F&O expiry: L&T, HDFC twins drag Sensex 173 pts; Nifty settles at 11,671

All that happened in the markets today

2:03 PM

Sept Quarter Result | Maruti Suzuki logs profit of Rs 1,371.6 crore

>> Revenue comes in at Rs 18,744.5 crore

>> EBITDA stands at Rs 1,933 crore

>> EBITDA margin at 10.3%

1:53 PM

Axis Bank well-placed to face downside risks due to tough conditions: S&P

Bank's risk appetite, which has been subdued over the past six months, is expected to grow in line with the system average for the fiscal year ending March 31, 2021. However, it is well positioned to take advantage of a potential economic rebound and grow faster than the industry average in FY22 and FY23. READ MORE

1:47 PM

India's yearly gold demand in 2020 can be the lowest since 1995: WGC

As per WGC data, the calendar year 1995 was the worst with the yearly gold demand in India at 462 tonnes, which improved marginally to 511 tonnes in 1996, 547 tonnes in 2002 and 642 tonnes in 2009. READ MORE 

1:45 PM

NEWS ALERT | There will be much more work on digital transformation: Infosys CEO Salil Parekh

-- Have launched our cloud brand 'Infosys Cobalt': Parekh

-- (via CNBCTV18)

1:40 PM

Pidilite Industries advances 5% on acquisition of Huntsman Group arm

Shares of Pidilite Industries rose 5 per cent to Rs 1,595 on the BSE on Thursday after the company said it has acquired the consumer & bazaar business of Araldite in Indian sub-continent. This is for a cash consideration of approx. Rs 2,100 crore, it said. “The board of the company approved a definitive agreement with Huntsman Group (USA) for acquiring 100 per cent stake in one of their subsidiaries in India namely, Huntsman Advanced Materials Solutions Private Limited (HAMSPL),” Pidilite Industries said in a press release today. READ MORE

1:32 PM

Q2 RESULTS | BPCL standalone net profit at Rs 2,248 crore

-- Revenue at Rs 50,146.4 crore

1:20 PM

MARKET UPDATE:: Broader indices underperform benchmarks; India VIX up 4%

1:08 PM

INDEX GAINER | Asian Paints up over 2%

12:59 PM

Crude oil price rebound may come in late 2021, says pipeline giant

“Given the combination of the record retrenchment in drilling and completion activities by US producers, refocused capital allocation and the effects of steep decline curves resulting in a decrease in shale production, we believe this price signal for higher crude oil prices could occur as early as the second half of next year,” Jim Teague, co-chief executive officer of Enterprise Products Partners, said on Wednesday in the company’s third-quarter earnings statement. READ MORE

12:58 PM

Top gainers on the BSE at this hour

12:48 PM

Ajanta Pharma trades firm in a subdued market as board mulls share buyback

“The company has now informed BSE that at the aforesaid board meeting, the board of directors will also consider a proposal for buy-back of the equity shares of the company,” Ajanta Pharma said in regulatory filing on Wednesday after market hours. READ MORE

12:38 PM

Sept Quarter Result | Strides Pharma reports net profit of Rs 80 cr vs Rs 150 cr YoY

>> Consolidated revenue improves to Rs 790 cr vs Rs 720 cr YoY

>> EBITDA at Rs 165 cr

12:31 PM

Recovery from intra-day lows in today's session

COMPANY	DAY'S LOW(RS)	DAY'S HIGH(RS)	LATEST(RS)	RISE(%)
ADANI GREEN	750.00	815.50	815.50	8.73
QUESS CORP	371.00	402.90	400.55	7.96
FUTURE RETAIL	66.50	72.20	71.50	7.52
THYROCARE TECH.	1071.20	1174.50	1148.30	7.20

12:26 PM

Result Today :: Here's what brokerages expect from TVS Motors' Q2FY21 numbers

According to Prabhudas Lilladher, with volumes declining around 2 per cent YoY (up 225 per cent QoQ) coupled with growth in expected realization by around 11 per cent YoY, TVS Motors' Q2FY21 revenue is likely to grow 8.7 per cent YoY to Rs 4,724.6 crore. The bottom line is seen growing 19.5 per cent YoY to Rs 213.9 crore. READ MORE

12:19 PM

ALERT :: Cabinet meeting concludes