Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

CLOSING BELL ON AUG 28, 2023: Shares of Reliance Industries (down 1.4 per cent) and Jio Financial Services (down 0.97 per cent) ended as the top large-cap laggards amid profit booking

2:07 PM

STOCK CHECK | Shares of RIL trades flat as 46th AGM begins

2:05 PM

RIL 46th AGM LIVE :: India stands out as a beacon of hope for the world, says Ambani

2:05 PM

RIL 46th AGM LIVE :: Chandrayaan-3's success depicts what India can achieve, says RIL Chairman Mukesh Ambani

2:01 PM

ALERT :: RIL's 46th AGM begins; Mukesh Ambani begins address

1:51 PM

LT Foods, KRBL, Chaman Lal, GRM slide up to 6% on basmati rice export curbs

KRBL, GRM Overseas and Chaman Lal Setia, meanwhile, dropped over 3 per cent, 4 per cent and 6 per cent, respectively, to their respective intra-day lows. READ MORE

1:42 PM

ALERT:: Schaeffler India to buy KRSV Innovative Auto Solutions; stock marginally up

Schaeffler India board approved the acquisition of 100 percent of the shares of KRSV Innovative Auto Solutions Private for a consideration of Rs 142.40 crore.

1:30 PM

Jan Dhan Yojana revolutionised financial inclusion in India: FM Sitharaman

Under the scheme, the number of bank accounts grew 3.4-fold from 147.2 million in March 2015, to 500.9 million on August 16, 2023. READ MORE

1:21 PM

ALERT:: CRISIL reaffirms rating on Bharat Dynamics Rs 600 cr loan; stock trades flat

Bharat Dynamics in an exchange filing said that CRISIL Ratings has reaffirmed its credit rating of CRISIL A1+ for the company's total bank loan facilities worth Rs 600 crore.

1:12 PM

RIL, Linde India: Trading strategies for buzzing stocks of the day

Shares of Reliance Industries on Monday traded sideways and on a sluggish note ahead of its AGM later in the day. READ MORE

1:00 PM

Asian Market Update:: Nikkei jumps 1.7%; Shanghai, Hang Seng gain 1%

Source: Yahoo Finance

12:49 PM

RailTel Corporation surges 12% on heavy volumes; stock nears record high

A combined 22.3 million equity shares, representing 7.3 per cent of total equity of RailTel, changed hands on the NSE and BSE till 12:17 PM. READ MORE

12:38 PM

Market Check :: Broader indices outperform benchmarks

12:28 PM

Stock of this metering solutions provider zooms over 200% in 3 months

Meanwhile, in past three months, the stock has zoomed 204 per cent after the company on July 7, signed definitive agreements with Gem View Investment Pte Ltd, an affiliate of GIC, Singapore (GIC) for setting up of a Platform for undertaking Advanced Metering Infrastructure Service Provider (AMISP) concessions. Genus Power would be the exclusive supplier to the Platform for smart meters and associated services. GIC will hold a 74 per cent stake; the balance will be Genus. READ MORE

12:18 PM

ALERT :: Venus Remedies receives marketing approval from Saudi Arabia for its product Enoxaparin

>> Venus Remedies has an annual capacity of producing more than 5 million units of Enoraparin, a widely used anticoagulant that prevents blood clots, at its robotic line.

>> Having secured marketing authorisations from Saudi Arabia for six antibiotics meant for intensive care units and three oncology products, Venu Remedies has so far sold more than 12 million units of drugs in the $7.8-billion Saudi Arabian pharmaceutical market(as in 2021), which is expected to grow to $13.1 billion by 2031 at a 10-year CAGR of 5.4 per cent.

More detail here

12:08 PM

Texmaco Rail zooms 14%; hits new all-time high

So far in August, the stock has soared nearly 37 per cent as against a 2.5 per cent drop in the BSE benchmark. For the financial year 2023-24, the stock has seen a solid rally of 252 per cent while the Sensex has gained 11 per cent. READ MORE