Corporate earnings according to Motilal Oswal are likely to continue their recovery phase in Q3FY21 aided by a pick-up in both global and domestic macroeconomic activity. Vaccine rollout has changed the broader sentiments and is helping the demand recovery

Sensex slumped 549 points or 1.11 per cent to 49,034 and Nifty tumbled 161 points or 1.11 per cent to 14,433

The moves will further increase tensions with China, Washington's strategic rival in Asia, days before President-elect Joe Biden takes office on Wednesday

Rating agency Icra gave a \"stable\" outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business

Losses in metal, media, IT, bank and realty sectors were capped by gains in PSU banking, pharma, FMCG and auto sectors

In Mumbai, petrol prices increased by 25 paise, taking Thursday's rate to Rs 91.32 a litre in the city. The highest level for petrol in Mumbai was on October 4, 2018, when it was Rs 91.34

Reversing yesterday's gains, stock of YES Bank opened at Rs 18.20 today and fell to the day's low of Rs 17.15, down 5% against last close of Rs 18.05

Fuel rates today: Petrol and diesel prices were hiked by 25 paise each by the state-owned oil manufacturing companies (OMCs) after a five day hiatus

Some FMCG companies like Marico and others have already gone for price hike, while some which include Dabur, Parle and Patanjali are closely monitoring the situation

Tech Mahindra, Infosys, UltraTech Cement, Power Grid Corporation of India, NTPC, Sun Pharma, HCL technologies were among top gainers

The unit closed 20 paise lower at 73.31 per dollar on Thursday, tracking weak domestic equities and rebound in American currency

Calling 2020 the toughest of years, Rishad Premji in his letter thanked his employees for tackling all the challenges head-on

Crude oil prices also rise to highest levels since February 2020 as Saudi Arabia announces a big voluntary production cut and on a steep fall in US crude inventories

Equity markets are entering the New Year with hope. Here's what lies ahead

The move is aimed at curbing the threat to Americans posed by Chinese software applications, which have large user bases and access to sensitive data

Stocks to watch today on January 6: HDFC, HDFC Bank, RIL, Bajaj Finance, Hero MotoCorp, Godrej Consumer among others are the top stocks to watch out for in Wednesday's trading session

Public listings were cast down in the pandemic hit year before gaining traction - of the total 15 IPOs that hit the market in 2020 only SBI Cards checked in during the first half of the year

The administration of US President Donald Trump also put curbs on PDVSA's main trading partners, the owners of tankers still transporting Venezuelan oil and on fuel supply to the gasoline-thirsty nation

Milliman, which is among the world's largest providers of actuarial services, has got the mandate to compute the embedded value (EV) of the LIC, which is a key valuation metric for life insurance companies

The move by the NYSE, which will limit US investor access, follows global index providers MSCI Inc, S&P Dow Jones Indices and FTSE Russell and Nasdaq deleting various Chinese companies from their indexes