Sensex gains 230 pts; Suraj Real Estate drops 7%, Adani Green rallies 5.5%

Closing Bell on December 26, 2023: On the downside, the Nifty Media index fell 0.58 per cent, and the Nifty IT shed 0.4 per cent

10:21 AM

Infosys dips 2% on termination of $1.5 bn multi-year deal with global firm

Shares of Infosys dipped 2.5 per cent to Rs 1,522.50 on the BSE in Tuesday’s intra-day trade after the information technology (IT) services firm on Saturday said that a global company has decided to terminate a multi-year contract worth $1.5 billion with it. Read

10:06 AM

Alert: Motisons Jewellers sees bumper listing with 89% premium

10:04 AM

Alert: Tepid debut for Muthoot Microfin with 4.5% discount to issue price

10:02 AM

Alert: Suraj Estate lists at a discount in weak debut

Debuts at 4.4% discount to issue price of Rs 360

9:50 AM

Kalyan Jewellers edges higher; incorporates new step-down arm in UAE

 Incorporates a wholly-owned step-down subsidiary - Kalyan Jewellers Procurement LLC - in UAE.

9:48 AM

Biocon rises 2%; arm partners Sandoz for Adalimumab sale in Japan

The pharma company’s arm Biocon Biologics has partnered with Sandoz for the distribution, sale, and promotion of Adalimumab (a biosimilar version of the blockbuster drug Humira) in Japan.

9:45 AM

Adani Green gains on inking PPA of 1,799 MW with SECI

Company has inked a power purchase agreement (PPA) to supply 1,799 megawatts (Mw) of solar power to Solar Energy Corporation of India (SECI).

9:42 AM

Inox Wind spikes 5% up on repeat order win of 279 MW

 Inox Wind bags repeat order for 279 MW from a large C&I player. 

The order is for its latest 3 MW Wind Turbine Generators and the scope comprises of a mix of equipment supply with limited scope EPC for 180 MW and end-to-end turnkey execution for 99 MW. 

9:36 AM

Paytm slips on laying off 1,000 employees to ease costs

Paytm has laid off 1,000 employees to save on its employee costs due to the recent shift in the regulatory landscape and the adoption of AI.

9:35 AM

Network18 surges over 5% on report RIL, Disney sign term sheet for media ops merger

Walt Disney and Reliance Industries reportedly inked a non-binding term sheet in London last week to advance with plans to merge their India-based media operations. 

9:31 AM

IT index dips 1%; Metal pocket gains most

9:27 AM

Mid, SmallCap indices outperform benchmarks

9:23 AM

Infosys sinks 2%, leads losses among frontline stocks

A global client of Infosys has terminated a deal worth $1.5 billion.

9:22 AM

UPL, Tata Consumer, Britannia lead gains on Nifty

9:20 AM

Heatmap: Gainers outnumber losers on Sensex