Sensex plunges 901 pts, Nifty nears 18,850 as sell-off enters 6th day

Closing Bell on October 26, 2023: In the broader market, the BSE MidCap index shed 0.94 per cent, and the BSE SmallCap index fell 0.19 per cent

9:02 AM

Currency alert: Rupee opens 1 paise weaker at 83.20/$

8:58 AM

Watch: Should you buy stocks of oil explorers as crude prices rise?

8:54 AM

Hotel industry to clock double-digit revenue growth in FY24: Report

"Hotel-specific demand would, however, depend on location, competition, and other property-related dynamics," ICRA Vice President and Sector Head Corporate Ratings Vinutaa S said. Read

8:51 AM

Market may remain under pressure amid slew of headwinds, say experts

Experts cite record high US bond yields, geo-political uncertainties, earnings disappointments as key concerns. Read

8:47 AM

Sebi orders defreezing of bank, demat accounts, MF folios of Rana Kapoor

Capital markets regulator Sebi has ordered the defreezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank. Read

8:43 AM

SR Batliboi, an Adani Group auditor and EY member firm, faces NFRA inquiry

The National Financial Reporting Authority, or NFRA, has in recent weeks started an inquiry into one of the member firms of EY in India. Read

8:39 AM

Alphabet shares slump over 8% as cloud unit services misses estimates

As Google's dominant search business matures, investors are looking to the cloud unit to take the lead on growth. The unit reported operating income of $266 million, missing estimates of $434 million. Read

8:35 AM

Microsoft sales top forecast, bolstered by cloud-computing growth

The shares climbed as high as $351.95 in extended trading following the report, after closing at $330.53 at the close in New York. Read

8:31 AM

Essar plans to make Saudi Arabia regional hub to drive expansion locally

Saudi Arabia has been trying to shift its economy away from oil and is aiming to manufacture more than 300,000 cars annually by 2030. Read

8:27 AM

Kotak Mahindra Mutual Fund launches Consumption Fund for investors

An open-ended scheme that will invest in equity, equity related securities of firm s engaged in consu­mption and consumption related activities. Read

8:23 AM

Festival season to bring some cheer to economy, say economists: Poll

Indian consumer spending during this year's festival season will be slightly better than in 2022, said economists polled by Reuters, but probably not enough to ramp up the speed of what is already the world's fastest-growing major economy. Read

8:18 AM

Rupee ends flat at 83.19/$ on Wednesday

8:14 AM

DIIs buy shares worth Rs 3,569 crore on Wednesday

8:10 AM

FIIs sell Rs 4,327 crore of shares on Wednesday

8:06 AM

Buy Nifty PSU Bank at this support; Nifty FMCG strategy eyed in this range

As per Ravi Nathani, adopting a buy-low, sell-high strategy for Nifty FMCG within the established range is the most prudent course of action. Read