Artificial Intelligence can drive economic growth in India, help imrpove governance

Capital Market Automatic

IDFC First Bank has announced that the Reserve Bank of India (RBI) has granted approval for the re-appointment of V. Vaidyanathan as the managing director and chief executive officer (MD & CEO) of the bank.

IDFC First Bank re-appoints V. Vaidyanathan as MD & CEO

Financial Action Task Force lauds India's efforts to implement measures to tackle illicit finance

Decisions taken by Shipping and Railways Ministries set to bring down shipping costs

Minda Corporation Ltd, Cochin Shipyard Ltd, Anant Raj Ltd and Garden Reach Shipbuilders & Engineers Ltd are among the other gainers in the BSE's 'A' group today, 20 September 2024.

ITD Cementation India Ltd leads gainers in 'A' group


At 11:30 IST, the barometer index, the S&P BSE Sensex, climbed 967.25 points or 1.17% to 84,151.28. The Nifty 50 index advanced 278.65 points or 1.10% to 25,701.35.


Sensex, Nifty hit new life highs; auto shares in demand

Balkrishna Industries said that it has completed the capex for 30,000 MTPA of high value of advanced carbon material and commissioned the plant.

Balkrishna Inds commissions advanced carbon material manufacturing facility

The Phoenix Mills (PML) has announced that its wholly owned subsidiary, Casper Realty, has been declared the highest bidder for two prime city-centric plots in Mohali, Punjab.

The Phoenix Mills arm declares highest bidder for prime plots in Punjab


Long term bank facilities (Rs 300 crore) - CARE AA-; Stable (upgraded)

Long term / short term bank facilities (Rs3,700 crore) - CARE AA+; Stable/ CARE A1+ (long term rating upgraded, short term rating reaffirmed)


Ashok Leyland receives ratings action from CARE Ratings

Shalby rallied 3.08% to Rs 282.55 after the company announced that it has received a license to operate a Bone Bank at Krishna Shalby Hospital.

Shalby gains on receiving license for Bone Bank from Govt of Gujarat

Ramkrishna Forgings Ltd saw volume of 9.33 lakh shares by 10:48 IST on BSE, a 57.13 fold spurt over two-week average daily volume of 16338 shares

Volumes jump at Ramkrishna Forgings Ltd counter


At 10:30 ST, the barometer index, the S&P BSE Sensex, advanced 542.76 points or 0.66% to 83,733.43. The Nifty 50 index added 167.90 points or 0.66% to 25,586.60.


Sensex spurts 542 pts; Nifty Bank hits record high; metal shares shine

Abbott India said that it has signed a non-exclusive patent license agreement with Takeda Pharmaceuticals Company to commercialize Vonoprazan, a novel molecule in the gastrointestinal therapy area, under the brand name Vonefi.

Abbott India joins hand with Takeda Pharma to launch Vonoprazan tablets in India

Board of Rhetan TMT decides to explore opportunities for strategic acquisitions

Board of Rhetan TMT approves 2 MW solar power project for captive consumption

NTPC informed that its board has accorded investment approvals for Darlipali Project at appraised estimated cost of Rs 11,130.98 crore and for Sipat Project at appraised estimated cost of Rs 9,790.87 crore.

NTPC board OKs investment of Rs 20,922 cr in two projects

Basic materials  stocks were trading with gains, with the BSE Commodities index increasing 47.74 points or 0.62% at 7701.84 at 09:47 IST.

Basic materials  stocks rise

Real Estate stocks were trading in the positive zone, with the BSE Realty index rising 114.91 points or 1.38% at 8462.93 at 09:47 IST.

Real Estate shares gain

Metal stocks were trading with gains, with the BSE Metal index increasing 449.53 points or 1.43% at 31851.44 at 09:47 IST.

Metal stocks rise


US equities rallied on Thursday after the Federal Reserves 50 basis point rate cut. The major averages pulled back off their best levels late in the trading session but remained firmly positive. The Dow jumped 522.09 points or 1.3 percent to 42,025.19, the Nasdaq soared 440.68 points or 2.5 percent to 18,013.96 and the S&P 500 surged 95.38 points or 1.7 percent to 5,713.64.


US stocks firmly positive; S&P 500, Dow at Record High

Interarch Building Products has secured new orders worth Rs 633.5 crore in this financial year. During the first quarter, the company secured new orders of Rs 341 crore and for Q2 FY25 till 14 September 2024, the company has secured orders of Rs 293 crore. The company's order book as on 14 September 2024, stood at Rs 1,350 crore.

Interarch Building Products wins orders worth Rs 634 cr so far in FY25

Get the latest Capital Market News from India and across the World. Stay updated on Capital Markets with real-time data, charts and analysis on Business Standard.