Stock Market LIVE Updates: Bombay HC vacation bench refuses to intervene in Kochhars' arrest matter

The 30-share BSE index rallied 721.13 points or 1.20 per cent to settle at 60,566.42 as 25 of its constituents ended in the green. During the day, it jumped 988.49 points or 1.65 per cent to 60,833.78.

Equity benchmarks began the trade on a positive note on Tuesday following firm trends in other Asian markets but later gave up all initial gains and were trading lower amid profit-taking.

Extending its previous day rally, the 30-share BSE Sensex had jumped 404.21 points to 60,970.63 in initial trade. On similar lines, the broader NSE Nifty climbed 119.45 points to 18,134.05.

However, later the 30-share BSE benchmark pared all early gains and quoted 74.9 points lower at 60,491.52, while the Nifty traded 15.10 points down at 17,999.50.

From the Sensex pack, Tata Motors, Tata Steel, Power Grid, Titan, Asian Paints, Kotak Mahindra Bank, UltraTech Cement and Bajaj Finance were the major winners.

Bajaj Finserv, ITC, Tata Consultancy Services, Tech Mahindra, IndusInd Bank and Bharti Airtel were the laggards.

27 December 2022

13:36 IST

Aurobindo Pharma JV company gets SEC nod for pneumococcal 15 valent jab

Aurobindo Pharma Ltd said its joint venture firm, Tergene Biotech, has received recommendation from subject expert committee of the Central Drugs Standard Control Organisation (CDSCO) for pneumococcal 15-valent (PCV15) vaccine.

The subject expert committee (SEC) at its meeting held on December 21, 2022, has recommended grant of permission to Tergene to manufacture and market 15-valent Pneumococcal Polysaccharide conjugate vaccine with three dose schedule for administration into the pediatric age group of 6, 10 and 14 weeks, Aurobindo Pharma said in a regulatory filing.

13:23 IST

Stock market live: ICICI Bank announces allotment of 36,419 equity shares under ESOS

"This is to inform you that ICICI Bank has allotted 36,419 equity shares of face value of 2 each on December 27, 2022 under the Employee Stock Option Scheme (ESOS)," ICICI Bank said in a BSE filing. 

13:09 IST

Bombay HC vacation bench refuses to intervene in Kochhars' arrest matter

Bombay HC vacation bench refused to intervene in the matter of arrest of Former MD & CEO of ICICI bank Chanda Kochhar & Deepak Kochhar & has asked them to approach regular bench when court re-opens after vacation 

They approached HC challenging their arrest by CBI in a loan case

11:42 IST

Sensex, Nifty live updates: 1% surge in BSE Small cap index

Check top gainers & losers from BSE Small cap index pack

10:13 IST

Stock market live update: Brent crude futures advances

Brent crude futures, the global oil benchmark, advanced 0.45 per cent to USD 84.30 per barrel.

10:13 IST

Stock market live update: Dollar index fell

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19 per cent to 104.11.

10:12 IST

Stock market live update: Rupee falls 9 paise

The rupee declined 9 paise to 82.74 against the US dollar in early trade on Tuesday as rising crude prices weighed on investor sentiment. Besides, foreign fund outflows put pressure on the domestic unit, forex dealers said.

At the interbank foreign exchange, the domestic unit opened weak at 82.71 against the dollar, then slipped further to 82.74, registering a fall of 9 paise over its previous close. In the previous session on Monday, the rupee appreciated 17 paise to close at 82.65 against the US dollar.

09:57 IST

Stock market live update: Markets open in green

Sensex advances 404.21 points to 60,970.63 in early trade. Nifty climbs 119.45 points to 18,134.05

08:37 IST

Sensex, Nifty live updates: SGX Nifty higher

SGX Nifty future was trading higher signalling positive pre-opening in Indian stock markets

08:34 IST

Stock market live updates: Tokyo shares open higher 

Tokyo shares opened higher with Nikkei 225 index rising 0.62 percent. Topix index climbed 0.60 percent

08:34 IST

After China announced it would remove its quarantine requirements for incoming tourists, significantly easing three-year border controls intended to stop COVID-19, Asian markets rose and the US currency declined on Tuesday.