Stock market LIVE updates: India VIX cools off 6%

MARKET LIVE: Sensex soars 800 points; Bajaj twins, HDFC top gainers

<strong>Stock market updates</strong>: Solid December quarter results, so far, and positive global cues fulled an across-the-board buying in the equity markets on Tuesday. Bulls recovered nearly all the losses incurred over the past two days and settled nearly 2 per cent higher today.<br />
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	In the intra-day trade, the S&P BSE Sensex zoomed 936 points to hit a high of 49,500 levels. The index pared gains marginally and closed with gains of 834 points, or 1.7 per cent, at 49,398.29 levels.<br />
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	Bajaj Finserv, Bajaj Finance, HDFC, ICICI Bank, and L&T jumped between 3 per cent and 7 per cent on the BSE today, contributing the most towards the index&#39;s gain. That apart, HDFC Bank, Reliance Industries, and TCS, all up in the range of 1.5 per cent to 2.5 per cent, remained other contributors.</div>
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	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 constituents ended the day in the green.</div>
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	In the broader market, mid-cap peers outperformed the large-caps, with the S&P BSE MidCap index settling 2.3 per cent higher at 18,953. The SmallCap index, on the other hand, closed at 18,634.97, up 1.6 per cent higher.</div>
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	Among key sectoral indices, Nifty Financial Services index ended 2.4 per cent higher at 15,614.10. During the day, Bajaj twins &ndash; 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 back of heavy volumes. <a href="https://www.business-standard.com/article/markets/nbfc-shares-in-focus-bajaj-twins-cholamandalam-investment-surge-over-5-121011900733_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	That apart, Nifty Realty index surged up to 4.8 per cent on the NSE, hitting an intra-day high of 341, which was close to its 52-week high level of 346.50. Among individual stocks, Indiabulls Real Estate zoomed 13 per cent to Rs 87.90; DLF hit a 52-week high of Rs 296 after rallying 7 per cent in intra-day trade; Godrej Properties, Prestige Estate Projects, Sobha, Oberoi Realty and Brigade Enterprises were up in the range of 3 per cent to 4 per cent.</div>
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	<strong>Global cues</strong></div>
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	European shares rose on Tuesday after Asian markets rallied on optimism about China&#39;s economy, while upbeat earnings reports from miner Rio Tinto and computer peripherals maker Logitech boosted sentiment.</div>
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	The pan-European STOXX 600 index gained 0.4 per cent, while Germany&#39;s DAX and France&rsquo;s CAC 40 gained 0.4 per cent and London&#39;s blue-chip index rose 0.7 per cent.</div>
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	Asian stocks closed in on all-time highs as investors wagered China&#39;s economic strength would help underpin growth in the region after data confirmed the world&#39;s second-largest economy was one of the few to grow over 2020.<br />
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	<em><strong>(With inputs from Reuters)</strong></em></div>

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

Business Standard

HDFC twins, RIL drive Sensex 834 pts up; Nifty tops 14,500; midcaps outrun | News on Markets - Business Standard

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Apollo Hospitals slips into the red after hitting 52-week high

&gt;&gt;&nbsp;Apollo Hospitals launched a QIP to raise as much as Rs 1,000 crore with floor price set at Rs 2,508.58 per share.<br />
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Man Industries gains 2.5% on new order win

&gt;&gt;&nbsp;Man Industries bags new orders worth Rs 250 cr,ore to be executed over 5 months<br />
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Result Reaction :: Indiabulls Real Estate zooms 7%

&gt;&gt;&nbsp;The consolidated net profit of the firm rose 64 per cent to Rs 80.69 crore for the quarter ended December. The company&#39;s total income was Rs 756.81 crore during the third quarter of the fiscal year, against Rs 1,317.70 crore a year ago.<br />
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&gt;&gt;&nbsp;Promoter of Adani Green Energy, Adani Trading Services LLP, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm, through open market transactions. Meanwhile, Acme Trade and Investment bought 3.61 crore shares at Rs 915.37 per share.<br />
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L&T Finance advances over 3% on fixing rights issue price

&gt;&gt;&nbsp;The board has fixed the price at Rs 65 per share for the Rs 3,000 crore rights issue which opens for subscription on February 1.<br />
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IndiaMART InterMESH benefits from strong Q3 results

&gt;&gt;&nbsp;The firm posted a 29 per cent rise in its consolidated net profit to Rs 80 crore for the third quarter ended December 31, 2020.<br />
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&gt;&gt;&nbsp;The automaker increased the price for select models by up to Rs 34,000 to offset adverse impact of rising input costs with effect from January 18.<br />
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Mindtree jumps over 5% as Q3 nos beat Street expectations

&gt;&gt; The consolidated net profit of the IT company jumped 65.7 per cent to Rs 326.5 crore in the December 2020 quarter. The company said its deal pipeline continues to be healthy and strong.
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Sensex Heatmap :: Across-the-board buying lifts index

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Opening Bell :: Sensex surges over 350 pts

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Nifty gains over 90 points in pre-open session

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

Stock market LIVE updates: India VIX cools off 6%

BUZZING :: DLF surges 4%

Apollo Hospitals slips into the red after hitting 52-week high

Man Industries gains 2.5% on new order win

Result Reaction :: Indiabulls Real Estate zooms 7%

Adani Green rallies around 2.5%

L&T Finance advances over 3% on fixing rights issue price

IndiaMART InterMESH benefits from strong Q3 results

Maruti Suzuki up on price hike

Mindtree jumps over 5% as Q3 nos beat Street expectations

Sectoral trends on NSE at Open

Sensex Heatmap :: Across-the-board buying lifts index

Opening Bell :: Nifty tops 13,350

Opening Bell :: Sensex surges over 350 pts

COMMODITY CHECK

Nifty gains over 90 points in pre-open session