Monday, December 23, 2024 | 11:03 PM ISTEN Hindi

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

SI Reporter New Delhi

BSE

9:10 AM

PRE-OPEN SESSION: Sensex climbs over 200 points

9:08 AM

PRE-OPEN SESSION: Nifty50 advances above 17,700 levels, up 80 points

9:06 AM

Indian rupee opens at 82.07/$ as against previous close of 82.09/$

8:58 AM

ALERT :: Nykaa announces several executives across verticals

Technology & Product

Rajesh Uppalapati
Abhishek Awasthi, Eswar Perla, Dhruv Mathur and Amit Kulshresth

Finance, Legal & Regulatory
P. Ganesh
T.V. Venkataraman

Business & Revenue
Vishal Gupta
Dr. Sudhakar Y Mhaskar
Shailendra Singh

Marketing & Customer Growth
Sudhansh Kuma
Priya Bellubbi
Suchita Salwan

Check their portfolios here

8:54 AM

Growth momentum may have sustained in Q4, says FM Nirmala Sitharaman

The finance ministry had posted a few tweets about Sitharaman’s speech, but Business Standard has reviewed a copy of her full speech at the Fund-Bank meeting held during 10-16 April. The National Statistical Office (NSO) will release the March quarter gross domestic product (GDP) data on May 31 READ MORE

8:51 AM

Lenders of Reliance Capital to meet today to consider bidders' concerns

According to sources, both the bidders have made it clear to the Committee of Creditors (CoC) that unless the issues raised by them are duly resolved to their complete satisfaction, they are unlikely to participate in the second round of auction. READ MORE

8:48 AM

Street signs: Defence stocks may rise, Mankind Pharma IPO, and more

Mankind Pharma IPO a promising prescription

The grey market premium for the initial public offering (IPO) of Mankind Pharma, known for its at-home pregnancy testing kits, is less than 10 per cent apiece. The IPO will open on April 25 and close on April 27. The shares are likely to get listed on May 9 on both the National Stock Exchange and the BSE. READ MORE

8:44 AM

WATCH :: Why have cryptos outperformed equities, gold in 2023?

8:40 AM

Q4 business update :: Sunteck Realty says its pre-sales stood at Rs 537 cr in Q4FY23, up 36% QoQ

>>FY23 pre-sales stood at Rs 1,602 crore, a growth of 23% YoY

>> Collections were worth Rs 330 crore in Q4FY23, up 8% on QoQ basis. FY23 collections stood at ~Rs 1,250 crore, registering a growth of 19% on YoY basis.

8:37 AM

ALERT :: RattanIndia says Revolt Motors hardware upgrade package a big hit with customers

>> RattanIndia's Revolt Motors, India's highest selling electric motorcycles company, had recently launched hardware upgrade package.

>> The RV400 is already one of the most popular electric motorcycles in the country, and these upgrades have taken its performance to the next level.

8:33 AM

Wipro to consider buyback proposal

Wipro had initiated a buyback programme worth Rs 9,500 crore in 2020. The company completed it in 2021. In January 2021, it announced that it had completed the buyback. In a regulatory filing, it said, “23,75,00,000 equity shares were bought back under the buyback, at a price of Rs 400 per equity share. The total amount utilised in the buyback is Rs 9,500 crore.” READ MORE

8:30 AM

Adani Ports & SEZ starts first bond buyback after Hindenburg report

The company also said it plans to buy back $130 million of the 3.375 per cent senior notes in each of the next four quarters as it tries to show its comfortable liquidity position, the firm said in stock exchange filing. READ MORE

8:25 AM

Energy business powers RIL; outlook positive for stock

The Singapore gross refining margins improved sequentially to $8.2 per barrel in the October-December quarter, led by the opening up of the Chinese economy and rising mobility levels. There are, however, near-term worries as the Singapore benchmark is down sharply over the past fortnight — from $6 per barrel to $2.5 a barrel due to multiple demand-supply triggers. READ MORE