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.

9:38 AM

Motherson gains 1% on commencing new wiring harness facility in UAE

The company has inaugurated its new wiring harness facility located in Ras Al Khaimah Economic Zone (RAKEZ). His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah formally inaugurated Motherson’s facility in the Emirate of Ras Al Khaimah (UAE).

9:37 AM

ONGC firms up on plan to infuse Rs 15,000 crore in OPaL

State-owned ONGC will infuse about Rs 15,000 crore in OPaL as part of a financial restructuring exercise that will see gas utility GAIL being edged out of the petrochemical firm.

ONGC currently holds 49.36 per cent stake in ONGC Petro-additions Ltd (OPaL), which operates a mega petrochemical plant at Dahej in Gujarat. GAIL (India) Ltd has 49.21 per cent interest and Gujarat State Petrochemical Corp (GSPC) has the remaining 1.43 per cent. 

9:35 AM

L&T extends Thursday's rally amid report co bags $3.9 bn contract from Saudi Aramco

As per a Business Standard report, the engineering conglomerate has secured a multi-billion-dollar contract from Saudi Aramco. A West Asian business intelligence website estimated the total value of the order at $3.9 billion.

9:31 AM

Realty index lead sectoral winner; Media stocks mirror strength

9:28 AM

SmallCaps lead over benchmarks; MidCaps also gain

9:25 AM

Hindalco, Apollo Hospital, Coal India lead Nifty losers

9:22 AM

HEATMAP: L&T, NTPC, Maruti lead Sensex gains

9:20 AM

OPENING BELL: Nifty rises above 19,750

9:17 AM

OPENING BELL: Sensex opens 100 points higher

9:09 AM

PRE-OPEN: Nifty reclaims 19,750

9:08 AM

PRE-OPEN: Sensex off to positive start

9:04 AM

CURRENCY ALERT: Rupee opens at 83.14/$ vs Thursday’s close of 83.21/$

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8:59 AM

India Inc set for board refresh as grandfathering period ends soon

India Inc will soon begin a search for nearly 400 new independent directors as the 10-year grandfathering period to replace the existing long-tenured directors nears its end. READ MORE

8:56 AM

Multilateral development banks, tech on plate during Modi-Biden meeting

Prime Minister (PM) Narendra Modi may discuss reforms for multilateral development banks (MDBs) along with a range of technology and defence issues with US President Joe Biden on Friday. READ MORE

8:53 AM

WATCH :: Is it time to bargain hunt speciality chemical stocks?