Benchmark indices ended higher for the third consecutive session. All sectoral indices are trading in the green except IT

After a Christmas holiday, the benchmark indices ended on a positive note following a rally for the third day.

At close, the Sensex was up 229.84 points or 0.32 percent, and the Nifty was up 91.90 points or 0.43 percent.

Biggest Nifty gainers were Divis Laboratories, Hero MotoCorp, Adani Enterprises, Wipro, and NTPC, while losers were Bajaj Finance, Bajaj Finserv, Infosys, TCS, and Tata Motors

BSE midcap index added 0.7 percent and the smallcap index is up by 0.5 percent.

Indian rupee ended marginally lower at 83.19 per dollar on Tuesday against Friday’s close of 83.15

STOCKS TODAY

Bharat Electronics: Shares of Bharat Electronics surged 5.5 percent to hit a 52-week high of Rs 184.50 on December 26, after the company bagged orders worth Rs 678 crore with the Uttar Pradesh government for providing hardware, AI-based software tools, and cyber security solutions for the project, communication display units, thermal imaging cameras, and miscellaneous spares and services across the state.

Adani Green Energy: The board of directors has approved a preferential issuance of warrants to the promoters for a quantum of Rs 9,350 crore. The funds shall be utilized for deleveraging and accelerated capital expenditure, the company said. AGEL is now fully equipped to achieve its stated target of 45 GW by 2030, with 20.6 GW locked in capacity, secured land of over 2,00,000 acres (equivalent to over 40 GW of additional capacity) in resource-rich areas of India

Asian Granito India Ltd: Shares of Asian Granito India surged around 9 percent today after the company announced the start of commercial operations at its wholly-owned subsidiary AGL Sanitaryware at Morbi, which marks its entry into sanitaryware manufacturing.

Adani Power: Shares of Adani Power gained nearly 1 percent after the consortium led by Adani Power received the lender’s approval to buy bankrupt Coastal Energen.

Tata Steel: Shares of Tata Steel gained over 1 percent after the announcement of a meeting for shareholders on January 25 to review the scheme of amalgamation with Indian Steel & Wire Products. The seven subsidiaries to be merged with Tata Steel are Tata Steel Long Products (TSPL), The Tinplate Company of India, Tata Metaliks, TRF, Indian Steel & Wire Products, Angul Energy, and Tata Steel Mining and S&T Mining Company.

JSW Energy: Shares of JSW Energy gained nearly 2 percent after its wholly-owned subsidiary JSW Renew Energy Limited started phase-wise commissioning of an 810 MW ISTS-connected wind power project awarded under the SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW.
Sahara Maritime Ltd: shares of this company made a negative debut of 2.3 percent down from its issue price of Rs 81 a share.The proceeds from the issue will be allocated towards funding the Company’s capital expenditure

Sahara Maritime Ltd: shares of this company made a negative debut of 2.3 percent down from its issue price of Rs 81 a share. The proceeds from the issue will be allocated towards funding the Company’s capital expenditure