CLOSING BELL: Public sector banks were the only losers with the Nifty PSB index down 1.2 per cent
Shares of Bajaj Finance on Thursday surged 10 per cent, the most in more than two years, after its quarterly profit blew past estimates on strong customer additions and lower bad loan provisions
Analysts believe that the US Fed's confidence about strong labor markets and dismissal of recession brought respite to the investors
Shares of Bajaj Finance jumped as much as 9 per cent on Thursday, their biggest intraday gain since November 2020
Fed Chair Powell's comments suggest slower pace of hikes going ahead, say markets
Stocks to watch today: Dr Reddy's, Bajaj Finserv, Nestle India will report their June quarter results on Thursday, July 28; HAL signed $100 million contract with Honeywell for HTT-40 engines.
Stock market live updates: As of 7:45 AM, the SGX Nifty Futures quoted at 16,475 levels, indicating a downside of 8 odd-points on the Nifty50.
Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.
The Sensex ended the session at 55,268, with a decline of 497 points, or 0.9 per cent
CLOSING BELL: Equity markets settled near the low point of the day as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday
Stocks to watch today: Asian Paints, Bajaj Auto will report their June quarter results (Q1FY23) on Tuesday, July 26; Lupin received approval from USFDA to market medication for high blood pressure.
CLOSING BELL: Among sectors, the Nifty Auto fell 1.7 per cent, while the Nifty Metal added 1.5 per cent
'Now valuations have become more reasonable and trade at long-term averages. More importantly, there are palpable signs of peak inflation behind us'
The latest upmove has been underpinned by positive foreign portfolio investor (FPI) flows
All set to return to the NSE after two decades, BSE's outgoing CEO Ashishkumar Chauhan faces an uphill task of guiding the bourse bogged down by governance lapses, co-location scam, technical glitches
CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each
CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent
1.4% jump comes on the back of easing recession fears, China policy support
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
The NSE will now have to obtain shareholders' nod before Chauhan can take charge