The group has concluded full repayment of margin linked share backed financing well ahead of 31 March 2023.

Adani Group fully prepays share backed promoter financing

Capital Market Automatic

Sudarshan Chemical Industries Ltd notched up volume of 22.08 lakh shares by 14:14 IST on NSE, a 34.5 fold spurt over two-week average daily volume of 64003 shares

Volumes spurt at Sudarshan Chemical Industries Ltd counter

Gujarat Mineral Development Corporation (GMDC) announced that it emerged as the highest bidder for two coal mines in Odisha in the recently concluded commercial coal block auction by the Ministry of Coal, Government of India.

GMDC emerges as highest bidder for two coal mines in Odisha

Automotive Axles jumped 7.46% to Rs 2490, as the stock staged a strong bounce back from the sharp sell-off witnessed in the previous trading session.

Automotive Axles soars on large volumes; up over 27% in three months

Financials stocks were trading in red, with the S&P BSE Financial Services index falling 126.77 points or 1.5% at 8310.46 at 13:46 IST.

Financials shares edge lower

Auto  stocks were trading with losses, with the S&P BSE Auto index decreasing  473.47 points or 1.61% at 28847.48 at 13:46 IST.

Auto  stocks slide

UCO Bank is quoting at Rs 26.05, down 2.25% on the day as on 13:19 IST on the NSE. The stock jumped 12.39% in last one year as compared to a 2.45% rally in NIFTY and a 40.37% spurt in the Nifty Pharma index.

UCO Bank eases for fifth straight session

Indian Overseas Bank is quoting at Rs 24.05, down 2.43% on the day as on 13:19 IST on the NSE. The stock jumped 12.39% in last one year as compared to a 2.45% rally in NIFTY and a 40.37% spurt in the Nifty Pharma index.

Indian Overseas Bank slips for fifth straight session

RBL Bank Ltd is quoting at Rs 149.65, down 3.39% on the day as on 13:19 IST on the NSE. The stock jumped 12.39% in last one year as compared to a 2.45% rally in NIFTY and a 13.83% spurt in the Nifty PSU Bank index.

RBL Bank Ltd down for fifth straight session

Gujarat Mineral Development Corporation (GMDC) today announced that it had emerged as the highest bidder for Two Coal Mines in Odisha in the recently concluded commercial coal block auction by the Ministry of Coal, Government of India. 

Gujarat Mineral Development Corporation successfully bids for two coal mines in Odisha


The domestic equity indices extended their downfall and hit fresh intraday low in afternoon trade. The Nifty currently traded below the 17,250 mark after hitting the day's high of 17,529.90 in early trade. 


Sensex tumbles 691 pts, Nifty loses over 1%; HSBC to acquire SVB's UK unit for 1 euro

Tata Consultancy Services has been named to the Forbes annual list of America's Best Large Employers. This recognition is based on an independent survey of 45,000 employees working for American companies with more than 1,000 employees. 

TCS named in Forbes annual list of America's Best Large Employers

With growth expected to continue for Indian manufacturing sector in Jan-March Q-4 2022-23, there are signs that cost pressure witnessed in the last many months seems to be softening a bit for the sector, notes latest FICCI Manufacturing Survey. FICCI's latest quarterly survey on Manufacturing reveals that after experiencing revival of Indian economy in the FY 2021-22, momentum of growth has continued for the subsequent quarters of FY 2022-23 with some temporary effect of global slowdown on Indian manufacturing. In the Q3 Oct-Dec FY 2022-23, 58% of the respondents reported higher production levels. Growth outlook continues, though lower sequentially. Further, around 50% of the respondents expect a higher level of production in Q4 Jan-Mar 2022-23 with an average increase in production in double digits. This assessment is also reflective in order books as 52% of the respondents in Q-3 Oct-Dec 2022-23 have had higher number of orders and demand conditions continue to be optimistic in Q-4 .

FICCI's manufacturing survey says momentum of growth has continued for domestic economy

Capacite Infraprojects informed that the company has received sanction for non-fund based limits totalling to Rs 150 crore from State Bank of India which is also the consortium leader.

SBI sanctions additional non-fund based limits to Capacite Infraprojects

Finolex Industries announced that it has commenced commercial operations of polyvinyl chloride (PVC) fittings at a new manufacturing facility in Pune, Maharashtra with effect from 12 March 2023.

Finolex Inds commences operations of PVC fittings at new facility in Pune

Asian Hotels (North) Ltd, Vineet Laboratories Ltd, Shree Ganesh Remedies Ltd Partly Paidup and Nahar Polyfilms Ltd are among the other gainers in the BSE's 'B' group today, 13 March 2023.

AYM Syntex Ltd leads gainers in 'B' group


At 12:29 IST, the barometer index, the S&P BSE Sensex, was down 273.99 points or 0.46% to 58,861.14. The Nifty 50 index lost 89.80 points or 0.52% to 17,323.10.


Market at day's low; Nifty slides below 17,350; VIX spurts 6.3%

JSW Steel on Friday (10 March 2023) announced that its wholly owned subsidiary, JSW Steel Coated Products (JSWSCPL), has acquired 31% stake in Ayena Innovations.

JSW Steel arm acquires 31% stake in Ayena Innovations

The Reserve Bank of India (RBI) on 10 March 2023, granted approval for re-appointment of Sumant Kathpalia as managing director and chief executive officer (MD & CEO) of the bank for two years, with effect from 24 March 2023.

IndusInd Bank gets RBI nod for reappointing Sumant Kathpalia as MD & CEO

Tech Mahindra surged 7.91% to Rs 1,145 after the company announced Mohit Joshi, the former president of Infosys, as its managing director (MD) and chief executive officer (CEO) designate for a period of five years, effective from 20 December 2023.

Tech Mahindra spurts on appointment of Mohit Joshi as MD & CEO

Sudarshan Chemical Industries Ltd, TCNS Clothing Co. Ltd, Shipping Corporation of India Ltd and Adani Green Energy Ltd are among the other gainers in the BSE's 'A' group today, 13 March 2023.

Capital Market

Capital Market

Page 33 - Capital Market