Sensex up 54 pts, Nifty holds 17,600; NDTV gains 5%, Adani Enterprises 4%

CLOSING BELL: Technically, shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08

3:16 PM

India application software spending to reach $4.7 bn in 2022: Gartner

End-user spending on enterprise application software in India is likely to total $4.7 billion in 2022, an increase of 14.8 per cent from 2021, a Gartner report said on Wednesday. READ MORE

3:08 PM

BSE 500:: Top monthly losers so far

Tanla Platforms has plunged nearly 26 per cent and was the biggest loser among the BSE 500 in the last one month. Similarly, Brightcom Group, Intellect Design, Chemplast Sanmar and C.E. Info System were the other significant losers.

3:01 PM

Ashish Kacholia portfolio: This stock has zoomed 75% in three months

Shares of Safari Industries moved higher by 9 per cent to its record high level of Rs 1,545.55 on the BSE in Wednesday's intra-day trade. READ MORE

2:55 PM

BSE 500:: Top monthly gainers so far

Deepak Fertilisers has zoomed over 41 per cent and was the top monthly gainer in the last one month among the BSE 500 stocks. Similarly, Metro Brands, JSW Energy, BEML and IDFC First Bank have rallied more than 35 per cent each in the same period.

2:44 PM

Global Check:: US, UK stock futures seen directionless

Source: Investing.com

2:35 PM

Control of NDTV not transferred to VCPL via loan agreement, says SAT

Against the backdrop of an attempted takeover of NDTV by Adani Media Works, a Securities and Appelate Tribunal (SAT) order of July 20, 2022 assumes significance. READ MORE

2:27 PM

Stocks at all-time high:: Adani Transmission, Elgi Equipments, KSB

20 Microns, Adani Transmission, Apar Industries, Ashai India Glass, Elgi Equipments, KSB and Lakshmi Machine Works were among stocks trading near life-time highs.

2:19 PM

BSE 500:: Top losers so far

Adani Power and Brightcom Group shed 5 per cent each and were the top losers among the BSE 500 stocks so far. They were followed by Aptus Value Housing. Deepak Fertilisers and Adani Green.

2:07 PM

Govt considers selling at least 51% of state-backed IDBI Bank: Report

A panel of ministers will make the final decision on the structure of the deal, the people said. The government and LIC will formally seek to gauge buyer interest as soon as the end of September, one of the people said. READ MORE

1:57 PM

Aban Offshore gains 3%

Aban Offshore informed BSE that it completed the sale of Rig Deep Driller 2, owned by its step-down subsidiary. The stock was up 3 per cent in intra-day trades so far.

1:51 PM

Asian Markets Update:: Hang Seng, Shanghai fall up to 2%

Source: Yahoo Finance

1:43 PM

BSE 500:: Top gainers so far

Responsive Industries and Indiabulls RealEstate have surged around 6.5 per cent each and were the top gainers among the BSE 500 stocks so far on Wednesday. Allcargo Logistics, Greaves Cotton and RBL Bank were some of the other significant gainers, up around 6 per cent each.

1:35 PM

IPO Update :: Dreamfolks issue fully subscribed on day 1 on strong retail push

1:28 PM

RBL Bank spikes over 9% in 2 days after board approves Rs 3,000 cr fund raise

1:16 PM

Asia's richest man Adani's conglomerate on deals spree in India, abroad

Indian billionaire Gautam Adani, Asia's richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV). READ MORE