Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine

CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.

3:33 PM

CLOSING BELL :: Nifty50 settles above 18,800

3:32 PM

CLOSING BELL :: Sensex extends rally on global reprive, rises 185 pts

3:26 PM

Reliance most valued Indian firm; 2 Adani units join top ranks: Study

Reliance was followed by Tata Consultancy Services (TCS) and HDFC Bank with a valuation of Rs 11.6 trillion and Rs 8.3 trillion. Adani Total Gas (ATG) and Adani Enterprises were new entrants in the Top 10 firms of 2022 Burgundy Private Hurun India 500. The rankings are by Hurun India and Burgundy Private, Axis Bank's private banking business. READ MORE

3:17 PM

Nov Auto Sales :: Healthy domestic sales make up for low exports for Maruti Suzuki

3:08 PM

Nov Auto Sales :: Mahindra Auto sells 30,238 SUVs

3:01 PM

Global Check:: US, UK stock futures exhibit a mixed trend

Source: Investing.com

2:53 PM

RBI seen raising interest rates by 35 bps in December MPC meet: Poll

A strong two-thirds majority said it was still too soon for the central bank to take its eye off inflation, which slowed to 6.77% in October having stayed above the upper end of the RBI's 2-6% tolerance band all year. READ MORE

2:45 PM

Zomato extends gain, up 5% in 2 days after Alibaba sold 263 million shares

Camas Investments bought 98 million shares worth Rs 608 crore of Zomato via block deal on the NSE on Wednesday. READ MORE

2:37 PM

Quick Analysis: Asian Paints

After a 15 per cent fall from its highs towards the end of September, the stock of Asian Paints has been trading flat-to-marginally higher since then. Margin concerns due to a spike in raw material prices, down-trading by customers and higher competitive pressures led to pressure on the stock. However, with crude oil prices falling to their lowest levels this year, raw material costs for paint companies are expected to decline. READ ANALYSIS

2:29 PM

NSE, SGX aim to start joint derivatives project by second quarter

The Singapore Exchange and the National Stock Exchange of India said on Wednesday the full-scale operation of their international financial centre, NSE IFSC-SGX Connect, is targeted to be ready by the end of the second quarter of 2023. READ MORE

2:22 PM

Manufacturing PMI rises to 55.7 in Nov as factory activity hits 3-mth high

The survey compiled by the rating agency - S&P Global, and released on Thursday reflected an improvement in employment and purchases by factories. READ MORE

2:14 PM

This beverages company's stock has zoomed 54% in 6 days; hits 5-year high

Shares of Orient Beverages were locked in the 5-per cent upper circuit for a sixth straight trading day, hitting a five-year high of Rs 179.05 on the BSE on Thursday. READ MORE

 

2:07 PM

NEWS ALERT:: Eicher Motors Nov domestic sales jump 40.8%

2:00 PM

Stock performance remains polarized even as Sensex, Nifty scale new highs

Morgan Stanley remain bullish on consumer discretionary, industrials, financials, and technology; and remain underweight all other sectors. READ MORE

1:54 PM

Indian markets log new highs even as global peers stare at losses

Indian markets are consistently bookmarking new highs, even as the world’s two biggest markets are in deep red. Except for Indonesia, markets across Asia and Europe continue to languish, hit by headwinds, such as monetary tightening, fears of global recession, and crisis arising out of the Russia-Ukraine stand-off. READ MORE