Highlights

2.06 pm ISTMarket update
2.03 pm ISTCapital First approves Rs200 crore debt issue
2.00 pm ISTPower Mech Projects shares surge 10% on receipt of orders worth Rs357 crore
1.57 pm ISTBHEL commissions 2nd unit at Mizoram project
12.40 pm ISTDr. Reddy’s Labs served securities class action suit in US
12.33 pm ISTMarket update
12.30pm ISTZydus Cadila receives USFDA approval
12.25 pm ISTLoyal Equipments shares rise on receipt of award
11.38 am ISTJet Airways signs agreement with Air France-KLM
11.35 am ISTAlkem Laboratories receives US FDA nod for new drug
10.30 am ISTMarket update
10.27 am ISTRCom shares rise on proposed DTH biz sale
10.25 am ISTNestle India shares decline after Maggi fails lab test
10.23 am ISTADF Foods shares rise on Q2 result
10.20 am ISTIL&FS shares gain on quarterly profit
9.40 am ISTCola India shares rise over 1%
9.33 am ISTWalchandnagar Industries shares down on quarterly loss
9.30 am ISTSREI Infrastructure shares gain 2.5%
9.28 am ISTRupee opens lower against US dollar
9.25 am ISTMarkets open higher

BSE Sensex and NSE Nifty open higher on Wednesday. Photo: Abhijit Bhatlekar/Mint

Mumbai: The benchmark BSE Sensex recovered by about 68 points in early trade on Wednesday on the back of fresh gains in blue-chips like Reliance Industries, ITC and Infosys, PTI reported. Sectoral indices led by PSU, consumer durables, infrastructure, capital goods, healthcare and IT advanced. Brokers said a fresh spell of buying triggered by a mixed trend in some other Asian bourses following overnight gains in the US markets buoyed the sentiment. Here are the latest updates from the markets:
2.06 pm IST Market updateBSE Sensex traded higher by 17.56 points, or 0.05%, at 33,636.15, while the Nifty 50 edged down 2.30 points, or 0.02%, to 10,367.95
2.03 pm IST Capital First approves Rs200 crore debt issueCapital First Ltd approved issuance of Rs200 crore of secured redeemable nonconvertible bonds. Shares traded 0.16% higher to Rs699.50.
2.00 pm IST Power Mech Projects shares surge 10% on receipt of orders worth Rs357 crorePower Mech Projects Ltd shares surged 9.83% to Rs797 after the company said it received orders worth Rs357 crore for Infrastructure development work at Andhra Pradesh Medtech Zone Ltd.
1.57 pm IST BHEL commissions 2nd unit at Mizoram projectBharat Heavy Electricals Ltd said it has commissioned a second unit of the 30MW Tuirial hydro electric project in Mizoram. Shares traded 0.53% lower at Rs93.65.
12.40 pm IST Dr. Reddy’s Labs served securities class action suit in US Dr. Reddy’s Laboratories Ltd said the company has been served a US securities class action lawsuit in the US. The drug maker maintained that the claims were “without merit and intends to vigorously defend itself against the allegations”. Shares declined 0.32% to Rs2,281.
12.33 pm IST Market updateBSE Sensex traded higher by 31.98 points, or 0.10%, at 33,650.57, while the Nifty 50 gained 3.55 points, or 0.03%, to 10,373.80.
12.30pm IST Zydus Cadila receives USFDA approvalCadila Healthcare Ltd said Zydus Cadila has received the final approval from the USFDA to market Candesartan Cilexetil and Hydrochlorothiaizde tablets. Cadila Healthcare shares were trading little changed at Rs441.30, down 0.01%.
12.25 pm IST Loyal Equipments shares rise on receipt of awardLoyal Equipments Ltd said it has received a purchase order from Linde Engineering India Pvt. Ltd of worth Rs270 lakhs for supply of complete skid package. Shares jump 4.69% to Rs42.40.
11.38 am IST Jet Airways signs agreement with Air France-KLMJet Airways India Ltd rose 1.4% to Rs665.65 after the company said it and Air France KLM to enhance coopration pact.
11.35 am IST Alkem Laboratories receives US FDA nod for new drugAlkem Laboratories Ltd rose 3.5% to Rs 2037.35 after the company said US FDA approved its abbreviated new drug application for cancer drug capecitabine.
10.30 am IST Market updateBSE Sensex traded higher by 34.30 points, or 0.10%, at 33,652.89, while the Nifty 50 gained 8.25 points, or 0.08%, to 10,378.50.
10.27 am IST RCom shares rise on proposed DTH biz saleReliance Communications Ltd rose 2.3% to Rs13.20 after the company said it entered into a binding share purchase agreement with Pantel Technologies to sell 100% of its DTH business.
10.25 am IST Nestle India shares decline after Maggi fails lab testNestle India Ltd fell 0.8% to Rs7,439.95 after the district administration of Shahjahanpur, Uttar Pradesh, has slapped a fine on Nestle India and its distributors after its popular noodles brand Maggi allegedly failed to pass the lab test, even as the FMCG major maintained that “it’s a case of application of incorrect standards.”
10.23 am IST ADF Foods shares rise on Q2 resultADF Foods Ltd rose 2.6% to Rs297.40 after the company said it posted 90% jump in profit for September quarter to Rs5.90 crore from a year ago.
10.20 am IST IL&FS shares gain on quarterly profitIL&FS Engineering and Constriction Co. Ltd rose 5% to Rs46.55 after the company posted a profit of Rs40 crore against a loss of Rs 82 crore a year ago.
9.40 am IST Cola India shares rise over 1%Coal India Ltd rose 1.2% to Rs277.85. According to a PTI report, the company is considering hiking salary of its executives, which may cost the company about Rs800 crore.
9.33 am IST Walchandnagar Industries shares down on quarterly lossWalchandnagar Industries Ltd fell 2.5% to Rs246.50 after the company posted a loss of Rs13 crore in the September quarter.
9.30 am IST SREI Infrastructure shares gain 2.5%SREI Infrastructure Finanace Ltd rose 2.5% to Rs111.65 after its arm SREI Equipment Finances files DRHP with Sebi. Offer consists fresh issue of shares worth Rs1,100 crore and OFS of up to 43.86 lakh shares by SREI Infra.
9.28 am IST Rupee opens lower against US dollarThe rupee opened at 64.46 a dollar. At 9.15am, the home currency was trading at 64.50 a dollar, down 0.13% from its Tuesday’s close of 64.41. The 10-year bond yield was at 7.031%, compared to its previous close of 7.030%. Bond yields and prices move in opposite directions.
9.25 am IST Markets open higherBSE Sensex traded higher by 41.01 points, or 0.12%, at 33,659.60, while the Nifty 50 rose 17.45 points, or 0.17%, to 10,387.70.