Sensex ends 390 pts higher driven by HDFC twins, metals, Nifty above 18,150

Closing Bell: Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent

4:02 PM

Over 1,900 stocks advanced, while 1,573 declined

3:56 PM

Broader markets upbeat; India VIX slips over 1%

3:51 PM

Nifty PSU Bank worst sectoral performer, losses led by BoI, Indian Bank

3:48 PM

Nifty Metal best sectoral performer, rises over 1%

3:45 PM

Tata Motors, Adani Enterprises, HDFC Life top Nifty50 losers

3:41 PM

Hindalco, Tata Steel, L&T top Nifty50 gainers

3:36 PM

SENSEX HEATMAP: 23 out of 30 counters close in positive territory

3:34 PM

CLOSING BELL: Nifty50 closes above 18,150 levels, up 100pts

3:33 PM

CLOSING BELL: Sensex closes above 61,000, up nearly 400 points

3:25 PM

Accenture most valued IT brand, TCS & Infosys value up 2%: Report

Accenture retains top slot for the fifth year straight; Cognizant and Wipro fall in rankings. READ MORE

3:15 PM

High RM prices to dent HUL's Q3 margins, revenues may rise up to 14% YoY

Higher advertising spends coupled with inflationary pressures, analysts said, are likely to squeeze EBITDA margins up to 154 basis points (bps) YoY to 23.9 per cent in Q3FY23. READ MORE

3:00 PM

ALERT :: Adani Enterprises' Rs 20,000-cr FPO to likely run between Jan 27-31

>> Adani Ent to issue shares on a partly paid basis

>> Anchor investor bid date is Jan 25

>> Adani Ent to use proceeds to repay Rs 4,170 crore of unit's debt

>> Adani to use Rs 10,900 Cr of proceeds for capex in airport, green biz
 

2:58 PM

Global Check:: US, UK stock futures exhibit flat trade

Source: Investing.com

2:52 PM

Stock of this iron & steel products company zoomed 50% in one month

In the past one month, the stock of the iron & steel products company has zoomed 50 per cent, as compared to 0.41 per cent decline in the S&P BSE Sensex. It had hit a record high of Rs 198.95 on January 2, 2023. READ MORE
 

 

2:43 PM

BSE 500:: Westlife Food, Balrampur Chini, TTML among volume shockers

Westlife Food witnessed unusally high volume of around 7.12 lakh shares so far on the BSE as against its five-day average volume of around 7,850-odd shares. Similarly, Capri Global, Polyplex Corporation, Balrampur Chini and Carborundum Universal were among the other BSE 500 volume toppers on Wednesday.
 

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2:33 PM

News Alert:: Lupin launches Sacubitril and Valsartan combination drug for Heart Failure Patients

Lupin informed BSE the launch of combination drug Sacubitril and Valsartan under two brand names, Valentas and Arnipin, in India. This drug combination is indicated for patients with Heart Failure (HF) conditions. Valentas and Arnipin tablets are available in 200 mg, 100 mg, and 50 mg.
 

2:25 PM

Budget to balance capex, social agenda amid economic slowdown: Economist

India’s government will likely increase capital expenditure for the next fiscal year, though the size of the jump may be lower than previous budgets because of a broader economic slowdown, said Sonal Varma, an economist for Nomura Holdings Inc. READ MORE
 

2:17 PM

Capital gains: Investment cut-off date extended, but there's a catch

Individuals who have earned long-term capital gains from the sale of a house or any other asset can avoid paying tax on these gains by investing in another house or in specified bonds. They can do so under the provisions of Section 54 to Section 54GB of the Income-Tax (I-T) Act. READ MORE
 

2:07 PM

News Alert:: Central Bank Q3 net soars 64%; stock marginally down

Central Bank of India Q3FY23 net profit soared 64.2 per cent to Rs 458 crore as against Rs 279 crore in Q3Fy22. Net interest income rose by 19.3 per cent YoY to Rs 3,285 crore.
 

1:57 PM

Eureka Forbes hits record high; rallies 20% in 3 weeks on healthy outlook

Shares of Eureka Forbes hit an all-time high of Rs 537.05, up 1.4 per cent on the BSE in Wednesday’s intra-day trade, extending its rally on healthy outlook. The stock of the household appliances company has surpassed its previous high of Rs 535, touched on September 13, 2022. READ MORE
 

1:46 PM

BSE 500:: Bank of India, Star Health, Nykaa among top losers

Bank of India slipped nearly 4 per cent and was the top loser among the BSE 500 stocks. Tata Investment Corporation, Star Health, ICICI Lombard and Macrotech Developers, down 3 -4 each were the other prominent losers so far on Wednesday.
 

1:36 PM

Crypto industry wants 0.1% TDS, Sebi-like regulator in Budget 2023

Apart from reducing the tax deducted at source (TDS) rate on crypto's transfer from the current 1 per cent to 0.1 per cent, the Centre must set up a regulator for the industry much like the Securities and Exchange Board of India (Sebi) in the upcoming Budget 2023, experts told Business Standard. READ MORE
 

1:28 PM

News Alert: PSP Projects Q3 net dips 24.8%; stock down 3%

PSP Projects reported a net profit of Rs 35.29 crore for the quarter ended December 2022, down 24.8 per cent when compared with Rs 46.91 crore in Q3FY22. Total income, however, was up 2.1 per cent YoY at Rs 503.87 crore.
 

1:27 PM

ALERT :: Jubilant Foodworks launches first restaurant of US Fried Chicken brand, Popeyes, in Chennai.

1:19 PM

ING planning return to India by buying controlling stake in IDBI Bank

Citing two people familiar with the development, the Economic Times reported that ING top brass were in New Delhi recently to discuss the matter with senior officials. READ MORE
 

1:12 PM

Global Check:: Nikkei rallies 2.5%; Other Asian markets mixed

Source: Yahoo Finance

1:04 PM

Cipla launches diagnostic device, says it will provide results in minutes

Drugmaker Cipla said on Wednesday it has launched a diagnostic device to test for diabetes, infectious diseases, cardiac markers, thyroid function and other conditions. READ MORE
 

12:57 PM

BSE 500:: Just Dial, TTML, Siemens among top gainers

Polyplex Corporation up over 7 per cent was the top gainer among the BSE 500 stocks so far on Wednesday. It was followed by Just Dial, Tata Tele Maharashtra, Swan Energy and Allcargo Logistics, up in the range of 4 - 6 per cent.
 

12:47 PM

How will Budget 2023 help 'Make in India'?

How will Budget 2023 help 'Aatmanirbhar Bharat'? What is a good budget, as per Rajiv Memani? Watch this BS Special Budget Show. VIDEO
 

12:38 PM

OYO to refile updated draft IPO papers by mid February

The company said Sebi in its letter had stated that "the disclosures contained in present DRHP do not take into account the material changes/disclosures arising from Updated financial statements as filed through addendums leading to revised period for disclosures which in turn leads to necessities to make material updates in Risk Factors, Basis of Offer Price, Outstanding Litigations and update other relevant sections of DRHP". READ MORE