Sensex hits 63K, gains 418pts; Nifty ends at record high of 18,750

CLOSING BELL: The S&P BSE Sensex scaled a new summit at 63,303, and settled above 63,000-mark for the first-time ever. The Nifty 50 hit a new all-time high at 18,816 on Wednesday.

11:21 AM

Gland Pharma enters into agreement to acquire Cenexi; stock slips 5%

The acquisition provides Gland Pharma access to leading know-how and development capabilities in sterile forms including for ophthalmic gel, needleless injectors and hormones, the company said. Read more

11:10 AM

New NDTV board OKs Radhika & Prannoy Roy's resignation as RRPR directors

It needs to be mentioned that NDTV's promoter firm RRPR Holding had on Monday stated that it had transferred shares constituting 99.5 per cent of its equity capital to Adani group-owned Vishvapradhan Commercial (VCPL), thus completing the official takeover of NDTV by the Adani group. READ MORE

10:59 AM

JK Lakshmi Cement hits record high, stock soars 28% in November

Shares of JK Lakshmi Cement hit a record high of Rs 706.55, up 3 per cent on the BSE in Wednesday’s intra-day trade, gaining 6 per cent in the last three days on healthy business outlook. Thus far in the month of November, the stock price of the cement company has zoomed 28 per cent, as compared to near 5 per cent rally in the S&P BSE Sensex. Read more

10:49 AM

Rupee gains 17 paise to 81.55 against US dollar ahead of GDP data

Domestic Q2 FY'23 GDP print, April-October fiscal deficit and October core sector data are scheduled to be released later in the day. Read more

10:40 AM

353 million shares of Zomato change hands on NSE; stock trades firm

According to media reports, Alibaba Group Holding Ltd plans to sell a stake of about 3 per cent in Indian food delivery firm Zomato worth $200 million through a block deal. Read more

10:32 AM

Uniparts India IPO: Here's why analysts recommend subscribing to the issue

Uniparts India IPO: Brokerages say the issue is reasonably valued given the company's robust financial profile and leading global market position in its core products. READ MORE

10:24 AM

Is Adani Group emerging as the next Tatas?

Gautam Adani is trying to significantly expand his conglomerate. But why is he pursuing such a strategy, when large diversified conglomerates continue to be seen as dinosaurs in the West? WATCH BS SPECIAL

10:17 AM

Retail CBDC pilot starts Dec 1, to be tested in 4 banks, 4 cities initially

RBI says digital rupee for retail segment will be in the form of a digital token that represents legal tender, to be issued in same denominations as paper currency and coins. READ MORE

10:09 AM

Our goal will be to go public within the next three years: Mohit Batra

With an in depth analysis of over 4000 listed companies on its platform, DR. MOHIT BATRA, founder and chief executive officer, MarketsMojo tells Puneet Wadhwa in an interview that the company is applying for a portfolio management services (PMS) license and plans to launch this business with a direct investment of Rs 5,000 crore. CONTINUE READING

10:03 AM

News Alert: Wipro to Support New AWS Cybersecurity Data Lake Service

According to a release issued by Wipro to the BSE, the IT firm will be an official launch partner for Amazon Security Lake from Amazon Web Service (AWS), which provides the modern enterprise with intelligent security data to solve more security use cases, increase security visibility and reduce threats.

9:59 AM

Market Check:: Advance-decline ratio fairly positive in opening hour of trade

9:57 AM

ALERT: ICICI Bank hit new 52-week high at Rs 954.80 on the BSE

9:55 AM

Market Check:: IT stocks on slippery ground, Nifty IT down 0.6%

9:52 AM

Nifty 50:: Metal stocks lead gainers chart on the NSE benchmark

9:47 AM

Market Check:: Sensex slips 150 points from day's high, now flat