New Records Nifty tests 22,400; Sensex gains 61 pts in spl trading session

Stock market Update on Saturday, March 02: The S&P BSE Sensex hit a fresh all-time high at 73,995, and the Nifty a peak at 22,420 in Saturday's special trading session.

9:36 AM

Welspun Corp subsidiary sets up manufacturing facility in MP

>> The company’s step-down subsidiary, Sintex Advance Plastics (SAPL), plans to set up a manufacturing facility for plastic pipes and water storage tanks in Madhya Pradesh with an investment of Rs 400 crore. 

9:34 AM

JSW Steel off highs; co signs MoU with Govt of Italy

>> The company's step-down subsidiary, JSW Steel Italy SRL, has signed a MoU with the Ministry of Industry and Made in Italy, the Tuscany Region and the Municipality of Piombino to commence and relaunch the steelworks site of Piombino.

9:30 AM

Torrent Power gains 4% on order win worth Rs 440 crore

>> It has bagged a project worth Rs 440 crore from NTPC Vidyut Vyapar Nigam for the supply of power from gas based power projects.

9:28 AM

Axis Bank dips in strong market; lender to raise Rs 4,000 cr

>> It will raise up to Rs 4,000 crore via NCDs. The base issue is worth Rs 1,000 crore and the green shoe option will be Rs 3,000 crore. 

9:23 AM

Broader markets :: Mid, SmallCap indices add 0.5% each

9:22 AM

Sectoral trends :: Media index rises 1%, Nifty Bank dips slightly

9:19 AM

Sensex Heatmap :: Tata Steel, L&T lead index gains, NTPC, financials weak

9:18 AM

OPENING BELL :: Nifty hits record high of 22,421

9:16 AM

OPENING BELL :: Sensex starts at record high, nears 74,000

>> Sensex hits record high of 73,982

9:11 AM

Pre-Open Session :: Nifty tops 22,400

9:09 AM

Pre-Open Session :: Sensex up 100 pts

9:07 AM

ALERT :: All stocks in cash, F&O segment to have 5% upper circuit today

9:05 AM

ALERT :: Currency, Commodity markets shut today

9:01 AM

Foreign exchange reserves rise by $2.9 billion to $619 billion: RBI data

Foreign exchange reserves rose by $2.9 billion to $619 billion in the week ended February 23, the latest data by the Reserve Bank of India showed. The total reserves rose due to an increase in foreign currency assets which increased by $2.4 billion in the week. READ MORE

8:57 AM

Conservative investors with long-term goals may opt for ESG funds

Though the Environmental, Social, and Governance (ESG) fund category has given a reasonably decent category average return of 32.4 per cent for the year ended February 28, 2024, it has underperformed diversified equity categories. Flexicap schemes have given 36.9 per cent while multicap schemes have given 44.7 per cent over the same period. Should investors avoid these funds after this recent spell of underperformance? READ MORE