Sensex sheds 106pts amid volatility; Tata Steel cracks 7%, HUL gains 3%

The BSE Midcap and Smallcap indices ended with heavy losses of over 2 per cent each. Debutant Rainbow Children's Medicare ended a steep discount of 17 per cent to its issue price.

4:08 PM

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

A weakening rupee despite forex swaps by the Central Bank failed to lift IT stocks even after good deal wins and management commentary post-earnings. FMCG stocks saw investor interest today as Bulls attempted to halt the famous adage - Sell in May & Go Away. The Metal Index however played spoilsport for the Bulls and dropped over 5% today in Afternoon Trade led by Aluminium and Steel. The indices in no way represented the damage done today in the broader markets with the Advance-Decline ratio describing the weak undertone.

4:05 PM

European markets edge higher in trade

4:04 PM

US equity futures trade on a positive note

4:00 PM

Closing bell: Over 2,400 stocks declined whereas 883 advanced

3:55 PM

Closing bell: Sugar stocks edge lower; Dhampur Sugar tumble over 10%

3:53 PM

Closing bell: Adani Group stocks bleed; Adani Transmission slips over 8%

3:50 PM

Closing bell: Energy basket inches lower; Adani Green slips over 7%

3:47 PM

Closing bell: Coal India, Tata Steel, ONGC top Nifty 50 laggards

3:45 PM

Closing bell: HUL, Asian Paints, IndusInd Bank top Nifty 50 gainers

3:43 PM

Closing bell: Broader markets tepid; India Vix gains over 1%

3:40 PM

Closing bell: Nifty Metal worst sectoral performer

3:38 PM

Closing bell: Banks, FMCG stocks in fast lane

3:34 PM

Closing bell: 10 out of 30 Sensex stocks close in positive territory

3:33 PM

Closing bell: Nifty 50 sinks below 16,250 levels

3:32 PM

Closing bell: Sensex closes lower by over 100 points

3:26 PM

Tata Steel slips 10% in 5 days post March quarter results

With the recent fall, the stock has corrected 24 per cent from its 52-week high level of Rs 1,534.60 that it had touched on August 16, 2021. READ MORE HERE

3:03 PM

Higher coal imports may push power supply cost for discoms by 4.5- 5%: Icra

The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per cent in 2022-23, Icra said on Tuesday. Read here

2:55 PM

Ajanta Pharma posts 5% decline in PAT, margins fall; stock slips 4%

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2:48 PM

Markets regulator Sebi probes Schroders' $32 bn India partner Axis AMC

Indian equity mutual funds have lured billions of dollars in inflows over the last couple of years amid a retail-investing boom. Read here

2:39 PM

Mayhem in crypto market as Bitcoin dips below $30,000-mark, investors panic

The overall global cryptocurrency market dropped 13 per cent, and was hovering around $1.37 trillion market cap, which is its lowest this year. Read more

2:30 PM

BS PODCAST: Should recent events at Axis Mutual Fund worry India's retail investors?

India’s seventh biggest mutual fund house, Axis Mutual Fund, suspended two fund managers last Friday pending the completion of an investigation it has been conducting over the last two months. Check here

2:19 PM

Sun Pharma slips over 2% after USFDA issues observations for Halol facility

In the past five days, the stock has fallen over 5 per cent. In comparison, the S&P BSE Sensex declined 3.75 per cent during the same period. Read here

2:08 PM

This stock has zoomed 174% in 21 days after reversal of trade suspension

Shares of Kohinoor Foods were locked in upper circuit for the 21 straight trading days, up 5 per cent at Rs 21.30 on the BSE. Read here

1:59 PM

European markets rebound; trade firmly in green

source: finance.yahoo.com

1:45 PM

WATCH BS SPECIAL: Power stocks build momentum amid India's energy crisis

Stocks of power companies rise in tandem with the soaring mercury. But the sector is grappling with low coal inventories. Will the situation worsen amid high power demands? Should investors bet on it? WATCH

1:29 PM

SBI raises interest rate on bulk term deposits by 40-90 basis points

Deposits of Rs 2 crore or above for 5-10-year tenor and 3-5 year tenor will fetch an interest rate of 4.50 per cent as against 3.60 per cent earlier, a hike of 90 bps, according to SBI's website. READ MORE

1:22 PM

US market Update:: Futures trade with notable gains

Source: Investing.com

1:13 PM

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

Adani Transmission has tumbled nearly 8 per cent from its high of the day. Similarly, TTML, Minda Corp and Godrej Agrovet too have declined over 7 per cent from their respective highs so far.

1:07 PM

Dabur hits 52-week low; slips 10% in one week on disappointing Q4 results

The company's revenue growth was impacted by the slowdown in rural demand. While the rural overhang will continue in H1FY23, with good monsoon predictions, rural demand can improve in H2FY23. READ MORE

12:59 PM

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

Brightcom Group has gained more than 10 per cent from the lows of the day. Finolex Industries, GNFC, Minda Industries and ABB too have gained considerable ground from their respective lows of the day so far.