Sensex extends rally to 6th day, ends 333 pts higher; Nifty reclaims 19,800

CLOSING BELL ON SEPTEMBER 08, 2023: L&T, Airtel and banks were the major movers on Friday; the S&P BSE Sensex has rallied 1,767 points in the last six straight trading sessions.

SI Reporter New Delhi

3:36 PM

Sensex Heatmap :: Bulls win for 6th day led by NTPC, L&T, TaMo

3:34 PM

CLOSING BELL :: Nifty ends atop 19,800

3:33 PM

CLOSING BELL :: Sensex rallies 300 pts despite global selling

3:19 PM

Wire and cables maker RR Kabel aims to raise $236 million via IPO

The Mumbai-based company, backed by private equity firm TPG, will issue new shares worth Rs 180 crore. READ MORE

3:09 PM

Landmark Cars jumps 19%; hits record high on adding M&M to its dealership

In an exchange filing, Landmark Cars said the company has signed a Letter of Intent with Mahindra and Mahindra for opening a dealership in Howrah, West Bengal. READ MORE

3:08 PM

ALERT :: Reliance Industries, Nvidia partner to bring AI to India

>> NVIDIA and Reliance Industries today announced a collaboration to develop India's own foundation large language model trained on the nation’s diverse languages and tailored for generative AI applications to serve the world’s most populous nation.

>> The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today.

Source: Nvidia statement

2:52 PM

Bank stocks gain as RBI decides to discontinue I-CRR in a 'phased manner'

As per the schedule, the RBI will release 25 per cent of the amount received under I-CRR on September 9, next 25 per cent on September 23, and the remaining 50 per cent on October 7. READ MORE

2:34 PM

ALERT:: Railways awards full catering contract to IRCTC; stock rallies 4%

Ministry of Railways has decided that cateriing facilities in all coaches/ trains booked on FTR shall be arranged by IRCTC, except for full trains booked with pantry cars.

2:18 PM

ALERT :: RBI to discontinue i-CRR in a phased manner

RBI plans to discontinue incremental CRR (Cash Reserve Ratio) in a phased manner; Entire i-CRR requirement will be phased out by October 07

2:10 PM

ALERT:: GE Shipping announces key managerial personnel; stock up 2%

The Great Eastern Shipping Company informed BSE that the company has made Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent. The details were not available in the release.