSING BELL: In the broader markets, the BSE SmallCap index outperformed the frontline indices with 0.68 per cent rise

1:19 PM

Asian Market Update:: Major indices drift lower; Taiwan slips 0.8%

Source: Yahoo Finance

1:10 PM

ALERT:: Nexus Select IPO subscribed up to 1.8 times as of 1 PM

 

12:56 PM

India to allow duty free imports of sunflower, soyoil until June

India on Thursday clarified that duty-free imports of soyoil and sunflower oil shipped before March 31 would be allowed until the end of June, after hundreds of thousands of cargoes were stuck at ports over confusion over import rules. READ MORE

12:44 PM

ABB India expands production footprint of all-compatible drives portfolio

12:32 PM

Relaxo Footwears rallies 3% after revenues rise 9.6% YoY in Q4

Relaxo Footwears posted a 9.6 per cent jump in fourth-quarter revenue to Rs 765 crore on Wednesday, as demand for its shoes and slippers remained strong despite high raw material costs. 

12:19 PM

ONDC to test Zomato's dominance; valuation mark-down likely: Analysts

Zomato may have to compromise on the margins whenever ONDC scales up. Its valuation multiples may see up to 15 per cent correction, analysts said. READ MORE

12:08 PM

Gujarat Gas surges 6% on healthy Q4 results, turnaround in sales volume

The company's long-term volume growth prospects remain robust with the addition of new industrial units, and expansion of existing units, said Motilal Oswal Financial Services. READ MORE

11:55 AM

MSCI rejig: Adani Transmission, Adani Total Gas may see outflow of $206 mn

Shares of Adani Transmission and Adani Total Gas had hit their respective lower circuit filter of 5 per cent on Monday, after MSCI said it would reduce their weights in its indices. READ MORE

11:44 AM

Sagar Cements rallies 4% after total income climbs 59% YoY in Q4

Sagar Cements has reported a consolidated net profit after tax of Rs 97.98 crore for Q4FY23 as against a loss of Rs 19.15 crore last year. The company's consolidated total income stood at Rs 802.58 crore, up around 59 per cent on year.

11:30 AM

GCPL up 1% after it posted 24.5% YoY PAT in Q4FY23

The FMCG company posted a profit after tax (PAT) of Rs 452 crore for the March quarter, up 24.5 per cent as compared to Rs 363 crore in the year-ago period. Revenue grew 9 per cent YoY, while Ebitda jumped 37 per cent. 

11:17 AM

PSU Banks upbeat in trade: Central Bank, UCO Bank rise up to 2%

11:00 AM

Dr Reddy's Labs sinks 7% on disappointing Q4 operating performance

In Q4, the company's North America's revenue declined 17 per cent QoQ to Rs 2,530 crore, due to fluctuations in demand for new launches. READ MORE

10:51 AM

NCLAT to hear SMBC Aviation's plea against NCLT order on Go First today

The National Company Law Appellate Tribunal (NCLAT) will today hear the plea filed by aircraft lessor SMBC Aviation Capital Ltd challenging the National Company Law Tribunal's (NCLT) order allowing the insolvency of Go First. READ MORE

10:38 AM

Gold price rises Rs 280 to Rs 62,130, silver falls Rs 100 to Rs 78,000

Gold price rises Rs 280 to Rs 62,130, silver falls Rs 100 to Rs 78,000. READ MORE

10:31 AM

Vodafone Idea expected to come up with revival plan within a month: Report

In an interview, telecom secretary K Rajaraman said that the return of Kumar Mangalam Birla, chairman of Aditya Birla group, to the board of the ailing telco is a 'positive step' READ MORE