Sensex rallies 502 pts, ends above 66K; Nifty near 19,600; IT stocks sizzle

CLOSING BELL ON JULY 14, 2023: The BSE benchmark index scaled a fresh summit at 66,160, while the NSE Nifty50 registered a record high at 19,595.

3:10 PM

Market Check:: Sensex at day's high, up over 400 pts

2:58 PM

Moody's downgrades Azure Power Energy and Azure Power Solar Energy

The one-notch downgrade of APE's and APSEP's debt ratings has been driven by governance issues related to internal controls and compliance. READ MORE

2:49 PM

Ashoka Buildcon, Birlasoft among stocks that hit 52-week highs

2:40 PM

LTIMindtree Q1 results on Monday, July 17; stock up 3%

2:31 PM

Patanjali hits 5% upper circuit; OFS fully booked

2:20 PM

Nifty IT index extends rally, up over 4%

2:15 PM

Nirma, Sekhmet Pharmaventures vie for $731 mn Glenmark Life stake: Reports

Suitors have entered final round of bidding for stake of about 83% in Mumbai-listed company held by Glenmark Pharmaceuticals Ltd., said people, who asked not to be identified as information is private. READ MORE

2:03 PM

ALERT :: Chemplast Sanmar selected as a supplier to manufacture an Active Ingredient

>> The Custom Manufactured Chemicals Division of Chemplast Sanmar Limited has recently been selected by a global agrochemical innovator to manufacture a new pipeline Active Ingredient (AI), the company said in a statement.

1:56 PM

Market Check :: SmallCap shakers at this hour

1:48 PM

Commodity Corner :: Gold edges down, Silver ticks higher on MCX

1:39 PM

Q1FY24 Update :: Monte Carlo records sales revenue growth of 20%

>> The company has strengthened its retail presence in India with the opening of 11 new EBO’s during Q1 FY24, out of which 5 EBO’s are opened in Northern Region, 2 EBO’s are opened in Central region, 2 EBO’s are opened in Eastern region, 1 EBO is opened in Southern Region and 1 EBO is opened in Western Region.

>> With this the total number of EBO’s has reached approximately 366 across 21 states and 4 union territories.

1:29 PM

Market Check :: MidCap movers at this hour

1:21 PM

ALERT :: MCA approves incorporation of IGL Genesis Technologies, a Joint Venture between IGL and Genesis

>> The companies have the equity participation in the ratio of 51:49, respectively

1:12 PM

IPO Update :: Utkarsh SFB issue subscribed 32.5x

1:02 PM

Filing ITR for crypto gains: Here's your guide on taxation for VDAs

"This tax applies to all investors, whether private or commercial, who transfer digital assets during the year. The tax is same for a short term or a long-term gain," said -Soayib Qureshi, Associate Partner, PSL Advocates & Solicitors. READ MORE