Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
The 30-share BSE index reclaimed the 30,000-mark to trade at a new record high of 30,071.61 by surging 128.37 points, or 0.42 per cent. This surpassed the previous record high of 30,024.74 (intra-day) that the Sensex touched on March 4, 2015.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
Hindalco Industries Ltd plans to acquire Straits (Nifty) Pty Ltd, which owns the Nifty Copper mines in Australia.
Hindustan Foods Ltd allotted 29,99,993 shares amounting Rs 2.9 crore to V S Dempo & Co Pvt Ltd on a private placement basis.
Shree Rama Multi Tech Ltd said Company Law Board dismissed a petition filed against the company by HSBC Private Equity India Ltd, a foreign equity investor.
GTL Ltd plans to buy Redington Group comprising Redington India Ltd, Redington Pte Ltd Singapore and Redington Gulf FZE for $95 million in cash and shares.
The promoter of Hero Honda, Hero Investments Private Ltd (HIPL), has pledged further shares of the company to IL&FS Trust Company Ltd, raising an estimated Rs 200 crore (Rs 2 billion).
Vedanta may become a majority stakeholder in Cairn India.
Gujarat NRE Coke Ltd has informed BSE that the Board of Directors at its meeting held on January 18, 2003 has recommended issue of bonus shares in the ratio of 1:2.
Hughes Tele.com India Ltd said it is evaluating a plan to use broadband network of The Tata Power Company Ltd. No decision has, however, been taken.
Great Eastern Shipping Company Ltd placed an order for a 45,500 metric ton new building product tanker with Hanjin Heavy Industries and Construction Co Ltd, South Korea.
Gordon Woodroffe Ltd said it plans to invest Rs 20 million for acquiring 1.6 million, 11% cvumulative preference shares of Rs 100 each in Primo Distributors Ltd.
Prima Plastics Ltd has informed BSE that a meeting of the board of directors is scheduled on January 22, 2003, inter alia, to consider and approve sale of machinery and other unproductive assets.\n\n\n\n
Bharat Earth Movers Ltd said it signed a memorandum of understanding with Bumar Ltd, Poland, for manufacture and supply of defense products with provision for transfer of technology.
The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70. The NSE Nifty also hit a record intra-day high of 10,975.10, before finishing at 10,966.20, up 71.50 points.
Williamson Magor & Company Ltd acquired 200 shares of Rs 10 each of DSK Real Estates Ltd. DSK Real will hence forth be an arm of Williamson Magor.
ICICI Bank Ltd has informed BSE that its board will consider the audited financial results for the third quarter ended December 31, 2002 at its forthcoming meeting to be held on January 31, 2003.
DCM Shriram Consolidated Ltd said Shriram Bioseed Genetics India Ltd became its subsidiary as the company increased holding in Shriram Bioseed to 51 per cent from 49 per cent.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
The index rising for the fourth straight session surged 564 points.
The company had posted a consolidated net profit of Rs 323.31 crore (Rs 3.23 billion) in the same period last fiscal, Wockhardt Ltd said in a filing to the Bombay Stock Exchange.
Sterlite Optical Technologies Ltd has informed BSE that a meeting of the board will be held on January 25, 2003 to take on record the unaudited financial results for the quarter ended December 31, 2002.
After paring some gains, the 30-share index settled at an all-time closing high of 28,008.90, up by 98.84 points, or 0.35 per cent, over the previous close.
Media Firm Zee Entertainment Enterprise Ltd (ZEEL) sold its sports channel Ten Sports to Sony Pictures Networks for a US$ 385-million (about Rs 2,579 crore) in an all cash deal.
Nearly 80 stocks on the Bombay Stock Exchange (BSE) today witnessed an unusual price movement of up to 20 per cent. Belonging to 'S' and 'Z' categories and the trade-to-trade group, these scrips normally attract 5 per cent circuit breakers.
Indo Green Projects Ltd has informed BSE that the Board of Directors, at its meeting held on February 10, 2003, has resolved to commence the new activities in the field of Textiles and Yarn related business.
TCS, HDFC Bank, Hindustan Unilever Limited (HUL), HDFC, Infosys, ITC, Kotak Mahindra Bank, ICICI Bank and SBI closed the week with losses.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Hindalco Industries Ltd okays merger of Indo Gulf Corporation Ltds copper business with the company.
Dragged down by a massive fall in the stock market, total investor wealth slumped by nearly Rs 3 lakh crore on Tuesday as shares of over 2,200 listed firms ended in the red.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
Sun Pharmaceutical Industries Ltd has informed BSE that a meeting of its board will be held on January 30 to take on record unaudited financial results of the company for the third quarter ended December 31.
Birla Global Finance Ltd has informed BSE that an extraordinary general meeting of the shareholders of the company is scheduled on January 29, 2003 to redeem 27,50,000 redeemable cumulative preference shares of Rs. 100 each.
Digital GlobalSoft Ltd has informed BSE that a meeting of the board is scheduled on January 30, 2003 to take on record the unaudited financial results of the company for the quarter ended December 31, 2002.
Shares of ITC ended 1.65 per cent higher at Rs 330.20
Cummins India will not consider declaration of interim dividend due to uncertainties in the proposed tax structure.
Digital lobalSoft has allotted 10,950 equity shares of Rs 10 each under ESOP.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.