F&O expiry: Nifty holds 16,800, Sensex dips 188 pts day ahead of RBI policy

CLOSING BELL: ITC, Dr Reddy's Labs, Tata Steel, Sun Pharma, M&M, NTPC, and Nestle India were the top large-cap winners, while Asian Paints, Tech M, Wipro, TCS, Titan, Kotak Bank sank

4:10 PM

Rupee closes marginally higher against US dollar, RBI intervention seen

The rupee had opened higher at 81.61, but was not able to sustain the gains on dollar buying by foreign banks and oil companies. READ MORE

4:08 PM

GLOBAL CHECK | European markets plunge on weak global cues

4:06 PM

GLOBAL CHECK | US equity futures fall: Dow Futures down 200pts

4:01 PM

MARKET COMMENT: Vinod Nair, Head of Research at Geojit Financial Services

The initial upticks of the domestic market were short-lived due to its weak global peers and declining rupee. As the yield differential between India and the US fell to a multi-year low of 348 bps, foreign investors are still departing from the Indian market. Amid the ongoing global trend of aggressive rate hikes, markets are braced for a 50 bps increase by RBI. Investors eagerly await the central bank’s intervention to aid bank liquidity, curb currency depreciation, and provide updates on its monetary stance & GDP outlook.

3:55 PM

Cipla, Cochin Shipyard among stocks that hit 52-week high

3:53 PM

Asian Paints, Hero Moto, Tech Mahindra top Nifty50 losers

3:50 PM

Shree Cement, ONGC, Hindalco top Nifty50 gainers

3:47 PM

Broader markets outperform benchmark; India VIX slips 3%

3:44 PM

Nifty PSU Bank, Nifty Media, Nifty Pharma climb over 1%

3:40 PM

SENSEX HEATMAP: 14 out of 30 index constituents in green

3:37 PM

CLOSING BELL: Nifty50 closes below 16,850 levels

3:34 PM

CLOSING BELL: Sensex extends slide to seven days, down over 150 points

3:25 PM

Global markets :: Italy Producer Price Index soars 50.5% YoY

⚠️BREAKING:

3:15 PM

Reliance's retail unit launches its first in-house fashion store Azorte

Reliance Industries Ltd's retail unit launched its first in-house premium fashion and lifestyle store, as the billionaire Mukesh Ambani-led company continues to enter India's luxury market. READ MORE

3:11 PM

Increased construction activity to balance cement demand: India Cements

The Centre and southern states were expected to retain their thrust in giving a push to housing and infrastructure projects leading to cement demand to remain on track. READ MORE

3:01 PM

RBI policy: How inflation, repo rate and demand are linked to each other

The Reserve Bank of India (RBI) announces its monetary policy at least four times a year, once each quarter. Currently, it announces its policy once every two months. Through its monetary policy intervention, the central bank controls the "demand" side of the economy to keep inflation in check. READ MORE

2:54 PM

BSE 500:: Prism Johnson, AU Small Finance, SPARC among volume shockers

Prism Johnson has witnessed unusually high volume of around 7.55 lakh shares on the BSE so far as against its five-day average volume of around 26,500 shares. Similarly, AU Small Finance Bank, SPARC, Sundaram Fasteners and ICICI Prudential Life Insurance also witnessed a significant spike in volume in trade on Wednesday.

2:46 PM

BSE 500:: Top losers so far

Aarti Industries down nearly 6 per cent was the major loser among the BSE 500 stocks so far. Asian Paints, Dr Lal Pathlabs, Intellect Design and ITI were the other prominent losers.

2:38 PM

US economy, geopolitics: Factors that could roil markets next quarter

Latest bout of correction notwithstanding, the benchmark Nifty 50 index is set for its best quarterly show in one year. With one trading session left, the Nifty is currently up 7.5 per cent in the third quarter of 2022. The index had gained 15 per cent during the quarter, but it has given up nearly half of the gains as the surging US dollar and Treasury yields have triggered turmoil in risky assets. Volatility is expected to continue during the last quarter of the calendar. READ MORE

2:28 PM

NEWS ALERT :: 6-air bag rule deferred till Oct 1, 2023

2:26 PM

Global Check:: US, UK stock futures deep in red; decline up to 2%

Source: Investing.com

2:16 PM

Reliance Industries' stock hits over 6-month low; slips 7% in one week

Shares of Reliance Industries (RIL) hit an over six-month low of Rs 2,315.55 on the BSE in Thursday's intra-day trade, as the stock price of the company fell 7 per cent during the past week. In comparison, the S&P BSE Sensex was down 4.6 per cent during the same period. READ MORE

2:07 PM

BSE 500:: Stocks falling notably from the highs of the day

Aarti Industries and Sheela Foam have shed 7 per cent each from their respective highs of the day so far. Tata Investment Corporation, RBL Bank and Intellect Design have lost notable ground in intra-day trades on Thursday.

1:56 PM

Sebi bans The Apex Global, its proprietor from markets for 4 years

Market regulator Sebi has barred The Apex Global and its proprietor Yadunath Singh Thakur from securities markets for four years and directed them to refund money collected from investors through unauthorised investment advisory services. READ MORE

 

1:47 PM

Oil prices drop again after rebound as dollar strengthens, demand weakens

Oil prices fell on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand and concerns over the faltering global economic outlook clouding market sentiment. READ MORE

1:38 PM

Sensex 30 Heatmap:: ITC, pharma shares shine; Asian Paints, IT stocks decline

1:30 PM

Global Check:: Nikkei, Taiwan hold on to gains; Hang Seng, China slip into red

Source: Yahoo Finance

1:21 PM

Depleting forex reserves making India vulnerable? Not really, say experts

A debate has been going on over the depletion of foreign exchange (forex) reserves. While many have cautioned against reducing reserves, the finance ministry had said the concerns are "overblown." READ MORE

1:12 PM

BSE 500:: Top gainers so far

SPARC has soared 10 per cent and was the top gainer among the BSE 500 stocks so far on Thursday. It was followed by Mazagon Dock, Esab India, Rites and Poly Medicure, up 5 - 6 per cent each.

1:00 PM

Market Check:: S&P BSE Sensex slips into red, down over 100 points