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.

11:20 AM

Solara Active up 4% after it receives European approval to manufacture Ibuprofen

11:10 AM

Motherson Sumi Wiring slips 6% on margin disappointment in Q2

MSWIL said margin was impacted due to initial one-time startup costs of new programs at Bengaluru, and a new facility at Chennai. READ MORE

11:00 AM

MARKET CHECK: Sensex at day's high, up 500 points

10:52 AM

Trade data from China, India shows gaping hole of $12 billion: Report

India-China trade: Under-invoicing of shipments by Indian importers is believed to be the main behind the gap in figures. READ MORE

10:41 AM

Canara Bank hits 3-yr high; stock zooms 33% in 3 weeks on strong Q2 results

The bank had reported an 89% jump in net profit to Rs 2,525 crore in Q2FY23, aided by higher net interest income that came on the back of a healthy growth in advances. READ MORE

10:35 AM

ALERT :: India October Manufacturing PMI rises to 55.3 vs 55.1 MoM

10:31 AM

RBI starts pilot of its digital currency, allows 9 banks to use it

The e-rupee is set to be test launched within a month for retail use in select locations and users, the Reserve Bank of India had said in a statement Monday. READ MORE

10:14 AM

Asia's factory output weakens on global slowdown, China Covid-19 curbs

Asia is extremely reliant on China. Its zero-COVID policy continues to disrupt supply chains and keep Chinese travelers from returning to Asian tourist destinations. It's also hurting region's exports. Read here

10:07 AM

MCX Gold, Silver futures may stay rangebound; check key levels here

The MCX Gold futures may seek support around Rs 50,075 this week, whereas Silver futures if sustain above Rs 58,150, can potentially rally towards Rs 60,870-level. Read more

9:54 AM

Axis Bank slips 2% after 1.2% equity changes hands on BSE via block deal

At 09:15 AM, around 38.99 million shares representing 1.2 per cent of total equity of Axis Bank changed hands on the BSE, the exchange data shows. Read more

9:49 AM

Equitas SFB up 2% on posting a whopping 183% YoY profit growth in Q2

The bank recorded profit at Rs 116 crore for the quarter ended September FY23, an increase of 183 per cent YoY. Net interest income for Q2FY23 at Rs 610 crore increased by 26 per cent YoY.

9:45 AM

Castrol India slips 2% on reporting flat net profit growth in Q2

The company reported flat growth in its PAT at Rs 187 crore, while the revenues rose 4 per cent to Rs 1,121 crore in Q2FY23.

9:42 AM

Tata Steel on weak ground after disappointing Q2 results

Tata Steel reported a consolidated net profit at Rs 1,514.42 crore in July to September quarter (Q2FY23), down by 87.3 per cent, on the back of declining margins.

9:39 AM

ITI surges 4% on nod under telecom manufacturing PLI scheme

9:36 AM

Timken sheds 5% despite firm nos in Q2

The company has recorded a 23 per cent year-on-year growth in profit at Rs 97.6 crore for the quarter ended September FY23.