Sensex falls 216 pts, Nifty holds 18,750; pvt banks, RIL, Adani Ent weigh

CLOSING BELL on June 19, 2023: The BSE Sensex whipsawed 527 points intra-day today

10:55 AM

Largest Indian order: Indigo likely to place an order for 500 planes today

The value of the order, at the list price of these aircraft, will be around $500 billion, but the actual value is expected to be smaller as large orders enjoy heavy discounts.READ MORE

10:42 AM

Markets are pricing in some risks to growth: Julius Baer India's Kulkarni

India has emerged as a favourite destination for investors amid global developments, and the growth prospects here are catching the attention of many, says Unmesh Kulkarni, MD, Julius Baer India READ INTERVIEW

10:32 AM

WATCH :: Are FDs a better bet over equities for next 1 year?

10:25 AM

Shriram Finance jumps 7%, nears 52-week high on heavy volumes

Shares of Shriram Finance surged 7 per cent to Rs 1,500 in Monday’s intra-day trade, amid heavy volumes. The stock of non banking financial company (NBFC) quoted close to its 52-week high level of Rs 1,509, touched on July 25, 2022. READ

10:16 AM

MARKET VIEW: Broad sectoral participation; Mid-and-SmallCap outperformance to sustain

The ongoing rally scaled new closing highs last Friday and is now within sight of a new all-time high, which is 18887 for the Nifty. There are two significant trends in the market now: One, this rally is broad based with the participation of most sectors except large-cap IT. Two, mid and small-caps are outperforming large caps.

This trend is likely to continue in the near-term. The FII buying support to the rally continues with an investment of Rs 7272 crores during the last 4 trading days.

This strong FII buying has strengthened the bulls and made the buy on dips strategy successful. A new all-time high is only a matter of time. The only concern now is the poor performance of the monsoon, so far.

Views by V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

10:08 AM

Everything to know about the Sovereign Gold Bond scheme that opens today

Sovereign gold bonds (SGBs) remain the best way to take exposure to gold due to additional 2.5% per annum interest and no capital gains tax. There are no annual recurring expenses while capital gains. READ

9:59 AM

Titagarh Rail hits new high on positive outlook; stock up 379% in a year

While TRSL is India's undisputed leader in the wagon manufacturing space, now it is also among India's very few integrated manufacturers of passenger rail systems. READ

9:53 AM

PNB Housing Finance up 1%; board to consider raising Rs 5,000 crore via NCDs on June 22

9:50 AM

Axiscades Technologies surges 5% on plan to acquire Add Solution GmbH for Rs 49.3 crore

9:46 AM

JSPL rallies 5% as Kotak Inst Equities upgardes stock to buy; ups TP

Kotak Institutional Equities has upgraded its rating on JSPL to 'buy' with a target of Rs 740 per share. It sees the next 12 months as a transformational period for the company.

9:43 AM

L&T firms up on bagging an order worth between Rs 1000-2500 crore

9:40 AM

Zomato up 3%, Paytm 1% amid reports Softbank looks to book profits via open market

As per a Moneycontrol report, SoftBank is looking to book profits by selling small stakes in Paytm s and Zomato as the new-age stocks rally. 

9:34 AM

HAL rises 2% on reports co to ink pact with GE to co-produce fighter jet engines

9:29 AM

Financial, Pharma indices top winners amid muted moves across sectors

9:27 AM

Broader markets hold relative strength