Sensex sinks 505 pts, Nifty gives up 19,350 amid global weakness; PSBs soar

Closing Bell on July 7, 2023: PowerGrid, IndusInd Bank, HUL, NTPC, Bajaj Finance, HCL tech, Tech M, L&T, Asian Paints, ICICI Bank, ITC, Kotak Bank, Infosys, and HDFC twins declined up to 3 per cent

3:39 PM

Nifty 50 Gainers:: Only five gainers; SBI ends flat

3:38 PM

Nifty 50 Losers:: Adani Ports, PowerGrid dip up to 3%; six more decline more than 2%

3:36 PM

Sensex 30 Heatmap:: 4 Gainers v/s 26 Losers

3:35 PM

CLOSING BELL:: NSE Nifty50 snaps 8-day winning run; ends 165 pts lower at 19,332

3:33 PM

CLOSING BELL:: S&P BSE Sensex hits fresh high at 65,899; reverses course, and sheds 505 pts to end at 65,280

3:25 PM

Global Check:: US stock futures flat; UK marginally up

Source: Investing.com

3:21 PM

ALERT :: Zerodha faces tech glitch related to BFO segment

3:17 PM

Sebi unveils new disclosure framework for issuers of debt securities

Markets regulator Sebi has notified rules for introducing the concept of general information and key information document to avoid multiple filings of documents by issuers of debt securities. READ MORE

3:09 PM

RBI looking to enhance fintech regulations, says Dy Guv T Rabi Sankar

The central bank has been monitoring the fintech space lately to ensure financial stability and mitigate risks related to cybersecurity and prevent fraud. READ MORE

3:00 PM

Market Check:: Zee Entertainment zooms 10% on strong volume

2:53 PM

ALERT:: JLR sales rose by 30% YoY in Q1; Tata Motors gains 2%

JLR today reported 30 per cent year-on-year (YoY) growth in Q1FY24 wholesales to 93,253 units, excluding China. Retail sales also grew by 29 per cent YoY to 101,994 units.

2:43 PM

ALERT:: Ugro Capital to issue CPs worth Rs 25 crore

Ugro Capital board has approved issue of commercial papers (CPs) to the tune of Rs 25 crore for a period of 183 days.

2:32 PM

India's El Nino silver lining: Resilience to poor rainfall improving

Agriculture's role in the economy has reduced over the decades, easing impact of 'climatic shock'. READ MORE

2:23 PM

Olectra Greentech zooms 15% to hit an all-time high on new order win

So far this calendar year (CY23), shares of Olectra has rallied over 144 per cent, as against 8 per cent rise in the S&P BSE Sensex. READ MORE

2:12 PM

Tomatoes now at Rs 250 per kg in Gangotri Dham, Rs 180 to 200 in Uttarkashi

Many attributed the sharp rise in the vegetable prices to the prevailing heatwave in key tomato-growing areas, as well as heavy rains, leading to a disruption in supply chains. READ MORE