Business News Live On Dec 26: Sensex Rises 400 Points, Nifty Crosses 17.9K

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On Monday, at 9:35am IST, BSE Sensex was trading 417.72 points up at 60,263.01 and NSE Nifty was trading 122.35 points up at 17,929.15

Business News Live On Dec 26: Sensex Rises 400 Points, Nifty Crosses 17.9K
Business News Live On December 26

Mumbai: Indian stock markets have opened in green today giving hopes of a post-Christmas Santa run on the Dalal Street. While HDFC Bank, M&M, Tata Steel, Tata Motors are among the top gainers in BSE Sensex, Hindalco, M&M, Adani Enterprises, Tata Steel are the top gainers in NSE Nifty.

On Monday, at 9:35am IST, BSE Sensex was trading 417.72 points up at 60,263.01 and NSE Nifty was trading 122.35 points up at 17,929.15

STOCKS TO WATCH ON DECEMBER 26

Tata Motors: TML CV Mobility Solutions, a subsidiary of Tata Motors, has signed a contract with the Delhi Transport Corporation (DTC) for the operation of 1,500 electric buses in New Delhi. TML will supply, operate, and maintain 1,500 12-metre, low-floor, air-conditioned electric buses for a period of 12 years.

Shriram Finance: The NBFC has announced an interim dividend of 150 per cent, or Rs 15 per equity share with a face value of Rs 10 each, fully paid up for the financial year 2022-23. According to the regulatory filing, 4 January 2023 has been fixed as the record date, for the purpose of payment of interim dividend. The interim dividend payout will be made to eligible shareholders on or after Wednesday, 18 January 2023.

Siemens India: The Indian Railways has awarded a contract worth Rs 26,000 crore to Siemens India for manufacturing 1,200 locomotives. The 9,000 horsepower electric engines for hauling freight trains will be supplied over an eleven year period, said the railway ministry.

Suven Pharma: Advent International is expected to sign a binding agreement to buy Suven Pharmaceuticals, a Hyderabad-based listed contract research and manufacturing services company, ET reported quoting sources.

Adani Ports: Adani Harbour Services Limited(“TAHSL”), Wholly Owned Subsidiary (WOS) of the Company has incorporated a WOS namely “The Adani Harbour International DMCC” on December 22, 2022.




Published Date: December 26, 2022 7:52 AM IST



Updated Date: December 26, 2022 9:40 AM IST



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