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Sensex snaps 3-day losing streak, ends 479pts higher; Nifty reclaims 17,100

CLOSING BELL: Power majors - PowerGrid, NTPC along with FMCG and select financial shares were the major gainers in trade among the Sensex 30 on Wednesday.

Apollo Micro Systems hits over 4-yr high on stable outlook; stock soars 15%

In the past one month, the stock has outperformed market as shares surged 25 per cent, as against 4.4 per cent decline in the S&P BSE Sensex

Here's why IDFC, IDFC First Bank shares jumped up to 5% on Wednesday

The Bank's profitability is expected to improve over the medium term as the bank establishes its retail franchise and the economies of scale help improve operational efficiency

Stock of this SS pipes producer has zoomed 100% against its issue price

With Wednesday's gain, the stock of Venus Pipes has zoomed nearly 100 per cent against its issue price of Rs 326 per share

Biocon falls 12% in 5 days on one major deficiency alert for API unit

The pharma company said it will respond to the European medical regulator with appropriate corrective and preventive actions within the stipulated time.

M&M gains 2%; firm strengthens pact with Jio-bp for EV charging points

CARE Ratings reaffirmed ratings on the existing bank facilities of M&M with stable outlook.

Footwear shares extend rally; Liberty Shoes, Campus Activewear at new highs

Union Minister Piyush Goyal on Friday said India's footwear sector has immense potential, and it can increase production and exports 10 times in the near future.

Sensex sheds 844pts in late sell-off, Nifty breaks 17,000; IT index down 2%

CLOSING BELL: Sectorally, apart from the BSE IT index, which declined 2 per cent, the Consumer Durables, Metal and Realty indices were the other major losers

Star Cement hits 52-week high on heavy volumes; stock up 30% in 3 months

Cement consumption in the Eastern region (131 Kg) is although lower than the national average (195 Kg), the market is likely to witness positive change in near future.

This rail-related stock has zoomed 107% in 5 months; hits 15-year high

Kernex Microsystems was locked at 5% upper circuit, and was at its highest level since October 2007

Sugar shares trade higher in a weak market; Shree Renuka hits 11-year high

ICRA expects operating margins for sugar firms to remain in the range of 13.0 - 13.5 per cen in FY23 (in line with FY22 levels) supported by elevated sugar realizations as well as ethanol realizations

India Cements to sell Springway Mining to JSW Cement; stock slips 6%

India Cements has sold its Madhya Pradesh limestone mine, and land to Sajjan Jindal-owned JSW Cement for Rs 477 crore

Infosys gains nearly 1% as board to consider share buyback on Thursday

The company's board will consider a proposal for buyback of fully paid-up equity shares at its meeting on October 13, 2022 and also announce its September quarter earnings.

Quality education for children is our topmost priority: Delhi CM Kejriwal

Delhi Chief Minister Arvind Kejriwal said education is the topmost priority of his government, as he asserted that if children will get quality education, they will reach great heights in their career

JP Associates up 13% on nod to divest cement biz; zooms 72% from June low

To give thrust to the ongoing efforts of the Company to reduce its debt, the board of directors has decided to divest Company's significant Cement business

TCS bounces 3.5% off lows ahead of September quarter results today

Analysts expect TCS to post a sequential revenue growth of 3-4.6 per cent in constant currency terms, while its net profit may rise in the range of 6-10.7 per cent from the last quarter

Tata Motors dips 5% on lower-than-expected JLR wholesale volumes in Q2

However, Tata Motors said it is witnessing healthy demand for its products with the order book increasing to ~2.05 lakh units vs. ~2 lakh units as of Q1FY23

Shipbuilding stocks rally up to 11%; Mazagon, Garden Reach hit new highs

The defence shipbuilding segment continues to look promising on account of ambitious acquisition plan of Indian Navy and Indian Coast Guard.

HBL Power extends rally on healthy outlook; stock zooms 31% in 4 days

The company's electronics vertical is expected to emerge as the key business and profitability driver over the coming years.

Atul Auto soars 14%; board issues 5 mn warrants to ace investor Vijay Kedia

The board approved issuance of up to 5.81 mn convertible warrants at Rs 198 per share to promoters and non-promoters including ace investor Vijay Kedia