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.

1:54 PM

ALERT :: Sensex treads lower ahead of weekly F&O expiry

1:46 PM

HDFC Bank likely to raise Rs 15,000 cr via tier-2 bonds, largest this FY

HDFC Bank is likely to raise up to Rs 15,000 crore through the issue of Basel-III compliant tier-2 bonds on Thursday, making it the largest such debt issuance this financial year, sources told Business Standard. READ MORE

1:39 PM

Nov Auto Sales :: Tata Motors registers total sales of 75,478 units, up 21% YoY

1:36 PM

Proposed gas price revision to bring short-term relief to CGDs: Analysts

The proposed domestic gas pricing formula by Kirit Parikh panel will likely provide headroom to CGDs to reduce prices and improve margins, but this may hurt producers like ONGC, Oil India, experts say. READ MORE

1:24 PM

Global Check:: Major Asian markets advance around a per cent each

Source: Yahoo Finance

1:16 PM

NEWS ALERT:: TVS Motor November sales up 2%

The company registered a growth of 2 per cent with sales increasing from 257,863 units in November 2021 to 263,642 units in November 2022. Domestic two-wheeler sales registered growth of 9 per cent increasing from 175,940 units in November 2021 to 191,730 units in November 2022.

1:04 PM

Adani Green raises JPY 27,954 mn through subsidiary to refinance debt

Adani Green Energy Ltd on Thursday said it has raised 27,954 million Japanese Yen (around Rs 1,630 crore) through its subsidiary Adani Solar Energy AP Six to refinance its existing indebtedness. READ MORE

12:56 PM

What does e-rupee mean for you?

India’s digital rupee is making its retail debut today. Soon, people will use this digital currency for daily transactions. Find out how it’s going to be different from digital wallets and UPI. WATCH VIDEO

12:49 PM

News Alert:: CRISIL affirms AA+/Stable on Biocon's long-term rating

CRISIL has affirmed CRISIL AA+/ Stable rating on Biocon's total bank facilities worth Rs 250 crore. The short-term rating has been reaffirmed to CRISIL A1.

12:42 PM

BSE 500:: Shriram Transport, NCC, Esab India among top losers

Privi Speciality down 4.5 per cent was the top loser among the BSE 500 stocks so far. Shriram Transport, NCC, Mahindra Logistics and Esab India were the other prominent losers, down over 3 per cent each.

12:32 PM

TCS, Tata Coffee: 5 Tata Group stocks that you can bet on for a good return

Within the Tata Group space, except for Indian Hotels, others like TCS, Tata Motors, Trent and Tata Coffee seem poised for a buoyant rally in the near term. READ MORE

12:18 PM

Nov Auto Sales :: Ashok Leyland posts 39% YoY rise in sales

12:09 PM

BLS Int'l at new high on fixing record date for 1:1 bonus; up 12% in 2 days

This is the second bonus issue announced by BLS International during the current calendar year 2022 (CY22). Earlier, the board of the company, on April, 13, 2022 and subsequently the shareholders in the extra-ordinary general meeting on May 09, 2022, had approved the issue of bonus equity shares in the ratio of 1:1.READ MORE

11:54 AM

What's powering the rally in Reliance Industries' stock?

At the bourses, RIL now trades at its highest level since June 10, 2022, while its record high stands at Rs 2,855, hit on April 29. In the last three months, the stock has moved up nearly 7 per cent as compared to 8 per cent rise in the S&P BSE Sensex, data shows. READ MORE

11:43 AM

Cement shares in focus; JK Lakshmi, Dalmia, JK Cement up over 12% in 1 month

Shares of cement companies continued at their upward movement on the bourses on expectation of margin improvement due to falling input costs, and demand recovery post monsoon and during the next fiscal (FY24) due to pre-general election government spending. READ MORE