The Sensex was up 403.65 points at 35756.26, while Nifty was up 131.10 points at 10735.50.

Feb 20, 03:33 PM (IST)
Market at close: Indian indices bounced back and broke the 8-day losing streak on Wednesday with Nifty ended near to 10,750 mark helped by metal, IT and oil & gas stocks.

The Sensex was up 403.65 points at 35756.26, while Nifty was up 131.10 points at 10735.50. About 1468 shares have advanced, 1107 shares declined, and 161 shares are unchanged.

Top gainers include Indiabulls Housing, Vedanta, Tata Steel, Adani Ports and Hindalco Industries, while losers are Zee Entertainment, Hero Motocorp, Dr Reddy’s Labs, HUL and Bajaj Auto.

All the sectoral indices ended in green led by metal, IT, energy, infra, bank, pharma and auto stocks.

Feb 20, 03:25 PM (IST)
HCL Technologies wins contract: HCL Technologies has won a five year IT infrastructure and application services contract with EDF Luminus, the second largest electricity producer and energy supplier in the Belgian energy market.

Feb 20, 03:16 PM (IST)
Yes Bank gained 3%: Moody’s has affirmed bank’s rating, while changed outlook of the company to stable from negative.

Feb 20, 03:12 PM (IST)
Shares of oil marketing companies (OMCs) are trading higher with 3 percent gain as crude prices are trading near day’s low.

Feb 20, 02:53 PM (IST)
TRF to issue preference shares to Tata Steel: The board approved proposal to issue, offer and allot up to 25,00,00,000 12.5% NCRPS of face value of Rs10 each at par aggregating up to Rs 250 crore to Tata Steel on a private placement basis, subject to the approval of the shareholders of the company.

Feb 20, 02:39 PM (IST)
JUST IN | The company signs MoU with Neyveli Lignite: The company has signed a Memorandum of Understanding (MoU) with Neyveli Lignite Corporation of India Limited (NLCIL) in the area of power trading.

Feb 20, 02:29 PM (IST)
Market Update: Indian indices continue to trade higher but off day’ high with Nifty holding above 10,650 level.

The Sensex is up 164.88 points at 35517.49, while Nifty was up 55.90 points or 0.53% at 10660.30. About 1291 shares have advanced, 1083 shares declined, and 127 shares are unchanged.

source: moneycontrol.com