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Market Live Updates: Sensex around 60,000, Nifty near 17,900; HDFC Bank, Adani Ports, SBI top contributors – Moneycontrol

September 09, 2022 / 11:51 AM IST

September 09, 2022 / 11:43 AM IST

Anand James – Chief Market Strategist at Geojit Financial Services:

Wayward VIX had refrained us from committing to a directional move even though the 18600 trajectory has been maturing for a while now. This has been the reason for riding the recent moves pivot to pivot rather than embarking on an expansive move. From this perspective, we will go in today, with a downside marker pushed higher to17750, aiming for 17975. While we are biased towards extending upside, we are equally mindful of a sharp long liquidation, should Nifty slip beyond 17700 again.

September 09, 2022 / 11:36 AM IST

September 09, 2022 / 11:22 AM IST

FMCG stocks rally. HUL among top Nifty gainers 

September 09, 2022 / 11:05 AM IST

Lupin launches generic Suprep Bowel Prep kit in the US. It is used to clean out the intestines before colonoscopy

Lupin launches generic Suprep Bowel Prep kit in the US. It is used to clean out the intestines before colonoscopy

September 09, 2022 / 11:00 AM IST

Nazara Tech up 7 percentRakesh Jhunjhunwala-backed Nazara Tech surges in trade as Google allows a limited launch of daily fantasy sports and rummy apps on its Play store 

Nazara Tech up 7 percent     Rakesh Jhunjhunwala-backed Nazara Tech surges in trade as Google allows a limited launch of daily fantasy sports and rummy apps on its Play store 

September 09, 2022 / 10:48 AM IST

On World EV Day, Tata Motors announces expansion of its portfolio to make electric vehicles more accessible in India​In a press release, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility said: We are committed to launch 10 EVs in different product segments, body styles and affordability levels. Today, is a momentous occasion for us, as we announce the expansion of our EV portfolio further with a new mainstream intervention from the stable of Tata Motors, the Tiago EV. As a leader, we are now pioneering the next phase of the EV market expansion, which will bring all the EV benefits of an exciting yet easy drive, silent cabin, low cost of ownership to a more accessible level.

On World EV Day, Tata Motors announces expansion of its portfolio to make electric vehicles more accessible in India     ​In a press release, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility said: We are committed to launch 10 EVs in different product segments, body styles and affordability levels. Today, is a momentous occasion for us, as we announce the expansion of our EV portfolio further with a new mainstream intervention from the stable of Tata Motors, the Tiago EV. As a leader, we are now pioneering the next phase of the EV market expansion, which will bring all the EV benefits of an exciting yet easy drive, silent cabin, low cost of ownership to a more accessible level.

September 09, 2022 / 10:45 AM IST

Ideas for profit | Speciality Restaurants: QSR & hospitality sectors revive; time to buy the stock?

Ideas for profit | Speciality Restaurants: QSR & hospitality sectors revive; time to buy the stock?

In Moneycontrol Pro’s Discovery Series, we look at companies that are promising but were not under our active coverage so far. And Speciality Restaurants is one such name. With cost control measures,…

September 09, 2022 / 10:42 AM IST

Zomato up 1.5 percent Morgan Stanley has an Overweight rating on the stock with a target at Rs 80 per share while Credit Suisse has an Outperform call with target of Rs 90 per share. The company can turn EBITDA breakeven as guided, but likely at lower volumes, believes Credit Suisse

Zomato up 1.5 percent      Morgan Stanley has an Overweight rating on the stock with a target at Rs 80 per share while Credit Suisse has an Outperform call with target of Rs 90 per share. The company can turn EBITDA breakeven as guided, but likely at lower volumes, believes Credit Suisse

September 09, 2022 / 10:38 AM IST

Yes Bank’s Swiss Challenge for Rs 48,000 cr NPA portfolio ends According to sources, there was no counter offer to JC Flowers’ Rs 11,183 cr bid. Cerebrus-Arcil did not submit any offer

Yes Bank's Swiss Challenge for Rs 48,000 cr NPA portfolio ends      According to sources, there was no counter offer to JC Flowers' Rs 11,183 cr bid. Cerebrus-Arcil did not submit any offer

September 09, 2022 / 10:35 AM IST

Nifty Bank gains 450 points, trading above 40,500. Take a look at the top gainers

Nifty Bank gains 450 points, trading above 40,500. Take a look at the top gainers

September 09, 2022 / 10:31 AM IST

Samvardhana Motherson International Limited (SAMIL) has inked a pact to acquire the frame manufacturing and assembly operation assets of Daimler India Commercial Vehicles; stock up a percent

Samvardhana Motherson International Limited (SAMIL) has inked a pact to acquire the frame manufacturing and assembly operation assets of Daimler India Commercial Vehicles; stock up a percent