Sensex, Nifty end flat after choppy day; financials fall, Godrej Prop up 9%

CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index

3:52 PM

Buzzing stock :: All 10 Adani stocks end in green after group issues clarification on offshore funding

Adani Group said that the transactions that have been inquired about in the report have been publicly disclosed.

 

"In fact, as publicly disclosed on January 18, 2021, and January 23, 2021, the Adani Group's promoters raised $2 bn through the sale of a 20 per cent stake in Adani Green Energy Ltd (AGEL) to TotalEnergies of France (then Total Renewables SAS), a fact the Financial Times contemporaneously reported but chose to ignore completely in the 22 March 2023 story," the company said.

 

3:48 PM

Buzzing stock :: Tata Motors hits 6-month high in intra-day trade

Tata Motors' wholesales of 107,386 units at JLR for Q4FY23, comes as a positive development as, during the last call, the company had guided for wholesales at over 80,000 units

3:46 PM

Buzzing stock :: Godrej Properties leaps 9% on best-ever quarterly sales in Q4

Godrej Properties soared 9 per cent after the company reported highest-ever quarterly and annual sales. The company reported total bookings of Rs 4,051 crore in January-March quarter (Q4 FY23). In entire FY23, booking value grew by 56 per cent year-on-year (YoY) to Rs 12,232 crore.

 

3:43 PM

Broader markets :: Sea of green even as frontline indices end flat; Midcaps lead

3:41 PM

Nifty 50 Losers:: Bajaj Finance, HUL, Tata Consumer, Asian Paints slip over 1%

3:40 PM

Nifty 50 Gainers:: Tata Motors soars 5%; ONGC, Adani Enterprises also shine

3:38 PM

Sectoral check :: Realty index outshine for second day

3:36 PM

Sensex Heatmap :: Financials, FMCG, RIL cap gains on the index

3:34 PM

CLOSING BELL:: NSE Nifty50 settles 25 pts higher at 17,624

3:33 PM

CLOSING BELL:: S&P BSE Sensex edges 14 pts up, ends at 59,847

3:29 PM

United Breweries hits 52-week low; dips 17% in 3 months on margin concerns

In the October-December quarter (Q3FY23), UBL's Ebitda (earnings before interest, taxes, depreciation, and amortization) was at 4.5 per cent, dragged down by steep rise in material costs, the impact of weak state mix, route to market change in Tamil Nadu (TN), and the impact of a change in excise policy in Delhi. READ MORE

3:21 PM

ALERT :: Zydus Lifesciences receives final approval from US FDA for Azithromycin tablets

3:09 PM

Global Check:: UK stock futures rally up to 1%; US flat

Source: Investing.com

2:56 PM

Adani Green, Adani Enterprises shares jump after group issues clarification

The share price of Adani Green Energy and Adani Enterprises jumped after the group issued a clarification on an earlier report by the Financial Times (FT). The FT report stated that half of all the foreign direct investment (FDI) into the conglomerate came from offshore entities linked to Gautam Adani's family.  READ MORE

2:44 PM

Market Check:: Realty index up over 3.5%; Godrej Properties, DLF lead