According to the report, Axis Bank is in talks to acquire more than 20 per cent stake in Max Life Insurance through fresh issue of equity
For Hero MotoCorp, keep a stop at Rs 2,265 and go short
The Sensex fell as much as 445 points before closing at 40,895 - a decline of 161 points or 0.4 per cent
Reliance Industries has said it is consolidating its media and distribution business spread including TV18 Broadcast, Hathway Cable & Datacom, DEN Networks into Network18
Growth of active clients has also remained weak. According to the data sourced from the NSE, the number of active clients in 2019-2020 (up to December) stood at 9.58 mn, growing at 9% from FY19.
A total of 486 companies, including Divi's Laboratories, Dish TV, Ashok Leyland, and IRCTC, are scheduled to announce their earnings today
Bharti Airtel has joined the elite club of Rs 3-trillion market capitalization as shares of the telecom services provider hit a new high of Rs 550
Indices log worst show since 2009
With growth in Asia's third-largest economy languishing at its lowest in a decade, the government is likely to increase spending on infrastructure and offer some tax incentives in its 2020/2021 budget
In the previous fiscal quarter, the automaker had reported net revenue of Rs 77,001 crore and a staggering loss of Rs 26,961 crore
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
Analysts have slashed their earnings expectation by 12 - 15 per cent for the lender
The stock markets are generally closed on Saturdays and Sundays, except for special circumstances
Experts say companies added into index could attract large investor flows
The latest outperformance in the broader market comes after two years of sharp underperformance vis-a-vis large-caps
Brokers say investors yet to buy the pitch of a broader market revival
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
Analysts say the market surge could be attributed to short-covering as traders had built a lot of shorts during Monday's heavy sell-off