Sensex, Nifty Snap 4-Day Losing Streak Aided By Metals, Realty, Pharma Stocks
India’s equity benchmarks closed higher, aided by gains in metals, realty, power, banking and pharma stocks, as they snapped a four-day losing streak. Focus now shifts to the OPEC+ meeting due later today with the issue of supply policy topping the agenda.
The S&P BSE Sensex Index added 0.91% to 59,299.32 while the NSE Nifty 50 Index advanced by similar magnitude to 17,691.25.
The broader indices outperformed their larger peers with the S&P BSE MidCap rising 1.5% and S&P BSE SmallCap gaining over 1.7%. Barring S&P BSE Consumer Durables index, all the other 18 sectoral indexes compiled by BSE Ltd. advanced, with the S&P BSE Metal index rising over 2.6%. The S&P BSE Power, Realty and Basic Materials Indexes also added over 2%.
The market breadth was skewed in favour of bulls. About 2,332 stocks advanced, 1,016 declined and 193 remained unchanged.
Adani Group To Invest Over $20 Billion In Renewable Energy Generation
Aim to invest over $20 billion in renewable energy creation.
Total organic and inorganic green investments at $50 billion-$70 billion
- Gautam Adani at an event
Invesco vs Zee Entertainment: NCLT Mumbai Starts Hearing Arguments
Zee Entertainment Enterprises Ltd. informs NCLT that it will oppose Invesco’s application. Senior Advocate Navroz Seervai objects to Invesco’s application on grounds of jurisdiction and maintainability.
Zee’s board on Saturday rejected Invesco’s requisition to call an EGM.
Invesco says our apprehension has been proven correct.
There is no discretion in the board to call or not to call the EGM: Senior Advocate Mukul Rohatgi says on behalf of Invesco.
Section 100 read with section 98, Companies Act 2013 does not require any formality to be carried out. The board is bound to call the meeting. Only the 10% shareholding threshold needs to be met: Invesco.
Request NCLT to make a mandatory order directing an EGM: Invesco.
NTPC Denies Report Of Company Planning IPOs Of Three Units To Raise $2 Billion
NTPC Ltd. has denied the news report titled ‘NTPC planning IPOs of 3 units to raise $2 billion’, dated October 3, 2021, and appeared in the Economic Times. In an exchange filing that company said no such negotiations took place.
All Constituents Of S&P BSE Metal Index Advance
Adani Ports September Cargo Volume Up 24% YoY
Oil Reverses Decline Ahead Of OPEC+ Meeting
Broader Indices Mirror Their Larger Peers
S&P BSE Power Index Advances Nearly 2%
Century Ply On Track For Longest Winning Streak Since March 2019
Generic Engineering Jumps 20% On Bagging Multiple Orders Worth Rs 180.38 Crore
Natco Pharma Gains After Marketing Partner Breckenridge Pharma Launched Everolimus Tablets (Afinitor) In The U.S. Markets
All Constituents Of NSE Nifty IT Index Advance
Karur Vysya Bank Shares Rise On Strong September Quarter Business Update
HUL To Report Q2 Earnings On October 19
Max Healthcare To Set Up 1000+ Hospital Beds In Gurugram
NCC Secures Two New Orders Worth Rs 444 Crore; Shares Rise
Tata Communications Expands Strategic Partnership With Cisco Systems
Mid-Day Market Update: Sensex, Nifty Edge Higher; Reliance Leads Advance
Piramal Enterprises Shares Up The Most In 2 Months
Man Infra Gains As Board Approves Interim Dividend For FY2021-2022; RSI Above 70
Cummins India Declines On Concerns Over Draft Bill To Cut Diesel Genset Use
NSE Nifty Bank Index Advances Nearly 1%
Supreme Court Asks Tribunal To Decide Videocon Sale In 2 Months
S&P BSE Realty Index Up Over 2%
Rupee Weakens On Record Merchandise Trade Deficit
API Suppliers In Focus; Divi's Labs, Laurus Labs Advance
Steel Strips Wheels Advances 5% As Board Approves Sub-division Of Shares
India Yield Curve Steady, Stocks Up
Adani Green Energy Acquires SB Energy Holdings
Mindtree To Approve September Quarter Earnings & Interim Dividend, If Any, On October 13
NTPC Is Said To Plan IPOs Of Three Units Including Renewables Business; Shares Advance
RBI Prepares To File For Insolvency Proceedings Against SREI Infrastructure Finance & SREI Equipment Finance: BQ EXCLUSIVE
Quick Heal Tech Introduces New Version Of Cybersecurity Products With Focus On Privacy; Shares Advance
Biocon Gains On Launch Of Generic Version Of Afinitor In The U.S. Market
RIL Incorporates Subsidiary In Abu Dhabi & UAE Markets, Plans To Trade Crude Oil, Petroleum Products
All The Constituents Of NSE Nifty PSU Bank Advance
High Energy Prices May Hit India Demand: Essar's CEO Santosh Chandra
NSE Nifty Pharma Index Up Nearly 2%
KPIT Tech To Invest In Software-Defined Vehicle Solutions
Federal Bank Jumps On Strong September Business Update
Divi’s Laboratories Shares Gain The Most In Over Five Months
Avenue Supermarts Jumps Over 5% After Reporting Revenue Growth In Q2 Business Update
Opening Bell: Sensex, Nifty Open Higher; Avenue Supermarts Up 5%
Adani Green Energy Closes India’s Largest Renewables M&A Deal For Rs 26,000 Crore
Rupee Traders To Assess Jump In Imports
In Focus: Power Stocks On Asset Monetisation, Renewables Push
Vaccine Stocks In Focus As Merck's Drug Slashes Risk From Covid-19
Vedanta To Spend $20 Billion In India Privatization Plan: Times Of India Report
Biocon Launches Generic Version Of Afinitor In The U.S.
Cipla Signs Pact To Sell Two Eli Lilly Diabetis Drugs In India
SGX Nifty Hints At Gains; Hero Moto, Tata Motors In Focus
- Adani Green Energy Acquires SB Energy Holdings
- NTPC Is Said To Plan IPOs Of Three Units Including Renewables Business; Shares Advance
- RBI Prepares To File For Insolvency Proceedings Against SREI Infrastructure Finance & SREI Equipment Finance: BQ EXCLUSIVE
- RIL Incorporates Subsidiary In Abu Dhabi & UAE Markets, Plans To Trade Crude Oil, Petroleum Products
- Divi’s Laboratories Shares Gain The Most In Over Five Months