Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%

NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index

4:15 PM

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

Nifty continues to consolidate in the narrow range as the benchmark index has failed to give any directional movement. Sideways pattern may continue as long as Nifty stays within a tight band of 15800 and 16000 on a closing basis. A decisive breakout on either side may induce a decent move in the direction of the breakout.

4:10 PM

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

Autos & Banks helped Benchmark Indices stay in the green today as rising inflation and its impact on discretionary spending kept investors worried. The broader markets witnessed keen interest in companies likely to post good numbers during the first quarter of the current fiscal. Diagnostic & Pathology firms witnessed profit taking ahead of their Q4 earnings on the back of high competitive intensity.

4:03 PM

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

Continued selling by FIIs as they chase high yield US bonds restricts the Indian market to hold on to its pull-back rally, despite interest from the domestic investors. Weakness in global equities along with the unfavourable global cues led to heavy selling towards the closing hours, as the investors lacked confidence to take forward their positions. The investors are currently on a risk deleveraging phase, hunting for safe-haven investments.

3:58 PM

Closing bell: Over 2,200 stocks advanced whereas 1,165 stocks declined

3:53 PM

Closing bell: HDFC Bank, Hindustan Copper among stocks that hit 52-week low

3:49 PM

Closing bell: Ultratech Cement, Shree Cements, Asian Paints top Nifty 50 losers

3:47 PM

Closing bell: Eicher Motors, Apollo Hospitals, UPL top Nifty 50 gainers

3:46 PM

Closing bell: Midcaps outshine Smallcaps; India Vix rises above 4%

3:43 PM

Sector check :: PSBs lead the rally while IT stocks take a hit

3:41 PM

Sensex Heatmap :: Ultratech Cement ends as top Sensex laggard post Adani's takeover of Holcim India biz

>> Adani Groupwill buy Holcim's stake in Ambuja Cements and ACC, becoming the second biggest cement player in India

3:40 PM

CLOSING BELL :: Nifty holds 15,800

3:39 PM

CLOSING BELL :: Sensex snaps 6-day losing run

3:08 PM

Federal Bank ups MCLR rate by 20 bps across tenures; stock up 2%

source: ET Now

3:00 PM

Bharat Forge consolidated net profit surges 9.3% to Rs 232 crore in Q4FY22

The company had posted a consolidated net profit of Rs 212.12 crore in the same period of the preceding fiscal, Bharat Forge said. Read more

2:53 PM

Earnings Watch: Sun Pharma to announce Q4 results on May 30

source: BSE filing

2:48 PM

Broader markets firmly outperform benchmarks; MidCaps lead

 

2:38 PM

European markets subdued amid weak global sentiment

source: finance.yahoo.com

2:29 PM

Paytm not to acquire Raheja QBE; to apply for new general insurance licence

The agreement was terminated by Paytm Insuretech as the share sale and purchase transaction was not consummated within the time period envisaged by the parties under the agreement. Read here

2:21 PM

Trading strategies in SBI, BoB, Tech Mahindra, DMart post Q4 results

Watch out for these key levels on SBI and Bank of Baroda, while Tech Mahindra and DMart can be avoided for now. Read here

2:11 PM

Vodafone Idea soars 15% on heavy volumes in sharpest intra-day gain of 2022

The debt-ridden telecom operator expects the government to complete conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks, reported news agency PTI. Read here

2:11 PM

S&P BSE Sensex bounces back after an intra-day dip, up 330 points

2:02 PM

BSE Sensex 30 Heatmap:: Maruti, SBI, NTPC shine

1:52 PM

Tata Power bags NHPC's solar project worth Rs 1,731 cr in Rajasthan

The project, which is expected to be completed within 18 months, aims to reduce around 6,36,960 carbon emissions, and is expected to generate approximately 750 million units annually. Read here

1:44 PM

BSE 500:: Volume Shockers

ACC, Fine Organics, Amber Enterprises, Aditya Birla Capital and Capri Global were some of the prominent stocks to witness unusually high volume in trades so far on Monday.

1:41 PM

Jet fuel prices at all-time high with 5.3% hike; 10th increase this year

The price of aviation turbine fuel (ATF) was hiked by Rs 6,188.25 per kilolitre, or 5.29 per cent, to Rs 1,23,039.71 per kl (Rs 123 per litre) in the national capital. Read here

1:35 PM

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

Capri Global has surged nearly 13 per cent from the lows of the day. Macrotech Developers, Avenue Supermart, Eligi Equipments and Balkrishna Industries have gained considerable ground from their respective lows of the day so far.

1:27 PM

Weak global cues to hammer LIC listing? Here's what grey market signals

Shares of LIC were trading at a discount of Rs 15-20 a piece over its issue price of Rs 949 in the grey market ahead of its listing on Tuesday, May 17. READ MORE

1:17 PM

BSE 500:: Top losers so far

Amber Enterprises was locked at the 20 per cent lower circuit. DCM Shriram, Aditya Birla Capital, Affle India and Minda Corp were the other significant losers.

1:09 PM

Global Market Check:: Dow futures down 0.5%

Source: Investing.com

1:00 PM

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

Amber Enterprises has shed nearly 16 per cent in intraday deals so far. Affle India, Ajanta Pharma, Aditya Birla Capital and Hatsun Agro were some of the other stocks to have lost significant ground from the highs of the day.