Sensex falls 388 pts, Nifty holds 19,350 amid weak global cues; PSBs outrun

Closing Bell on August 17, 2023: On the upside, only the Nifty PSU Bank index (up 1.5 per cent) outperformed the markets

9:31 AM

IRFC sinks 4% amid report of govt's likely stake sale via OFS

>> The Centre is reportedly exploring a stake sale in Indian Railway Finance Corporation (IRFC), Reuters said on Wednesday. The government owns a little over 86 per cent in the funding arm.

9:29 AM

Olectra Greentech gains 3% as govt approves eBus Sewa scheme

>> The union cabinet has approved ‘PM-eBus Sewa’ project for providing 10,000 e-bus across cities. The total cost of the scheme has been pegged at Rs 57,613 crore, out of which Rs 20,000 crore will be provided by the Centre.

9:26 AM

Broader markets largely higher; Mid, SmallCap indices up 0.5%

9:25 AM

Sector check :: Metal index rebounds after two straight days of decline

9:24 AM

Sector check :: More than 50% PSB index stocks in green lef by Punjab Sind, Uco Bank

9:22 AM

Sector check :: 11 of 15 FMCG index stocks down as inflation woes persist

9:21 AM

Sectoral check :: FMCG index down 0.4%, PSB index up 0.5%

9:20 AM

Sensex Heatmap :: Gainers and losers neck & neck; Titan leads from the front, ITC down half a per cent

9:18 AM

Opening Bell :: Nifty slips about 21 points

9:17 AM

Opening Bell :: Sensex starts less than 100 pts lower

9:06 AM

Pre-Open Session :: Nifty down barely 10 points

9:05 AM

Pre-Open Session :: Sensex flat

9:03 AM

CURRENCY ALERT: Rupee weakens by 4 paise to open at 82.99/$

On Monday, rupee had closed at a 10 month low of 82.95/$

8:57 AM

WATCH: Do defence-related stocks have more firepower?

8:53 AM

STOCK ALERT: Ramkrishna Forgings bags Rs 145 cr contract

The company has won the order from a European Original Equipment Manufacturer (OEM).