Stock Market Live: Indian markets fall in pre-open trade; Sensex drops over 300 pts | News on Markets


9:01 AM

ALERT :: Paytm issues clarification on Adani buying stake in company


Paytm said, “We hereby clarify that the abovementioned news item is speculative and the Company is not engaged in any discussions in this regard.”

 


 

8:37 AM

HAL Nashik unit cranks up to 24 Tejas light combat aircraft a year

Hindustan Aeronautics (HAL), the lead integrator of the indigenous Tejas light combat aircraft (LCA), is grappling with an unusual predicament: a problem of plenty. Plenty of orders, that is. READ MORE

Govt to dilute 10% stake in military plane maker HAL

8:25 AM

IMF upgrades China’s growth forecast to 5%


The International Monetary Fund raised its forecast Wednesday for China’s growth this year to 5%, from 4.6% previously, due to “strong” first quarter figures and recent policy measures.


 

Source: CNBC

Industrial output rose 0.7% from a year ago, while the almost 7% contraction in retail sales was better than the plunge in the previous month. (Photo: Bloomberg)

7:54 AM

Wockhardt, Brigade Ent, Medplus Health among six stocks to watch on May 29

Wockhardt: Wockhardt reported its Q4 earnings, disclosing a net loss of Rs 177 crore compared to a loss of Rs 237 crore Y-o-Y. Revenue increased by 3.2 per cent to Rs 700 crore from Rs 678 crore Y-o-Y. READ MORE

Wockhardt chairman Habil Khorakiwala

7:53 AM

Stocks to watch on May 29: RIL, NBCC, Hindalco, IRCTC, Grasim Industries

Reliance Industries (RIL): RIL has inked a one-year deal with Russia’s Rosneft to purchase at least 3 million barrels of oil per month in roubles. READ MORE

Reliance Industries, Reliance, RIL

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