- The 30-share BSE index was trading 0.48% higher, while the Nifty50 was up 62 points at 9:50 am.
- These were the top losers and gainers in the Nifty pack.
- These are the top stocks that are buzzing in trade today.
- Check out the latest news and updates on Business Insider.
The 30-share BSE index was trading 0.48% higher, while the Nifty50 was up 62 points at 9:50 am.
These were the top losers and gainers in the Nifty pack:
These are the top stocks that are buzzing in trade today.
RITES gain 2% ahead of the board meeting
The shares of infrastructure company RITES Ltd were trading 2% higher during the early trading hours on September 18. The board of the company is slated to meet today to consider the buyback proposal of the fully paid-up equity shares of the company.
Sterling and Wilson Solar opened 5% higher
The shares of Sterling and Wilson Solar opened 5% higher after the company secured a 106.71 MW solar project in Chile worth $62.6 million (about ₹462 crore).
“The order has been received from a global independent power producer (IPP), work for which is expected to begin in Q4 FY 2021," the company said in a statement.
TCS trading 1% higher
The shares of Tata Consultancy Services gained 1% after the firm announced that it has partnered with Phoenix Group, the UK's largest long-term savings and retirement business. The company plans to launch an enhanced client analytics tool for workplace pension clients of its subsidiary Standard Life Assurance Limited.
Vodafone Idea gains 4%
The shares of telecom giant Vodafone Idea were trading 4% higher after media reports surfaced that it dropped the faster data speed claims as part of priority offering and is in the process of filing a revised plan.
Hindalco jumps 2%
The share price of Hindalco gained over 2% after the company signed an MoU with Hindustan Copper for the long-term purchase and sale of copper concentrate produced by Hindustan Copper. Under this MoU, around 60% copper content of Hindustan Copper's current concentrate production will be utilised by Hindalco in the manufacture of refined copper.
Defence stocks gain ground
The shares of Bharat Forge, Larsen & Toubro, and Hindustan Aeronautics Limited gained nearly about a percent after India permitted foreign direct investment (FDI) of up to 74% under automatic route in the defence sector.
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