Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 90 points gain
The Sensex closed 487 points, or 0.95 percent, lower at 50,792.08 on March 12 while the Nifty fell 144 points, or 0.95 percent, to 15,030.95.
image for illustrative purpose
The Sensex closed 487 points, or 0.95 percent, lower at 50,792.08 on March 12 while the Nifty fell 144 points, or 0.95 percent, to 15,030.95.
The blue-chip Dow powered to its fifth consecutive record high on Friday and the S&P 500 closed slightly higher as investors bought shares that should benefit from a strong reopening of the U.S. economy, an outlook signaled by rising yields in the bond market.
Global stock prices were off to a solid start while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the passing of a massive stimulus package.
Live Updates
- 15 March 2021 3:03 PM IST
D-Street Buzz: Banks & financials fall; HDFC twins, Bajaj Finance, ICICI Bank among top drags
Federal Bank, Axis Bank and Bandhan Bank were down over 4 percent each followed by IDFC First Bank, ICICI Bank, State Bank of India and RBL Bank.
- 15 March 2021 2:37 PM IST
SC notice to Centre, EC on plea to nullify election result if maximum votes for NOTA
A bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian issued notices to the Ministry of Law and Justice and theElection Commission of India while seeking their replies on the plea.
- 15 March 2021 2:31 PM IST
Laxmi Organic Industries IPO subscribed 89%, retail portion fully booked on Day 1
A leading manufacturer of acetyl intermediates and specialty intermediates, Laxmi Organic plans to raise Rs 600 crore through the public issue.
- 15 March 2021 2:22 PM IST
FTA partners question India's 'country of origin' rules at World Trade Organisation
India’s rationale behind the new rules is to restrict the misuse of FTA by fraudulent traders.
- 15 March 2021 2:19 PM IST
Craftsman Automation IPO: Issue witnesses 23% subscription, retail portion at 45% on day 1
The total revenue has increased by 23 percent in FY19 compared to FY18, while it degrew by 18 percent in FY20 due to BS-VI norms and the COVID-19 pandemic.
- 15 March 2021 2:06 PM IST
Housing demand in MMR market: Here is what January-February numbers reveal
In January-February, houses worth Rs 20,736 crores were registered under the category, amounting to approximately 60% of the total value of properties sold.
- 15 March 2021 1:45 PM IST
February WPI inflation at 4.17%, reaches 27-month high
WPI inflation was at 2.03 percent in January 2021 and at 2.26 percent in February 2020.
- 15 March 2021 9:41 AM IST
4 stocks under F&O ban on NSE
BHEL, Punjab National Bank, SAIL and Sun TV Network are under the F&O ban for March 15. 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.
- 15 March 2021 9:40 AM IST
FII and DII data
Foreign institutional investors (FIIs) net sold shares worth Rs 942.6 crore, while domestic institutional investors (DIIs) also net sold shares worth Rs 163.87 crore in the Indian equity market on March 12, as per provisional data available on the NSE.
- 15 March 2021 9:30 AM IST
RBI imposes Rs 1 lakh penalty on United India Co-operative Bank for non-compliance of norms
The Reserve Bank of India (RBI) March 12 imposed a penalty of Rs one lakh on the United India Co-operative Bank for violation of rules. The penalty is on account of deficiencies in regulatory compliance, the RBI said in a release.
This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949, taking into account the failure of the bank to adhere to the aforesaid directions issued by RBI.