Sensex ends 126 pts higher, Nifty atop 18200; HDFC Life soars 4%, TCS 1%

CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent

1:04 PM

Pharma firms with India focus preferred as US market concerns grow

Pharma stocks disappointed investors, but brokerages believe domestic companies are a better bet than those with a higher exposure to the US market. READ MORE

12:52 PM

FinMin may shift tax liability on share buyback to shareholders in Budget

The shift will bring the taxation of share buybacks on the same page as the dividend income. READ MORE

12:40 PM

Adani lifts payout for NDTV open offer to match payment to founders

Adani Enterprises said it will pay an additional 48.65 rupees per share to New Delhi Television Ltd investors who sold their shares to the conglomerate. READ MORE

12:27 PM

Life insurance stocks in focus; LIC, HDFC, SBI, ICICI Pru gain up to 5%

Kotak Institutional Equities has initiated coverage on Life Insurance Corporation of India (LIC) with a 'buy' rating and a fair value of Rs 1,000. READ MORE

12:17 PM

TaMo, Maruti Suzuki: Auto stocks in tight spot amid diverse December sales

In December 2022, most automobile shares flaunted negative returns, with Tata Motors leading the pack, followed by Eicher Motors and Maruti Suzuki. READ MORE

12:03 PM

Renaissance Global up 1% after revenues rise 80% YoY in Q3 update

11:47 AM

Power Finance Corporation surges 5% on heavy volumes; hits over 5-year high

In the past six months, the stock has zoomed 51 per cent, as against 8 per cent gain in the S&P BSE Sensex. READ MORE

11:40 AM

RateGain surges 2% after it acquires US-based Adara for Rs 132.4 crore

11:30 AM

High portfolio yields to make debt funds an attractive option in 2023

Besides high portfolio yield, investors may enjoy capital gains in debt funds in 2023 as bonds rally in anticipation of rate cuts. READ MORE

11:20 AM

Granules India rises 1% after it inks pact with Greenko ZeroC

11:10 AM

Menon Pistons up 3% after CARE Ratings reaffirms 'positive' rating on long-term bank facilities

10:57 AM

Rupee gains 9 paise to 82.69 against US dollar as crude price retreats

The rupee appreciated 9 paise to 82.69 against the US dollar in early trade, as crude oil price retreated from its elevated levels. READ MORE

10:47 AM

Gold prices jump to six-month peak in thin trade ahead of Fed minutes

Gold prices hit a six-month high on Tuesday in thin trading, with the market's attention turning to minutes from the US Federal Reserve's latest policy meeting due this week. READ MORE

10:36 AM

ALERT :: L&T Construction wins orders for its Water & Effluent Treatment Business

10:26 AM

PSP Projects hits record high as it emerges L1 bidder for a govt project

As on September 30, 2022, PSP Projects' order book was healthy at Rs 5,081 crore (2.9x book to TTM revenues). Additionally, the company secured orders worth around Rs 2,045 crore post Q2FY23, which strengthened its order book further. Overall, the total order inflow amounts to Rs 3,310 crore in FY23. READ MORE