Business

The BSE 30-share barometer, after a weak start, continued its slide to plummet below the 36,000-mark to hit a low of 35,911.82 to finally settle 550.51 points, or 1.51 per cent, down at 35,975.63.

After slipping over 60 points, the index gained around 46 points to trade at 36,273.54 points.

The BSE benchmark Sensex, after opening positive at 36,691.93, advanced to a high of 36,711.62 on covering-up of short positions in select stocks.

The move will help refiners in Iran's second biggest oil market to boost purchases from alternative sources as US President Donald Trump prepares to halt Iranian oil sales through a new set of sanctions starting November 4.

The stock dived 23.49 per cent to end at Rs 300.70 on BSE. Intra-day, it plunged 33.81 per cent to Rs 260.10.

The Central Board of Direct Taxes (CBDT) had received representations from stakeholders seeking extension of the last date for filing of returns by taxpayers whose accounts have to be audited.

In this regard, the Centre has begun consultations with states as they are one of the sponsors of the regional rural banks (RRBs) in the country, a senior Finance Ministry official has said.

On September 10, the Chinese billionaire announced that he would step down as Alibaba's executive chairman in one year to make way for the next generation of leaders at the $420 billion e-commerce giant.

The 30-share index cracked 1,127.58 points, or three per cent, to hit an intra-day low of 35,993.64 on Friday. It, however recovered most of the losses within minutes of the fall. There were wild swings in the market, with the BSE Sensex finally settling...

The share touched a 52-week low of Rs 210.10 soon after the opening bell before recovering a bit to Rs 242 at the time of filing this report.

Slippages may increase in the short-term as recognition of non-performing assets is harmonised and accelerated, India Ratings said in a note.

Stocks saw a positive start as the Sensex touched a high of 37,530.63 intra-day in tune with the rupee recovering from its record low.

SBI has asked the interested ARCs/FIs to conduct the due diligence of these assets with immediate effect after submitting expression of interest and executing a non-disclosure agreement with the bank.

ArcelorMittal, which is competing against Numetal Ltd and Vedanta for the takeover of Essar Steel, on September 15 wrote a six-page letter to the Resolution Professional overseeing the auction of debt-laden steel producer.

Plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.

The rupee had a positive start and touched a high of 72.25 versus the dollar in early morning deals. But, it suddenly collapsed to hit a fresh record low of 72.74