Sensex gains 147 pts; Nifty holds 17,500; Rupee hits record low of 83/$

CLOSING BELL: HDFC, Nestle India, ITC, RIL, Axis Bank, and Ultratech Cement were the top gainers

3:22 PM

Global Check:: US, UK stock futures marginally positive

Source: Investing.com

3:14 PM

Mother Sparsh gets second investment from ITC, eyes Rs 100 cr in Series B

Announcement comes on heels of Mother Sparsh's entry into the diaper segment with the launch of Plant-Powered cloth diapers. The firm had raised Rs 20 crore in Series A from ITC last November. READ MORE

2:59 PM

BSE 500:: Top losers so far

TV18 Broadcast and Network 18 down over 6 per cent each were the top losers among the BSE 500 stocks so far. Brigthcom Group, Gujarat Fluorochem and Astral were the other major losers.

2:50 PM

Aarti Industries trades ex-pharma business; stock hits 52-week low

Shares of Aarti Industries hit a 52-week low of Rs 642, down 1 per cent on the BSE in Wednesday's intra-day trade, as the stock started trading ex-pharma business effective today. READ MORE

2:42 PM

Asian Markets Update:: Hang Seng, Shanghai log heavy losses

Source: Yahoo Finance

2:27 PM

BSE 500:: Top gainers so far

Suzlon Energy zoomed over 16 per cent and was the top gainer among the BSE 500 stocks so far on Wednesday. It was followed by PNB Housing, Aegis Logistics, MAS Financial Services and NBCC, up 5-8 per cent each.

2:10 PM

Diwali cheer: PC Jeweller, Kalyan Jewellers may gain up to 40%, hint charts

So far this month, PC Jeweller, Rajesh Exports and Kalyan Jewellers have rallied up to 21 per cent on hopes of a bumper sales this Diwali season. Read here

1:56 PM

Here's a list of cracker stocks to bet on in Samvat 2079

As we enter Samvat 2079, analysts believe that the domestic market's outperformance against global peers will sustain as fundamentals and profitability of Indian corporate improves. Read here

1:47 PM

ALERT :: SpiceJet raises salaries of select pilots; stock up 1%

1:37 PM

Union Budget 2023: Individual taxpayers can expect some relief

The exercise for the last full Budget of the Modi government 2.0 has begun and its broad direction has been laid by Finance Minister Nirmala Sitharaman. She recently said the next Budget will have to be “carefully structured" to sustain growth and contain inflation. She noted that India's biggest concern is the high energy prices in the near future. READ MORE

1:24 PM

Subsidy, price controls to delay stake sale of state-run fertiliser firms

The country is also highly dependent on the import of raw materials for the production of fertiliser, exposing it to external disturbances. The prices have gone up due to the ongoing Russia-Ukraine war. The government has also hiked the subsidy on fertiliser. This year, the subsidy bill is expected to touch Rs 2.5 trillion against the budgeted amount of Rs 1 trillion READ MORE
 

1:14 PM

Prestige Estates Q2 sales bookings rise 66%; H1 bookings jump over 2-fold

Prestige Group has registered sales of Rs 3,511 crore in the July-September period against Rs 2,111.9 crore in the year-ago period. The collection from customers increased 68 per cent year-on-year to Rs 2,602.9 crore, the company said in its operational update for the Q2 and H1 of this fiscal filed on stock exchanges. READ MORE

1:03 PM

US calls OPEC+ decision on oil production mistake, says it backed Russia

Move of OPEC, its allies to cut oil production is a "mistake" and a "short-sighted" decision that has favoured Russians and US is going to re-evaluate its ties with Saudi Arabia, the White House said. Read more

12:51 PM

China's underground market for semiconductors draws desperate automakers

Opportunists the world over have seized on the chips shortfall, jacking up the price companies pay for the crucial circuital components. Read more

12:41 PM

WATCH BS IN FOCUS | Is the worst of inflation behind us?