Sensex drops 715 pts, Nifty holds 17150 in broad-based sell-off; banks sink

CLOSING BELL: SBI, HUL, IndusInd Bank, Axis Bank, Dr Reddy's Labs, Bajaj Finserv, and ICICI Bank fell in the range of 2-3 per cent

4:04 PM

Technical view: Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

The Nifty index witnessed fresh selling pressure at higher levels and closed near the day's low. The bearishness will continue to remain as long as the index stays below the level of 17400. The downside levels of 17000-16800 will act as support and if breached will witness further downside.

4:00 PM

US equity futures trade on a negative note

3:58 PM

Closing bell: Over 1,200 stocks declined whereas 797 advanced

3:54 PM

Closing bell: Adani Enterprises, Adani Wilmar, Adani Power hit 52-week high

3:52 PM

Closing bell: Nifty Bank worst sectoral performer; AU SFB declines over 4%

3:48 PM

Closing bell: Hindalco, SBI, HUL top Nifty 50 losers

3:46 PM

Closing bell: Adani Ports, HCL Tech, M&M top Nifty 50 gainers

3:38 PM

Closing bell: All sectors drown in sea of red

3:36 PM

Closing bell: Only 5 Sensex stocks close in green

3:32 PM

Closing bell: Sensex closes below 700 points

3:31 PM

Closing bell: Nifty 50 closes below 17,200 levels

3:24 PM

STOCK UPDATE :: Nykaa to acquire stake in 3 companies

3:19 PM

Will the RBI's efforts to tame inflation, manage growth fail? UBS thinks so

While the RBI's monetary policy committee kept rates steady in its recent policy review in April, UBS expects the Indian central bank to hike rates starting June 2022. READ MORE HERE

 

3:13 PM

Private InvIT IRB Infrastructure Trust completes Rs 243 crore fund raising

IRB Infrastructure Developers in a statement said that post fundraise, IRB and GIC affiliates will continue to hold 51 per cent and 49 per cent, respectively, in the InvIT. READ MORE HERE

3:04 PM

March Quarter Result :: Hindustan Zinc

>> Consolidated profit: Rs 2,982 crore

>> Consolidated revenue: Rs 8,613 crore

3:04 PM

Sterlite Technologies zooms over 17% amid heavy volume on stake sale buzz

The company's board is scheduled to meet on April 28 to consider a proposal for raising funds. READ MORE HERE

2:57 PM

All sectors drown in negative territory

2:48 PM

CRISIL gains nearly 3% on strong Q1 results

2:40 PM

Sugar stocks defy market mood; Shree Renuka Sugars soars above 10%

2:40 PM

MARKET CHECK :: Sensex tumbles to day's low

2:29 PM

Paint stocks edge lower in trade

2:20 PM

European markets trade on a negative note

2:12 PM

ICICI Bank Q4 due tomorrow; stock slips over 1%

2:03 PM

Nifty Auto gains mildly; Sona Comstar, Maruti Suzuki up over 1%

1:55 PM

Want to beat inflation? Hedge your portfolio with exposure to gold

Stock investors must avoid highly leveraged companies and those trading at steep valuations to beat inflation. READ MORE HERE

1:48 PM

Hero Electric joins hands with women-only delivery platform Even Cargo

Hero Electric on Friday said it has joined hands with Even Cargo, the country's first women-only delivery platform, to strengthen the last-mile delivery segment. READ MORE HERE

1:40 PM

Govt plans to raise nearly Rs 30,000 crore through mega LIC IPO

The Indian government has pegged LIC's valuation at around Rs 6 trillion, according to the sources. READ MORE HERE

1:34 PM

BSE Sensex 30 Heatmap:: Maruti, M&M shine; SBI, Axis Bank whine

1:30 PM

NEWS ALERT

1:26 PM

BSE 500:: Volume Shockhers

Bata India, Esab India, Sterlite Technologies, Bombay Burmah and Hindalco were among the prominent stocks to witness unusually high volume in trades so far on the BSE.