Sensex ends 958 pts up at 59,885, Nifty tops 17,800; Realty index gains 9%

Stock market LIVE: Sectorally, all indices were trading positively, led by Nifty Realty

1:45 PM

IPO frenzy can dent secondary market liquidity; cap market upside: Analysts

After staying away from a handful of initial public offers (IPOs), investors are flocking the primary markets again for listing pop. This primary market frenzy, analysts say, could veer the liquidity wave away from the secondary market, which may cap its upside – at least in the near-term.  READ MORE

 

1:33 PM

ALERT :: GR Infra gets letter of award for project worth Rs 927 cr from NHAI

1:16 PM

RIL hits new record peak of 2,497 level

1:12 PM

Nifty nears 18,000-mark, up 1.3% in afternoon trade

1:05 PM

Housing financiers on a roll; Can Fin hits record high, Repco Home gains 8%

Shares of housing finance companies (HFCs) outperformed on the bourses on Thursday with stocks such as Can Fin Homes and Repco Home Finance ralling up to 6 per cent on the BSE inthe intra-day trade. Investors flocked the counters on expectations that a pick up in real estate demand will result in higher earnings growth for these companies this festive season. READ MORE

 

12:53 PM

Adani Enterprises arm inks share purchase pact with Flemingo Travel Retail & Mumbai Travel Retail

>> The aim of the agreement is to operate duty free outlets in airports and seaports

12:46 PM

TRAI JULY DATA

Bharti Airtel adds net 1.9 mn mobile users in July

Reliance Jio adds net 6.5 mn mobile users in July

Voda Idea loses net 1.4 mn mobile users in July

 

Source: Agencies, TV News

12:45 PM

Sensex hits new all-time high level of 59,747.82

12:45 PM

Sensex hits new all-time high level of 59,747.82

12:30 PM

Realty boom! DLF, Godrej Properties can surge up to 15%, charts indicate

Shares of real estate companies have been on a roll off late with expectations soaring high of a strong demand this festive season. To add the festive mood, several lenders have already announced a rate cut on home loans. READ MORE

12:01 PM

JM Financial appoints Vishal Kampani as Non-executive Vice Chairman w.e.f October 1

>> Atul Mehra & Adi Patel appointed Joint Managing Directors

11:48 AM

VK Vijayakumar, Chief Investment Strategist at Geojit Financial Sevices on Bharti Airtel rights issue

Bharti Airtel's rights issue at Rs 535 a share is attractively priced considering the current market price of around Rs 730. The recent telecom package declared by the government addresses most of the issues that the industry has been facing for some time now. India's telecom industry is now practically a duopoly with Ril Jio and Bharti Airtel dominating the industry. Bharti's 35 crore customers, growing steadily, and the launch of 5G shortly bode well for the company in the years ahead. 

11:43 AM

Nifty Bank up 1.7% led by Axis Bank, AU Small Finance Bank, RBL Bank

11:21 AM

ALERT :: JBM Auto bags orders for supply of 500 CNG/Electric Buses

>> The company will deliver BS VI CNG Buses for Delhi Integrated Multi-Modal Transit System Limited
 

>> The company will also provide electric buses for Bengaluru Metropolitan Transport Corporation, Jhansi - Smart City, Uttar Pradesh and for multiple corporate clients

 

11:09 AM

Finance Ministry to seek ratings upgrade for India in meeting with Moody's

Indian finance ministry officials plan to pitch for a sovereign rating upgrade from Moody’s Investors Service when it meets with the firm, scheduled for Sept. 28, according to people familiar with the matter. READ MORE