Sensex ends subdued day 235 pts up, Nifty swings above 18,200; SBI leaps 3%

CLOSING BELL: The Nifty PSU Bank index sharply outperformed other indices as it gained 4.5 per cent

3:35 PM

NSE Nifty50 gains 86 pts, settles at 18,203

3:33 PM

Closing Bell:: Sensex ends 235 pts higher at 61,185

3:25 PM

Paytm, Nykaa among tech stocks under watch as lock-in period ends

India’s fledgling technology sector faces a key test this month as lock-up periods on $14 billion worth of shares sold in initial public offerings expire, allowing billionaire backers including Warren Buffett and Masayoshi Son to sell. READ MORE

3:19 PM

Inox Green IPO to open on Nov 11, sets price band at Rs 61-65 per share

Inox Green Energy Services, a subsidiary of Inox Wind, has fixed a price band of Rs 61-65 per share for its Rs 740-crore initial public offering (IPO). READ MORE

3:12 PM

Global Check:: US, UK stock futures exhibit mixed trend

Source: Investing.com

3:03 PM

ISMA hails sugar export policy, confident of govt nod for add'l 3 mn tons

ISMA welcomes government's decision to allow export of 6 million tonnes of sugar till May 31 of the 2022-23 season and expressed confidence of getting export nod for additional 3 million tonnes. READ MORE

2:54 PM

JK Lakshmi Cement soars 15% in 2 days on hopes of margin improvement ahead

Analysts said the results were better than estimated, mainly driven by better-than- expected realisations that were up around 17 per cent YoY to Rs 5,651/tonne (up 1.5 per cent QoQ). READ MORE

 

2:45 PM

BSE 500:: Marico, IRB Infra, BoB among volume shockers

Marico witnessed unusually high volume of around 2.13 lakh shares on the BSE so far as against its five-day average volume of around 20,750-odd shares. Similarly, IRB Infra Developers, Sundaram Clayton, Bank of Baroda and JM Financial witnessed a significant spike in volume on Monday.

2:35 PM

CreditSights says Adani Group continues to seek strategic partners

Gautam Adani's conglomerate continues to seek strategic equity partners aligned with its long-term investment strategy as it expands across energy to transport to mining sectors, says CreditSights. READ MORE

 

2:26 PM

India Cements Q2 net loss at Rs 113 cr, revenue up 7.46% to Rs 1,327 crore

India Cements Ltd on Monday reported a consolidated net loss of Rs 113.26 crore for the second quarter ended September 2022. Its revenue from operations was up 7.46 per cent to Rs 1,327.06 crore in the second quarter of this fiscal. The same stood at Rs 1,234.85 crore a year ago. READ MORE

2:16 PM

'$8 for all': Elon Musk on fees for blue-tick Twitter verification

Twitter Blue, a new feature that for $8 allows users of the social media platform get verified status, will come to India within a month. The cost will be alike for celebrities and other users already having verified status. READ MORE

2:05 PM

Earnings Alert: RateGain reports Q2 turnaround; stock jumps 4%

RateGain Travel Technologies reported a turnaround in Q2FY22, with Rs 12.96 crore profit as against a net loss of Rs 1.9 crore in Q2Fy21. Total income soared 49.7 per cent to Rs 131.44 crore.

1:54 PM

Earnings Alert: TTML Q2 net loss narrows to Rs 293 crore; stock flat

Tata Teleservices (Maharashtra) Q2 net loss narrowed to Rs 292.76 crore for the quarter ended September 2022 as against loss of Rs 313.63 crore in the corresponding quarter a year ago. Total income was up 2.8 per cent at Rs 279.04 crore from Rs 271.33 crore.

1:45 PM

Sensex 30 Heatmap:: Asian Paints, Bajaj twins slip; SBI, Tata Steel stand firm

1:36 PM

Global Check:: Hang Seng, Nikkei stand tall in Asian trade

Source: Yahoo Finance