HDFC twins, RIL drive Sensex 834 pts up; Nifty tops 14,500; midcaps outrun

Stock market LIVE updates: India VIX cools off 6%

3:35 PM

CLOSING BELL

The S&P BSE Sensex index pared gains marginally and closed with gains of 834 points, or 1.7 per cent, at 49,398.29 levels. 

 

On the NSE, the Nifty50 reclaimed the 14,500-mark in the intra-day trade to hit a high of 14,546. The 50-share index, however, closed at 14,521 levels, up 239.85 points or 1.68 per cent. 46 of the 50 continuents ended the day in the green.

3:29 PM

Dec Quarter Result :: Ceat's net profit comes in at Rs 132.1 crore

>> Revenue comes in at Rs 2,221.3 crore

>> EBITDA at Rs 327.7 crore

>> EBITDA margin at 14.7%

3:21 PM

Apollo Hospitals hits record high on launch of Rs 1,000-crore QIP

The company said funds would be utilized for purchasing the balance 50 per cent stake in Apollo Gleneagles, any potential inorganic opportunity, reducing debt, technology upgradations, and other general corporate purposes. READ MORE

3:14 PM

NBFC shares in focus; Bajaj twins, Cholamandalam Investment surge up to 9%

Shares of non-banking financial companies (NBFC) were in focus in Tuesday's session as the Bajaj twins – Bajaj Finance and Bajaj Finserv - rallied 9 per cent and 6 per cent, respectively, while Cholamandalam Investment and Finance Company, too, surged 9 per cent on the BSE in intra-day trade on the back of heavy volumes. READ MORE

3:02 PM

Market Update :: Sensex rallies over 900 points

2:59 PM

IRFC IPO sails through on Day 2 of the bidding process

2:55 PM

Home First Finance IPO to open on Jan 21; issue price fixed at Rs 517-518

Investors can bid for 28 equity Shares and in multiples thereof

 

2:44 PM

Stocks that hit 52-week high on BSE today

COMPANY	PRICE(rs)	52 WK HIGH	CHG(%)
A B B	1387.20	1417.70	3.14
APOLLO HOSPITALS	2650.00	2654.05	1.65
BAJAJ AUTO	3657.60	3663.95	2.73
BANK OF MAHA	15.60	16.17	5.76
CAN FIN HOMES	527.55	529.20	5.39

2:37 PM

Nifty reclaims 14,500-mark in intra-day trade

2:31 PM

Tata Metlaliks Q3 reportcard

>> Revenue at Rs 526 cr vs Rs 519 cr YoY

 

>> PAT at Rs 75 cr vs 46 cr YoY

 

>> Total Income at Rs 528 cr vs Rs 522 cr YoY

>> EBIDTA at  Rs 127 cr vs 78 cr YoY

2:26 PM

Chemcrux shuts down production operations at Ankleshwar Plant; stock tanks

The company said it has shutdown production activities at Ankleshwar Plant, as a self compliance to the closure order of Gujarat Pollution Control Board (GPCB). Stock was down over 8%.

2:20 PM

Top gainers on the BSE at this hour

COMPANY	PRICE(rs)	CHG(%)
INDBULL.REALEST.	86.40	10.63
HFCL	33.20	10.48
L&T TECHNOLOGY	2575.95	8.42
SOBHA	484.90	8.32
L&T FIN.HOLDINGS	107.35	7.89

2:14 PM

Heatmap: S&P BSE Sensex gainers and losers

2:00 PM

Automobile Q3 results preview: Strong volume recovery to drive earnings

A sharp recovery in volumes across segments and leaner cost of operations due to cost-cutting measures are set to help auto companies post strong results for the December quarter of FY21 (Q3FY21), analysts believe. Moreover, pent-up demand, increased preference for personal mobility and strong rural sentiments have also helped revive the sector.

 

According to HDFC Securities, the demand for automobiles has been resilient even post the traditional Diwali sales. READ MORE

1:48 PM

MARKET CHECK :: MidCap stocks outperform; NBFC stocks lead