Sensex gains 145 pts ahead of US Fed outcome; YES Bank slumps 8%, Paytm 2%

CLOSING BELL: The broader markets, on the other hand, outperformed the benchmark indices as the BSE MidCap and SmallCap indices advanced 0.59 per cent and 0.68 per cent, respectively

3:38 PM

HEATMAP: Tata Steel, Tech M, NTPC, SBI lead Sensex gainers

3:37 PM

CLOSING BELL: Nifty ends above 18,650; 16 stocks in red

3:35 PM

CLOSING BELL: Sensex closes off highs, up 145 pts

3:29 PM

WATCH: Will fortune change for new-age stocks in 2023?

3:21 PM

CPAI asks Sebi to provide uninterrupted trading in cotton futures contracts

Commodity Participant Association of India (CPAI) has urged capital markets regulator Sebi to facilitate uninterrupted hedging and trading in cotton futures contracts to market participants. Read more

3:11 PM

European markets tread lower; US Fed outcome eyed

3:00 PM

Stock of this specialty chemicals company has zoomed over 100% in 10 days

Shares of Narmada Gelatines were locked in 5 per cent upper circuit at Rs 513.55 per share on Wednesday amid heavy volumes. The spike comes ahead of turning ex-date for special interim dividend of Rs 100 per share. READ MORE

 

2:50 PM

Bludgeoned bond markets hope peak inflation to bring revival: Analysis

Many of the world's big bond fund managers are optimistic that sovereign debt markets have turned a corner after a rout in 2022 with peak inflation and interest rates finally in sight. READ MORE

2:42 PM

BSE 500:: ERIS Life, Motilal, KIOCL among volume shockers today

ERIS Lifescience has witnessed unusally high volume of around 4.18 lakh shares so far on the BSE as against its five-day average volume of around 2,100-odd shares. Similarly, Motilal Oswal Financial Services, PCBL, KIOCL and General Insurance were among the other volume toppers on Wednesday.

2:31 PM

NEWS ALERT:: HG Infra wins major road constrcution order in Haryana; stock soars 5%

HG Infra Engineering has won an order worth Rs 997.11 crore for construction of 6-lane Greenfield Karnal Ring road starting from NH11 and terminating at Karnal Munak Road in Haryana. The contract needs to be executed in 730 days.

2:24 PM

Mutual fund investors redeem Rs 10,000 cr from SIP accounts in Nov

Mutual fund investors redeemed more than Rs 10,000 crore from systematic investment plan (SIP) accounts in November to cash in on the market rally. Redemptions were the highest since at least April 2021, when the industry started disclosing the net SIP inflow data. READ MORE

Mutual Funds

2:09 PM

Combination of factors behind LIC share price going up: Experts

A combination of factors like proposed regulatory changes, business performance, head honcho from private sector to be the reason for the share of LIC shares going up in the market, said experts. READ MORE

1:59 PM

BSE 500:: YES Bank, Colgate, Page Industries among top losers

YES Bank down 5.5 per cent was the top loser among the BSE 500 stocks. Colgate-Palmolive, Page Industries, IIFL Finance and Strides Pharma, down 2 - 4 per cent each were the other prominent losers so far on Wednesday.

1:50 PM

Fusion hits highest level since debut; soars 29% from listing day low

Shares of Fusion Micro Finance (Fusion) surged 6 per cent to hit a record high of Rs 415 on the BSE in Wednesday’s intra-day trade due to a stable outlook. READ MORE

1:39 PM

JSPL sees 'very good reason' to consider RINL, NMDC: MD Bimlendra Jha

The government has set the ball rolling for the strategic disinvestment of NMDC’s steel plant in Chhattisgarh’s Nagarnar. Separately, it is in pre-bid consultations with the industry for the proposed disinvestment of Rashtriya Ispat Nigam Ltd (RINL), India’s first shore-based integrated steel plant in Visakhapatnam, Andhra Pradesh. Bimlendra Jha, managing director of Jindal Steel & Power (JSPL), told Ishita Ayan Dutt in an interview that RINL and NMDC are attractive assets with competitive advantage. READ INTERVIEW