Sensex sprints 970 pts, ends atop 71,450; Nifty holds 21,450; IT, PSBs jump

Closing Bell on December 15, 2023: Among sectors, the Nifty IT index zoomed 4.5 per cent, the Nifty Metal gained 2.13 per cent, and the Nifty PSU Bank index 2.39 per cent

10:15 AM

Texmaco Rail surges 10% on order win worth Rs 1,374 cr from Railway Board

Shares of Texmaco Rail & Engineering hit a new high of Rs 188.95 as they rallied 10 per cent on the BSE in Friday's intraday trade after the company said it has received an order to manufacture and supply 3,400 BOXNS wagons for Rs 1,374 crore. At 09:30 AM, the stock was quoting 6 per cent higher at Rs 181.35 as compared to 0.3 per cent gain in the S&P BSE Sensex. Read

10:03 AM

Biocon considers selling generic API biz; turn into biosimilar major

Pharma major Bicocon is considering a plan to sell its generic active pharmaceutical ingredient (API) business to reduce its overall debt, according to a report in The Economic Times (ET). Biocon's API business is valued at around $1.5 billion. The company has not taken any concrete action in this direction, ET reported. Read

9:52 AM

Crypto adoption high in India, says IMF chief Kristalina Georgieva

The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that cryptocurrency (crypto) asset adoption is high in countries like India, and the challenge is that high crypto asset adoption could undermine macrofinancial stability. Read

9:41 AM

Xpro soars 3%; to consider fundraise on Dec 19

Board meeting to be held on Dec 19 to consider raising funds.

9:38 AM

Genus Power up 5% as arm wins project worth Rs 1,026 crore

Its wholly owned subsidiary has received a Letter of Award (LOA) worth Rs 1,026 crore for a project. 

9:36 AM

Infibeam Avenues jumps 6%; to acquire 49% stake in Pirimid Fintech

The company announced its strategic foray into the capital markets and digital lending software market by acquiring a 49 per cent stake in Pirimid Fintech for Rs 25 crore. 

9:33 AM

Jupiter Wagons up 2% on winning Rs 1,617 crore order

The company received an order worth Rs 1,617 crores from the Ministry of Railways to manufacture and supply 4000 BOXNS wagons.

9:31 AM

Hero Moto to buy additional 3% stake in Ather Energy; stock gains

To buy additional 3 per cent stake in Ather Energy for up to Rs 140 crore. Has also appointed DLF’s Vivek Anand as CFO. 

9:28 AM

eYantra Ventures surges 5% on winning contract from Nvidia

It has received a staffing service order from chip major Nvidia. The contract is worth $900,000.

9:26 AM

Texmaco Rail up 6% on winning Rs 1,374 crore

The company has received an order to manufacture and supply 3,400 BOXNS wagons for Rs 1,374 crore.

9:23 AM

Financials, Realty indices trail; IT, Metal pockets gain

9:22 AM

SmallCap index outperforms benchmark

9:20 AM

Hindalco, LTIMindtree additional Nifty winners

9:20 AM

HDFC Life, BPCL, Nestle top Nifty drags

9:19 AM

Heatmap: IT, Metal stocks lead Sensex gains