Sensex falls 260 pts, Nifty nears 18,650; Adani Ent crashes 7%, RIL, SBI 1%

Closing Bell on June 23, 2023: Among sectors, the Nifty Metal index fell 2.5 per cent, followed by the Nifty Media index (2.13 per cent), the Nifty IT index (0.89 per cent)

9:33 AM

Fortis Health slips 1% on plans to sell Vadapalani hospital business operations

9:27 AM

Adani Enterprises, Adani Ports, BPCL top Nifty50 laggards

9:26 AM

Asian Paints, Dr Reddy's, ICICI Bank top Nifty50 gainers

9:24 AM

SENSEX HEATMAP | Only 5 out of 30 index counters advance in green

9:22 AM

All sectors plunge in the sea of red; Nifty Metal index the most hit

9:21 AM

Midcap, smallcap indices decline up to 0.7%; India VIX jumps 1%

9:19 AM

OPENING BELL | Nifty50 opens below 18,750 levels, down 66 points

9:18 AM

OPENING BELL | Sensex opens at 63,101 levels, down 100 points

9:13 AM

Comment :: 'All three primary asset classes are into play right now'

At the current time, all three primary asset classes namely equity, fixed income, and gold are into play. However, selective exposure within these asset classes can generate better returns.

As per them, select small and mid-caps can outperform as the valuation gap with larger peers closes. Emkay Wealth prefers structural growth companies over cyclical ones as the peak of the commodity cycle is behind us.

Views by Emkay Wealth Management

9:09 AM

PRE-OPEN SESSION | Nifty50 trades flat below 18,750 levels

9:07 AM

PRE-OPEN SESSION | Sensex trades over 50 points lower at 63,144

9:05 AM

Rupee opens at 82.05/$ as against previous close of 81.93/$

8:59 AM

ALERT :: Man Infra receives Letter of Acceptance for project worth Rs 680 crore

>> Project has been bagged from Bharat Mumbai Container Terminal Private Limited (BMCTPL) for execution of Phase 2 Infrastructure Works at Fourth Container Terminal of JNPT

8:55 AM

ALERT :: Orchid Pharma launches QIP at a floor price of Rs 425.19 per share

8:51 AM

ALERT :: Aether Industries raises funds via QIBs

>> Board has approved the issue and allotment of 8.01million equity shares to 36 qualified institutional buyers at the issue price of Rs 936.00 per equity share (including a premium of Rs. 926.00 per Equity Share), aggregating to Rs 750 crore.

>> The Issue opened on June 19, 2023 and closed on June 22, 2023.