Tata Motors tanked over 5% after the company reported a loss of over Rs 7,500 crore in Q4FY21.
Government may sell up to 5.8 crore shares at the floor price of Rs 680 per share, and raise up to Rs 3,949.34 crore via OFS
PowerGrid, UltraTech Cement, L&T, Sun Pharma and Dr Reddy's were the top gainers on the Sensex. On the downside, M&M, Kotak Mahindra Bank, IndusInd Bank, ONGC & Bajaj FinServ tanked up to 1.84%.
Calling it a stock picker's market, the brokerage firm advised investors prefer domestic cyclicals
The broader market was buzzing today, as the Nifty Midcap index jumped 1.89% to end at record highs of 25,266.
Gland Pharma has purchased assets from a biologics company for Rs 90 crore and will be spending around Rs 180 crore additionally to develop & manufacture vaccines
The average revenue per user (ARPU) continued to be the best in the industry as Q4FY21 ARPU came in at Rs 145
In opening trades, Sensex jumped 603 points or 1.22% at 50,183 while the broader market index Nifty 50 was trading at 15,104 soared 181 points or 1.21%.
Primarily led by liquid, equity, arbitrage, and income funds, the MF industry's AUM scaled new heights to reach Rs 32.4 lakh crore in April
Banking and financial stocks were star of the day. IndusInd Bank, SBI, ICICI Bank, HDFC Bank and UPL were among the top gainers on the Nifty