Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7%

RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished

9:36 AM

Vodafone Idea surges nearly 15% after govt announces relief package for sector

>> The Cabinet on Wednesday cleared a proposal giving telcos a moratorium on their adjusted gross revenue dues as well as spectrum payments prospectively for the next four years

9:33 AM

Most auto stocks gain after govt announces PLI scheme for sector

>> The Rs 26,000-crore PLI scheme approved yesterday may result in fresh investments worth over Rs 42,500 crore and incremental production of over Rs 2.3 trillion over the next five years

9:28 AM

Sector Watch :: All sectors in green; top gainers include banks and metals

9:25 AM

Broader markets open positive; Nifty Midcap 100 rises 0.51% in early trade

9:23 AM

Sensex Heatmap :: Top gainers & losers at opening trade

>> TOP GAINERS: IndusInd Bank, Tata Steel, ITC

 

>> TOP LOSERS: HDFC Bank, HUL, Titan, Asian Paints
 

9:20 AM

FIRST TRADE :: Nifty opens above 17,500 level; up 0.3%

9:18 AM

OPENING BELL :: Sensex opens positive; up 142 points

9:12 AM

Commodity Check

9:10 AM

Sensex Heatmap :: Top gainers & losers in pre-open trade

9:08 AM

Nifty50 above 17,500-level in pre-open session; up 36.5 points

9:04 AM

Pre-open session :: Sensex gains 220 points or 0.4%

8:53 AM

Stocks to watch: Hindustan Copper, Zomato, Wipro, HG Infra, telecom stocks

Adani Transmission: The company said it has received a letter of intent for acquisition of MP Power Transmission Package-II for Rs 1,200 crore. It won the project through Tariff-Based Competitive Bidding (TBCB) process and received the letter of intent on Tuesday. ATL will build, own, operate and maintain the transmission project in Madhya Pradesh for a period of 35 years.

 

MCX: The country's top commodity derivatives exchange has seen its average daily turnover plunging sharply amid declining trade in bullion trading even as some of its rivals appear to be steadily making inroads in a market once seen as a virtual monopoly. The month-wise average daily turnover of MCX (Multi Commodity Exchange) for futures trade fell to nearly Rs 24,709 crore in August this year from more than Rs 43,262 crore in August 2020, the exchange data shows. READ MORE

8:41 AM

Market Ahead Podcast, September 16: Factors that could guide markets today

Snapping their sideways movement amid encouraging economic data and ebbed Covid-19 cases, benchmark indices clinched new record peaks on Wednesday. The frontline S&P BSE Sensex claimed an all-time high of 58,777 in the intra-day deals, before closing 476 points higher at 58,723. Listen to the podcast here

 

8:32 AM

FIIs, DIIs were net buyers on Wednesday

8:30 AM

BSE bulk deal data for Wednesday

Read in detail here