Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM

Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent

9:09 AM

Nifty50 rises 0.4%; above 17,400-level in pre-open session

9:07 AM

Pre-open session :: Sensex rises by 0.8% or 439 points

9:03 AM

Top stocks to watch today

Listing Today: Ami Organics, Vijaya Diagnostic will debut on the bourses today. The former’s IPO was subscribed 64.53 times, while the latter’s IPO was subscribed 4.54 times.

 

Kesoram Industries: BK Birla Group flagship Kesoram Industries on Monday said it will launch a rights issue of over 7.99 crore equity shares on September 27 to raise up to Rs 399.99 crore. It fixed the rights entitlement ratio of 133 for every 274 equity shares held by eligible shareholders of the company as on the record date.

 

Infosys: IT services major Infosys on Monday said it has bought back over 5.58 crore equity shares as part of its about Rs 9,200 crore buyback offer. The shares were bought back at a volume weighted average price of Rs 1,648.53 per equity share, according to a public notice. The company also said that it will announce its financial results for the September quarter on October 13. The board will also consider declaration of interim dividend, if any.  READ MORE

8:46 AM

Here's why Osho Krishan is bullish on L&T Fin, Hindustan Aero, Inox Wind

BUY L&T FINANCE HOLDINGS LTD| TARGET: 90 | STOP LOSS: 82

 

L&TFH has recovered over 11 per cent from its recent swing low in the last few trading weeks and currently is consolidating near its previous swing lows and 200 DEMA on the daily chart. The stock price construes forming a strong base before another set of a rally. On technical parameters the stock is hovering well above the mean of the Bollinger (20, 2) and also the oscillator, MACD has seen positive crossover affirming the bullish stance in the counter from short to medium-term perspective.  READ MORE

8:41 AM

Market Ahead Podcast, September 14: Factors that could guide markets today

A slew of macroeconomic data points and primary market triggers are expected to keep investors busy on Tuesday. The initial trading hours in the secondary market will be guided by retail inflation data, released after market hours on Monday, and by wholesale inflation print, set to be released later today. READ MORE

 

8:32 AM

FIIs were net buyers, but DIIs turned net sellers on Monday

8:32 AM

BSE bulk deal data for Monday

Read in detail here

8:30 AM

Bulk deal on NSE on Monday

Click here for detail

8:29 AM

SGX Nifty signals positive start

>> At 8:25 AM, the SGX Nifty was at 17,411 levels, up 49 points

8:25 AM

Rupee slumps 18 paise to close at 73.68 against US dollar

The Indian rupee fell 18 paise to close at 73.68 (provisional) against the US dollar on Monday, tracking a strong American currency in the overseas market and muted trend in domestic equities. At the interbank foreign exchange market, the local currency opened at 73.63 and dropped to a low of 73.73 in the day trade. The domestic unit finally settled at 73.68 against the greenback, down 18 paise over its previous close.

 

Source: PTI

8:25 AM

Oil extends gains on worries of U.S. supply disruptions from another storm

Oil prices extended gains on Tuesday, hovering near a six-week high, on signs another storm could affect output in Texas this week even as the U.S. industry struggles to return production after Hurricane Ida wreaked havoc on the Gulf Coast.

 

Brent crude rose 15 cents, or 0.2% to $73.66 a barrel by 0048 GTM, having gained 0.8% the previous day. U.S. West Texas Intermediate (WTI) crude also climbed 23 cents, or 0.3%, to $70.68 a barrel, after rising 1.1% on Monday.

 

Both benchmarks were hovering near their highest since early August hit the previous day.

 

Source: Reuters

 

8:24 AM

Asia-Pacific shares mixed

Shares in Asia-Pacific were mixed in Tuesday morning trade as investors look ahead to the release of U.S. consumer inflation data for August. The broader Hang Seng index in Hong Kong rose 0.19%, recovering partially from its Monday drop. Mainland Chinese stocks were mixed, with the Shanghai composite dipping 0.17% while the Shenzhen component climbed 0.17%.

 

The Nikkei 225 in Japan rose 0.8% while the Topix index advanced 0.66%. South Korea’s Kospi gained 0.83%. Over in Australia, the S&P/ASX 200 shed 0.29%. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.21% higher.

 

Source: CNBC

8:23 AM

US markets end mixed; Dow Jones and S&P500 gain, but Nasdaq ends lower

The Dow Jones and S&P500 both advanced on Monday for the first time in six sessions as investors bet that some recent selling looked overdone. The Dow gained about 260 points, or 0.76%, after at one point during the session rising nearly 1%. The S&P advanced 0.23%.

 

The Nasdaq Composite, however, bucked the trend and slid 0.07% for its fourth straight negative session. The tech-heavy index is on its longest daily losing streak since mid-July.

 

Eight out of 11 sectors finished in the green, led higher by energy stocks, which jumped on the back of rising oil prices.

 

Source: CNBC

8:18 AM

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