Most experts have now turned cautious on the road ahead for the stock market - at least in the short-to-medium term - as they expect the economy to slow even further
Indices log worst show since 2009
The government proposes to sell a part of its holding in LIC through initial public offer, Finance Minister Nirmala Sitharaman said while unveiling Budget 2020-21
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
State Bank of India posted a 41 per cent year-on-year growth in the standalone net profit at Rs 5,583 crore - its highest ever quarterly net profit-- for the December quarter of FY20
Reliance Industries was the top drag on the indices, down 2.5 per cent, after global brokerage firm Macquarie downgraded the stock to 'underperform'
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
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Bajaj Finance closed 5 per cent higher on the BSE after the NBFC reported its highest ever quarterly consolidated net profit at Rs 1,614.11 crore in the December quarter of FY20, up 52 per cent YoY
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
Heavyweight Bharti Airtel declined 4 per cent in the afternoon trade today and was the top loser after media reports suggested that the company has been blacklisted by DGFT
Today, a total of 65 companies including Maruti Suzuki, Manappuram Finance, and Century Textile, are scheduled to announce their December quarter results
Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak
Banking counters were leading the charge from the front with ICICI Bank becoming the biggest contributor toward's today's gain, ahead of its December quarter results tomorrow
ONGC, NTPC, and Maruti Suzuki were the top drags on the Sensex today while Nestle India, TCS, and Infosys were the top gainers
Bharti Airtel will be in focus after the Department of Telecom approved raising of foreign direct investment in the company to 100 per cent from 49 per cent allowed earlier
The Avvashya Group company is now well on track to complete the process to acquire 44.5 percent stake in Gati, the total deal size of which is Rs 416 crore
Tata Steel, Asian Paints, and Maruti Suzuki, down up to 3 per cent, were the top laggards at the index. On the other hand, UltraTech Cement, HDFC, and IndusInd Bank ended the day as top gainers
Heavyweights like Reliance Industries, HDFC Bank, TCS, Axis Bank and SBI were the top contributors towards today's fall
While financial and banking counters traded in the sea of red throughout the day, index heavyweights like Reliance Industries and Bharti Airtel, that surged 3 per cent and 6 per cent, respectively.