Sensex sinks 434 pts in fag-end, Nifty holds 22,050; ZEE tanks 14%

Stock market highlights on February 21, 2024: In the broader markets, the BSE MidCap index fell 1.27 per cent, while the BSE SmallCap index declined 0.84 per cent

10:30 AM

Market check:: Sensex slips into red, down 70 points

10:22 AM

Zee Entertainment sinks 14% amid report of Rs 2,000-cr fund diversion

Bloomberg reported that market regulator Securities and Exchange Board of India (Sebi) has found a hole of more than $240 million in the accounts of ZEE. READ MORE

10:09 AM

Paytm hits another 5% upper cirucit; Co doubling down on banking partnerships

One97 Communications, the operator of the Paytm brand, is intensifying its focus on partnerships with banks to transfer its Bharat Bill Payment System (BBPS) from Paytm Payments Bank (Paytm PB) and concentrate on acquiring new merchants through these collaborations, according to people close to the development. READ MORE

 

9:59 AM

TVS Supply Chain Solutions slips 2%; Co extends deal with Rolls-Royce for 5 years

TVS Supply Chain Solutions (TVS SCS) on Tuesday announced that their contract with Rolls-Royce, a global leader in technology and innovation, has been extended for five years until 2029. The partnership extension is for the state-of-the-art Parts Distribution Centre (PDC) in Singapore serving the Asia Pacific markets for Rolls-Royce’s Power Systems business unit.

9:52 AM

Market check:: Breadth fairly positive; 189 stocks log fresh 52-week high

9:44 AM

BSE SmallCap Heatmap:: GOCL Corp, Campu Activewear soar 11%; Zee Media down 7%

9:37 AM

BSE MidCap Heatmap:: NIACL, GIC RE zoom over 6%; Zee plunges 10%

9:29 AM

Broader market check:: SmallCaps seen outperforming MidCap and benchmark Nifty in early deals

9:25 AM

Sensex Heatmap:: JSW Steel, M&M gain up to 2%; Infosys slips

9:23 AM

ALERT :: Nifty nears 22,250 in opening deals, now up 15 pts

9:20 AM

ALERT :: Sensex up 140 pts in opening deals

9:07 AM

ALERT:: Sensex up 200 pts in pre-open deals; Nifty near 22,250

 

9:00 AM

WATCH | Is it time to be cautious in CPSE stocks?

8:56 AM

Another blow to Zee Entertainment: Sebi uncovers $241 mn accounting issue

The amount found missing is not final and may change after Sebi reviews the responses from the company executives, the people said. The regulator has been calling in senior officials at Zee including founders, Subhash Chandra, his son Punit Goenka and some board members to explain their stance, they added. READ MORE

8:51 AM

Byju's investors call for EGM on Friday to oust founder, family members

Earlier this month, South Africa's Prosus, Peak XV Partners (formerly Sequoia Capital), General Atlantic, Sofina, The Chan Zuckerberg Initiative, Owl Ventures, and Sand Capital issued a joint statement seeking change of guard at the company. READ MORE