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

9:22 AM

NIFTY WINNERS: Tata Motors, ONGC rise up to 1.6%

9:20 AM

HEATMAP: Ultratech Cement, Tech M, IndusInd Bank lead Sensex gains

9:18 AM

OPENING BELL | Nifty opens above 18,500

9:17 AM

OPENING BELL | Sensex opens with insignificant gains

9:11 AM

PRE-OPEN SESSION | Nifty sees nominal uptick of 27 pts

9:09 AM

PRE-OPEN SESSION | Sensex rises 170 pts in pre-open deals

9:03 AM

CURRENCY ALERT | Rupee opens 11 paise weaker at 82.64/$

8:59 AM

Ex-FTX CEO Sam Bankman-Fried arrested in Bahamas as US files charges

More than 100 FTX-related entities filed for US bankruptcy protections on Nov. 11. The firm and Bankman-Fried are facing investigations in the US and the Bahamas. Read more

8:54 AM

Rupee sheds 26 paise to dollar as firm US data leads to Fed hike jitters

The rupee started the fresh week on a poor note, shedding 26 paise against the dollar, as a stronger-than-expected US data set stoked fears of the Federal Reserve continuing with an aggressive pace of rate hikes, dealers said. Read here

8:51 AM

IPO WATCH | Landmark Cars raises Rs 165.3 cr from 14 anchor investors ahead of IPO

8:48 AM

Here's why Mehul Kothari is bullish on BPCL, Thomas Cook

According to the technical analyst from Anand Rathi, BPCL can rally to Rs 365; while Thomas Cook can jump to Rs 88. Read here

8:44 AM

Stocks to watch: Dalmia Bharat, ICICI Bank, Paytm, ONGC, KEC International

ICICI Bank: The private sector lender raised Rs 5,000 crore through bonds to fund business growth. While there are no special rights or privileges attached to the bonds, they are redeemable at the end of seven years. The bonds carry a coupon of 7.63 per cent payable annually and would be listed in the relevant segment of the NSE. 

 

Dalmia Bharat: The company acquired cement assets of Jaypee Group’s flagship company Jaiprakash Associates and its associate firms for Rs 5,666 crore. The management said that the acquisition would help Dalmia Bharat expand its footprint in the central region and emerge as a pan-India company with a capacity of 75 million tons by FY27. 
 

ONGC: The company plans to drill 53 exploratory wells in Andhra Pradesh - 50 in Godavari on-Land PML (Petroleum Mining Lease) Block of KG Basin during 2021-’28 and three in CD-ONHP-2020/1 (OALP-Vi) Block Of Cuddapah basin with an investment outlay of Rs 2,150 crore. Read more

 

8:41 AM

Domestic investors pump Rs 696 crore into cash market on Monday

8:39 AM

Equities record Rs 139 crore of FPI selling on Monday

8:36 AM

Govt not to make public RBI report on reasons for inflation target breach

The government on Monday ruled out making public the RBI report detailing the reasons why the central bank could not keep inflation within the targeted 6 per cent upper limit for the three consecutive quarters. Read more