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

Stock market LIVE updates: India VIX cools off 6%

1:39 PM

ALERT :: India VIX drops 5%

1:29 PM

Mind your money :: Strike a balance between tax saving and liquidity

The government offers several benefits to senior (60-80 years of age) and very senior citizens (above 80 years) in the matter of income-tax (I-T). Such benefits come either in the form of enhanced deductions or relaxations in tax-filing procedures. READ MORE

1:18 PM

L&T Technology advances 10% ahead of Q3 results; surges 50% in 3 months

Shares of L&T Technology Services (LTTS) moved higher by 10 per cent to Rs 2,621 on the BSE in the intra-day trade on Tuesday on the back of heavy volumes ahead of its October-December quarter (Q3FY21) results. The company said it will announce its results for the third quarter of FY21 on Wednesday, January 20, 2021 post market hours. The stock of LTTS, a subsidiary of Larsen & Toubro (L&T) focused on engineering, research & development (ER&D) services, hit a record high of Rs 2,780 on Friday, January 15, 2021. READ MORE

1:09 PM

BUZZING :: Bajaj Finance rallies 5%

1:06 PM

SENSEX SURGES 700 PTS

1:01 PM

Robust deal wins, strong demand to keep growth momentum high for Mindtree

IT services firm Mindtree reported a strong revenue performance in a seasonally weak third quarter (Q3). The Bengaluru-based company’s revenue came in higher than the Street’s estimates at Rs 2,023.7 crore, translating to a 5.1 per cent growth sequentially. READ MORE

12:52 PM

NEWS FLASH :: Wendt India board will consider interim dividend on Jan 22, Friday

Shares trade marginally higher at Rs 3,321.60 on the BSE

12:40 PM

Dec Quarter Result :: Bank Of Maharashtra's net profit rises 13.9% at Rs 154.1 cr Vs Rs 135.3 cr (YoY)

12:31 PM

Siemens trades near record high on strong outlook; surges 25% in two months

Shares of Siemens rose 4 per cent to hit a 52-week high of Rs 1,706 on the BSE on Tuesday, surpassing its previous high of Rs 1,673 scaled on January 11. The stock of heavy electrical equipment manufacturer was quoting close to its record high level of Rs 1,717, touched on October 23, 2019. In the past two months, the stock has rallied 25 per cent. READ MORE

 

12:14 PM

Maruti Suzuki, Tata Motors, M&M: Price hike puts auto stocks in fast lane

Maruti Suzuki India (MARUTI): The "Inverse Head and Shoulder" breakout indicates a medium-term rally towards Rs 9,500 levels. The trend is expected to stay bullish as long as the stock holds the support of Rs 7,000 levels. The immediate trend suggests a positive bias, till the scrip trades above Rs 7,500 levels, with likely near-term targets of Rs 8,300 to Rs 8,500 levels. READ MORE

12:05 PM

Damanis hike stake in India Cements in Q3 to 21%; stock jumps 6%

The promoter of Avenue Supermarts and billionaire investor Radhakishan Damani, along with brother Gopikishan S Damani, hiked stake in India Cements during the December 2020 quarter following a stellar performance by the firm from its 52-week low level scaled in February last year. READ MORE

12:04 PM

NEWS ALERT :: Adani Enterprises inks Concession Agreement with AAI for 3 airports

>> Adani Jaipur International Airport Limited, Adani Guwahati International Airport Limited and Adani Thiruvananthapuram International Airport Limited, wholly-owned subsidiaries of the Company have signed the Concession Agreement on 19th January, 2021 with Airports Authority of India for the Operations. Management and development of Jaipur, Guwahati and Thiruvananthapuram Airports respectively.

>> The concession period is 50 years from the commercial operation date

11:54 AM

Sensex Heatmap | Only two stocks in the red as index jumps 600 points

11:51 AM

IPO Update :: IRFC IPO subscribed 83% on Day 2 so far

11:46 AM

Global Market Update

U.S. stock index futures rose, as most Asian equities climbed, amid bullish sentiment a day before President-elect Joe Biden’s inauguration. March contracts on the S&P 500 advanced 0.7% in Tokyo. Futures added 0.5% on the Dow Jones Industrial Average and 1% for the Nasdaq 100 Index. An Asia-Pacific share gauge gained the most in more than a week. (Source: Bloomberg)