Indian indices ended on a positive note. Sensex jumped 126.41 points and nifty ended above 18,200. On the Bombay Stock Exchange (BSE), 2032 stocks advanced, 1491 declined and 142 remained unchanged with advance decline ratio of 1.36, indicating a positive closing of stocks in broader markets.
The trend of the major indices on Wednesday’s trading is given in the table below:
On NSE, 64 securities advanced and closed at new 52 week high whereas 16 securities sank to close at their new 52-week lows.
In sectoral indices, Nifty IT, Nifty PSU and Nifty Pharma were among the biggest gainers. Nifty Media, Nifty Metal and Nifty Auto were among the biggest losers.
Rupee ended at 82.88/$ against Monday’s close of 82.74/$.
The Oil Ministry has demanded compensation from the finance ministry for the losses in the range of Rs50,000 to Rs55,000 crore state owned fuel retailers incurred in the past eight months for holding the petrol & diesel prices despite spike in cost of raw material. The Indian Government has provided Rs22000 crore compensation to losses faced by Oil Marketing Companies on LPG subsidy.
According to data released by RBI, as of November 18 outstanding loans to the services sector amounted to Rs33.15 trillion while those to industry stood at Rs32.94 trillion. Credit to the service sector had exceeded the amount of loans from banks to the industrial sector due to higher credit offtake by non-banking finance companies (NBFCs).
According to the data released by VAHAN, the country's electric two-wheeler registrations increased by 300% from only 1,53,523 units to 6,24,192 units in calendar year 2022.
Adani Group had decided to pay additional price for NDTV shares bought under open offer as transfer price for shares bought from the promoter Roys was higher than open offer price.
Sakar Healthcare has started Liquid & Lyophilised injection unit with a new tie-up for manufacturing five key molecules in oncology segment. Granules India entered into a strategic partnership with Greenko ZeroC to collaborate for green molecule solutions and its wider applications in pharmaceuticals.
Dabur India has completed the acquisition of 51% stake in Badshah Masala paving the way for FMCG major to enter the branded spices and seasoning market. SBI Board has approved raising Infra Bonds up to Rs10,000 crore. UCO Bank to raise Tier I Capital aggregating up to Rs1000 crore. Bharat Forge's arm to acquire SEZ unit of Indo Shell Mould.
Borosil Limited had earlier announced about commencement of commercial production of additional capacity of 42 TPD for Opal Ware Glass at Company's Jaipur plant.
Zee Entertainment's operational creditors have filed Rs211 crore insolvency case against company.
Dilip Buildcon has received a large order worth Rs36,800 crore. L&T has received major contracts valued up to Rs7000 crore. Likhitha Infrastructure has received orders worth Rs120 Crores from various Oil and Gas Distribution Companies. HFCL has bagged orders worth Rs95.38 crore for supply of optical fibre cables. PSP Projects emerged as L1 bidder for government project worth Rs 1,364.5 crore in Gujarat. Railtel has received order worth Rs186.19 crore from south Eastern Coalfileds (SECL) for 5 years.
In large trades, Yes Bank 0.1% equity changed hands at Rs22.00 per share. MTAR technologies 0.5% equity changed hands at Rs1633.00 per share.
Star Cement promoters sold net 40,000 shares through open market. Banswara Syntex promoters sold net 8,700 shares through open market. Star Cement immediate relative of promoter bought net 82,017 shares through open market.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
