Sensex ends at fresh closing peak of 48,782, up 689 pts; Nifty at 14,347

Tata Consultancy Services (TCS) hit a record high of Rs 3,127.55 apiece in the intra-day trade and closed 3 per cent higher ahead of the announcement of Q3FY21 results

2:43 PM

ALERT :: Nifty50 scales fresh peak

2:37 PM

ALERT :: Sensex hits record high of 48,708.46 in intra-day deals

2:35 PM

Stocks that hit 52-week high on BSE today

COMPANY	PRICE(rs)	52 WK HIGH	CHG(%)
ADANI ENTERP.	515.00	526.80	-0.58
ADANI PORTS	517.75	527.05	0.80
AJANTA PHARMA	1816.85	1833.00	2.75
AMARA RAJA BATT.	1001.55	1006.15	1.45
APL APOLLO TUBES	965.00	966.90	5.94

2:35 PM

Stock picks by Angel Broking

2:27 PM

Sector check :: Nifty CPSE gains around 2%

2:17 PM

Agri-related stks in focus; FACT, Madras Fertilizers hit 20% upper circuit

Shares of agri-related companies, including agrochemicals and fertilisers, were in focus as demand for the procurement of fertilizers has been promising due to surplus reservoirs levels, record-high Kharif crop sowing and plentiful rainfall during the monsoon season. Among individual stocks, Fertilizers & Chemicals Travancore (FACT) and Madras Fertilizers were locked at 20 per cent upper circuit limits at Rs 76.05 and Rs 25.65, respectively. These stocks are also quoting at their 52-week high levels. READ MORE
 

2:06 PM

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

Chambal Fertilizers & Chemicals Limited (CHAMBLFERT): The recent new all-time high of Rs 247.90 in the stock has triggered a fresh upside, as per the daily charts. Going forward, the stock needs to show stability above Rs 240 levels which, if held decisively, can push prices towards Rs 260 and Rs 275 levels. The medium-term trend is bullish as long as the stock trades above Rs 220 levels, as per the weekly chart. READ MORE

1:54 PM

PC Jeweller falls 4% after hitting 52-week high in previous session

1:42 PM

AMFI DEC DATA

• Total AUM at Rs 31 lakh cr vs Rs 29.8 lakh cr MoM
• Equity AUM at Rs 8.9 lakh cr vs Rs 8.3 lakh cr MoM
• Net inflow at Rs 2,968 cr vs inflow of Rs 27,194 cr MoM
• Equity outflow at Rs 10,147 cr vs outflow at Rs 12,917 cr MoM

1:40 PM

Infosys, TCS top contributors to Sensex's 500-pt gain today

1:39 PM

Wipro jumps 5%, trades at new 52-week high of Rs 427.60

1:34 PM

HMEL to shut Bathinda refinery for 40 days from end-January: Report

India's HPCL-Mittal Energy Ltd (HMEL), part owned by steel tycoon L N Mittal, will shut its 226,000 barrels per day (bpd) Bathinda refinery in northern Punjab state for about 40 days from end-January for maintenance, two sources said.

 

During the shutdown HMEL will also carry out work to be able to hook petrochemical units, including a 1.2 million tonnes a year ethylene cracker, sources with knowledge of the plan said. READ MORE

1:26 PM

After years of underperformance, NMDC stock strikes when iron is hot

After years of underperformance, iron ore miner NMDC’s (formerly National Mineral Development Corporation) stock price is up 55 per cent since the beginning of October 2019, against a 24 per cent rally in the Sensex during the period. After its recent rally, the stock is back to its year-ago levels, even as the Sensex is up 16 per cent in the last 12 months. READ MORE

1:15 PM

India's Dec retail inflation likely fell to within RBI target: Reuters Poll

India's retail inflation likely fell sharply in December, landing within the Reserve Bank of India's target range, due to a significant drop in vegetable and food prices, a Reuters poll predicted. The Jan. 5-7 poll of around 45 economists suggested retail inflation fell to 5.28% in December from 6.93% in November. "Food inflation - particularly vegetable prices - are beginning to correct since supply lines are being restored in food aided by good monsoons," said Prithviraj Srinivas, chief economist at Axis Capital in Mumbai. (Source: Reuters) READ HERE

1:12 PM

M-cap of BSE-listed firms zoom to fresh record high of over Rs 195.2 trn

The market capitalisation of BSE-listed companies zoomed to a fresh lifetime high of over Rs 195.21 trillion in morning trade on Friday as markets returned to winning ways after two days of decline. Helped by the rally in the equity market, the market capitalisation of BSE-listed firms jumped to Rs 1,95,21,653.40 crore ($2.6 trillion) in early trade. READ MORE