The Benchmark indices ended higher for the third straight session on June 27 with Nifty above 15800 amid buying across the sectors.
At close, the Sensex was up 433.30 points or 0.82% at 53,161.28, and the Nifty was up 132.70 points or 0.85% at 15,832. About 2311 shares have advanced, 1030 shares declined, and 140 shares are unchanged.
ONGC, Coal India, L&T, HCL Technologies and Tech Mahindra were among the top Nifty gainers. The losers were Eicher Motors, Apollo Hospitals, HDFC Life, Reliance Industries and Kotak Mahindra Bank.
All the sectoral indices ended in the green with capital goods, IT indices rose 2 percent each.
The BSE midcap index added 0.8 percent and smallcap index added 1.5 percent.
Indian rupee ended flat at 78.34 per dollar against Friday’s close of 78.34.
Board of Directors of Indian Card Clothing in its meeting held today, has declared special interim dividend of Rs 25 per equity share of face value of Rs 10 each to be paid as Special Interim Dividend for the financial year 2022-23.
The board also approved the proposal of acquiring balance 40% equity stake in Garnett Wire Ltd., UK – foreign subsidiary of the Company, from the Joint Venture Partner – Joseph Sellers & Son Limited.
Waltham Forest Council, based in East London, England, has selected Oracle Fusion Cloud Applications Suite to streamline operations. By using Oracle Fusion Applications for finance, procurement, and HR the Council will be able to improve insights, reduce costs, and enhance its employee experience. The implementation will be delivered by Oracle Partner Network (OPN) member, Evosys, a Mastek company.
Mastek was quoting at Rs 2,109.60, up Rs 65.55, or 3.21 percent.
GE T&D India: ICRA has downgraded the long-term of the fund based and non-fund based facilities of the company to A from A+ with negative outlook, due to decline in company’s financial performance.
GE T&D India was quoting at Rs 98.85, up Rs 0.40, or 0.41 percent on the BSE.
Vedanta is preparing for its biggest ever Rupee-bond sale. The company is looking to secure commitments for its 10 year notes amounting to Rs 4,809 crore. The proceeds will be used to prepay or repay debt and also for capital expenditure.
Bajaj Auto board approves share buyback plans of up to Rs 2,500 crores as it offers to buyback 54,34,782 shares at up to Rs 4,600 per share from the open markets. This represents 9.61 percent 8.71 percent of the aggregate of the total paid-up share capital and free reserves (including securities premium account) of the Company.
CSB Bank in its BSE filing said the board has appointed Bhama Krishnamurthy as the part-time chairperson of the bank. This appointment is subject to the approval of Reserve Bank of India.
CSB Bank was quoting at Rs 195.30, up Rs 3.10, or 1.61 percent on the BSE.