Market LIVE Updates: Nifty around 18,000, Sensex tanks 600 points; all sectors in the red

Stock Market LIVE Updates: BSE Midcap and Smallcap indices down 0.5 percent each.

Satin Creditcare Network to consider fund raising on January 6

Satin Creditcare Network’s board of directors of the company will meet on January 6 to consider raising of funds through private placement of non-convertible debentures.

Satin Creditcare Network was quoting at Rs 160.95, down Rs 1.45, or 0.89 percent.


NTPC commissions India’s first green hydrogen blending project


NTPC has commissioned India’s first green hydrogen blending project. The green hydrogen blending has been started in the piped natural gas (PNG) network of NTPC Kawas township, Surat. The project is a joint effort of NTPC and Gujarat Gas.

NTPC was quoting at Rs 165.20, down Rs 2.30, or 1.37 percent on the BSE.

Navin Fluorine is seeing massive short buildup with open interest doubling during the day.

Gland Pharma gets establishment inspection report for Dundigal facility at Hyderabad


Gland Pharma informed that following the Pre-Market Inspection covering US FDA’s Quality System/Current Good Manufacturing Practice regulations for Medical Devices (21 CFR Part 820) at the company’s Dundigal Facility at Hyderabad from 22nd August, 2022 to 25th August, 2022; the Company has received the Establishment Inspection Report (EIR) from the Office of Product Evaluation and Quality Center for Devices and Radiological Health, US FDA indicating closure of the inspection.

Market at 12 PM


Benchmark indices extended the losses and trading at day’s low.

The Sensex was down 535.98 points or 0.87% at 60758.22, and the Nifty was down 162 points or 0.89% at 18070.50. About 1046 shares have advanced, 2110 shares declined, and 122 shares are unchanged.

Orient Cement shares gain post clarification on Adani Group stake buy


Orient Cement on the new item “Adani Group In Talks To Buy Promoter Stake In Orient Cement” clarified that the company is not privy to any such discussion, and therefore cannot comment on the same.

They further clarified that at present there is no material information/announcement, including impending announcement, which in the opinion of the company may have a bearing on the price/ volume behaviour of the scrip.

Vedanta share price falls as production slips:


Alumina production at Lanjigarh refinery of Vedanta for quarter ended December FY23 fell by 6% YoY to 443kt due to maintenance activities in calciners, while zinc international production increased by 32% YoY to 70kt with continued ramp-up at Gamsberg, and total saleable steel production at 306kt was lower by 13% YoY due to maintenance activities in blast furnace in Q3FY23. Its overall power sales increased by 5% YoY to 3,616 million units.

HDFC Bank Q3 Update  

-Advances up 19.5% YoY and 1.8% QoQ
-Bank’s advances aggregated to approximately Rs 15.07 lakh crore as of December 31, 2022
-Deposits up 19.9% YoY and 3.6% QoQ
-Deposits aggregated to approximately Rs 17.33 lakh crore as of December 31, 2022
-CASA Deposits up 12% YoY and 0.4% QoQ


Disclaimer:- This post is only for educational purpose only Shri Ram Traders club does not have any holding in these stock and will not responsible for any investment. 

Source: Moneycontrol.

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