Sensex surges 403 pts; Nifty tops 18,600; PSU Bank index leaps 4%, IT 1%

CLOSING BELL: IndusInd Bank, Bajaj Finance, M&M, Tech M, HCL Tech, Infosys, TCS, Ultratech Cement, and Bajaj Finserv were the top gainers on the 30-pack index

1:25 PM

Global Check:: Asian markets edge higher in trades on Tuesday

Source: Yahoo Finance

1:15 PM

NEWS ALERT:: Ind-Ra upgrades long-term rating on NCC; stock jumps 5%

According to a release issued by the company to the BSE, India Ratings & Research (Ind-Ra) has upgraded the long-term rating on the company's intruments, while re-affirming the short-term rating.

1:10 PM

ALERT :: Tata Motors to raise prices of commercial vehicles from Jan 2023

>> Tata Motors will be increasing the prices of its commercial vehicles up to 2% from January 2023. While the price increase will vary as per individual model and

variant, it will be applicable across the entire range of commercial vehicles.
 

>> The company has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike.
 

1:05 PM

Passenger vehicle wholesales rise 28 per cent in Nov on robust demand

Passenger vehicle wholesales in India rose 28 per cent YoY in November, aided by robust demand for both utility vehicles and cars, industry body Society of Indian Automobile Manufacturers said. READ MORE

12:56 PM

BSE 500:: UCO Bank, HUDCO, YES Bank among top gainers

UCO Bank up over 12 per cent was the top gainer among the BSE 500 stocks so far on Tuesday. It was followed by Punjab & Sind Bank, HUDCO, YES Bank and Indian Bank, up 8 - 10 per cent each.

12:46 PM

Dharmaj Crop slips 11% in three days; falls below issue price of Rs 237

Shares of Dharmaj Crop Guard hit a new low of Rs 236.10, down 2 per cent on the BSE in Tuesday’s intra-day trade in an otherwise firm market. The stock has now fallen below its issue price of Rs 237 per share. In comparison, the S&P BSE Sensex was up 0.51 per cent at 62,446 at 12:20 PM. Read more

12:32 PM

Dr Lal Pathlabs sinks 4% on reports Delhi govt to offer free medical tests from January 1

As per PTI sources, the Delhi government will offer 450 types of medical tests free from January 1, 2023. 

12:19 PM

Soaring prices could trigger up to 17% upside in these 5 fertiliser stocks

The overall trend in the fertiliser space remains bullish, with stocks like Chambal Fertilizers & Chemicals, Aries Agro and National Fertilizers indicating strong upside ahead. Read more

12:09 PM

WATCH Q&A: Does 2023 belong to the Bulls, or will the Bears reign supreme?

11:59 AM

China to set economic plans amid shift from Covid Zero policy to growth

China’s abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy and more easing in the property market to bolster growth. Read more

11:46 AM

Paytm's share buyback plan draws skepticism over growth prospects

While a buyback could help stem the rout in Paytm shares at least temporarily, investors are questioning the attempt to manage the stock price rather than putting the cash to use for business. Read more

11:37 AM

Aditya Birla Capital considering selling insurance brokerage unit

The publicly-traded company has held talks with potential buyers about a sale of Aditya Birla Insurance Brokers Ltd. as it failed to scale up the 19-year-old business. Read here

11:25 AM

MARKET CHECK: Sensex extends gains, up 300 pts as IT stocks firm up

11:13 AM

India to attract $10 bn in green energy investment in 2023: Bank of America

India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America Corp.’s top executives in the country. Read more

11:02 AM

Dalmia Bharat dips 5% a day after inking deal to buy Jaiprakash's biz units

Shares of Dalmia Bharat slipped 5 per cent to Rs 1,807 on the BSE in Tuesday’s intra-day trade on profit booking after the company emerged winner in its bid to acquire plan of Jaiprakash power and cement units. The said acquisition shall take place at an enterprise value of Rs 5,666 crore. Read more