News Overview

Power stocks were trading with gains, with the S&P BSE Power index increasing 27.77 points or 0.6% at 4638.77 at 09:45 IST.

Utilties stocks were trading in the positive zone, with the S&P BSE Utilities index rising 24.03 points or 0.63% at 3831.05 at 09:45 IST.

Notably, Foxconn’s plant in Zhengzhou, China is the most important manufacturing unit for iPhones on the planet.

Cressanda Solutions Ltd has lost 6.81% over last one month compared to 5.98% gain in S&P BSE IT Sector index and 2.58% rise in the SENSEX

The Government of India (GoI) has announced the sale (re-issue) of (i) 7.38% Government Security 2027 for a notified amount of Rs 7,000 crore (nominal) through price based auction using uniform price method, (ii) 7.26% Government Security 2032 for a notified amount of Rs 12,000 crore (nominal) through price based auction using uniform price method and (iii) 7.36% Government Security 2052 for a notified amount […]

Life Insurance Corporation of India (LIC) disclosed that it increased its stake in Housing Development Finance Corporation (HDFC) to 5.003% from 4.991% earlier.

Ahluwalia Contracts (India) jumped 4.24% to Rs 457.50 after the company said that it has secured new construction orders worth Rs 174.88 crore.

On NSE, in terms of sectoral indices, the IT index tumbled by 350 points while metal stocks plunged 1%.

The prospects for global growth and commodities demand may improve with the reopening of the Chinese economy

Waaree Renewables Technologies Ltd has added 13.73% over last one month compared to 4.93% fall in S&P BSE Utilities index and 2.37% rise in the SENSEX