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Future Group stocks tank as SEBI bans Kishore Biyani from securities market
Future Retail plunged 4.99% to Rs 74.20 in the early trade, while Future Enterprises and Future Lifestyle Fashions also tanked 4.94% and 4.48% to Rs 11.15 and Rs 83.95, respectively.
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Sensex pares initial losses, up over 100 points; Nifty above 14,800
Benchmark indices bounced back in the afternoon trade. At 1.27 pm (IST), the barometer index S&P BSE Sensex traded 101 points higher at 50,357. The Nifty 50 index was up 46 points at 14,836.
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Stocks to watch today: SBI, Bharti Airtel, Hero MotoCorp, HCL Tech, Future group stocks
SBI, Hero MotoCorp, NTPC, Adani Power, Arvind, Ipca Labs, PFS, Suzlon, Tata Power, Trent and Zee are slated to announce their financial results on Thursday
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LIC IPO may hit market in Q4 of next fiscal: DEA Secretary Tarun Bajaj
"Probably in the third or fourth quarter of next financial year, depending on how soon the valuation comes," he said.
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Aero India: Stunning images you must see
Dubbed as Asia's largest military aviation exhibition, the three-day Aero India event commenced amid the COVID-19 pandemic with buzz around "Aatma-Nirbhar Bharat" (self-reliant India) and "Make in India" push.
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Investor wealth jumps over Rs 12.31 lakh cr in 3 days; m-cap of BSE-listed firms at record high
The BSE benchmark Sensex closed above the historic 50,000 mark for the first time ever.
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SBI Composite Index continues to show upward momentum: Ecowrap report
The report noted that IIP & IIP manufacturing may grow 1.5-2.0% in December 2020 and 2-3% in January 21, respectively.
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Budget made ‘token gestures’ to real estate sector: NCR realtors
Real estate projects, including residential ones, in NCR cities of Noida, Greater Noida, Ghaziabad in Uttar Pradesh, and Gurgaon and Faridabad in Haryana were badly hit by the COVID-19 pandemic.
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Budget momentum drives Sensex, Nifty to record highs
Sensex witnessed mild profit-booking at higher levels but managed to end the day at fresh closing peak of 50,255.75, up 458 points or 0.92% while Nifty rose 142 points to end the day’s trade at another record high of 14,789.95.
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Dispute Resolution Committee to have multiple benches: CBDT chief PC Mody
He said a tax return is picked up for scrutiny only in case of mismatch and where multiple red-flags are being shown by the system.
