The company attributed the performance to strong and broad-based growth across markets and channels
Not looking to raise capital immediately for Citi deal: MD-CEO
The initial capacity to be set up would be 265,000 tonnes per annum. In addition, clinker grinding would be set up in India as well
CLOSING BELL: Meanwhile, the rupee will fall further against the US dollar over the rest of the year, a Reuters poll showed. It slipped to a record low of 83.21 today, and ended at 82.75/$
The company is issuing 2.4 billion new shares at Rs 5 apiece; proceeds will be used pare debt, which currently stands at Rs 3,272 crore
CLOSING BELL: HDFC, Nestle India, ITC, RIL, Axis Bank, and Ultratech Cement were the top gainers
CLOSING BELL: The gains were largely led by bank, auto, IT, and FMCG stocks. Their sectoral indices were up over 1 per cent each
Benchmark stock indices Sensex and Nifty closed higher for a second straight session on Monday following buying in index majors Reliance Industries, ICICI Bank and recovery in global markets. The 30-share BSE Sensex jumped 491.01 points or 0.85 per cent to settle at 58,410.98 as 24 of its components advanced. The index opened lower and fell to a low of 57,639.80 in early trade. However, it bounced back in late morning deals and rallied 529.03 points or 0.91 per cent to touch a high of 58,449 points. The broader NSE Nifty climbed 126.10 points or 0.73 per cent to close above the 17,300 level at 17,311.80 with 37 of its constituents ending in the green. "Domestic market started weak in-line with a volatile global market. However, due to buying on dips strategy, the domestic market is recovering well supported by a good start to Q2 earnings season by IT and banks," said Vinod Nair, Head of Research at Geojit Financial Services. Among Sensex shares, State Bank of India, NTPC, Bajaj ...
From active selection and passive ownership to passive selection and active ownership, activist investors adopt a different tone in India
CLOSING BELL: Sectorally, the Nifty PSU Bank index climbed 3.6 per cent, Nifty Bank index 1.6 per cent, Nifty Financial Services and Private Bank indices up to 1.5 per cent
The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory
CLOSING BELL: A sharp pull-back in the US overnight triggered the relief rally in our markets on Friday. Benchmark indices however pared gains in the latter half of the trading day.
Stocks to watch today: Bajaj Auto & Shree Cement will post September quarter (Q2FY23) results on Friday, October 14; Infosys posted 11 per cent YoY rise in consolidated net profit to Rs 6,021 cr in Q2
CLOSING BELL: The NSE Nifty 50 swung wildly in a range of 17,112 to 16,957 as the weekly F&O expiry was in focus. The index finally settled with a loss of 107 points at 17,017 .
Stocks to watch today: Infosys, MindTree will report September quarter (Q2FY23) results on Thursday, October 13; HCL Tech saw 7 per cent YoY rise in consolidated net profit to Rs 3,489 crore in Q2FY23
CLOSING BELL: Power majors - PowerGrid, NTPC along with FMCG and select financial shares were the major gainers in trade among the Sensex 30 on Wednesday.
In the past one month, the stock has outperformed market as shares surged 25 per cent, as against 4.4 per cent decline in the S&P BSE Sensex
With Wednesday's gain, the stock of Venus Pipes has zoomed nearly 100 per cent against its issue price of Rs 326 per share
Stocks to watch today: HCL Technologies, Wipro will report September quarter results (Q2FY23) on Wednesday, October 12; Suzlon Energy bags 144.9 megawatt (MW) order from Aditya Birla Group
The Nifty ended the session at 16,983 points, with a fall of 257 points, or 1.5 per cent