Gainers and Losers: 10 stocks that moved the most on December 18 on December 18, 2023 at 10:57 am

The benchmark indices took a break from their record-breaking run to close lower. The Sensex ended at 71,315.09 and the Nifty at 21,405.55, both down 0.24 percent each

Taking stock: Market takes breather from bull run; Nifty around 21,400, Sensex down 169 pts on December 18, 2023 at 10:16 am

Top losers on the Nifty were Power Grid Corporation, JSW Steel, ICICI Bank, ITC and Tech Mahindra, while gainers were Bajaj Auto, Adani Ports, Sun Pharma, Hindalco Industries and Reliance Industries

Siemens jumps 6% on plans to spin-off energy business on December 18, 2023 at 10:18 am

The promoters requested Siemens#39; board to consider demerging the firm’s energy business into a separate entity.

Siemens Ltd board approves plan to incorporate subsidiary to execute demerger of energy business on December 18, 2023 at 9:09 am

The BoD, at its meeting held on December 18 2023, authorised the management to commence exploratory steps as may be required to examine a potential demerger of its energy business.

Wall Street’s Bond ‘Vigilantes’ Are Back on December 18, 2023 at 10:00 am

The financial world has been debating if market appetite for buying U.S. debt is near a limit. The ramifications for funding government priorities are immense.

Sun Pharma market cap breezes past Rs 3 lakh crore, stock hits 52-week high on December 18, 2023 at 7:40 am

So far this year, Sun Pharma shares surged over 26 percent as against 17 percent rise in the benchmark Sensex

Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs on December 18, 2023 at 8:05 am

In 2018-19, Jai Balaji had an outstanding NPA of about Rs 3,000 crore, and banks subsequently sold this debt to two ARCs.

Sugar output down 11% at 74 lakh ton during October 1-December 15 of 2023-24 market year on December 18, 2023 at 8:02 am

The sugar marketing year runs from October to September.

India likely to achieve fiscal deficit target in 2023-24, says govt on December 18, 2023 at 7:50 am

The Indian government is likely to achieve the fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad said on Monday.

Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs on December 18, 2023 at 8:05 am

In 2018-19, Jai Balaji had an outstanding NPA of about Rs 3,000 crore, and banks subsequently sold this debt to two ARCs.