RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

3:34 PM

Closing bell: Sensex closes 1,000 points higher

3:22 PM

PSU Banks gain steam; Bank of Maharashtra, UBI surge over 5%

3:15 PM

Mahindra & Mahindra to launch fully electric version of XUV 300 in Q1 2023

The company also announced that it will unveil its electric vehicle business strategy, 'Born Electric Vision' of EV concept in August this year. READ HERE

3:05 PM

BSE Auto index hits over 3-mth high; M&M at record high, Tata Motors up 3%

The index has rallied 25 per cent from its 52-week low level of 21,083 hit on March 8, 2022. Given the recent fiscal and monetary measures by Government of India and RBI, the auto sector foresees the cost pressures in the economy to ease out. READ MORE

3:00 PM

NEWS ALERT :: J Kumar Infra bags order of Rs 1,068 cr

>> The company is in receipt of Letter of Acceptance from Ircon International Limited for Construction of Eight lane access-controlled Expressway from Km 69.800 Km 79.783

Click here for details

2:50 PM

Sector check :: PSU Banks soar; Bank of Maharashtra surges 6%

2:40 PM

PayMate India files papers with Sebi to raise Rs 1,500 cr through IPO

Those selling shares in the OFS include promoters -- Ajay Adiseshan and Vishvanathan Subramanian and investors -- Lightbox Ventures I, Mayfield FVCI Ltd, RSP India Fund LLC and IPO Wealth Holdings, besides, certain existing shareholders are too offering shares through this route. READ MORE

2:32 PM

NEWS ALERT :: Jubilant Foodworks appoints Sameer Khetarpal as Chief Executive Officer & Managing Director

2:26 PM

Sector check :: Realty pack rallies; Sobha, DLF lead

2:12 PM

March Quarter Result :: Jubilant Food reports PAT of Rs 116 crore

>> Revenue at Rs 1,158 crore

>> Ebitda at Rs 289.6 crore

>> Ebitda margin: 25%

1:59 PM

IT stocks continue to hold smart gains:: TCS, Infosys lead

IT heavyweights Infosys and TCS led from the front with gains of 4.5 per cent and 3.5 per cent, respectively. Among others, Affle India and KPIT Technologies soared 8.2 per cent and 6.8 per cent, respectively.

1:54 PM

Market Check :: Nifty SmallCap index outshines benchmarks

1:53 PM

BSE 500:: Top monthly losers so far

Jindal Stainless has 37.5 XXX per cent so far and is top monthly loser. Among others, Indostar Capital, Jindal Stainless Hisar, Solara Active, Vardhman Textile and Amber Enterprises have declined 30-35 per cent so far in the last one month.

1:45 PM

NEWS ALERT :: China eases Covid curbs in Shanghai

*SHANGHAI, BEIJING START TO REOPEN AS COVID CASES DROP
 

1:37 PM

BSE 500:: Top monthly gainers so far

Adani Power up over 19 per cent is the top monthly gainer so far. Among others, Gujarat Gas, Hindustan Aeronautics, Bayer Crop Sciences, TVS Motor and NOCIL have rallied 12-16 per cent so far in the last one month.