News for 'UltraTech'

Sensex rises 163 pts; Nifty tops 11,900 level

Sensex rises 163 pts; Nifty tops 11,900 level

Rediff.com21 Oct 2020

PowerGrid was the top gainer in the Sensex pack, surging over 4 per cent, followed by Bharti Airtel, Tata Steel, NTPC, HDFC Bank, UltraTech Cement and Kotak Bank. On the other hand, TCS, Nestle India, Reliance Industries and HCL Tech were among the laggards.

Sensex, Nifty close at new record highs

Sensex, Nifty close at new record highs

Rediff.com16 Dec 2020

In the Sensex pack, HDFC, ONGC, Bharti Airtel, Titan, Asian Paints, Mahindra and Mahindra and TCS were the prominent gainers. On the other hand, ICICI Bank, IndusInd Bank, NTPC, UltraTech Cement, Tech Mahindra and SBI were among the major laggards. On the other hand, HCL Tech, Tech Mahindra, HUL, Bharti Airtel and ICICI Bank were trading in the red.

Sensex rallies 458 pts to end above 50K for first time; Nifty tops 14,750

Sensex rallies 458 pts to end above 50K for first time; Nifty tops 14,750

Rediff.com3 Feb 2021

IndusInd Bank was the top gainer in the Sensex pack, zooming around 8 per cent, followed by PowerGrid, Dr Reddy's, Sun Pharma, NTPC and Axis Bank. On the other hand, UltraTech Cement, Maruti, ITC, Kotak Bank and Asian Paints were among the losers.

Markets scale new peaks; Sensex jumps 182 points

Markets scale new peaks; Sensex jumps 182 points

Rediff.com8 Dec 2020

UltraTech Cement was the top gainer in the Sensex pack, rising around 3 per cent, followed by TCS, Reliance Industries, HCL Tech, Infosys and Kotak Bank. Nifty rose for the sixth consecutive day, up 37.20 points or 0.28 per cent to 13,392.95.

Investors richer by over Rs 7.21 lakh cr in two days of market rally

Investors richer by over Rs 7.21 lakh cr in two days of market rally

Rediff.com9 Mar 2022

Equity investors became richer by over Rs 7.21 lakh crore as stock markets continued the rally for the second day on Wednesday. The 30-share BSE Sensex opened in the green on Wednesday and further jumped 1,469.64 points or 2.75 per cent to 54,893.73 during the day. It finally settled at 54,647.33, higher by 1,223.24 points or 2.29 per cent amid reports of diplomatic efforts to end Russia's attack on Ukraine. On Tuesday, it settled at 53,424.09, higher by 581.34 points or 1.10 per cent.

Investors' wealth jumps over Rs 2.51 lakh cr as stocks rebound

Investors' wealth jumps over Rs 2.51 lakh cr as stocks rebound

Rediff.com8 Mar 2022

Investors' wealth on Tuesday jumped by over Rs 2.51 lakh crore, in tandem with a sharp recovery in equities after four days of heavy declines. The 30-share BSE Sensex opened on a weak note and tumbled 581.93 points or 1.10 per cent to 52,260.82 during the day amid firming oil prices and relentless selling by foreign institutional investors. Amid bouts of volatility, the benchmark touched a high of 53,484.26 and a low of 52,260.82 during the trade. It finally settled at 53,424.09, higher by 581.34 points or 1.10 per cent.

Sensex rallies 304.38 points to end at 39,878.95

Sensex rallies 304.38 points to end at 39,878.95

Rediff.com7 Oct 2020

Titan was the top gainer in the Sensex pack, climbing over 4 per cent, followed by Bajaj Auto, Maruti, Reliance Industries, ONGC and UltraTech Cement.

Investors' wealth tumble over Rs 4.47 lakh cr amid market crash

Investors' wealth tumble over Rs 4.47 lakh cr amid market crash

Rediff.com6 May 2022

Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities. The 30-share BSE benchmark dived 866.65 points or 1.56 per cent to settle at 54,835.58. During the day, it tumbled 1,115.48 points or 2 per cent to 54,586.75.

Sensex plummets 1,159 points to end below 60K

Sensex plummets 1,159 points to end below 60K

Rediff.com28 Oct 2021

ITC was the top loser in the Sensex pack, tumbling over 5 per cent, followed by ICICI Bank, Kotak Bank, Axis Bank, SBI and HDFC Bank. NSE Nifty sinks 354 points to 17,857.25.

Markets surrender early gains as metal stocks crack

Markets surrender early gains as metal stocks crack

Rediff.com23 May 2022

Equity indices frittered away a good start to close with modest losses on Monday, pressured by heavy selling in metal stocks after the government imposed export duties on steel-making raw materials to curb soaring prices. The 30-share BSE Sensex opened strong and gained momentum as the session progressed, but came under severe selling pressure in afternoon trade to close 37.78 points or 0.07 per cent lower at 54,288.61. On similar lines, the broader NSE Nifty slipped 51.45 points or 0.32 per cent to end at 16,214.70.

Earnings to guide market momentum this week: Analysts

Earnings to guide market momentum this week: Analysts

Rediff.com16 Jan 2022

The stock market's momentum will be guided by the ongoing quarterly earnings season, with Reliance Industries, HUL and Bajaj Finance among those scheduled to announce their results this week, analysts said. Focus would also remain on the COVID situation, global stock markets, investment pattern of foreign institutional investors (FIIs), rupee-dollar trend and Brent crude, they added. "The earnings season would gain pace this week and participants will be closely eyeing the results of some of the top names like Reliance, Ultratech Cement, Bajaj Auto, JSW Steel, Bajaj Finance, Asian Paints, Hindustan Unilever among others. "Before that, markets will first react to the earnings of two heavyweights -- HCL Technologies and HDFC Bank in early trade on Monday," said Ajit Mishra, VP Research, Religare Broking.

Sensex rallies 316 pts to finish at fresh peak; Nifty crosses 12,700

Sensex rallies 316 pts to finish at fresh peak; Nifty crosses 12,700

Rediff.com11 Nov 2020

Tata Steel was the top gainer among the Sensex constituents, surging around 8 per cent, followed by Axis Bank, Bajaj Finserv, ITC, Infosys, Sun Pharma, Kotak Bank, ONGC and UltraTech Cement. On the other hand, IndusInd Bank, Reliance Industries, Titan, Asian Paints and HDFC Bank were in the red.

RIL, Maruti, SBI give Sensex 620-point boost

RIL, Maruti, SBI give Sensex 620-point boost

Rediff.com1 Dec 2021

IndusInd Bank was the top gainer in the Sensex pack, rising nearly 6 per cent, followed by Axis Bank, SBI, Maruti, Tech Mahindra and Reliance Industries. NSE Nifty surged 183.70 points to close at 17,166.90.

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Rediff.com31 Dec 2020

HDFC was the leading gainer among Sensex stocks on Thursday, rising by 1.65 per cent, followed by Sun Pharma, ICICI Bank, Asian Paints, Titan and Infosys. TCS was the biggest loser, shedding 1.33 per cent. Ultratech Cement, Bharti Airtel, Kotak Bank and Tech Mahindra were among the other major laggards.

Sensex slumps 257 points ahead of Fed policy meet

Sensex slumps 257 points ahead of Fed policy meet

Rediff.com3 Nov 2021

Sun Pharma was the top loser in the Sensex pack, falling over 3 per cent, followed by IndusInd Bank, Bharti Airtel, Kotak Bank, ICICI Bank and HDFC Bank. Nifty fell 59.75 points to 17,829.20.

Sensex soars over 558 pts; Nifty tops 11,300

Sensex soars over 558 pts; Nifty tops 11,300

Rediff.com28 Jul 2020

Ultratech Cement, TCS, Kotak Mahindra, M&M, Maruti, IndusInd Bank and Bajaj Auto were the prominent gainers. On the other hand, ICICI Bank, Nestle, Asian Paints, ONGC and ITC ended in the red.

Sensex snaps 2-day winning run, ends marginally lower

Sensex snaps 2-day winning run, ends marginally lower

Rediff.com6 Jul 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 2 per cent, followed by TCS, Maruti, Reliance, Sun Pharma and Infosys. NSE Nifty fell 16.10 points to 15,818.25.

Sensex drops 207 pts dragged by financial stocks

Sensex drops 207 pts dragged by financial stocks

Rediff.com27 Oct 2021

Axis Bank was the top loser in the Sensex pack, tanking over 6 per cent, followed by Bajaj Finance, Bajaj Finserv, IndusInd Bank, HUL and Tata Steel. NSE Nifty fell 57.45 points to 18,210.95.

Sensex, Nifty end in red once again

Sensex, Nifty end in red once again

Rediff.com1 Oct 2021

Bajaj Finserv was the top loser in the Sensex pack, shedding over 3 per cent, followed by Maruti, Bharti Airtel, Asian Paints, Bajaj Finance and HDFC.

Sensex rises 237 points; Nifty above 12,100

Sensex rises 237 points; Nifty above 12,100

Rediff.com11 Feb 2020

NTPC, Maruti, SBI, PowerGrid, Bajaj Auto, UltraTech Cement and Axis Bank rose up to 2.95 per cent.

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Rediff.com17 Dec 2020

HDFC was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Finance, HDFC Bank, IndusInd Bank, PowerGrid, UltraTech Cement, TCS, Tech Mahindra and L&T. On the other hand, ONGC, Maruti, Tata Steel, HUL, Bajaj Auto and Sun Pharma were among the laggards.

Sensex sinks 1,024 points; banks, financials drag

Sensex sinks 1,024 points; banks, financials drag

Rediff.com7 Feb 2022

HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.

Markets hit fresh highs: Sensex zooms 873 pts; Nifty scales 16K

Markets hit fresh highs: Sensex zooms 873 pts; Nifty scales 16K

Rediff.com3 Aug 2021

Titan was the top gainer in the Sensex pack, rising around 4 per cent, followed by HDFC, Nestle India, IndusInd Bank, UltraTech Cement and Bharti Airtel. On the other hand, Bajaj Auto, Tata Steel and NTPC were the laggards.

Sensex rallies 996 points; Nifty tops 9,300

Sensex rallies 996 points; Nifty tops 9,300

Rediff.com27 May 2020

Axis Bank was the top gainer in the Sensex pack, soaring over 13 per cent, followed by ICICI Bank, HDFC Bank, IndusInd Bank and Bajaj Finance. On the other hand, Sun Pharma, UltraTech Cement, Titan and Asian Paints were among the laggards.

HDFC, Infy, Kotak Bank rally to power Sensex by 478 pts

HDFC, Infy, Kotak Bank rally to power Sensex by 478 pts

Rediff.com8 Nov 2021

Equity benchmark Sensex rallied 478 points on Monday after gains in index majors HDFC, Infosys and Kotak Bank despite a negative trend in the global markets.

Sensex jumps 149 points to new record

Sensex jumps 149 points to new record

Rediff.com12 Oct 2021

Titan was the top gainer in the Sensex pack, rallying over 5 per cent, followed by Bajaj Auto, Bajaj Finserv, SBI, Nestle India, ITC, Axis Bank and Tata Steel. Nifty rose 46 points to its fresh closing peak of 17,991.95.

Market selloff: Investors lose Rs 6.15 lakh crore in 3 days

Market selloff: Investors lose Rs 6.15 lakh crore in 3 days

Rediff.com29 Oct 2021

Investors' wealth has eroded by over Rs 6.15 lakh crore in three days of market decline amid weak global cues and persistent selling by foreign funds. The BSE benchmark Sensex tumbled for the third straight session on Friday to close at 59,306.93, down 677.77 points or 1.13 per cent. In three days, the 30-share index has lost 2,043.33 points or 3.33 per cent.

Sensex rallies 320 points; Nifty closes at fresh high

Sensex rallies 320 points; Nifty closes at fresh high

Rediff.com2 Jan 2020

Ultratech Cement was the top gainer in the Sensex pack, surging 4.37 per cent, followed by Tata Steel, IndusInd Bank, L&T, Reliance Industries, SBI, HDFC, HDFC Bank, Axis Bank, ONGC and ITC.

Why Kumar Mangalam Birla is the undisputed king of India's cement sector

Why Kumar Mangalam Birla is the undisputed king of India's cement sector

Rediff.com4 Dec 2018

The acquisition of the debt-laden Binani has catapulted Birla-owned UltraTech to the top spot in India, leaving it free to turn attention to overseas market

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

Sensex, Nifty extend record run on vaccine booster

Sensex, Nifty extend record run on vaccine booster

Rediff.com30 Dec 2020

Among major Sensex movers, Ultratech Cement rose over 4 per cent, Bajaj Finance by 2.63 per cent and Maruti by 2 per cent. BSE Sensex closed up by 133.14 points at a record high of 47,746.22. NSE Nifty rose by 49.35 points at its lifetime high of 13,981.95.

Sensex, Nifty pare early gains, end marginally lower

Sensex, Nifty pare early gains, end marginally lower

Rediff.com30 Jun 2020

PowerGrid was the top laggard in the Sensex pack, shedding around 2 per cent, followed by Sun Pharma, ITC, ONGC, Bharti Airtel and Reliance Industries. On the other hand, Maruti, Nestle India, ICICI Bank and UltraTech Cement were among the gainers.

Sensex extends gains to 2nd day; jumps 111 points

Sensex extends gains to 2nd day; jumps 111 points

Rediff.com24 May 2021

SBI was the top gainer in the Sensex pack, advancing over 2 per cent, followed by L&T, ITC, Dr Reddy's, Axis Bank and PowerGrid. NSE Nifty rose 22.40 points to 15,197.70.

Sensex snaps 3-day losing streak; gains 271 pts at close

Sensex snaps 3-day losing streak; gains 271 pts at close

Rediff.com23 Jan 2020

L&T was the top gainer in the Sensex pack followed by M&M, SBI, Titan, Infosys, Bharti Airtel and Ultratech Cement.

Sensex rises 226 points on gains in index heavyweights

Sensex rises 226 points on gains in index heavyweights

Rediff.com23 Aug 2021

HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by TCS, Bajaj Finserv, Nestle India, Bharti Airtel, Bajaj Finance and Tech Mahindra. NSE Nifty advanced 45.95 points to 16,496.45.

Markets settle with modest gains in choppy trade

Markets settle with modest gains in choppy trade

Rediff.com11 Mar 2022

Rising for the fourth straight day, benchmark indices Sensex and Nifty settled marginally higher after a choppy session on Friday, tracking mixed global trends amid uncertainties on the geopolitical front. The BSE Sensex opened weak and declined 414.44 points to 55,049.95 in opening deals. But within minutes, it pared all its losses and jumped 369.56 points to 55,833.95. Facing volatility, the index finally settled at 55,550.30, higher by 85.91 points or 0.15 per cent.

Sensex snaps 4-day losing streak; ends up428 points

Sensex snaps 4-day losing streak; ends up428 points

Rediff.com9 Jun 2022

Powered by a rally in index heavyweight Reliance Industries, equity benchmark Sensex broke its four-session losing run to close above the 55,000-mark on Thursday despite a weak trend overseas. Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off. However, a depreciating rupee and persistent foreign fund outflows capped the gains, traders said. Overcoming a lacklustre start, the 30-share BSE Sensex surged 427.79 points or 0.78 per cent to close at 55,320.28.

Sensex, Nifty end flat after scaling fresh lifetime highs

Sensex, Nifty end flat after scaling fresh lifetime highs

Rediff.com16 Jul 2021

HCL Tech was the top loser in the Sensex pack, shedding over 3 per cent, followed by Infosys, Bajaj Finserv, NTPC, ICICI Bank and IndusInd Bank.

Sensex up 55 points to its all-time closing high

Sensex up 55 points to its all-time closing high

Rediff.com9 Sep 2021

Bharti Airtel was the top gainer in the Sensex pack, jumping around 3 per cent, followed by Nestle India, Tata Steel, Bajaj Finserv, HCL Tech and ITC. NSE Nifty rose 15.75 points to settle at 17,369.25.

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

Rediff.com11 May 2022

The chairman of the JSW Group of companies, Sajjan Jindal, whose stake in the group is valued at $14.5 billion (Rs 1.1 trillion), is betting $4.5 billion of his personal fortune in the firm's bid for Ambuja Cements. According to bankers, Jindal's contribution will be a combination of share sale and debts raised by pledging the stake of the target entities with private equities. The JSW Group chairman has offered $7 billion for Ambuja Cements, including $2.5 billion of investments from private equities, the Financial Times reported on Tuesday.