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Benchmark equity indices continued gains on Tuesday led by a surge in Financials, FMCG, Metals and capital goods stocks. The Sensex closed 0.76% higher and the Nifty 50 index rose 0.75%.
Top Nifty sectoral index gainers were Bank [0.74%], Fin service [0.91%], FMCG [0.75%], and Metal [1.28%].
The Indian rupee depreciated 18 paise to 79.18 against the US dollar on Tuesday.
Zydus Lifesciences: Leading pharmaceutical manufacturing company has received the approval of the United States Food and Drug Administration (USFDA) to market Lenalidomide, a cancer drug, the pharma firm told stock exchanges.
GPT Infraprojects: The company bags orders worth Rs.173 crore from northern railway for doubling of railway track between Ludhiana and Kila raipur.
New Delhi Television (NDTV): The company said it has paid Rs 10 lakh penalty to the market regulator as directed by the Securities Appellate Tribunal (SAT). In an order dated July 20, SAT had reduced the penalty imposed by Sebi from Rs 5 crore to Rs 10 lakh in a case pertaining to alleged non-disclosure of a loan taken by NDTV’s founder-promoters.
Ujjivan Small Finance Bank: The lender launched its QIP with a floor price of Rs 21.93 per share to meet the regulatory requirement ahead of the merger with its parent company.