Highlights

3.33 pm ISTClosing bell
3.04 pm ISTTata Power Renewable Energy commissions solar plant in Karnataka
3 pm ISTRupee trades flat against US dollar
2.03 pm ISTMarket update
2 pm ISTL&T unit gets orders worth Rs1454
1.55 pm ISTPSU bank stocks trade lower
1.53 pm ISTPrincipal Financial Group to buy all stake in JV with PNB
12.33 pm ISTMarket update
12.30 pm ISTNACL Industries shares surge 9% on fund rasing plan
12.28 pm ISTIdea Cellular shares fall 3%
11.43 am ISTRamco Systems shares surge 5% on new contract
11.40 am ISTTata Motors shares rise on December sales data
11.38 am ISTFactory PMI expands at fastest pace in 5 years in December
11.35 am ISTAcrysil shares gain on stake purchase
10.55 am ISTAnil Ambani group stocks trade lower
10.53 am ISTLovable Lingerie shares rise on buyback plan
10.50 am ISTPrestige Estate shares gain 2% on stake purchase
10.48 am ISTThermax shares gain on new order
10.25 am ISTMarket update
10.20 am ISTEicher Motors shares fall 2%
10.18 am ISTTVS Motor shares gain over 3% on sales data
10.15 am ISTBajaj Auto shares rise on December sales data
9.38 am ISTSalil Parekh to take over as Infosys CEO today
9.35 am ISTAnil Ambani group stocks trade higher
9.33 am ISTONGC shares gain on rising oil prices
9.30 am ISTRupee opens marginally higher against US dollar
9.30 am ISTMarket open

BSE Sensex and NSE Nifty closed lower on Tuesday. Photo: Mint

Mumbai: BSE Sensex and NSE Nifty closed little changed on Tuesday as caution prevailed ahead of corporate results amid soaring global crude prices and a subdued trend in European markets, PTI reported. After a higher opening at 33,913.55, the Sensex advanced to hit the day’s high of 33,964.14. But profit-booking towards the middle of the session erased gains completely dragging the index to a low of 33,703.37. The 30-share barometer closed at 33,812.26, down by just 0.49 points. The gauge had lost 244.08 points in the first trading session of 2017 on Monday. The NSE Nifty, however, ended a shade higher by 6.65 points at 10,442.20 after moving between 10,495.20 and 10,404.65. The upcoming corporate result season, beginning later this week and the approaching Union Budget kept investors on their toes, who indulged in selling activity, brokers said.
3.33 pm IST Closing bellBSE Sensex closed unchanged at 33,812.26, down 0.49 point, while the Nifty 50 ended at 10,442.20, up 6.65 points, or 0.06%.
3.04 pm IST Tata Power Renewable Energy commissions solar plant in KarnatakaTata Power Co. Ltd said Tata Power Renewable Energy Ltd has commissioned a 50 MW DCR solar plant at Pavagada solar park in Karnataka. Shares gained 1.03% to Rs98.15.
3 pm IST Rupee trades flat against US dollarThe Indian rupee on Tuesday was trading little changed against US dollar tracking mixed local equity markets. The home currency was trading at 63.67 a dollar, up 0.01% from its Monday’s close of 63.68.
2.03 pm IST Market updateBSE Sensex traded lower by 60.08 points, or 0.18%, to 33,752.67, while the Nifty 50 fell 7.55 points, or 0.07%, to 10,428
2 pm IST L&T unit gets orders worth Rs1454Larsen and Toubro Ltd said its unit L&T Construction has received orders worth Rs1,454 crore across various business segments. Shares traded 0.90% lower at Rs1250.45.
1.55 pm IST PSU bank stocks trade lowerPublic sector bank stocks trade lower, with the Nifty PSU Bank down 1.22%. Bank of Baroda 2.17%, PNB 1.62%, Bank of India 1.56%, Union Bank 1.52%, Canara Bank 1.52%.
1.53 pm IST Principal Financial Group to buy all stake in JV with PNBPrincipal Financial Group has signed a shares purchase agreement with Punjab National Bank to take full ownership of the Principal-PNB asset management company and Principal Trustee Co. Pvt. Ltd in India. PNB shares were down 1.94% at Rs166.45. (Reuters)
12.33 pm IST Market updateBSE Sensex traded higher by 53.11 points, or 0.16%, to 33,865.86, while the Nifty 50 rose 16.50 points, or 0.16%, to 10,452.05.
12.30 pm IST NACL Industries shares surge 9% on fund rasing planNACL Industries Ltd said its board of directors approved a plan to raise Rs300 crore through equity shares issue in a qualified institutional placement. Shares rose 9.03% to Rs62.20.
12.28 pm IST Idea Cellular shares fall 3%Shares of Idea Cellular Ltd fell as much as 3% to Rs101.45. The company said on Monday that it would consider raising funds via preferential allotment, qualified institutional placement or rights issue. Analysts say there are concerns that the value of shares held by existing shareholders would be diluted due to fund raising. (Reuters)
11.43 am IST Ramco Systems shares surge 5% on new contractRamco Systems Ltd said that it has secured an order from Papillon Grand Canyon Helicopters to install Ramco Aviation Suite V5.8 for maintenance and engineering operations of its fleet. Ramco Systems shares surged 5.47% to Rs554.45.
11.40 am IST Tata Motors shares rise on December sales dataTata Motors Ltd said that its domestic commercial vehicle and passenger vehicle sales rose 52% to 54,627 units in December. Domestic commercial vehicle sales increased 62% to 40,447 units. Domestic passenger vehicle sales were up 31% to 14,180 units. Export sales at 6,044 vehicles, up 26%. Shares rose 1.46% to Rs431.60.
11.38 am IST Factory PMI expands at fastest pace in 5 years in DecemberIndia’s factory activity expanded at the fastest pace in five years in December, buoyed by a rise in output and new orders, which allowed firms to raise prices.
Factory PMI expands at fastest pace in 5 years in December https://t.co/YALdPcfrOC
— Livemint (@livemint) January 2, 2018
11.35 am IST Acrysil shares gain on stake purchaseAcrysil Ltd rose 2% to Rs601.85 after the company said it has acquires additional 3.75% stake in UK-based Homestyle Products Ltd for Rs27.3 crore in a debt-free, cash-free deal.
10.55 am IST Anil Ambani group stocks trade lowerAnil Ambani Group stocks fell. Reliance Communications Ltd fell 5.2%, Reliance Power Ltd 3.9%, Reliance Infrastructure Ltd 1.4%, Reliance Capital Ltd 0.5%, Reliance Naval and Engineering Ltd 0.5%.
10.53 am IST Lovable Lingerie shares rise on buyback planLovable Lingerie Ltd rose 2.4% to Rs243.70 after the company said its buyback to open on 8 January and close on 19 January. The company has offered to buy back up to 20 lakh shares at Rs250 per share.
10.50 am IST Prestige Estate shares gain 2% on stake purchasePrestige Estate Ltd rose 2% to Rs323.40 after the company said it will buy Capitaland’s stake in various entities for Rs342 crore.
10.48 am IST Thermax shares gain on new orderThermax Ltd rose 4.2% to Rs1,258 after the company said it has received an order worth Rs327 crore order for a co-generation power plant.
10.25 am IST Market updateBSE Sensex traded lower by 24.22 points, or 0.07%, to 33,788.53, while the Nifty 50 fell 16.50 points, or 0.16%, to 10,419.05.
10.20 am IST Eicher Motors shares fall 2%Eicher Motors Ltd fell 2% to Rs29,300. The company reported Royal Enfield’s total December sales up 17% at 66,968 units. Total exports up 48% at 1,601 units versus 1,082 units.
10.18 am IST TVS Motor shares gain over 3% on sales dataTVS Motor Co. Ltd rose 3.1% to Rs790.25 after the company said its total December sales up 39% at 256,909 units from 184,944 units (year-on-year or y-o-y). Meanwhile, two-wheeler sales are up 37.9% at 247,630 units from 179,551 units (y-o-y).
10.15 am IST Bajaj Auto shares rise on December sales dataBajaj Auto Ltd rose 1.5% to Rs3,341 after the company said its December sales rose 30% from a year ago to 292,547 units.
9.38 am IST Salil Parekh to take over as Infosys CEO todayInfosys Ltd rose 0.7% to Rs1041.80. Salil Parekh will take over as Infosys CEO, MD today.
9.35 am IST Anil Ambani group stocks trade higherAnil Ambani Group stocks are trading higher. Reliance Naval and Engineering Ltd rose 9.2%, Reliance Power Ltd rose 5.3% and Reliance Capital Ltd rose 1.5%.
9.33 am IST ONGC shares gain on rising oil pricesOil and Natural Gas Corp. Ltd rose 1.7% to Rs195.78 after international crude oil prices gains.
9.30 am IST Rupee opens marginally higher against US dollarThe Indian rupee on Tuesday was trading marginally higher against US dollar in opening trade, tracking gains in the Asian currencies. The rupee was trading at 63.67 a dollar, up 0.01% from its Monday’s close of 63.68. In the year 2017, the rupee gained 6.35% and Sensex rose 28%, while foreign institutional investors have bought $7.73 billion and $23.27 billion in equity and debt, respectively.The government will auction a new 10-year government security as part of its weekly auction, RBI notified on Monday. The 10-year bond yield was at 7.364% compared to its previous close of 7.337%.
9.30 am IST Market openBSE Sensex opened higher by 100.8 points, or 0.29%, to 33,913.55, while the Nifty 50 rose 42 points, or 0.40%, to 10,477.55.