On Saturday, HDFC Bank posted a 23 per cent jump in standalone net profit to Rs 10,055.20 crore for the March quarter
CLOSING BELL: Dismal March quarter earnings by HDFC Bank & Infosys, coupled with fears of aggressive rate hikes amid rising inflation, soaring bond yields, & resurgence in Covid-19 cases hit sentiment
The BSE benchmark index tanked 1,291.93 points to 57,047 in morning trade after a weak opening
Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains
The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93
Brokerage misused securities worth Rs 2,300 crore belonging to more than 95,000 clients, says regulator
Shares of the company jumped 2.70% to settle at Rs 2,864.75 on BSE
CLOSING BELL: HDFC, HDFC Bank, Maruti Suzuki, Dr Reddy's Labs, Tata Motors, PowerGrid, Asian Paints, Bajaj Finserv, Kotak Bank, Titan, Cipla, and Eicher Motors were the top laggards on the Nifty index
This is fifth decline in six sessions; analysts expect markets to react to inflation data today
On Tuesday, the shares of the company settled 5.1 per cent higher at Rs 2,800
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
The amount is still far lower than the record Rs 2,213 crore mopped up in FY18 and Rs 1,620 crore collected in FY19
Rising bond yields are considered to be negative for the equity markets, at least in the near-term.
BSE's mutual fund distribution platform StAR MF processed a record 29.9 lakh transactions in a single day on Monday
CLOSING BELL: More than 20 of the 30 Sensex stocks and 30 of the 50 Nifty counters ended in the negative zone. These included HCL Tech, Infosys, L&T, Wipro, Asian Paints, HDFC, and HDFC Bank
In the past three months, the stock of Sandur Manganese has zoomed 86 per cent as compared to 3 per cent decline in the S&P BSE Sensex. In the past one year, the counter has rallied 256 per cent
The board of Ruchi Soya also accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurved Ltd's food portfolio on an arm's-length basis
Serious foreign investors - pension funds, sovereign wealth funds, endowments - continue to load up on India, says Marcellus Investment Managers CEO Saurabh Mukherjee
CLOSING BELL: The RBI also announced revised inflation and GDP growth forecasts in-line with market expectations
CLOSING BELL: Adani Ports, Titan, HDFC, PowerGrid, Wipro, HDFC Bank, ONGC, PowerGrid, RIL, Bharti Airtel, TCS, Coal India, Tata Steel, and L&T fell between 1.5 per cent and 3.5 per cent