MARKET WRAP: Sensex up 288 pts, ends above 39K; mid, small-caps outperform

All that happened in the markets today

10:33 AM

Full recovery in consumer durables will be long drawn affair: Analysts

Even as consumer durable firms are preparing in earnest for the upcoming festival season in a hope that Dussehra and Diwali will trigger an uptick in sales, analysts caution that the recovery in this segment will be a long drawn affair. Investors, they suggest, should put in money from a 12 – 18 month perspective that too on a decline. READ MORE

.

10:20 AM

ADF Foods hits 5% upper circuit after stake purchase by Ashish Kacholia

Shares of ADF Foods were frozen at the upper circuit limit ( up 5 per cent) for the second straight day on the NSE on Tuesday. The stock has surged 11 per cent in two days after investor Ashish Kacholia bought nearly one percentage point stake in the packaged foods company through the open market. READ MORE  

10:08 AM

Rupee opening

Rupee opens stronger at 73.38/$ vs Monday's close of 73.48 against the US dollar

10:07 AM

JB Chemicals surges 16%, hits all-time high as Q1 net profit jumps 92%

Shares of JB Chemicals and Pharmaceuticals rallied 16 per cent to hit an all-time high of Rs 965 apiece on the BSE on Tuesday, a day after the company reported a 92.6 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 119.42 crore for the quarter ended June 2020 against Rs 62 crore profit in the year-ago period. READ MORE

9:52 AM

Adani Green becomes first Adani group company to cross Rs 1-trillion m-cap

Shares of Adani Green Energy (AGEL) were locked in 5 per cent upper circuit at their fresh record high of Rs 670.65 on the BSE on Tuesday, thereby entering the elite club of firms with Rs 1 trillion market-capitalisation (m-cap). The firm joins the ranks of Titan Company, UltraTech Cement, Sun Pharmaceutical Industries, Larsen & Toubro (L&T), and Avenue Supermarts. READ MORE

9:45 AM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(%)
VODAFONE IDEA	12.07	4.32
UCO BANK	13.94	-2.59
FUTURE CONSUMER	9.77	-1.51
ST BK OF INDIA	198.95	0.20
B H E L	36.35	0.14

9:44 AM

Promoter pledging hits three-year high in August at 1.86% of market cap

Shares pledged by promoters as a percentage of India’s total market capitalisation rose to 1.86 per cent — the most since April 2017 — at the end of August 2020. The value of pledged shares soared 56 per cent to Rs 2.77 trillion in August, from Rs 1.78 trillion at the end of July, according to data provided by primeinfobase.com. READ MORE

9:33 AM

Sugar stocks rally in trade ahead of Cabinet meeting

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)	VALUE (rs CR)
BAJAJ HINDUSTHAN	5.80	5.85	5.70	0.22	3.94	0.05
UGAR SUGAR WORKS	15.15	15.28	14.70	0.96	6.77	0.02
DHAMPUR SUGAR	151.00	152.80	149.60	4.85	3.32	0.13
BALRAMPUR CHINI	154.55	156.60	153.55	4.20	2.79	0.13
EID PARRY	319.80	321.50	315.80	9.85	3.18	0.18
AVADH SUGAR	200.05	204.00	198.00	10.15	5.34	0.10

9:30 AM

Hexaware Tech gains 1% on last day of share tendering for delisting

9:28 AM

Apollo Hospitals surges over 2%

>> Apollo Hospitals’ consolidated loss before tax in the first quarter stood at Rs 267 crore, against profit before tax of Rs 94.4 crore, a year ago. Net loss during the quarter was Rs 208 crore, compared to a profit of Rs 57.2 crore, last year.

9:27 AM

Result Impact | NBCC slips over 1.5%

>> State-owned NBCC Ltd on Monday reported a 80 per cent decline in its consolidated net profit at Rs 10.28 crore for the quarter ended June. The company's net profit stood at Rs 51.46 crore in the year-ago period.

9:25 AM

BSE up 1%

>> Acacia Banyan Partners and Acacia Conservation Fund LP have bought a total of 7,49,380 shares at an average price of Rs 549 apiece, NSE bulk deal data showed.

9:24 AM

Strides Pharma adds over 2.5%

>> The company on Monday announced that it is investing in SteriScience Pharma (‘SteriScience’) to make it the Company’s dedicated arm for global sterile injectables business. The company will invest Rs 135 crore over the next 24 months

9:23 AM

Divi's Labs up around half a per cent

9:21 AM

Infosys extends gains