Stock Market Highlights, June 21: Indian bourses settle lower; Nifty holds 23,500

Stock market Highlights on Friday, June 21: On BSE, Bharti Airtel, Infosys were among the top gainers while UltraTech Cement and L&T were among the top laggards

2:14 PM

Bankers back BPCL Rs 32k cr loan, cautious on Vodafone Idea's Rs 23k loan

Bankers sentiments differ on loans sought by state-backed oil giant BPCL and telecom major Vodafone Idea, which cumulatively amount to Rs 55,000 crore. READ MORE

2:05 PM

Railway stocks in focus; RailTel, RVNL, Texmaco, RITES zoom up to 13%

The Indian Railways' fast-track approach and the government's push for Atmanirbhar Bharat have catalysed to chart new frontiers. READ MORE

1:54 PM

ULIPs should not be advertised as 'investment products', says IRDAI

Insurers will have to specifically state that market-linked insurance plans are different from traditional endowment policies and carry risks. READ MORE

1:47 PM

Gravita India soars 15% amid heavy volumes on healthy outlook

Shares of Gravita India hit a new high of Rs 1,581, as they soared 15 per cent on the BSE in Friday’s intra-day trade amid heavy volumes in an otherwise weak market. The buying at the counter was attributed to a healthy business outlook shared by the company. In the past 12 trading days, the stock of one of the largest recycling companies in India has zoomed 72 per cent from a level of Rs 917 touched on June 4. READ MORE

1:35 PM

Zerodha faces another tech snag; users complain for losing money in trades

Zerodha’s broking platform experienced a complete freeze for a short period on June 21 causing significant issues for traders. READ MORE

1:27 PM

India's biz activity grows faster in June, job creation at 18-yr high: PMI

The manufacturing index showed bigger gains to 58.5 from 57.5 in May while the dominant services industry's reading rose slightly to 60.4 this month from 60.2. READ MORE

1:23 PM

Persistent Systems shares jump 5% on Rs 10 dividend announcement

Persistent Systems shares rise:Shares of IT company Persistent Systems climbed as much as 5.27 per cent to hit an intraday high of Rs 4,101.65 per share on Friday.  READ MORE

1:08 PM

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days

In the derivatives segment, stocks such as India Cement, GMR Infra, Chambal Fertilizers seem to have witnessed long unwinding in recent trading sessions owing to the sharp rally in share prices. READ MORE

12:56 PM

Securitisation volumes back to historic high after HDFC twins' merger

Did you know securitisation volumes in FY24 are back to record highs of Rs 1.9 trillion, last seen in the two financial years before the pandemic. Securitisation is a process through which lenders sell the right to receive future payments from borrowers to a third-party and obtain a consideration for it much before the actual maturity of the original loans. READ MORE

 

12:48 PM

Stock Market LIVE updates: Sensex at day's low, down 400 pts; Nifty below 23,500

12:42 PM

Investors beware! Four risks that can trigger a stock market correction

The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note. READ MORE

12:32 PM

ALERT :: CAMS increases non-MF biz guidance to 30% from 20% in Q4FY24

>> Also revises margin band guidance

12:21 PM

ALERT :: Hindustan Zinc, US-based AEsir Technologies join hands to develop Zinc batteries

>>  Under this MoU, Hindustan Zinc will be the preferred supplier of zinc, a key raw material for AEsir Technologies' next-generation batteries.

 

12:12 PM

IPO Update : Stanley Lifestyle IPO subscribed 45% so far on day 1

12:00 PM

ALERT :: Mrs Bector Foods approves fund raise of Rs 400 crore