Markets snap 2-day losing run; Sensex rises 276 pts, Nifty nears 19,800

Closing Bell on Tuesday, November 21: Among sectors, the Nifty Metal index rallied 1.22 per cent, followed by the Nifty Realty (1.13 per cent), and the Nifty Media (1.12 per cent)

2:21 PM

Govt bonds may see $25 bn in inflows if included in Bloomberg indices: DBS

The India 10-year bond yield could move lower by about 7 bps in case of any news of inclusion in the Bloomberg Index, with inflows of around $25 billion, said Sameer Karyatt, executive director - treasury and markets at DBS Bank India.  READ MORE

2:09 PM

ALERT:: Infosys to offer new digital solutions to Proximus; stock marginally up

Infosys in an exchange filing today announced yet another successful collaboration with Proximus, Belgium's leading digital services and communications solutions provider, to deliver an IT modernization and consolidation project. 

 

The project will see Infosys consolidating key components of the IT stack of a Proximus affiliate into the main IT stack, enabling them among others to offer fiber and new digital services to more of its customers.

1:59 PM

Godrej Properties to meet Rs 14,000 cr sales bookings target: Pirojsha

Realty firm Godrej Properties will meet its target to sell properties worth Rs 14,000 crore this fiscal year as it expects strong demand for ongoing and upcoming housing projects, its Executive Chairperson Pirojsha Godrej said. READ MORE

1:49 PM

SAT expects rigorous probe, very difficult to catch finfluencers: Sebi WTM

Bhatia said the capital markets regulator has done one case of a financial influencer since coming out with the guidelines earlier this year and termed it as a "very, very big achievement". READ MORE

1:37 PM

Investment via participatory notes slip to Rs 1.26 trillion in Oct

Before registering a decline in October, investments through P-notes have been increasing continuously since March, following the stable Indian economy against an uncertain global macro backdrop. READ MORE

 

1:26 PM

ALERT:: Sterlite Tech hires new industry leaders; stock down 2%

Sterlite Technologies today in an exchange filing said the company was well poised to cater to the demand for Optical Connectivity products and has appointed industry leaders to drive its growth ambition.

1:15 PM

Now, senior citizens can enjoy high and guaranteed returns for long term

The government has made a few changes to the Senior Citizen’s Savings Scheme (SCSS), 2019, through the Senior Citizen’s Savings (Fourth Amendment) Scheme, 2023. Says Gaurav Aggarwal, chief product officer (credit products), Paisabazaar: “The objective of these amendments is to make the scheme more beneficial for retired employees and their spouses.” READ MORE

1:04 PM

Titan hits new all-time high; enters Rs 3 trillion market club

Titan Company today became the second Tata group firm to join Rs 3 trillion market capitalisation (market cap) club after its shares hit a new high of Rs 3,400, up nearly 2 per cent on the BSE in Tuesday's intra-day trade. Read

12:52 PM

NFO alert: DSP Mutual Fund launches DSP Banking & Financial Services Fund

DSP Mutual Fund has launched the DSP Banking & Financial Services Fund (DSP BFSF), banking on the sector that has outperformed the broader Nifty 50 Index in all 10-year periods. However, the sector has been underperforming the Nifty 50 Index since September 2019. Read

12:36 PM

India closer to agreement with Tesla to import EVs, set up facility: Report

India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking. Read

12:22 PM

MARKET CHECK: Sensex surges 400 points

12:10 PM

Kumar Mangalam Birla's carbon black unit to raise $1.5 billion loan: Report

Birla Carbon India Pvt., a closely-held unit of billionaire Kumar Mangalam Birla controlled Aditya Birla Group, is raising an offshore loan of about $1.5 billion, according to people familiar with the matter. Read

11:56 AM

This Ashish Kacholia-owned stock has zoomed over 50% thus far in November

Shares of Sastasundar Ventures (SVL) were locked in the 20 per cent upper circuit at Rs 469.10 on the BSE on Tuesday at 10:47 AM; with only buyers seen on the counter. A combined 734,000 equity shares had changed hands and there were pending buy orders for a combined 168,621 shares on the NSE and BSE. Read

11:39 AM

US seeks over $4 billion from crypto exchange Binance to end criminal case

The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation into the world’s largest cryptocurrency exchange. Read

11:27 AM

Tata Technologies IPO: Details of public offer opening on November 22

Market observers said that a dip of Rs 17 should not be a cause of worry for investors as Tata Technologies IPO GMP is still near 70 per cent of Tata Technologies IPO price band of Rs 475 to Rs 500. Read