RIL, HDFC Bk drag Sensex 115pts, Nifty holds 17,450; indices up 19% in FY22

CLOSING BELL: Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy's Labs, and Cipla

4:08 PM

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

Markets remained rangebound throughout the day as the benchmark Nifty hovered within 100 points range. However, the bais may continue to remain positive over the near to short term. On the higher end, the index may move towards 17650, whereas support is visible at 17300.
 

4:07 PM

Market view: S Ranganathan, Head of Research at LKP Securities

Even as markets ended the last day of the financial year in a rather quiet mood, it has delivered a 19% return this year on the Nifty with two sectoral indices - Metals & Media returning over 50% this year. On the broader market as well, both the Midcap-100 & the Smallcap-100 delivered over 25% return this year. Such returns in a year when FPI's have pulled out big money highlights the confidence of the Indian Investor amidst a slew of headwinds.

4:05 PM

Mild gains seen in US equity futures

4:04 PM

European markets trade on a negative note

4:02 PM

Brent crude cools off to $106 a barrel

3:55 PM

Over 1,100 stocks declined whereas 899 advanced

3:53 PM

ITC posts sharpest monthly rally since November 2020; surges 16% in March

Shares of ITC recorded their sharpest monthly rally in the past sixteen months, surging 16 per cent in the month of March 2022. READ MORE HERE

3:50 PM

Closing bell: Chemical stocks abuzz; TN Petroproducts soars above 12%

3:45 PM

Closing bell: Nifty FMCG best sectoral performer

3:42 PM

Closing bell: Hindalco, Divi's Lab, Apollo Hospitals top Nifty 50 losers

3:40 PM

Closing bell: JSW Steel, M&M, Britannia top Nifty 50 gainers

3:36 PM

Closing bell: Broader markets upbeat; India Vix slips in red

3:35 PM

Closing bell: FMCG stocks crunchy while Pharma bleeds

3:34 PM

Closing bell: 15 out of 30 Sensex stocks close in red

3:33 PM

Closing bell: Sensex closes lower by over 100 points

3:32 PM

Closing bell: Nifty 50 closes flat below 17,500 levels

3:21 PM

Dhanlaxmi Bank jumps over 5% post RBI nod for opening new branches

3:15 PM

Pharma stocks bleed; Nifty Pharma down over 1%

3:07 PM

Paytm starts buy-now pay-later service for train ticket booking via IRCTC

Fintech company Paytm said on Thursday will be able to use its buy-now-pay-later service to buy train tickets from the IRCTC website. READ MORE HERE

2:57 PM

ONGC OFS :: Total issue subscribed nearly 2x so far

2:53 PM

ALERT: Eurozone February unemployment falls to record low of 6.8%

2:46 PM

European markets slip in early deals

source: finance.yahoo.com

2:42 PM

MARKET CHECK :: Sensex at day's low

2:34 PM

Sensex may hit 67,000, Nifty to hit 20,000-mark in FY23, foretell charts

The Indian stock markets have delivered remarkable gains in FY22. Both the S&P BSE Sensex and the Nifty 50 benchmarks soared 33 per cent each recording new historic peaks of 62,225.40 and 18,604.45, respectively. The indices continued to scale higher levels and carry over the bullish sentiment it secured in FY21. READ MORE

2:23 PM

NEWS ALERT :: Voda Idea allots preferential shares worth Rs 4,500 cr

>> The Capital Raising Committee of the Board of Directors has considered and approved the allotment of 3,38,34,58,645 equity shares at an issue price of Rs.13.30 per equity share (including a premium of Rs.3.30 per equity share), aggregating to ~ Rs 4,500 crore

2:13 PM

NEWS ALERT :: Russia is amassing troops for new attacks in the Donbas region, says Ukrainian President

2:11 PM

Nifty Bank turns flat; AU Bank, Bandhan Bank top gainers

 

2:06 PM

Reliance Group in letter defends its takeover of Future Retail stores

The takeover was part of the race to dominate a $900-billion retail sector that set off a bitter dispute in which India's Supreme Court will decide whether Reliance or Amazon.com Inc gets to scoop up Future's assets. READ MORE

1:56 PM

BSE 500:: Top Losers so far today

CSB and Hindalco were the top losers so far today, down over 4.5 per cent each. IPCA Labs, Indian Overseas Bank, Max Healthcare and Westlife were the other prominent losers.

1:45 PM

BSE 500:: Top Gainers so far today

Edelweiss Financial Services has zoomed over 16 per cent and was the top gainer so far today. Adani Power, Birla Corporation, NOCIL and Tata Communications were the other major gainers.