Dalal Street ended in the green, helped by gains in metal, banks,oil & gas stocks amid investor optimism. The Sensex rose 0.37% and the Nifty 50 index advanced 0.38%.
In broader markets, BSE Metals index jumped 1.14% and the Nifty Bank was up 0.99%.
Top gainers among Nifty sectoral indices were Industrial Gases & Fuels [3.79%], Realty [2.72%], Telecom [1.40%], Retailing [1.29%] and Metals [0.91%]. Electricals index fell 1.16%.
Indian rupee gained marginally higher to 82.80 against the US dollar on Thursday.
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Tata Consumer Products: UK Group, has decided to purchase 23.3 percent of the share capital of Joekels Tea Packers for Rs 43.6 crore from its joint-venture partners.
NTPC: The company successfully commissioned, a second part capacity of 50 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan, which will be commercially operational from December 30, said NTPC in its release. The first part capacity of 100 MW had been declared operational on December 20. With this, standalone installed and commercial capacity of NTPC will become 58259 MW, while group installed and commercial capacity of NTPC will become 70874 MW, the company added.
Puravankara: The board approved issue of fully paid, senior, secured, unlisted, unrated, taxable, redeemable, non-convertible debentures worth Rs 230 crore in two tranches. The Board of Directors also approved to invest in GHAR REALTY LLP, by contributing to 68.26% of the capital of the LLP as Designated Partner.
Tata Steel: The company has acquired 1.15 crore equity shares of subsidiary Tata Steel Advanced Materials at an issue price of Rs 12.81 per share, with the aim to grow the business of new materials business under Tata Steel Advanced Materials. The total buying price is Rs 14.80 crore and on completion of the said acquisition, Tata Steel Advanced Materials will continue to be a wholly owned subsidiary of Tata Steel.
Aster DM Healthcare Ltd: Ramesh Cardiac and Multispeciality Hospital Private Limited, a subsidiary of Aster DM Healthcare have signed a share purchase agreement to acquire 100% stake in Adiran IB Healthcare Private Limited on December 28, 2022.