ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip

CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent

12:57 PM

MNC stocks in focus: Charts show up to 17% upside in ABB, HUL, SKF India

ABB India, Hindustan Unilever, and SKF India have excelled well in recent months with ABB and SKF India gradually ralling to all-time highs. READ MORE

12:47 PM

BSE 500:: Top losers so far

MMTC has tumbled over 7 per cent and was the top loser among the BSE 500 stocks so far. It is followed by Suzlon Energy, EIH, GE Shipping and Wockhardt, down 3-4 per cent each.

12:36 PM

M&M gains 3% to touch new high; overtakes Tata Motors' market cap

In past three months, the market price of M&M has appreciated by 27 per cent, while Tata Motors recorded 2 per cent gain in its stock price. READ MORE

12:28 PM

Adani open offer for additional stake in NDTV starts Oct 17: JM Financial

The Adani Group will launch its open offer for acquiring an additional 26 per cent stake in media firm New Delhi Television Ltd (NDTV) from October 17 to November 1, JM Financial, which is managing the offer, said in a draft letter of offer (DLOF), on Thursday. READ MORE

12:19 PM

Asian Markets Update:: Nikkei soars over 2%; Taiwan, Straits also firm

Source: Yahoo Finance

12:06 PM

Rupee appreciates 27 paise to 79.68 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 79.72 against the dollar, then touched 79.68 in initial deals, registering a gain of 27 paise over its previous close. READ MORE

11:55 AM

India to seek review of trade agreement with Japan, says Piyush Goyal

In such reviews, normally two countries seek more market access for their respective domestic products and resolve issues which are hindering trade. READ MORE

11:46 AM

BSE 500:: Top gainers so far

Thyrocare Technologies has zoomed 9 per cent so far on Thursday and was the top gainer among the BSE 500 stocks. It was followed by, Infibeam Avenues, Sonata Software, Shree Cement and Aarti Drugs.

11:30 AM

Banks, FMCG: Time to bet on domestic economy-related sectors, say experts

Banks, Auto, FMCG, Hospitals, Domestic Industrials, and Discretionary may continue to outperform the 'Export + Cyclical'-oriented themes. Read more

11:18 AM

FinMin okays converting Vodafone Idea's Rs 16,100 cr dues to govt equity

The government of India will own nearly 33% of Vodafone Idea's equity, and become the single-largest shareholder if the deal goes through. Read here

11:02 AM

Sonata Software trades ex-date for 1:3 bonus; stock surges 12%

Sonata Software fixed Saturday, September 10, 2022 as record date to ascertain eligibility of shareholders for issuance of bonus equity shares. Read here

10:50 AM

CreditSights finds calculation errors in debt report on Adani Group firms

CreditSights said it had discovered calculation errors in its recent debt report on two power and transmission companies controlled by Gautam Adani, following a conversation with the management. Read here

10:41 AM

NLC India surges as govt reduces interest rate for rent payables to 12%

Govt makes changes to Mines & Mineral Policy. Interest rate for rent, royalty or fee payment to states reduced to 12% from 24%. Also, deadline of sixty days for payment of rent, royalty or fee is removed.

10:29 AM

Deja vu? Key reasons why Jefferies thinks the market rally may not sustain

The information technology sector (IT), Jefferies believes, remains at significant risk of sell-off if the Nifty were to correct. Read more

10:15 AM

InterGlobe Aviation dips 5% on news of partial stake sale by Rakesh Gangwal

Till 09:26 am; around 19.67 million equity shares, representing 5.1 per cent of the airline's total equity, changed hands on the NSE and BSE. Read here