Read more about Indices hover near day s high on Business Standard. The key indices were hovering near the day s high in mid-afternoon trade. At 14:21 IST, the barometer index, the S&P BSE Sensex, jumped 221.24 points or 0.45% to 49,490.56. The Nifty 50 index added 82.20 points or 0.57% to 14,566.95.
Read more about Nifty slips below 14,200 mark; European shares open in green on Business Standard. The equity benchmarks extended losses and hit fresh intraday low in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, dropped 125.38 points or 0.26% at 48,312.40. The Nifty 50 index slipped 15.60 points or 0.11% at 14,183.90.
Read more about Barometers almost flat; FMCG pivotals decline on Business Standard. The broader market outperformed benchmark indices. The S&P BSE Mid-Cap index was up 0.88% while the S&P BSE Small-Cap index rose 0.66%.
ITC Limited has set itself the target to meet 100 per cent of purchased grid electricity requirements from renewable sources by 2030. In line with its philosophy of Responsible Competitiveness , the Company has adopted a low carbon growth strategy which encompasses a large renewable energy footprint. At present, ITC meets over 40 per cent of its electrical energy requirement through renewable sources like wind, solar and biomass. As a part of its Sustainability 2.0 Vision, ITC is planning to invest further in strengthening its renewable energy portfolio in order to contribute meaningfully to the fight against climate change. In its endeavour to contribute to a cleaner and greener environment, ITC has been expanding its renewable energy footprint over the past two decades. The company has already made significant investments in renewable energy assets (Wind and Solar projects combined). This will improve Renewable Energy share of company by additional 6 per cent from current
FMCG stocks were trading in the negative zone, with the S&P BSE FMCG Sector index falling 165 points or 1.29% at 12656.71 at 13:48 IST. Among the components of the S&P BSE FMCG Sector index, Venkys (India) Ltd (down 5.67%), ITC Ltd (down 2.55%),S H Kelkar & Company Ltd (down 2.46%),Eveready Industries India Ltd (down 2.3%),Associated Alcohols & Breweries Ltd (down 2.22%), were the top losers. Among the other losers were CCL Products (India) Ltd (down 2.18%), Kokuyo Camlin Ltd (down 2.02%), Godrej Consumer Products Ltd (down 1.99%), Vishwaraj Sugar Industries Ltd (down 1.88%), and EID Parry (India) Ltd (down 1.85%). On the other hand, Bajaj Hindusthan Sugar Ltd (up 6.86%), Shree Renuka Sugars Ltd (up 6.06%), and AVT Natural Products Ltd (up 4.11%) moved up.