Global markets, metals lift Sensex 361 pts higher; Nifty ends atop 18,100

CLOSING BELL: The BSE Metal index surged over 4.5 per cent amid reports of China further relaxing its zero Covid policy.

1:17 PM

Shares advance in Asia after China relaxes more Covid Zero policy

Shares advanced in Asia after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business. READ MORE

1:07 PM

Nifty Metal index rises 2%, driven by gains in Jindal Steel, NALCO

12:50 PM

Cipla's higher automation spends to continue for 3 more yrs: CTO Malhotra

Cipla expects elevated capital expenditure on automation to continue for three more years, a senior official has said. READ MORE

12:41 PM

JBM Auto hits over 7-month high in a volatile market; rises 26% in 2 weeks

In the past two weeks, it has rallied 26 per cent in an otherwise volatile market. In comparison, the S&P BSE Sensex was down 3 per cent, during the same period. READ MORE

12:30 PM

Sugar stocks to sweeten in 2023; Dwarikesh, Renuka can rally up to 37%

The stellar performance of sugar stocks began in 2021, and is likely to continue in the new year - 2023, indicates the technical charts. READ MORE

12:15 PM

Govt calls telecom operators on Wednesday to discuss rising call drops

Telcos have assured that once the mobile handsets are synchronised with the 5G technology, the quality will improve. READ MORE

11:57 AM

Tata Steel, JSW Steel, Hindalco top Nifty50 gainers at this hour

11:44 AM

Intellect Design gains 1% after one of the private banks goes live with wealth solutions

11:35 AM

Rupee falls 9 paise to 82.74 against US dollar as crude prices rise

Foreign fund outflows put pressure on the domestic unit, forex dealers said. READ MORE

11:23 AM

Time Technoplast soars 19% on winning Rs 75 cr order from Adani Total Gas

The order is for supply of CNG cascades made from Type-IV composite cylinder. The delivery of these cascades shall begin from January 2023. Read here

11:14 AM

FMCG industry hopes to recover lost volume, to shrug off shrinkflation

FMCG companies are "cautiously optimistic" and expect the rural market, which accounts for more than one-third of the overall sales, to bounce back in 2023.
Read more

10:55 AM

Midhani gains 4%; Firm to inaugurate wide plate mill facility today

Going forward, as facilities ramp up production, additional revenue is expected is likely to flow from wide plate mill as well as the Rohtak plant, thereby providing healthy revenue visibility. Read here

10:45 AM

HEG incorporates new arm for manufacturing graphite node; stock soars 9%

The plant would be made in two phases, spending Rs 1,000 crore in Phase 1 over the next 3 years which would cater to 10-12 GWH of cell manufacturing capacity..Read more

10:30 AM

WATCH: Will the markets see a time-wise correction in 2023?

10:15 AM

Nifty, Bank Nifty see higher rollover; Hero MotoCorp, HDFC Life find favour

However, the overall market wide position dipped below Rs 2.20 lakh crore for the first time in the last six months. Read more