Stock Market LIVE: Sensex down 300pts; Asian Paints, Airtel, IT shares drag | News on Markets

Paytm positive factors 5% as RBI asks NPCI to grow to be third-party utility supplier

Shares of One97 Communications (OCL) have been locked within the 5 per cent higher circuit at Rs 428.10 on NSE in Monday’s intraday commerce after the RBI requested NPCI to look into the opportunity of migrating Paytm Funds Financial institution clients, utilizing the UPI deal with ‘@paytm’, to four-to-five different banks, in an effort to forestall any disruptions within the cost ecosystem. Learn

Skipper rallies 6% on profitable Rs 737 crore order from Energy Grid

Eureka Forbes extends slide, down 9% in 3 days

As many as 1.79 crore shares or 9.3 per cent fairness of Eureka Forbes price Rs 975 crore was bought in a block deal by Lunolux, backed by Creation Worldwide, on Thursday, February 22, as per experiences. 

Infibeam Avenues soars 8% on buying US-based AI co XDuce

The corporate has acquired a 20 per cent strategic stake in XDuce, a US-based AI improvement firm, for $10 million. The latter will help Infibeam’s cost gateway model CCAvenue within the US.  

Rain Industries plunges 7% on posting loss in Q3

The corporate reported a web lack of Rs 108 crore in opposition to revenue of Rs 12.6 crore in year-ago interval.

Paytm hits 5% higher circuit as RBI asks NPCI to think about being TPA

The Reserve Financial institution of India (RBI) has suggested the Nationwide Funds Company of India (NPCI) to look at Paytm’s request for NPCI to grow to be a third-party utility supplier for unified funds interface (UPI) funds.

IT shares take the hit; Realty index different drag

Broader Midcap and Smallcap indices outperform in weak commerce

CLSA downgrades Asian Paints to ‘promote’, cuts goal worth

Asian Paints tumbles 4%, main largecap losers

L&T, Cipla, Adani Ent lead positive factors on Nifty

Heatmap: Losers outnumber gainers on Sensex

Opening Bell: Nifty declines 51 pts to 22,160

Opening Bell: Sensex falls 200 pts

Pre-Open: Nifty under 22,200

Pre-Open: Sensex set to say no

Foreign money Alert: Rupee strengthens 6 paise to open at 82.88/$

5 issues that might be on markets radar this week

It’s been a story of two-halves for the markets, thus far, in February. Whereas the markets consolidated with the benchmarks declining over 1 per cent initially, they’ve rallied round 4 per cent from their month-to-month lows since then. The Nifty, the truth is, has registered a contemporary life-time excessive within the second half of the present month. Listed below are the 5 key elements that would influence the market trajectory this week. Watch Video

 

Close to-term demand stays a priority for listed tile maker Kajaria Ceramics

The December quarter efficiency of the nation’s largest listed ceramic tile maker, Kajaria Ceramics, was subdued. Weak home demand within the quarter weighed on volumes, whereas revenues have been additionally under par attributable to muted realisations. The inventory has fallen 9 per cent from its highs this month, given a disappointing Q3 and near-term demand considerations for the remainder of FY24. READ MORE

Mark Zuckerberg’s Asia tour to vary from AI to Ambani wedding ceremony occasion

Mark Zuckerberg is poised for a packed week in Asia, with stops in Japan, South Korea and India to work on synthetic intelligence companies and forge ties with enterprise and authorities leaders within the area. READ MORE