Sensex rises for 2nd day, surges 1,223 pts; Nifty tops 16,300; RIL zooms 5%

CLOSING BELL: Ukrainian President Volodymyr Zelenskyy's reported statement that his country has cooled down on the question of a NATO membership calmed investor nerves

12:25 PM

Goldman Sachs sees gold prices hitting $2,500/oz by year-end

Earlier in January, Goldman Sachs had raised their 12-month gold price forecast to $2150 per troy ounce on the view that an impending US growth slowdown would lead to increased concerns of a US recession and incentivize 300 tons of inflows into gold ETFs. READ MORE

12:11 PM

Indigo, SpiceJet can jump up to 8% as intl flights resume, reveal charts

Both, Indigo and SpiceJet had broken major key levels; For reversal to take place these stocks need to conquer near-term hurdles and show sustainability. READ MORE

11:59 AM

Nifty 50 at day's high, inching towards 16,200 levels

11:51 AM

Pharma stocks in the pink of health; Zydus, Lupin surge over 3%

11:39 AM

Nifty Media spikes over 3%; Majority media stocks in green

11:35 AM

Analysts caution against betting on crude-dependent chemical stocks

With Brent crude leaping to almost $140 per barrel on Sunday, the highest it has been since 2008 – up nearly 80 per cent thus far in calendar year 2022 (CY22), multiple sectors have started feeling the heat of the subsequent raw material inflation. READ MORE

11:27 AM

Brent crude cools off to $130 a barrel

11:24 AM

Firm trade for US equity futures; Dow futures jumps over 160 points

11:11 AM

Russia-Ukraine crisis pushes back SCI privatization; stock tumbles

11:04 AM

Sun Pharma rallies 8% in 2 days on heavy volumes; stock nears 52-week high

Shares of Sun Pharmaceutical were up 3.5 per cent at Rs 885.80 on the BSE in Wednesday's intra-day trade, surging 8 per cent in the past two trading days, amid heavy volumes. The stock of the drug maker was close to its 52-week high level of Rs 902.50 touched on February 4, 2022. READ MORE HERE

10:58 AM

Shriram City declares second interim dividend of Rs 27; stock gains over 2%

10:56 AM

Market Check : Sensex extends gains, rises over 500 points

 

10:45 AM

ALERT | Coal India says first auction under the single window booked 100%

<< CIL’s first auction under common window gets rousing response it says.

<< Coal India's (CIL) first ever offer of nearly 5.2 Lakh Tonnes (LTs) of coal under the recently revamped single window e-auction was met with encouraging response from coal consumers with 100 per cent of the offered quantity getting booked.

<< After the merger of earlier multiple auction windows into a solitary outlet, CIL conducted e-auction in two of its subsidiaries. The entire quantity of 3.2 LTs offered by Northern Coalfields Limited was fully booked.

<< Similarly, a little over 1.98 LTs placed under the sole e-hammer by Eastern Coalfields Limited got totally ordered.

10:45 AM

APSEZ-IOC ink pact to accelerate crude volumes; stock spurts over 2%

10:41 AM

TCS' Rs 18,000-crore buyback opens today; should investors tender shares?

The mega Rs 18,000-crore buyback by IT giant Tata Consultancy Services (TCS) opens today and will run till March 23. The 14-day long buyback offer is priced at Rs 4,500 per equity share, a 23.53 per cent premium to the volume weighted average market price since January 7, 2022, and about 25 per cent higher than the current market price. READ MORE HERE