Nifty surged about 0.49 per cent and closed near the day’s high. Sensex gained nearly 300 points.

IndusInd Bank has joined hands with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances to India using UPI IDs, for its Money Transfer Operator (MTO) partners.

An overall increase in construction and infrastructure activities combined with structural reforms introduced by the government has created a very conducive environment for infra-activity, responds Gandharv Tongia, CFO, Polycab India Ltd. 

Shares of homegrown pharma major, Lupin Limited were trading higher by 2 per cent intraday today after the company received approval from the United States Food and Drug Administration (USFDA) for Sevelamer Carbonate oral suspension. 

I think whatever we have achieved in terms of operating margins and working capital efficiency, we are maintaining that trend, says Sanjay Jain, CEO, PDS Multinational Fashions Limited.

Interestingly, the stock, after a strong move on Monday, is seen sustaining above its important short-term moving average i.e., 20 and 50-DMA.

The private sector bank saw the steepest fall in its share price today over the news of RBI appointing Yogesh Dayal as an Additional Director on the Board of the Bank for a period of two years till December 23, 2023, or till further orders, whichever is earlier. 

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