Closing Bell: Sensex plunges over 420 points, Nifty gives up 10,950; Tata Motors down 18%

Market at Close Equity benchmarks witnessed intensified selloff in the last hour, which dragged the market to lower points. The Nifty gave up 11,000-mark, while the Sensex dropped over a percent.  Across sectors, selling was visible, with maximum pain seen in automobiles, consumption,...

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Brokerage firms such as Axis Capital and Motilal Oswal downgraded Tata Motors post December quarter results which were impacted by an exceptional item of asset impairment of Rs 27,838 crore. The company had reported a profit of Rs 1,214.6 crore in the same quarter last fiscal....

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Closing Bell: Sensex, Nifty end flat on policy day; Sun Pharma, Zee Ent gain 4% each

Market at close: Benchmark indices ended flat on Thursday with Nifty ended above 11,000 level. RBI in its MPC meeting has cut repo rate by 25 bps at 6.25 percent. The Sensex was down 4.14 points at 36971.09, while Nifty was up 6.90 points at 11069.40. About 1377 shares have advanced, 1145...

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Closing Bell

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RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stance to 'neutral'

The Reserve Bank of India (RBI) on February 7 lowered the repo rate—its key lending rate—by 0.25 percentage points to 6.25 percent and changed its stance to "neutral" from "calibrated tightening", signalling higher chances of more cuts in the coming months if inflation persisted within...

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Opening Bell

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Sensex gave positive returns in Feb in 5 out of 10 years; what does 2019 hold?

It looks like bulls and bears battle it out on Dalal Street in the month of February, which is usually marred by Budget volatility. Historical data shows Sensex gave positive returns in February in 5 out of last 10 years. During the last 10 years, S&P BSE Sensex rallied...

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