Smallcaps shine in weak market; PSB, IT shares slip, FMCG, defence gain
Closing Bell on September 26, 2023: The BSE Sensex closed at 65,945 levels, down 78 points, while the Nifty50 shut shop at 19,665, down 10 points
2:55 PM
P2M transactions to make 75% of all UPI transactions by 2025: Report
According to the "India Digital Payments Report for H1 2023" released by global payments service provider Worldline, the number of UPI transactions in India rose 62 per cent in the first six months of 2023 compared to the same period last year. This has been largely driven by P2M transactions. READ MORE
2:45 PM
India's bond index inclusion set to test RBI's liquidity, FX management
India's inclusion next year in the JPMorgan emerging market debt index, which could draw up to $25 billion in inflows over a short period, would need more active currency intervention and liquidity management from the central bank, two sources said. READ MORE
2:32 PM
ALERT:: Zuari Industries okays Rs 200 cr fund raise; stock surges 4%
The board of directors of Zuari Industries have approved raising up to Rs 200 crore by way of issue of non-convertible debenturs on a private placement basis. Further, the board also okayed a proposal to avail loan of Rs 125 crore from Axis Finance.
2:20 PM
ALERT:: RVNL emerges lowest bidder for Central Railway contract; stock down 1%
RVNL has emerged as the Lowest Bidder for a Central Railway contract worth Rs 311.18 crore. The work order includes, construction of 4 Nos. Tunnels with ballast less track, Earthwork in formation, Construction of Important Bridges (2nos), Major Bridges (1no), Minor Bridges (25 nos), supply of Stone ballast, Track linking, side drain retaining wall etc. from Km 831.8 to Km 841.9 in Dharakoh Maramjhiri section.
2:07 PM
At 5-year high: This power & infra stock has zoomed 146% in last one month
The stock price of GVK Power & Infrastructure was locked in the 5% upper circuit for the eight day, trading at its highest level since September 2018 on the BSE. READ MORE
1:55 PM
BS Opinion:: Behind ITC's hotels demerger
1:44 PM
Poonawalla Fincorp gets RBI nod to issue co-branded credit card
Poonawalla Fincorp, a Cyrus Poonawalla group- promoted NBFC, has received Reserve Bank of India's approval to issue co-branded credit card with IndusInd Bank. READ MORE
1:31 PM
We care about both countries: US Envoy Eric Garcetti on India-Canada row
Garcetti said, "A record number of student visas were processed this summer. Now, India, again, will probably be the number one source of students from across the world". READ MORE
1:20 PM
I-T dept notifies 'Angel Tax' rules for valuing investments in startups
"The inclusion of a tolerance threshold for minor valuation discrepancies further enhances efficiency and fairness in tax assessments, ultimately benefiting both taxpayers and the govt". READ MORE
1:07 PM
Varun Beverages outperforms, up for 4th day in a row; analysts remain upbeat
Analysts believe VBL is expected to continue its strong growth momentum, which will be led by Normalcy of operations and market share gains in newly-acquired territories (post COVID-19 disruptions). READ MORE
12:53 PM
SME stocks to come under additional surveillance, T2T framework: NSE
The process of identifying stocks moving to the TFT segment will be done fortnightly and stocks moving to and from the segment shall be on a quarterly basis. READ
12:41 PM
India is one of world's most competitive aviation markets: IndiGo CEO
India is one of the most competitive aviation markets in the world and there is also a lot of competition in the market, IndiGo CEO Pieter Elbers said on Tuesday. READ
12:27 PM
OYO set to report maiden profit of over Rs 16 crore in Q2: Report
Oravel Stays Ltd, which operates travel tech brand OYO, is set to report its first-ever profit after tax of over Rs 16 crore in the current quarter ending September, according to an email sent by OYO's founder and CEO Ritesh Agarwal to the company's top management on Tuesday, sources said. READ
12:15 PM
Best Agro slips 3% on reports of tax raids
Reports say IT dept has conducted raids at the company's premise.
11:59 AM
Margin recovery key for Blue Dart Express stock, volume growth expected
Operating profit margins are expected to rise to 13 per cent in FY25 (12.2 per cent in FY23, 9.2 per cent in Q1FY24) on better capacity utilisation and lower Brent-ATF disparity. READ
Topics : Stock Market MARKET LIVE MARKET WRAP Markets gather pace; Sensex up 200 points Markets Sensex Nifty Gift Nifty Market news Indian stock market Indian stock markets stock market trading S&P BSE Sensex Nifty50 Reliance Industries Tata Steel M&M
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First Published: Sep 26 2023 | 7:43 AM IST