Stock market highlights: Over 35 Nifty stocks ended the session in the red with Bajaj Finance, HDFC, Kotak Bank, Hindalco, Wipro, Reliance Industries, Tech M, and Infosys falling between 2.5-4%
CLOSING BELL: Dr Reddy's Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers
The RBI today raised the repo rate to 4.9 per cent, up from 4.4 per cent. The Central Bank also raised consumer price (CPI) or retail inflation forecast for FY23 to 6.7 per cent from 5.7 per cent.
CLOSING BELL: The NSE Nifty50, held the crucial 16,400-mark to shut shop at 16,416, down 153 points
CLOSING BELL: nfosys, ICICI Bank, Kotak Bank, ITC, and Tata Steel were the large-caps that helped the 30-pack index bounce back from lows
The company has been in news as both the founders, Maheshwari and Tanay Pratap, had differences on how to run the firm
Over 56% retail investors holding on to equity funds for at least 2 yrs as of March'22
Board recommends a dividend of Rs 33 per share, subject to shareholder's approval.
Investor sentiment was seen improving after China, the world's second-largest economy, relaxed lockdowns in Shanghai and reaffirmed support for internet companies
Equity investors became richer by over Rs 12 lakh crore on Tuesday, helped by a smart rally in the broader market. The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing in the green. Tracking the sharp rally in equities, the market capitalisation of BSE-listed firms jumped Rs 12,05,523.65 crore to Rs 2,55,55,447.68 crore. "Markets witnessed a sharp rebound and gained over 2.5 per cent, thanks to favourable cues. The benchmark opened higher led by supportive Asian markets as China eased lockdown restrictions. As the day progressed, healthy buying across sectors and short-covering supported the market to maintain its momentum. "It is a much-needed breather for the bulls after five weeks of slide," Ajit Mishra, VP - Research at Religare Broking Ltd, said. Tata Steel, Reliance Industries, ITC, Wipro, ICICI Bank, Larsen & Toubro, HCL Technologies and Maruti were the major gainers among the Sensex ...
On Wednesday, the US Federal Reserve announced a 50 basis points rate hike, the highest in 22 years, but ruled out a 75-bps hike in the future
Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities.
TECHART, the leading international premium refinement brand for all Porsche vehicles, on Thursday forayed into the Indian market with the opening of its flagship store in Bengaluru.
Home, auto and other loan EMIs are likely to increase after the Reserve Bank of India (RBI) hiked its key interest rate by 40 bps in a surprise move on Wednesday in an effort to tame inflation
Eight of the top-10 most valued firms together lost Rs 2,21,555.61 crore from their market valuation last week, with Infosys and HDFC Bank suffering the biggest hit.
Foreign portfolio investors have sold equities worth Rs 1.58 trillion since Oct 2021. Domestic retail and institutional investors have also slowed down their trading activity. What does this indicate?
Globally, rising inflationary concerns and geopolitical tensions have led to risk aversion among investors
Sebi has reconstituted its advisory committee, which provides guidance on enhancing the regulator's technological capabilities and on exploring appropriate technological solutions
Campus Activewear plans to expand its distribution network and deepen its footprints in western and southern regions
Business Standard brings you the top headlines this morning