Sensex, Nifty in the red amid volatile trade; autos, banks gain

15 Oct 2020, 10:24:16 AM IST

Rupee opens flat

The Indian rupee opened flat at 73.32 per dollar on Thursday. The local currency closed at 73.29 on Wednesday.

15 Oct 2020, 10:14:34 AM IST

Likhita Infrastructure makes lukewarm debut

Shares of Likhita Infrastructure listed at ₹130 per share on BSE today, a premium of 8.4% against the issue price.

15 Oct 2020, 10:10:29 AM IST

Gold prices fall

Gold and silver prices fell in Indian markets, tracking softer global rates as chances of a US stimulus package being rolled out before the November elections faded. On MCX, December gold futures declined 0.4% to ₹50,360 per 10 gram as the precious metals fell for the second day in three days. December silver futures fell 0.9% to ₹61,064 per kg. In the previous session, gold had edged up 0.5% while silver had jumped 1.6%.

15 Oct 2020, 10:01:59 AM IST

Nifty IT weak the biggest loser among sector indices

Nifty Bank and Auto gain

15 Oct 2020, 09:56:33 AM IST

Axis Bank, Tata Steel top gainers

Axis Bank, Tata Steel were the top gainers. Infosys slipped in the red as IT stocks gave up gains

15 Oct 2020, 09:44:22 AM IST

Infosys hits ₹5 trillion mcap

Infosys on Thursday became the fifth Indian firm to cross ₹5 trillion market capitalisation after the stock rallied nearly 61% so far this year.

The stock touched a fresh record high of ₹1185 on the BSE, up 4.3% from its previous close with a market cap of ₹5.04 trillion after the company posted better than expected earnings and also raised its annual revenue growth forecast on continued strength in its digital services operations. At 9.30am, the stock rose 2% to ₹1151 from its previous close. The Sensex index was trading marginally lower by 0.29%; year-to-date, Infosys rose 61%.

15 Oct 2020, 09:37:45 AM IST

BSE Midcap holds gains

15 Oct 2020, 09:30:19 AM IST

Nifty gainers/losers at open

Markets opened flat in volatile trade and soon turned red. Tata Steel was the top gainer while ICICI bank the biggest loser.

15 Oct 2020, 09:20:04 AM IST

Markets open flat

15 Oct 2020, 09:15:01 AM IST

Oil holds gains

Oil held gains near $41 a barrel after an industry report pointed to a sharper-than-expected drop in American crude stockpiles.

Futures in New York were steady after gaining 2.1% Wednesday. US inventories fell by 5.42 million barrels last week, the American Petroleum Institute reported, according to people familiar with the data. That would be the biggest weekly drop since August if confirmed by government figures due Thursday. The industry report also showed declines in gasoline and distillate stockpiles.

15 Oct 2020, 09:13:16 AM IST

Tata group wants a slice of BigBasket

The Tata group is in talks to buy a stake in online grocer BigBasket as it plots to join…