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Sensex, Nifty listless; Metal, Realty indices up over 1%

22Dec

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Business

Sensex, Nifty listless; Metal, Realty indices up over 1%

9:41 AMAllcargo Logistics surges 7% as Board approves biz restructuring>> The boards of Allcargo Logistics and Allcargo Gati on Thursday approved restructuring of businesses. >> As per the scheme, International Supply Chain (ISC) business will be demerged into a separate entity -- Allcargo ECU Ltd. >> Allcargo Gati climbs 4%9:38 AMTata Motors DVR rises 2% as NSE, BSE issue NOC for delisting>> The BSE and NSE have approved the cancellation of ‘A’ ordinary shares (DVR) of Tata Motors and allot ordinary shares.>> Exchanges also approved the scheme of arrangement for this between the company, shareholders and creditors. 9:37 AMZomato trades higher on denying Shiprocket buyout reports>> We deny this statement and would like to caution investors against suc...

Sensex vaults 350 pts; IT, FMCG shine; Auto, banks tepid

6Dec

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Business

Sensex vaults 350 pts; IT, FMCG shine; Auto, banks tepid

2:39 PMTata Power soars 6%; hits new high after 20 months on positive outlookCRISIL Ratings expects Tata Power's consolidated adjusted Ebitda to be more than Rs 12,000 crore each in fiscals 2024 and 2025, against around Rs 11,500 crore in FY23 and around Rs 9,600 crore in FY24. READ MORE 2:30 PMALERT:: Zydus Life gets USFDA nod for Methylene Blue Injection; stock marginally up Zydus Lifesciences in an exchange filing said it received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Methylene Blue Injection, 10mg/2ml and 50mg/5ml. 2:20 PMGautam Adani's next milestone is plan for $1.25 billion of green arm debtWe are coming close to timelines where we would like to see a concrete and definitive plan" Abhishek Dangra, a Si...

Asian stocks, US futures dip; Crude oil holds $80

16Nov

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Business

Asian stocks, US futures dip; Crude oil holds $80

Stock Market Live: After closing at four-week highs in the previous session, benchmark indices Sensex and Nifty could start in green on Thursday with tepid gains. At 7:30 am, the Gift Nifty futures were trading 27 points higher at 19,759. Producer prices in the US fell by 0.5 per cent in October marking the biggest monthly drop since April 2020. Retail sales dipped 0.1 per cent to mark the first such decline in 7 months, making the case for the Fed to wrap its rate hiking cycle. The Dow Jones rose 0.47 per cent, the S&P 500 gained 0.16 per cent and the Nasdaq Composite added 0.07 per cent. However in Asia, most indices held slight losses. Nikkei, Hang Seng, S&P/ASX 200 dipped 0.2-0.3 per cent. Kospi was the sole gainer with a 0.14 per cent gain. Back home, TCS will be...

Sensex up 150 pts, Nifty near 19,100; RIL, Airtel lead

30Oct

By adminNo Comments

Business

Sensex up 150 pts, Nifty near 19,100; RIL, Airtel lead

Stock market updates on October 30, 2023: Frontline indices were seen trading with a flat bias post early volatility on Monday. Index heavyweight Reliance Industries helped offset losses caused by a fall in auto and financial shares. After opening with a 100-point gap, the BSE Sensex slipped into red and touched a low of 63,431. The BSE benchmark, thereafter, recouped losses and was seen hovering around its previous day's close at 63,800 levels. The NSE Nifty50 was seen quoting around the 19,050 mark. Among the Sensex 30 shares, Reliance was up over 2 per cent after the firm reported a strong set of earnings over the weekend. Read More Bharti Airtel, UltraTech Cement, Asian Paints and HDFC Bank were few of the other notable movers. On the o...