Business

Among the key stocks in focus were Indiabulls Housing Finance, ICICI Bank, Vodafone Idea, Vedanta, Manpasand Beverages, Dr Reddy’s and Granules India among others. Read on to know more.

Tata Motors Ltd shares were up over 2% after falling over 5% in the previous session. Stocks of leading auto companies like Bajaj Auto Ltd and Maruti Suzuki India Ltd were trading lower by nearly 1.5%.

The NCLT approval came after it dismissed the petitions filed by Standard Chartered Bank and Singaporean lender DBS, which had both challenged the low bid by Patanjali and the resultant lower payout.

National Insurance Company’s condition hasn’t improved despite the special dispensation provided by IRDAI earlier to meet the mandatory solvency ratio at the end of March 2018.

The 30-share index was trading 103.50 points or 0.27 per cent lower at 37,927.63 at 0930 hours; and the broader Nifty also fell 28.50 points or 1.25 per cent to 11,317.70.

The campaign has been conceptualised by the CBDT and it will be launched across all regional offices of the Income Tax Department, according to officials.

If you are an account holder in Aditya Birla Idea Payments Bank, you can transfer the balance through online banking, mobile banking or by approaching the nearest banking point.

HDFC Bank stock was trading at Rs 2,315.05, down 2.55%, on BSE after hitting an intra-day low of Rs 2,307.50. The stock has risen over 10% in the last one year.

Yes Bank was the biggest loser in the Sensex pack in absolute terms, cracking 12.85 per cent, after the company reported a massive 92.44 per cent slump in consolidated net profit to Rs 95.56 crore.

As many as 11 coal-based power plants at Wanakbori, Uukai, Gandhinagar and Sikka were shut last week on falling demand, but now they are again back on stream to meet the increasing demand, according to an official.

The broader NSE Nifty ended 72.70 points or 0.63 per cent up at 11,661.05. During the day, the index hit a high of 11,670.05 and a low of 11,573.95.

Infosys, DHFL, DMart, Allahabad Bank, Yes Bank were among the key stocks in focus today.

P Chidambaram said Finance Minister Nirmala Sitharaman should have mentioned figures in her speech as people deserve to know broad numbers as they do not go through annexures and other Budget documents.

The scrip tanked 10.73 per cent to close at Rs 1,397.75 on the BSE. During the day, it plunged 17.54 per cent to Rs 1,291.

The benchmark BSE Sensex was down 0.14% at 38,677.56 at 0515 GMT, while the broader NSE Nifty was 0.15% lower at 11,537.85.

Indian stock markets continued to witness post-budget selloff on Tuesday, with investor sentiment weighed down further by weakness in other Asian markets. The Nifty gave up the crucial 11,500 mark to trade lower at 11,482.05, down 76.55 points, or 0.66% a...