Banks, Wipro lift indices in fag-end; Sensex up 401 pts, Nifty tops 17,700

CLOSING BELL: The gains in benchmark indices were led by HDFC Life (up 6.4 per cent), Wipro, ICICI Bank, Titan, Axis Bank, SBI, Hero MotoCorp, Grasim, and Adani Ports

3:45 PM

Broader indices gain in tandem with benchmark Nifty 50

3:41 PM

Nifty 50 Losers:: Dr.Reddy's, IndusInd Bank, Cipla, Divis Lab slip over 1% each

3:39 PM

Nifty 50 Gainers:: HDFC Life soars over 6%; Tata Consumer surges 5%

3:37 PM

Sensex 30 Heatmap:: 23 Gainers v/s 7 Losers

3:35 PM

CLOSING BELL:: NSE Nifty50 jumps 119 pts, settles at 17,743

3:33 PM

CLOSING BELL:: S&P BSE Sensex rallies 401 pts, ends at 60,056

3:23 PM

Digital firm MapmyIndia's profit up 23% at Rs 107 crore in FY23

The company’s revenue grew around 40 per cent to Rs 281.5 crore from Rs 200.44 crore in FY22. Revenue from automotive and mobility technology increased 34 per cent to Rs 152 crore while the consumer tech and enterprise digital transformation segment grew 48 per cent to Rs 130 crore. READ MORE

3:12 PM

S Chand and Co to acquire stake in government test prep platform ixamBee

ixamBee helps unskilled graduates and undergraduates prepare for government competitive examinations like those conducted by banks, insurance companies, and Railways. READ MORE

3:04 PM

Credit Suisse's net asset outflows topped $68 billion in first quarter

Ailing Swiss bank Credit Suisse reported over 61 billion Swiss francs (over 68 billion) in net asset outflows in the first quarter, when Switzerland's government arranged for its takeover by rival UBS. READ MORE

2:50 PM

Raw material inflation may dent Nestle India's Q1CY23 margins YoY: Analysts

Nestle India Q1CY23 preview: While Indian business is likely to report double-digit revenue growth on a YoY basis, the international business is estimated to grow in mid-single digits, said analysts. READ MORE

2:36 PM

Solar Industries India grabs Rs 212 cr order from ministry of defence

The size of the order is Rs 212 crore, the company said. Homegrown Solar Group is into manufacturing of industrial explosives. READ MORE

2:27 PM

Earnings Alert:: IndusInd Bank Q4 net jumps 46%; stock pares gain

IndusInd  Bank Q4FY23 net profit jumped 45.9 per cent to Rs 2,043.44 crore when compared with Rs 1,400.64 crore in Q4FY22. Total income rose 24.7 per cent YoY to Rs 12,174.31 crore.

2:19 PM

Is Mankind Pharma IPO worth a subscription? Here's what brokerages suggest

In the grey markets, shares of Mankind Pharma enjoyed a premium of Rs 90, which translated to a likely listing price of Rs 1,170 per share on the upper price band. READ MORE

2:07 PM

Power Mech surges 8%, hits record high on winning orders worth Rs 720 crore

The stock price of PMPL has appreciated by 70 per cent from a level of Rs 1,571 touched on February 3 on the BSE. READ MORE

1:53 PM

Earnings Alert:: Bank of Maharashtra Q4 net zooms 136%; stock jumps 6%

Bank of Maharashtra reported a near 2.4-fold jump in Q4 net profit at Rs 840.04 crore for the quarter ended March 2023 when compared with Rs 355.23 crore in the quarter ended March 2022. Total income grew 34.7 per cent YoY to Rs 5,317.27 crore.

The bank's board also approved a proposal to raise up to Rs 7,500 crore via FPO / Rights / QIP issue.