Budget 2020

Sensex falls over 200 points in early trade

After a similar movement, the broader NSE Nifty was quoting 8.40 points or 0.06 per cent down at 14,973.35. Equity benchmark Sensex dropped over 200 points in opening trade on Monday tracking losses in index majors HDFC, ITC and L&T amid tepid cues from global markets. After dropping to 50,685.42, the 30-share BSE index pared […]

Budget 2020

Pick up IT & auto stocks if market falls 5-10%: Deepak Shenoy

I would avoid FMCG and a lot of the pharma pack but pick up IT and auto and auto ancillaries if they were to come down another 5% or 10%, says Deepak Shenoy, Founder, Capital Mind. How are you advising clients to play the volatility in the markets?To be fair, there is a small correction […]

Budget 2020

Stock market update: Nifty Bank index falls over 2%; Bank of Baroda dips over 5%

NEW DELHI: Nifty Bank index was trading lower at 03:02PM (IST) on Friday. Shares of (down 5.38 per cent), (down 4.42 per cent), (down 4.22 per cent), Axis Bank (down 3.86 per cent) and Federal Bank (down 3.86 per cent) were the top losers in the index. While IDFC Bank (up 6.37 per cent) and […]

Budget 2020

Stock market update: Nifty Pharma index sheds over 1%; Lupin falls 3%

NEW DELHI: Nifty Pharma index was trading on a negative note at 02:14PM (IST) on Wednesday. Shares of Lupin (down 2.84 per cent), Dr Reddy’s Laboratories (down 1.92 per cent), Aurobindo Pharma (down 1.61 per cent), Torrent Pharmaceuticals (down 1.31 per cent) and Divi’s Laboratories (down 1.3 per cent) were the top losers in the […]

Budget 2020

Shriram Transport Q3 results: Profit falls 17% on additional pandemic provision

Shriram Transport Finance Company on Thursday reported 17 per cent decline in net profit at Rs 727.72 crore for December quarter 2020-21 as it made additional provisions related to the COVID-19 pandemic. The key net interest income rose to Rs 2,148.22 crore from Rs 2,113.75 crore in the same period of the previous year. The […]

Budget 2020

Gold miners drag down Australian shares; NZ falls 2%

Australian shares settled lower on Monday as cases of highly transmissible new COVID-19 variants dimmed hopes for a quick economic recovery, with gold miners leading the retreat on bullion sell-offs. While New South Wales eased lockdown measures introduced to contain an outbreak in its northern coastal suburbs, health officials said over the weekend that they […]

Sports

Faf du Plessis falls for 199, South Africa on top of struggling Sri Lanka

Faf du Plessis fell for 199 to miss out on a first career test double-century but that was the only disappointment for South Africa as it took complete control of the first test Monday against a Sri Lanka team battered by injuries. Du Plessis’ career-best score sent South Africa to 621 all out at SuperSport […]

Budget 2020

Sensex falls 110 points ahead of Q2 GDP print; broader markets rally

NEW DELHI: Benchmark indices closed with cuts after a choppy session on Friday, dragged by losses in index majors Reliance Industries, Infosys and TCS despite a positive trend in global markets and ahead of Q2 GDP announcement. Broader markets, however, saw massive buying indicating a shift of funds towards smaller companies. Analysts have been expecting […]