HDFC twins, ICICI Bank help Sensex settle 169 pts higher; Nifty tops 11,950

All that happened in the markets today

The Indian stock market witnessed a sharp recovery in the last hour of the session, supported by buying in financial counters.

Among the headline indices, the S&P BSE Sensex gained 169 points, or 0.42 per cent to end at 40,795 levels while the NSE's Nifty50 index ended at 11,971, up 37 points, or 0.31 per cent. India VIX slipped nearly 2.5 per cent to 20.21 levels.

ICICI Bank, HDFC and HDFC Bank contributed the most to the Sensex's gains. 

In the broader market, the S&P BSE MidCap index gained 0.5 per cent while the S&P BSE SmallCap index ended 0.19 per cent lower. 
 

Global markets

European shares held steady on Wednesday, underpinned by gains for Wall Street futures, following losses the day before on vaccine trials and a stimulus impasse, while the dollar was also stable. 

(With inputs from Reuters)

3:43 PM

SECTOR WATCH | Nifty Bank up over 1.6%

3:42 PM

MARKET AT CLOSE | Gainers and losers on the BSE Sensex

3:36 PM

CLOSING BELL

The S&P BSE Sensex ended 169 points, or 0.42 per cent higher at 40,795 levels while NSE's Nifty ended at 11,971, up 36 points, or 0.31 per cent.

3:30 PM

Interest waiver case | Not enough time today. Please fix it for a day when we have more time: Harish Salve to SC bench

(as reported by CNBC-TV18)

3:26 PM

MARKET CHECK

3:20 PM

NEWS ALERT | Interest waiver case hearing begins in Supreme Court

3:16 PM

KIOCL freezes at 10% upper circuit as Board to mull share buyback

Shares of KIOCL (Kudremukh Iron Ore Company Limited) were locked in the 10 per cent upper circuit band at Rs 141.95 on the BSE on Wednesday after the company said its board will meet on Monday, October 19, to consider share buyback proposal. READ MORE

3:09 PM

Top gainers on the BSE at this hour

3:01 PM

NEWS ALERT | Equitas Small Finance Bank files for an IPO for up to Rs 280 crore: CNBC TV18

-- Equitas Small Finance Bank will also have an OFS by Equitas Holdings for up to 7.2 crore equity shares

3:01 PM

Nifty Bank index zooms nearly 300 pts; IndusInd, SBI top gainers

2:58 PM

MARKET UPDATE :: Sensex sees smart recovery

2:54 PM

India VIX slips over 2% to 20.28 levels

2:48 PM

NEWS ALERT :: Bench takes another case; hearing in interest waiver case halts

2:41 PM

Recovery from intra-day lows in today's session

COMPANY	DAY'S LOW(RS)	DAY'S HIGH(RS)	LATEST(RS)	RISE(%)
JINDAL STAIN.	49.05	58.25	56.55	15.29
INDIABULLS HOUS.	144.75	156.40	155.65	7.53
ORIENT REFRAC.	187.10	201.00	199.00	6.36
GARDEN REACH SH.	191.00	207.00	202.70	6.13

2:39 PM

NEWS ALERT :: SC begins hearing in interest waiver case