Market

After touching a record intra-day high of 44,271.15, Sensex ended 194.90 points or 0.44 per cent higher at 44,077.15 …

Exide Industries Ltd (EIL) has further invested an amount aggregating to Rs 33.17 crore by way of subscription to the equity share capital of its subsidiary, Exide Leclanche Energy Pvt Ltd, the company said in a regulatory filing….

Vedanta Resources sold 2,79,481 shares of Adhunik Industries at Rs 13.31 per share….

The regulator also proposed exemption from the procedure for reclassification following an open offer provided the intent of the existing promoter to reclassify has been disclosed in the letter of offer….

The IPO comprises fresh issuance of shares worth Rs 50 crore and offer for sale to the tune of Rs 500 crore by existing shareholders, according to the draft red herring prospectus (DRHP) filed with Sebi….

Rahul Sharma, market strategist and research head, Equity99 Advisors, said, “Markets settled higher on prospects of an early rollout of Covid-19 vaccines, which would prevent further lockdowns.”…

​Tuesday’s session is expected to see the levels of 12,965 and 13,000 acting as resistance levels, while support would come in lower at 12,860 and 12,800 levels….

​​Spot gold had fallen 0.4% to $1,863.21 per ounce by 1328 GMT and U.S. gold futures were 0.6% lower at $1,861.40. Britain’s AstraZeneca said its vaccine could be around 90% effective and will have as many as 200 million doses by the end of 2020. …

AstraZeneca said its vaccine could be around 90% effective, the third major pharmaceuticals company to announce successful trials this month….

Sentiment was also bolstered by expectations that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, would extend a deal to restrain output….