The headline equity benchmarks traded with modest gains in early afternoon trade. The Nifty scaled above the 25,450 mark after hitting the day's low of 25,380.80 in morning trade. Private bank shares extended gains for the fifth consecutive trading session. At 12:30 IST, the barometer index, the S&P BSE Sensex was up 215.93 points or 0.26% to 83,304.57. The Nifty 50 index rose 58.55 points or 0.23% to 25,477.10. The Sensex and Nifty clocked an all-time high of 83,315.93 and 25,481.60, respectively in early afternoon trade. In the broader market, the S&P BSE Mid-Cap index fell 0.33% and the S&P BSE Small-Cap index declined 0.15%. The market breadth was negative. On the BSE, 1,745 shares rose and 2,103 shares fell. A total of 124 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, gained 3.33% to 13.01. The Nifty 26 September 2024 futures were trading at 25,500.80, at a premium of 23.70 points as compared with the spot at 25,477.10. The Nifty option chain for the 26 September 2024 expiry showed maximum Call OI of 47 lakh contracts at the 25,000 strike price. Maximum Put OI of 114.2 lakh contracts were seen at 25,000 strike price. Buzzing Index: The Nifty Private Bank index rose 1.08% to 26,532.90. The index rallied 3.68% in five consecutive trading sessions. Bandhan Bank (up 2.35%), HDFC Bank (up 1.58%), ICICI Bank (up 1.29%), IndusInd Bank (up 1.02%), Federal Bank (up 0.91%), Axis Bank (up 0.7%), Kotak Mahindra Bank (up 0.35%), RBL Bank (up 0.34%) and City Union Bank (up 0.04%) advanced. Stocks in Spotlight: Reliance Infrastructure rallied 5.22% after the company announced significant progress in settling its outstanding debts from Rs 3,831 crore to Rs 475 crore. Ceigall India jumped 5.10% after the company said that it has emerged as lowest bidder (L1) for two projects in Uttar Pradesh for an aggregate value of Rs 2,498.5 crore. Vishnu Chemicals shed 0.29%. The company announced that it has resumed operations at Visakhapatnam plant, which was stopped for scheduled maintenance.Powered by Capital Market - Live

Reliance Infrastructure announced the settlement of disputes with Adani Electricity Mumbai and Adani Energy Solutions. There is no monetary consideration exchanged between the parties. The parties have agreed to withdraw arbitration claims against each other. As the claims and counterclaims are contingent, there is no impact on the financial position of the Company.Powered by Capital Market - Live

Reliance Infrastructure has settled and paid its entire obligations with Edelweiss Asset Reconstruction Company (Edelweiss) with respect to the Non Convertible Debentures issued by the Company, in consideration of an amount of Rs. 235 crore.Powered by Capital Market - Live

The key equity indices traded with tiny losses in early trade. The Nifty traded below the 25,400 level. FMCG, oil & gas and pharma shares advanced while realty, auto and IT stocks declined. At 09:30 IST, the barometer index, the S&P BSE Sensex was down 63.84 points or 0.05% to 82,940.57. The Nifty 50 index shed 6.60 points or 0.02% to 25,379.50. In the broader market, the S&P BSE Mid-Cap index shed 0.02% and the S&P BSE Small-Cap index rose 0.01%. The market breadth was positive. On the BSE, 1,379 shares rose and 1,233 shares fell. A total of 148 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 1,634.98 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 754.09 crore in the Indian equity market on 16 September 2024, provisional data showed. Stocks in Spotlight: Reliance Infrastructure added 2.94% after the company informed that its board is scheduled to meet on Thursday, 19 September 2024, to approve raising of long term resources from domestic and/or global markets. Torrent Power gained 2.05% after the company entered into MoU with the government of Gujarat for execution of 5GW solar, Wind or solar wind hybrid project in Dwarka. Numbers to Track: The yield on India's 10-year benchmark federal paper jumped 1.64% to 6.873 as compared with previous close 6.874. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 83.8575, compared with its close of 83.8650 during the previous trading session. MCX Gold futures for 4 October 2024 settlement shed 0.12% to Rs 73,410. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 100.70. The United States 10-year bond yield fell 0.06% to 3.622. In the commodities market, Brent crude for November 2024 settlement added 35 cents or 0.48% to $73.10 a barrel. Global Markets: Asia-Pacific stocks traded mixed on Tuesday as investors awaited for the Federal Reserve to kick off its monetary loosening cycle. Regional markets were influenced by a mixed performance on Wall Street, where technology stocks pulled down the Nasdaq Composite. Conversely, the Dow Jones Industrial Average reached a new high, driven by optimism about lower interest rates. Trading volumes were subdued due to market holidays in China and South Korea. Sentiment towards China was dampened by concerns about a potential escalation in trade tensions with the West. The Fed is set to meet Tuesday and Wednesday and is widely anticipated to lower rates for the first time since it began its hiking cycle in March 2022. Markets are pricing in at least 100 basis points of cuts this year. In the United States, the S&P 500 gained 0.13%, while the Dow Jones Industrial Average rose 0.55%, notching a record close. The tech-heavy Nasdaq Composite declined by 0.52%. Apple shares fell by 2.8% following analyst reports suggesting weaker demand for iPhone 16 Pro models compared to the previous year. Chip stocks, such as Nvidia, which led the market rebound last week, also faced selling pressure as investors took profits.Powered by Capital Market - Live

The company may issue equity shares/ equity linked securities/ warrants convertible into equity shares, by way of preferential issue and/ or qualified institutional placement and/or rights issue or any other method including determination of issue price, if any and seeking members' and other approval(s), as the board may deem appropriate. Reliance-Infra is an infrastructure company, developing projects through various special purpose vehicles (SPVs) in several high growth sectors such as power, roads, metro rail and airport in the infrastructure space and in the defence sector. On a consolidated basis, Reliance Infra reported net loss of Rs 220.58 crore in Q4 FY24 as against net loss of Rs 2,705.31 crore in Q4 FY23. Net sales jumped 11.9% to Rs 4,685.96 crore in Q4 FY24 over Q4 FY23. The scrip rose 1.51% to end at Rs 215.75 on Monday, 16 September 2024.Powered by Capital Market - Live

Reliance Infrastructure will hold a meeting of the Board of Directors of the Company on 19 September 2024.Powered by Capital Market - Live

Reliance Power Ltd, Macrotech Developers Ltd, Ethos Ltd and Vascon Engineers Ltd are among the other losers in the BSE's 'A' group today, 23 August 2024.Reliance Infrastructure Ltd lost 9.88% to Rs 212.15 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 29.77 lakh shares were traded on the counter so far as against the average daily volumes of 6.44 lakh shares in the past one month.Reliance Power Ltd tumbled 4.99% to Rs 34.45. The stock was the second biggest loser in 'A' group.On the BSE, 375.35 lakh shares were traded on the counter so far as against the average daily volumes of 121.71 lakh shares in the past one month.Macrotech Developers Ltd crashed 4.87% to Rs 1162.35. The stock was the third biggest loser in 'A' group.On the BSE, 36731 shares were traded on the counter so far as against the average daily volumes of 52150 shares in the past one month.Ethos Ltd corrected 4.71% to Rs 3015.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 12132 shares were traded on the counter so far as against the average daily volumes of 12796 shares in the past one month.Vascon Engineers Ltd pared 4.17% to Rs 71.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 14.61 lakh shares were traded on the counter so far as against the average daily volumes of 2.6 lakh shares in the past one month.Powered by Capital Market - Live

Net Loss of Reliance Infrastructure reported to Rs 233.74 crore in the quarter ended June 2024 as against net loss of Rs 672.86 crore during the previous quarter ended June 2023. Sales rose 29.26% to Rs 7192.83 crore in the quarter ended June 2024 as against Rs 5564.60 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales7192.835564.60 29 OPM %9.402.40 - PBDT269.46230.80 17 PBT-78.29-140.00 44 NP-233.74-672.86 65 Powered by Capital Market - Live

Reliance Infrastructure will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live