Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%

CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid

4:05 PM

Technical View: Rupak De, Senior Technical Analyst at LKP Securities

The benchmark Nifty witnessed a ranged movement as the consolidation continued for the seventh consecutive day. On the daily chart, Nifty has formed a hammer pattern with the low of the lower wick at 17000. Therefore, 17000 may continue to act as crucial support. On the higher end, resistance remains at 17350. A decisive move above 17330 may induce a directional trend in the market.

4:04 PM

Market view: Vinod Nair, Head of Research at Geojit Financial Services

The current volatility is due to elevated commodity prices and resultant downgrade of future earnings growth. The price of products have been increasing constantly and is expected to increase further in the future, affecting demand and margin. Uncertainties due to rising covid cases especially in China also added to the weakness. While Indian equities showed resilience and bounced back in green following a positive European market. We can expect an ease in this volatility based the cessation of the war, commodity prices and supply constraints.

4:02 PM

European markets trade on a positive note

4:00 PM

Tepid trade for US equity futures

3:57 PM

Rupee closes 7 paise higher against US dollar

3:54 PM

Over 1,400 stocks advanced while 658 declined

3:52 PM

Chemical stocks trade mixed; Gujarat Alkalies surge over 10%

3:47 PM

Closing bell: UPL, SBI Life, Nestle India top Nifty 50 laggards

3:46 PM

Closing bell: Bharti Airtel, Coal India, Axis Bank top Nifty 50 gainers

3:44 PM

Closing bell: Nifty PSU Bank best sectoral performer; Bank of Baroda surges above 3%

3:42 PM

Closing bell: Broader markets muted; India Vix slips below 3%

3:39 PM

Closing bell: IT, pharma stocks under pressure

3:35 PM

Closing bell: 18 out of 30 Sensex stocks close in green

3:33 PM

Closing bell: Nifty 50 closes above 17,200 levels

3:31 PM

Closing bell: Sensex closes in green, up over by 200 points

3:23 PM

PSU banks in demand; Bank of Baroda spikes over 3%

3:15 PM

Market check: Nifty 50 reclaims 17,200 levels

3:14 PM

Market check: Sensex recovers over 200 points

3:02 PM

ALERT: A Delhi Court extends custody of former NSE MD & CEO Chitra Ramkrishna till April 11

2:56 PM

Airlines and 5-star hotels count gains as Indians holiday lavishly

Indians are holidaying lavishly now, spending more on five-star hotels and booking business-class seats as the country emerges from the coronavirus pandemic that restricted travel for two years, according to the South Asian nation’s second-biggest online travel agency. Read here

2:50 PM

Uma Exports IPO fully subscribed on day 1; Retail investor portion subscribed 2.3x so far

The Rs 60-crore initial public offering of agricultural produce and commodities exporter Uma Exports has been subscribed 1.7 times so far on day 1 of offer period. The company's price band is set at Rs 65-68 per share. Check subscription figures here

 

 

2:43 PM

NEWS ALERT: Russia says Putin-Zelensky meet could be counter-productive

2:34 PM

Gail India gains 4% as board to consider share buyback on Thursday

Shares of Gail India jumped 4 per cent to Rs 153.25 on the BSE in Monday’s intra-day trade after the state-owned utilities company announced that its board will consider buyback of shares in its board meeting on Thursday, March 31, 2022. Read more

Photo: Reuters

2:25 PM

MARKET CHECK: Sensex, Nifty flat in late noon deals

 

2:16 PM

European markets firmly higher on Ukraine's readiness for neutral status

source: finance.yahoo.com

2:07 PM

Brent crude cools off to $115 a barrel

1:59 PM

Coal India gains over 3%, says met 98% projected coal demand of power plants

 

1:49 PM

Motherson Sumi Wiring lists after demerger; freezes at 5% lower circuit

Shares of Motherson Sumi Wiring India (MSWIL), the domestic wiring harness arm of erstwhile Motherson Sumi (MSSL), were locked in the lower circuit of 5 per cent at Rs 62.70 on the BSE on Monday at 12:58 pm. READ MORE HERE

1:45 PM

BSE 500:: Top losers this hour

Spandana Sphoorty, Adani Power, Welspun Corp, Phoenix Mills and JM Financial were some of the notable losers at this hour.

1:39 PM

Adani Group picks Google Cloud to boost digital transformation

The Adani Group on Monday announced a multi-year partnership with Google Cloud, as the company aims to move more than 250 business-critical applications to Cloud. READ MORE