Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India
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The BSE Sensex gained 254.03 points to close at 51,279.51 on March 10 while the Nifty50 rose 76.40 points to 15,174.80 and formed a small bearish candle on the daily charts as the closing was lower than opening levels.
The S&P 500 and the Dow indices hit all-time highs on March 11 as worries about rising inflation subsided, while a bigger-than-expected fall in weekly jobless claims reinforced expectations of a labour market recovery.
Asian stocks set for a strong start on March 12, following firm overnight leads from Wall Street and Europe as a further retreat in bond yields eased concerns about rampant inflation, restoring appetite for battered tech stocks.
Live Updates
- 12 March 2021 2:55 PM IST
Zomato extending all support in investigation of alleged assault case: Founder Deepinder Goyal
After the incident highlighted, Zomato has temporarily suspended Kamraj from active deliveries, but it is covering his earnings in the “interim while there is an active police investigation”, it said.
- 12 March 2021 2:54 PM IST
Google opens enrolment for online certificate programs: Courses, benefits, how to enrol and other details
Google also launched a new Associate Android Developer Certification, which prepares learners for entry-level jobs in Android development.
- 12 March 2021 2:54 PM IST
Supreme Court pulls up Goa govt, says government employees can't be appointed election commissioners
Calling it a 'disturbing feature' the Supreme Court expressed its displeasure at the Goa government for appointing its law secretary as the state election commissioner for conducting municipal council polls.
- 12 March 2021 2:53 PM IST
50% of PMS beat Nifty in February, mid & small-cap funds lead the charge
Nine of the top ten funds in February 2021 were from the mid & smallcap space.
- 12 March 2021 11:03 AM IST
4 stocks under F&O ban on NSE
Bank of Baroda, Punjab National Bank, SAIL and Sun TV Network are under the F&O ban for March 12. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.
- 12 March 2021 10:52 AM IST
FII and DII data
Foreign institutional investors (FIIs) net sold shares worth Rs 15.69 crore, while domestic institutional investors (DIIs) net acquired shares worth Rs 447.67 crore in the Indian equity market on March 10, as per provisional data available on the NSE.
- 12 March 2021 10:43 AM IST
RBI takes IDBI Bank out of PCA framework
The Reserve Bank of India (RBI) on Wednesday said IDBI Bank will be taken out of prompt corrective action (PCA) framework following improvement in its overall performance. This follows a review of IDBI Bank Limited, by the Board for Financial Supervision (BFS) in its meeting held on February 18, 2021, the RBI said.
- 12 March 2021 10:37 AM IST
Anupam Rasayan raises Rs 225 cr from anchor investors, ahead of IPO
Speciality chemical company Anupam Rasayan on March 10 raised Rs 225 crore from anchor investors, ahead of its initial share-sale, which will open for public subscription on March 12. It has been decided to allocate 40,48,647 shares to 15 anchor investors at Rs 555 per share, which is the upper band of the initial public offer. At this price, the company has mopped-up Rs 225 crore, according to a circular uploaded on BSE website.
The anchor book saw participation from multiple pools of capital, including foreign portfolio investors, domestic mutual funds, insurance companies and alternative investment funds. Also, the book saw participation from investors across the globe, including India, Asia, the UK and the US.
- 12 March 2021 10:30 AM IST
RBI to conduct OMO for sale and purchase of govt securities for Rs 10,000 crore each
The Reserve Bank of India (RBI) on March 10 announced it will purchase and sell Government of India dated securities for Rs 10,000 crore each via an open market operation (OMO) on March 18.
"The Reserve Bank has decided to conduct simultaneous purchase and sale of Government securities under open market operations (OMO) for an aggregate amount of Rs 10,000 crore each on March 18, 2021," the central bank said.
- 12 March 2021 10:23 AM IST
Warren Buffett joins $100 billion club as his stock soars
Investor Warren Buffett’s fortune surged above $100 billion Wednesday when shares of his company hit a record high at over $400,000 apiece.
Berkshire Hathaway’s Class A shares climbed to $407,750 Wednesday before giving up some ground to close the day at $398,840. The Class B shares of the Omaha, Nebraska, based conglomerate were selling for a much more affordable price of $263.99.