ITC, RIL, ICICI Bank help lift Sensex 600 pts higher, Nifty above 17,900

CLOSING BELL: Sensex and Nifty indices snapped their 2-day losing run, ralling on Tuesday as supportive global cues, ease in WPI inflation, and healthy buying in heavyweights lifted sentiment.

9:21 AM

Sectoral trends :: Nifty IT index gains 0.9%, Pharma, Realty indices dip up to 0.6%

9:19 AM

Sensex Heatmap :: Tech, financial stocks lead from the front; Titan, TaMo fall

9:18 AM

Opening Bell :: Nifty up over 50 pts

9:17 AM

Opening Bell :: Sensex starts 200 pts higher

9:13 AM

ALERT :: Japan picks new central bank governor

9:10 AM

Commodity Heatmap :: Crude oil falls over 1%

9:07 AM

Pre-Open Session :: Nifty holds 17,800

9:06 AM

Pre-Open Session :: Sensex moves into positive zone

9:05 AM

Rupee Opening :: INR opens higher at 82.58/$ vs Monday's close of 82.72/$

8:58 AM

Adani hires Grant Thornton for audits after Hindenburg fallout: Report

Adani Group said last week it was considering independent evaluation of issues relating to legal compliance, related party transactions and internal controls following the Hindenburg report. The appointment of Grant Thornton is reported here for the first time. READ MORE

8:53 AM

M&A deals jump by 40% to $163 bn in 2022, aided by $57 bn HDFC merger

Despite global headwinds like rising interest rates and elevated inflation levels leading to increased margin pressures for companies, the firm expects the overall activity to remain "strong" in the ongoing 2023. The overall M&A (merger and acquisition) deals were much higher when compared with $69 billion in 2019, or  $88 billion in 2020 amid Covid pandemic, and $116 billion in 2021, it said. READ MORE

8:48 AM

5 PSU insurers have Rs 347-crore exposure to Adani firms: FinMin

The public sector general Insurance firms included New India Assurance Company, United India Insurance Company, National Insurance Company, Oriental Insurance Company, and General Insurance Corporation of India. When asked about the loans given to Adani firms by state-owned banks and financial institutions, Karad said neither the RBI nor any bank had to disclose credit information as such information is treated as confidential under the provisions of section 45E of the RBI Act. READ MORE

8:45 AM

Q&A :: Are Adani stocks worth your money?

8:40 AM

Vodafone Idea may get 60 days to raise funds before govt asks for Q3 dues

The Department of Telecommunications (DoT) is likely to give Vodafone Idea (Vi) up to 60 days to raise fresh funds and invest in the company, before it asks for the pending third quarter dues that the company owes to the government, officials said. READ MORE

8:36 AM

India's inflation higher than peers like Brazil and South Korea

The RBI last week raised its key interest rate by 25 bps to 6.50 per cent READ MORE