Sensex gains 375 pts, ends above 61K; Nifty atop 18,100; IT, metal lead

MARKET WRAP: Pharma, power and IT stocks were the major gainers in trade on Tuesday, while index heavyweight Reliance Industries and select banking shares ended on a tepid note.

3:33 PM

CLOSING BELL :: Nifty tops 18,100

3:32 PM

CLOSING BELL :: Sensex ends above 61,000

3:27 PM

Global Check:: US, UK stock futures gain up to 2% ahead of FOMC meet

Source: Investing.com

3:18 PM

RBI's MPC to meet on Nov 3 to discuss first inflation target miss

The special MPC meeting is being held for the first time since the MPC was set up in 2016 because the committee failed to keep retail inflation within the 2-6% target band for 3 consecutive quarters. READ MORE

3:10 PM

Sun Pharma extends gains post September quarter earnings; up 6% in two days

The management said the strong revenue and margins were driven by market share gain in India, sustained ramp-up of the company's global specialty business and growth in Emerging Markets. READ MORE

2:58 PM

Pharma shares may turnaound soon; Cipla, Sun Pharma, Granules can gain 20%

What do expect from pharma stocks over the next few weeks? Here's what technical charts suggest. READ MORE

2:49 PM

State-run telcos MTNL, BSNL line up $2.34 billion debt sales via bonds

Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd intend to raise an aggregate of 193.56 billion Indian rupees through government-guaranteed bonds, the bankers said. READ MORE

2:42 PM

Ashok Leyland October total sales rise 34% to 14,863 units, exports decline

Commercial vehicles maker Ashok Leyland on Tuesday reported a 34 per cent rise in total sales at 14,863 units in October 2022. READ MORE

2:32 PM

Hiring in India IT sector slows down 18% in Oct, shows Naukri report

Hiring in the Indian IT sector slowed down by 18 per cent in the month of October compared to last year, a report showed on Tuesday. READ MORE

 

2:22 PM

ATF price hiked 4.2%, commercial LPG rates cut by Rs 115.5 in Delhi

Jet fuel (ATF) price on Tuesday was hiked by 4.2 per cent but that of commercial LPG used in non-residential establishments such as hotels and restaurants was cut by Rs 115.5 per 19-kg cylinder reflecting global energy trends. READ MORE

2:12 PM

Nykaa climbs 6% after net profit jumps 343% YoY to Rs 5 crore in Q2FY23

Shares of FSN e-Commerce Ventures, parent firm of Nykaa, surged 6.5 per cent to Rs 1,233 per share in Tuesday's intra-day trade, after the company's net profit jumped 343 per cent year-on-year (YoY) to Rs 5.1 crore in the July-September quarter (Q2FY23) from Rs 1.1 crore in the year-ago period. READ MORE

1:57 PM

NTPC surges over 4% on heavy volumes; stock nears 5-year high

Shares of NTPC moved higher by 4.5 per cent, hitting a nearly five-year high of Rs 180.85 on the BSE in Tuesday’s intra-day trade, lifted by heavy volumes. Currently, it is quoting at its highest level since December 2017. The stock had hit a record high of Rs 243 on January 15, 2008, data shows. READ MORE

1:44 PM

ALERT: Sun Pharma Q2 net jumps 50% YoY to Rs 1,213 cr; stock up 2%

Sun Pharma reported a 49.9 per cent jump in Q2 net profit at Rs 1,213 crore for the quarter ended September 2022 as against Rs 809 crore in the corresponding quarter a year ago. Total income was up 20.3 per cent at Rs 5,327 crore.

1:40 PM

Oct Auto Sales :: Tata Motors' total domestic sales rise 17% YoY; EV sales up 158%

Check details here

1:35 PM

GST collection over Rs 1.51 trillion in October, second highest ever

India's tax collection from the sale of goods and services increased to Rs 1.51 trillion in October, driven by festive demand, higher rates, and better tax compliance. READ MORE