Business Standard

Sensex, Nifty end in the green for 3rd day; all but banking stocks rally

Closing Bell on August 30, 2023: SBI, ICICI Bank, HDFC Bank, Bajaj Finance, IndusInd Bank, NTPC, Kotak Bank, and Bajaj Finserv fell up to 1.4 per cent

Image SI Reporter New Delhi
Stock brokers

3:44 PM

Nifty 50 Losers:: BPCL, PowerGrid, Hero MotoCorp dip over 1%

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3:43 PM

Nifty 50 Gainers:: Jio Financial hits 5% upper limit; Tata Steel, Maruti also shine

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3:41 PM

Sensex 30 Heatmap:: 16 Gainers v/s 14 Losers

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3:39 PM

CLOSING BELL:: NSE Nifty50 settles 5 pts higher at 19,347

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3:38 PM

CLOSING BELL:: S&P BSE erases 350-point gian, ends flat at 65,087

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3:26 PM

Global Check:: US, UK stock futures in red

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Source: Investing.com

3:19 PM

Ramkrishna Forgings bags 8.25 million Euro order in South America

Home-grown Ramkrishna Forgings on Tuesday said it has bagged an order worth Euro 8.25 million, about Rs 73.65 crore, for the supply of equipment to a client in the South American market. READ MORE

Carmakers

3:09 PM

BPCL, IOC, HPCL stocks slide 1-3% on reports OMCs may bear LPG subsidy cost

The move is also sentimentally negative for OMC stocks as investors fear that price cuts on petrol and diesel could be next in line ahead of the assembly and general elections. READ MORE

One option is to make gas cylinders free for the PMUY beneficiaries, as was done during the first Covid wave. This benefits over 80 million households.
3:00 PM

Walmart-owned payments company PhonePe forays into online stock broking

The platform will charge users an onboarding price of Rs 199 rupees, while there will be no charge for trades of up to Rs 400, the company said in a statement. READ MORE

PhonePe

2:49 PM

Hotel stocks in focus; Indian, EIH, Chalet hit new highs, surge up to 7%

Shares hotel companies were on a roll on Wednesday, hitting their respective new highs and surging up to 7 per cent on the BSE in the intraday trade, on healthy business outlook. READ MORE

Indian Hotels Company
2:39 PM

Strides Pharma arm gets USFDA nod for Mycophenolate Mofetil; stock trades flat

The approval granted by the US Food & Drug Administration (USFDA) is for Mycophenolate Mofetil for oral suspension of strength 200 mg/ml, Strides Pharma Science said in a regulatory filing. READ MORE

Photo: iStock
2:29 PM

India will buy oil from anyone who offers lowest prices: Hardeep Singh Puri

India will buy oil from all sources that offer it at the "lowest possible prices", the country's oil minister told broadcaster ET Now on Wednesday. India has been buying crude oil from Russia, which is now its top oil supplier, at discounted prices since the west imposed import curbs following its invasion of Ukraine last year. READ MORE

Minister for Housing & Urban Affairs Hardeep Singh Puri (Photo: PTI)

2:19 PM

SAT 'not satisfied' with Sebi order in Zee matter, seeks regulator's reply

Hearing an appeal filed by Zee Entertainment Enterprises’ (Zee) promoter Punit Goenka, the Securities Appellate Tribunal (SAT) on Wednesday directed the market regulator to file a reply by September 4. The tribunal has placed the matter for final decision on September 8. READ MORE

We want to transform into an all-round media company: Punit Goenka

2:10 PM

ALERT:: Titagarh Rail wins Rs 350 cr order from GMRC; stock up over 1%

Titagarh Rail Systems has received Letter of Acceptance (LOA) from the Gujarat Metro Rail Corporation (GMRC) for "Design, Manufacture, Supply, Testing,
Commissioning and Training of 30 nos. of Standard Gauge Cars for Ahmedabad Metro Rail Phase-II Project". The order value is approximately Rs 350 crore; the company said in a release to the BSE.

metro systems

1:59 PM

India experiences the driest August ever recorded, with a 33% rain deficit

This month is on track to become India's driest August on record due to irregular weather patterns attributed to El Nino, according to a report by The Times of India (ToI). The month has seen a rainfall deficit exceeding 33 per cent, with over 20 days registering no precipitation. This could result in the June-September monsoon season concluding with an overall rainfall deficit. READ MORE

Monsoon
 

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First Published: Aug 30 2023 | 7:25 AM IST

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