Bajaj Finance closed 5 per cent higher on the BSE after the NBFC reported its highest ever quarterly consolidated net profit at Rs 1,614.11 crore in the December quarter of FY20, up 52 per cent YoY
IRCON International surged 8 per cent and was trading above its IPO issue price of Rs 475 for the first time since listing on September 28, 2018
Heavyweight Bharti Airtel declined 4 per cent in the afternoon trade today and was the top loser after media reports suggested that the company has been blacklisted by DGFT
Today, a total of 65 companies including Maruti Suzuki, Manappuram Finance, and Century Textile, are scheduled to announce their December quarter results
Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak
Banking counters were leading the charge from the front with ICICI Bank becoming the biggest contributor toward's today's gain, ahead of its December quarter results tomorrow
ONGC, NTPC, and Maruti Suzuki were the top drags on the Sensex today while Nestle India, TCS, and Infosys were the top gainers
Bharti Airtel will be in focus after the Department of Telecom approved raising of foreign direct investment in the company to 100 per cent from 49 per cent allowed earlier
The Avvashya Group company is now well on track to complete the process to acquire 44.5 percent stake in Gati, the total deal size of which is Rs 416 crore
Tata Steel, Asian Paints, and Maruti Suzuki, down up to 3 per cent, were the top laggards at the index. On the other hand, UltraTech Cement, HDFC, and IndusInd Bank ended the day as top gainers
Heavyweights like Reliance Industries, HDFC Bank, TCS, Axis Bank and SBI were the top contributors towards today's fall
While financial and banking counters traded in the sea of red throughout the day, index heavyweights like Reliance Industries and Bharti Airtel, that surged 3 per cent and 6 per cent, respectively.
A total of 18 companies, including Reliance Industries, Tata Consultancy Services (TCS), and HCL Technologies, are scheduled to release their December quarter numbers later in the day
The latest outperformance in the broader market comes after two years of sharp underperformance vis-a-vis large-caps
It expects the 30-share BSE Sensex to be 44,500 points by the end of the year
BNP Paribas has set a target of 44,500 for the S&P BSE Sensex, a bellwether index
Friday's rise helped the indices mark their first weekly gain in three weeks
Standard gold falls over 2.4% to Rs 39,772, biggest drop since Oct 2016
All the Nifty sectoral indices, except Nifty IT, were trading in the green
Brokers said they have reduced leverages to most of their clients to twice the intra-day trading limit now as compared to five times earlier