HDFC Bank, ITC lift Sensex 100 pts on late buying; Nifty ends atop 19,600

CLOSING BELL ON SEPTEMBER 06, 2023: The Sensex gained 483 points from the day's low, with HDFC Bank, ITC and Bharti Airtel contributing 217 points to the BSE benchmark on Wednesday.

3:38 PM

Sector check :: Pharma index settled higher in an otherwise choppy session

3:37 PM

Sector check :: Tata Consumer lifts FMCG index 1% up

3:36 PM

Sectoral trends :: Indices end mixed; Pharma, FMCG gain 1%, PSBs down

3:34 PM

Sensex Heatmap :: Airtel, HDFC Bank, ITC support index

3:33 PM

CLOSING BELL :: Nifty ends atop 19,600

3:32 PM

CLOSING BELL :: Sensex ends sharply off lows amid fag-end buying

3:20 PM

ALERT:: US, UK stock futures slip up to 0.7%

Source: Investing.com

3:07 PM

86% housing projects launched between Jul 2017-Dec 2018 completed: Anarock

86% of the total 1,642 housing projects launched between July 2017 and December 2018, across seven major cities in India have been completed, according to real estate consultant Anarock. It was driven by tighter regulations under the realty law Real Estate (Regulation and Development) Act, 2016 (Rera). READ MORE

2:55 PM

Foreign investors rush into Indian stocks as locals lie low: Analysis

Global investors looking for alternatives to China's anaemic economy are pouring money into India, picking stocks carefully in a market they abandoned in 2022 and still deem expensive. READ MORE

2:38 PM

ALERT :: Tata Consumer looking to buy 51% stake in Haldiram's, reports Reuters

2:33 PM

ALERT:: Ind-Swift board okays merger with Ind-Swift Labs; stock up 2%

The board of directors of Ind-Swift have given in principal approval for the proposed merger/amalgamation of Ind Swift with Ind Swift Laboratories. 

 

The board also approved raising its borrowing limit from Rs 1,500 crore to Rs 2,000 crore. 

2:18 PM

ALERT :: RBI will likely meet today to decide on Incremental CRR, says report

2:08 PM

SpiceJet zooms 19% after nearly 3% equity change hands on the BSE

The stock has rallied 27% in two days after the board allotted equity shares and warrants to the promoter group company, and allotted equity shares to aircraft lessors on preferential basis. READ MORE

2:02 PM

ALERT:: ABB inks MoU with Tata Steel to help reduce carbon footprint; stock up 1%

Tata Steel and ABB have signed a Memorandum of Understanding (MoU) and will work together to co-create innovative models and technologies to help reduce the carbon footprint of steel production. ABB will bring global experience in automation, electrification and digitalization for the mining and metals industries, ABB said in a release to the BSE.

 

1:46 PM

ALERT :: Kotak Mahindra AMC clarifies on market rumour over Nilesh Shah

This is with regard to the recent posts circulating on social media about Nilesh Shah, MD & CEO – Kotak Mahindra Asset Management Company (KMAMC) moving to another AMC. We wish to clarify that it is not the truth and these posts are unsubstantiated and are unsolicited rumours.

Alert: Reports earlier suggested that Nilesh Shah was looking to join Jio BlackRock MF as CEO