Sensex, Nifty rise 2.6% in 2 days, erasing half the losses made in last 5 sessions
CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion
CLOSING BELL: Ultratech Cement, RIL, Maruti Suzuki, Asian Paints, Bharti Airtel, and TCS were the top Sensex gainers
CLOSING BELL: Reliance Industries (RIL; up 3.5 per cent) was the top gainer on the 30-pack index. he draggers on the index were HDFC (down 6 per cent), HDFC Bank (down 4.2 per cent)
India's March wholesale price index-based inflation (WPI) surged to 14.55 per cent on rising edible oil prices and increase in power prices. WPI inflation in February stood at 13.11 per cent.
Infy's weak numbers triggers selloff in other IT shares
As of December 2021, Jwalamukhi Investment Holdings held 2.47 crore shares, amounting to 5.21 per cent stake in TVS Motor, shareholding data with the BSE showed
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.