Sensex zooms 874pts in broad-based rally; Nifty tops 17350; RIL, HDFC up 2%

CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion

12:46 PM

Gland Pharma advances 9% on heavy volumes; stock hits 9-week high

At 09:15 AM; around 5.42 million equity shares, representing 3.3 per cent of total equity of Gland Pharma, changed hands on the BSE. READ MORE

12:36 PM

Asian Markets Update:: Hang Seng, Shanghai slide around 2% each

12:29 PM

STOCK UPDATE :: JSPL declines over 4% on ED raid report

>> According to media reports, Enforcement Directorate has conducted searches on JSPL over violation of Foreign Exchange Management Act

>> Investigations are underway at Delhi, Gurugram offices

>> No response from the company yet.

12:23 PM

ACC, Ambuja Cement, Grasim: Trading strategies for cement stocks

Ambuja Cement is exhibits a positive bias, and is likely to further gains on follow-up buying; whereas other cement stocks need to overcome major hurdles. READ MORE

12:15 PM

BSE 500:: Stocks recording fresh 52-week high in trades today

Coal India, MRPL and Reliance Industries were among the select stocks to regsiter fresh respective 52-week highs in trade on Thursday.

12:06 PM

Sebi enters into pact with Canada's Manitoba Securities Commission

Sebi and Canada's Manitoba Securities Commission (MSC) have entered into a pact for mutual cooperation, exchange of information and technical assistance. READ MORE HERE

 

12:04 PM

BSE 500:: Volume shockers

Gland Pharma, Finolex Cables, TCS Express, Indostar Capital and ICICI Securities were the leading stocks to witness unusually high volume in trades so far today.

11:57 AM

M&M soars 33% from 52-week low on hopes of steady performance

Analysts expect strong volume outlook on the back of a robust order book in autos and new product launches across segments. READ MORE

11:47 AM

Despite good prospects, valuations concerns may cap upside in L&T Infotech

The country’s sixth largest software company by market capitalisation, Larsen & Toubro Infotech (L&T Infotech) hit a growth hurdle in the March 2022 (Q4FY22) quarter. After strong sequential growth of 8 per cent for the prior couple of quarters, the IT major fell short of street estimates as it reported a sequential growth of 3.6 per cent on a constant currency basis for Q4FY22. READ MORE

11:39 AM

Nestle India's Q1 profit falls 1% to Rs 595 crore; revenue rises 10%

Nestle Q1 result: The management remains cautious of continued inflation as it shadows short-to-medium term growth outlook. READ MORE HERE

 

11:38 AM

IT stocks hold smart gains for the second straight day

IT majors - TCS and Infosys were up over 2 per cent each. Tata Elxsi and CoForge were the other prominent gainers.

11:31 AM

Indian SaaS to reach $100 bn in revenues by 2026, surpass China: Report

Continued momentum in the creation of SaaS unicorns will propel India to surpass China and become the 2nd largest SaaS nation in the world, says report. READ MORE

11:19 AM

S&P BSE Sensex 30 Heatmap:: RIL, Asian Paints, IT majors shine

11:06 AM

S&P BSE Sensex at day's high, up nearly 600 pts

10:58 AM

BSE 500:: Top losers so far

ICICI Securities has plunged 7.5 per cent a day after its Q4 results. Capri Global, Nestle, L&T Infotech and Jindal Steel were the other notable losers.