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

9:06 AM

PRE-OPEN SESSION: Nifty50 trades above 18,350, up over 50 pts

9:02 AM

CURRENCY ALERT: Rupee opens 4 paise stronger at 81.95/$

8:59 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

 

8:54 AM

Charts exhibit bearish trend for Nifty Realty, Pharma indices in near-term

By booking profits and staying away from the market, investors can avoid potential losses and capitalise on future price fluctuations that may occur, said Ravi Nathani. READ

 

8:50 AM

Stocks to Watch on May 11: L&T, DRL, Adani Group, Asian Paints, Hero Moto

Hero MotoCorp: Hero Electric and Okinawa Scooters, the two firms that allegedly didn’t comply with localisation norms to claim subsidy under the FAME II scheme, have told the Centre that they have not breached any guidelines, according to a Business Standard report. 
 

KPI Green Energy: The company as received a new order of 35 MW capacity Solar Power Plant under Captive Power Producer (CPP) Segment, in lieu of the previous order of 33 MW capacity Solar Power Plant under CPP Segment.

 

Bajaj Electricals: A meeting of Board of Directors is scheduled on May 23 to consider and approve a proposal for raising of funds by way of issuance of securities on a private placement basis. The Board will also approve financial results for the March quarter of FY23 (Q4FY23) and dividend, if any. READ

8:47 AM

Govt exempts customs duty on imports of crude soyabean oil & sunflower seed oil

source: CNBC-TV18

8:42 AM

SGX Nifty hints at positive start for Nifty at 18,400

8:39 AM

Brent Crude tests $77 per bbl mark with slight uptick

8:36 AM

Adani Enterprises, Adani Transmission, Adani Green boards to meet May 13 to consider fund-raise

The board of directors of Adani Enterprises, Adani Green Energy and Adani Transmission are meeting on May 13 to consider and approve the proposal of raising of funds by way of issuance equity shares or any other eligible securities. 

8:30 AM

DIIs pull out Rs 789.7 crore from cash market Wednesday

8:25 AM

FIIs pump in Rs 1,833 crore in cash market Wednesday

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8:21 AM

China April inflation up 0.1% YoY; slowest pace of increase since Feb 2021

Estimates had accounted for a 0.3 per cent increase.

8:14 AM

S&P500, Dow, Nasdaq futures trade with an uptick

8:09 AM

US inflation rises 4.9% YoY in Apr, lowest in 2 years

US April CPI rose 4.9 per cent from a year-ago, but this was the first time it dipped below 5 per cent since April 2021. The CPI growth was below expectations. 

8:05 AM

Asian markets subdued; Hang Seng pares gains post China CPI