News Overview

Capital Goods stocks were trading with gains, with the S&P BSE Capital Goods index increasing 137.75 points or 0.41% at 33464.52 at 09:45 IST.

Industrials stocks were trading in green, with the S&P BSE Industrials index rising 23.27 points or 0.34% at 6805.09 at 09:45 IST.

Basic materials stocks were trading in the positive zone, with the S&P BSE Commodities index rising 34.15 points or 0.62% at 5573.36 at 09:45 IST.

Finvasia Group Opens a New Office in India’s Financial Capital, Mumbai

The company's IPO was 32 times subscribed, with the stock reaching a high of Rs 476 and a low of Rs 440.2 on the NSE

Oil & Natural Gas Corpn Ltd has added 1.48% over last one month compared to 4.51% gain in S&P BSE Oil&Gas index and 3.1% rise in the SENSEX

Axis Bank announced that credit rating agency S&P Global Ratings has upgraded its long-term and short-term issuer credit rating of the Bank to BBB-/A-3 from BB+/B. The outlook on the long-term rating is stable. S&P Global Ratings has also upgraded the long-term issue rating on the Banks senior unsecured notes to BBB- from BB+.Powered by Capital Market – Live News

With effect from 21 November 2022

Except for auto and PSU Banks, all other sectoral indices were under pressure.

JK Paper advanced 2.61% to Rs 431 after the company said that it has entered into share purchase and shareholders agreements (SPSHAs) for the acquisition of 85% shares of Horizon Packs (HPPL) and Securipax Packaging (SPPL).