Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%

Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.

4:17 PM

Closing view: Fall in crude boosts appetite for consumer, chemicals, OMCs

Softening crude oil prices, FIIs repositioning to net buyers and strong business data from lenders tempered optimism in domestic equities.

Crude prices fell over recessionary fears, however, the fall has boosted the appetite for consumption, chemicals, logistics and OMCs as it will reduce the cost burden of these sectors.

Views by Vinod Nair, Head of Research at Geojit Financial Services.

4:14 PM

Patel Engineering sheds 3% as reports say CBI raids MD, employees' offices

 

4:12 PM

Rupee ends at 79.30/$ against previous close of 79.37/$

Photo: Bloomberg

4:09 PM

Vishnu Chem rises 3% even as Ashish Kacholia cuts stake by 0.8% in Q1

 

4:07 PM

FMCG stocks rally as govt asks edible oil cos to reduce prices further

 

4:04 PM

Maruti to launch new SUV on July 20; soars 3.5%

 

4:01 PM

Havells gains 3%; starts Rs 400 crore Sri City AC unit plan

 

3:59 PM

Nifty Auto, FMCG leads sectoral gains, up 2.6%; oil & gas sole loser

 

3:54 PM

Broader markets close firmly higher; MidCaps outshine

 

3:50 PM

Nifty losers: ONGC sheds 5%; Hindalco, PowerGrid other drags

 

3:49 PM

Nifty winners: Britannia, Eicher Motors additional gainers

 

3:48 PM

Sensex Heatmap: Bajaj twins, HUL, Maruti lead upmove; RIL slips

 

3:46 PM

Closing Bell: Nifty closes tad below 16K; 10 of 50 shares end in red

 

3:45 PM

Closing Bell: Sensex ends near day's high; soars 617 pts

 

3:30 PM

DGCA show cause notice to SpiceJet following spate of aircraft incidents

Three incidents on Tuesday alone; airline is operating on cash-and-carry basis and vendors aren't being paid regularly, leading to shortage of spares and frequent invocation of minimum equipment list. Read more

3:16 PM

India's export curbs, tax hike to exacerbate global diesel, petrol shortage

India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline exports in the second half of the year. Read here

3:05 PM

US futures off day's low, hold tepid losses ahead of US Fed minutes

 

2:54 PM

Irdai permits general insurers to add tech-led add-ons in Motor OD cover

Insurers can introduce concepts such as "pay as you drive", "pay how you drive", and floater plans under motor own-damage policies. Read here

2:43 PM

ED issues notices to CoinSwitch, CoinDCX; seeks info under FEMA case

A few firms, including CoinSwitch and CoinDCX dealing in cryptocurrency have been asked by the Enforcement Directorate (ED) to submit some documents in connection with an ongoing case of the FEMA. Read here

2:33 PM

Biocon Biologics' antibody drug unit in Bengaluru gets EU GMP certificate

Approval comes from Irish health regulator, which had flagged some deficiencies in the manufacturing process iin May. Read more

2:23 PM

Global update: European markets edge higher in early trade

 

2:13 PM

Residential sales hit 9-year high in the first half of 2022: Knight Frank

The rise in sales is despite the overall prices of residential property rising over time. Prices, according to Knight Frank, increased across all markets in the range of 3 per cent - 9 per cent YoY. Read here

2:04 PM

SPICEJET: DCGA issues show cause notice; says airline failed to establish safe services

1:52 PM

Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results

The company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity. Read here

1:39 PM

BSE 500:: Volume Shockers

CEAT has witnessed unusually high volume of around 1.81 lakh shares so far on the BSE as against its five-day average volume of around 3,500-odd shares. Similarly, PowerGrid Corporation, Brightcom Group, Container Corporation and Responsive Industries have also witnessed a significant spike in volume in trades on Wednesday.

1:30 PM

S&P BSE Sensex 30 Heatmap:: Bajaj twins, Maruti, Titan shine

1:20 PM

BS Special: 5 things to know before you choose your online broker

Good returns in the last few years brought new investors to the markets. To ensure that your money is safe, choosing the right brokerage is the key. Find out the qualities of a good online broker. WATCH VIDEO 

1:14 PM

Asian Markets Update:: Major markets tank over 2 per cent each

Source: Yahoo Finance

1:09 PM

Tube Investments hits 6 month-high; zooms 29% in 2 weeks on strong outlook

Tube Investment's'diversified approach to de-risk from auto sector and concentrate more on other industrial segments (like railways & powers through the inorganic form) to support long-term revenue visibility. READ MORE

12:59 PM

BSE 500:: Stocks recovering smartly from the lows of the day

Responsive Industries has soared nearly 9 per cent from its low of the day so far. Similarly, Saregama India, Kansai Nerolac, Tube Investments and CEAT were some of the other significant movers from the lows of the day on Wednesday.