Business Standard

Stock Market Highlights, May 3: Sensex plunges 733 pts, Nifty below 22,500 in broad sell-off

Stock Market highlights on May 3:24 of the 30 Sensex stocks, and 35 of the 50 Nifty stocks closed in the negative zone led by L&T, Maruti Suzuki, Reliance Industries, Nestle India, and JSW Steel

Image SI Reporter New Delhi
stocks brokers, markets, sensex, nifty, stock market

1:59 PM

Adani Group stocks see little impact of Sebi notices on disclosure norms

Adani Group stocks traded little changed on Friday even as the conglomerate disclosed it had received notices from market regulator Securities and Exchange Board of India (Sebi) alleging non-compliance of disclosure requirements, mainly for related party transactions (RPT). READ MORE

Gautam Adani, Adani

1:49 PM

Sensex 30 Heatmap:: Airtel, RIL top losers; Bajaj twins still hold ground

chart

1:39 PM

MRF Q4 net up 16% at Rs 396 crore; income up 9%

MRF Limited, on May 3, reported a 16.28 per cent year-on-year rise in consolidated net profit at Rs 396.11 crore for the quarter that ended on March 31 in financial year 2023-24 (Q4FY24). The company had reported a net profit of Rs 340.65 crore during the same period last year (Q4FY23). READ MORE

MRF tyres
1:28 PM

Coforge slips 10% post Q4 results, acquisition of Cigniti Technologies

The stock of Coforge is trading at its lowest level since June 2023. With today's decline, it corrected 34 per cent from its 52-week high of Rs 6,840 touched on February 19, 2024. READ MORE

Photo: Reuters
1:17 PM

This SME stock zoomed 122% in 7 weeks; up 2091% from IPO price in 8 months

Shares of Bondada Engineering were locked in the upper circuit for the eight straight trading session, hitting new high on the BSE in Friday's intra-day trade. READ MORE

Sensex, Nifty, stock brokers
1:01 PM

Yes Bank slides 3% on GST penalty; brokerage maintains 'Sell' rating

Shares of Yes Bank dipped 3.44 per cent at Rs 24.55 a per share on the BSE in Thursday’s intraday trade. This came after Yes Bank revealed on Thursday that it has received a service tax demand order imposing a penalty of over Rs 6.42 crore. Read more
YES Bank

12:44 PM

Sensex tanks 1,250 pts from day's high; 3 reasons for the sharp U-turn

Equity benchmark indices took a sharp U-turn in Friday's intra-day trades amid selling pressure in key index heavyweights namely - Reliance Industries, HDFC Bank and Larsen & Toubro.

The S&P BSE Sensex had come within striking distance of its summit as it hit a high of 75,095. The all-time high for the Sensex stands at 75,124. The BSE benchmark thereafter erased gains and nose-dived to a low of 73,831 - down 1,264 points from the day's high. Read more

bear market, stocks, sensex, nifty, loss, growth, crash, index

12:28 PM

Coal India rallies 4% on decent quarter; brokerage retains 'Buy' on stock

Shares of Coal India shot up by 4.1 per cent at Rs 472 a piece on the BSE in Friday’s intraday trade. This came after the company delivered a decent growth in its fourth quarter results for financial year 2023-24 (Q4FY24)

The national miner Coal India reported a 17.8 per cent jump in its year-on-year (Y-o-Y) profit at Rs 37,369 crore for the financial year 2023-24 (FY24). The revenue from operations rose minimally by 3 per cent to Rs 1.38 trillion during FY24, while the net income was up by a similar quantum to Rs 1.5 trillion. Read more
Coal India

12:08 PM

Smallcap index down 0.75%

11:56 AM

50% run in these NSE stocks in 2024. Are they in your portfolio? Key levels

One out of every 10 NSE 500 stocks has rallied over 50% so far in 2024. Here's a technical outlook on select stocks which are trading with bullish bias. READ MORE

stock markets, Nifty50

11:46 AM

Govt bond yields flattish; focus remains on debt sale, US jobs data

Indian government bond yields were little changed in the early session on Friday, as market participants awaited the fresh supply of debt, while the focus was also on a key US jobs data due after market hours. READ MORE

Bond yields slide as reports tout progress in global listing of Indian debt

11:37 AM

ALERT:: Reliance, HDFC Bank, L&T key draggers as Sensex drops over 500 pts

chart

11:21 AM

ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets

This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets. READ MORE

Reliance Retail
11:05 AM

CPSE stocks in focus; BHEL, MOIL, ONGC, NTPC, SAIL rally up to 9%

Shares of Central Public Sector Enterprises (CPSEs) are in focus, with the S&P BSE CPSE index hitting a new high of 3,978.19, surging over 1 per cent on the BSE in Friday’s intra-day trade, after a strong rally in state-owned stocks. READ MORE

CPSEs

10:53 AM

Asian stocks surge on tech boost; yen extends gains to end volatile week

With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. nonfarm payrolls data later in the day. READ MORE

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 03 2024 | 7:43 AM IST

Explore News