Business Standard

Sensex ends 75pts up after choppy day, Nifty tops 17,750; ITC extends rally

CLOSING BELL: Among buzzing stocks, shares of RVNL were locked at 20 per cent upper circuit, RITES zoomed 9 per cent, and Texmaco Rail 7 per cent

Image SI Reporter New Delhi
Sensex ends 75pts up after choppy day, Nifty tops 17,750; ITC extends rally

Stock market highlights: Picking pace during the second half the session, the benchmark S&P BSE Sensex closed 75 points, or 0.12 per cent, higher at 60,131 on Tuesday. The Nifty50, too, settled at 17,764, up 20 points. It had surpassed the 17,800-mark in intra-day trade.

This was the benchmarks' fourth consecutive day of gains.  

Bajaj twins, IndusInd Bank, SBI, Bharti Airtel, ICICI Bank, Reliance Industries, L&T, and ITC were the top gainers in the large-cap space today. Among these, ITC extended rally and surpassed Infosys to become sixth most valued firm in m-cap today.

In the broader markets, BSE SmallCap index outran the MidCap counterpart as it shut shop 0.21 per cent higher.  

Among sectors, most indices settled in the positive zone with the Nifty PSU Bank index advancing 1.3 per cent, and the Nifty Metal index 0.65 per cent.  

Mankind Pharma IPO
The offer was off to a slow with with just 8 per cent subscription till 3:30 PM on day one of the offer. Retail investors, so far, have been the front-runners. 
4:34 PM

Indian markets likely to remain range-bound in the near term: Analysts

Rising interest rates, firm crude oil prices and geopolitical concerns, they believe, will keep the sentiment back home in check. READ MORE

Photo: Shutterstock
Photo: Shutterstock

4:28 PM

COMMENT:: Investors nervous ahead of key US data

The domestic market succeeded in holding the gains, though multiple attempts were made by bears to reverse the trend considering the weak global market. Investors are highly nervous as they await the release of US GDP and PCE inflation data, which will guide the upcoming Fed action. The Fed is expected to raise their rates by another 25bps in its announcement on 3rd May.
- Vinod Nair, Head of Research at Geojit Financial Services
4:27 PM

Maruti Suzuki Q4 preview: Price hikes to lift revenue, margin, say analysts

According to brokerages, Ebitda (earnings before interest, tax, depreciation, and amortisation), is expected to outpace top-line growth, rising up to 22.4 per cent QoQ to Rs 3,466 crore in Q4FY23. READ MORE

Maruti Suzuki Alto K10
4:22 PM

Ipca Labs slumps 10%, hits 52-week low on plan to buy 33.4% stake in Unichem Lab

Brokerages believe the acquisition is expensive, given increased competition in the US generics oral solids space, rising regulatory risks and strong efforts needed to turnaround Unichem Labs. READ MORE


4:20 PM

Stock of this speciality chemical nearly doubled in less than 3 months

Shares of Anupam Rasayan hit an all-time high of Rs 1,131 in intra-day trades today, and have zoomed 98% from level of Rs 570 on February 3, 2023. READ MORE


4:18 PM

Crompton Greaves CE plunged 12%; hits 52-week low as CEO Mathew Job resigns

Going forward, any material changes in growth outlook and improvement in margin guidance by the new management will be key monitorables for the company, ICICI Securities said in a note. READ MORE


4:16 PM

Nykaa slips 2%, hits new low on heavy volumes; down for 5th straight day

Average trading volumes on the counter nearly doubled with a combined around 12 million equity shares having changed hands on the NSE and BSE. READ MORE


4:12 PM

Rail Vikas Nigam zooms 17% after 12% equity changed hands on the NSE

Over 250 million equity shares representing 12 per cent of total equity of RVNL had changed hands on the NSE, the exchange data shows. READ MORE


4:09 PM

Nifty PSU Bank index jumps 1.3%; Bank of Baroda, Central Bank, Canara Bank lead


4:07 PM

BSE Smallcap Heatmap:: RVNL, DB Realty, Lloyd Steel shine among smallcaps


3:50 PM

BSE Midcap Heatmap:: IRFC, SJVN shine; Crompton Greaves, IPCA Labs whine


3:46 PM

Smallcaps outperform; India VIX dips 1.3%


3:44 PM

Nifty 50 Losers:: HDFC Life tanks 3.4%; UPL, HDFC duo slip


3:42 PM

Nifty 50 Gainers:: Adani Enterprises, Britannia, Bajaj twins rally around 2%


3:39 PM

Sensex 30 Heatmap:: 18 Gainers v/s 12 Losers


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First Published: Apr 25 2023 | 7:54 AM IST

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