Sensex Today: Stock Market LIVE Updates: Sensex, Nifty gyrate between gains & losses; Pharma index rallies over 2%; Sun Pharma up 3%, ITC 1%

Top 5 gainers at this hour

Price as on 11 Mar, 2022 02:08 PM, Click on company names for their live prices.

Jindal Steel and Power Limited (JSPL) on Friday said it will pay a dividend to investors for financial year 2021-22 and aims to become net debt-free in the upcoming financial year.

Price as on 11 Mar, 2022 01:50 PM, Click on company names for their live prices.

LIC releases Q3 report card ahead of IPO, profit jumps to Rs 235 crore

IPO-bound life insurer LIC on Friday said its December quarter profit stood at Rs 234.9 crore compared with Rs 90 lakh in the same quarter last year after a change in its fund distribution policy allowed shareholders to receive a higher share in surplus. The first year premium for the life insurer rose to Rs 8,748.55 crore from Rs 7,957.37 crore in the same quarter last year. Renewal premium came in at Rs 56,822.49 crore, up from Rs 54,986.72 crore in the year-ago quarter.

STOCKS@52-WEEK HIGHS

Price as on 11 Mar, 2022 01:31 PM, Click on company names for their live prices.

In the current calendar year 2022 (last two months), BSE Mid Cap Index is down by 8% and BSE Small Cap Index is down by 11%. What is important is that both the indices on a 1-year basis are still up by 15% & 31% respectively. In fact, BSE Small-Cap index continues to outperform the large-cap indices Sensex & Nifty. But if one looks at stock-price specific corrections, there are many-many stocks, which have corrected by more than 25%-50%…