Metal stocks were trading with gains, with the S&P BSE Metal index increasing 230.09 points or 1.19% at 19610.64 at 09:46 IST.

Metal stocks rise

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The domestic equity barometers were trading with strong gains in early trade, tracking positive global cues. The Nifty traded above the 17,150 mark. All the sectoral indices on the NSE were in the green with metal, PSU bank and media stocks gaining the most.


Sensex, Nifty spurt in early trade amid positive global cues

KPIT Technologies rose 1% to Rs 785 after the company announced its partnership with Honda to realize the journey of Honda's Software-Defined Mobility (SDM).

KPIT Tech gains after partnership with Honda

To set up joint venture in India for manufacturing electro-optic systems for various applications

Paras Defence signs MoU with CONTROP, Israel

PNC Infratech advanced 2.16% to Rs 290.80 after the company said that it has been declared as the lowest (L1) bidder for a highway project from National Highways Authority of India (NHAI) for bid project cost of Rs 1,260 crore.

PNC Infra rises on emerging as L-1 bidder for Rs 1,260-cr project

Ramkrishna Forgings jumped 5.31% to Rs 279.55 after the company's consortium with Titagarh Wagons emerged as the lowest (L-1) bidder for supply of forged wheels to the Ministry of Railways, Government of India.

RK Forge soars after consortium emerges as L-1 bidder for Railways Ministry contract

Nucleus Software Exports Ltd has added 41.13% over last one month compared to 4.16% fall in S&P BSE IT Sector index and 3.26% drop in the SENSEX

Nucleus Software Exports Ltd Spikes 3.57%, S&P BSE IT Sector index Rises 1.3%

Cipla and its wholly owned subsidiaries, Cipla (EU), UK, and Meditab Holdings, Mauritius, have entered into a share purchase agreement with Africa Capitalworks SSA 3 for sale of 51.18% stake held in Cipla Quality Chemical Industries (CQCIL), Uganda.

Cipla to divest 51.18% stake in Uganda-based subsidiary

RailTel Corporation of India rallied 4.14% to Rs 109.45 after the company received work order from Centre for Development of Advanced Computing (C-DAC) amounting to Rs 287.57 crore.

RailTel Corp jumps on bagging Rs 287-cr order from C-DAC

For manufacturing and supply of 15.40 lakh forged wheels over 20 year period

Ramkrishna Forgings and Titagarh Wagons consortium win Indian Railways tender

KPIT Technologies to support Honda for its software-defined mobility transformation


Also fueling hopes for a less aggressive Fed was the collapse of Silicon Valley Bank over the weekend, which has rippled through bank stocks on fears of a wider contagion. Regulators have stepped in to backstop depositors of SVB and Signature Bank, which also shut down. 


US Stocks rebound on bargain hunting

Around 82.21 BU of electricity generated from solar power this fiscal


Cipla: The company and its wholly owned subsidiaries, Cipla (EU), UK and Meditab Holdings, Mauritius, have entered into a Share Purchase Agreement with Africa Capitalworks SSA 3 for sale of 51.18% stake held in Cipla Quality Chemical Industries (CQCIL), Uganda. Subsequent to the sale, CQCIL will cease to be a subsidiary of the company. 


Cipla, TVS Motor,  RailTel Corporation in focus

Market may open higher on firm global stocks

Pine Wood Commercial standalone net profit declines 40.00% in the December 2022 quarter

Bangalore Metro Rail Corporation reports standalone net loss of Rs 33.76 crore in the December 2022 quarter

The company said it secured a contract worth Rs 500 crore for construction of Government Medical College and Hospital at Karaikal in Puducherry.

NBCC (India) bags Rs 500-cr order in Puducherry

Board of Apollo Pipes approves change in directorate

Board of Apollo Pipes approves allotment of warrants for Rs 259.60 cr


HCC's entry into building a high-speed bullet train station represents a significant opportunity for the company to expand its portfolio and establish a foothold in the high-speed rail construction industry. This new project allows HCC to leverage its expertise in constructing 
large-scale infrastructure projects and apply it to a cutting-edge transportation system. 


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