Today’s top morning headlines - 12th January 2024

Good afternoon

Markets are trading in the green, with the NIFTY50 trading above 21,800 as of 12:45 pm. Here are the top stories for the day!

Top gainer: Infosys: 1,609 ▲ 115 (+7.7%)
Top loser: Apollo Hospital: 5,777 ▼ 92 (-1.5%)

:star: Tata Consumer up 1.5% on acquisition plans
Shares of the FMCG company are up 1.5% today. This comes after the reports claimed that the company is all set to acquire Ching’s Secret-maker Capital Foods and Organic India.

:star: Bank of India shares surge 5%
Shares of the state-owned bank are up 5% today. The lender has reportedly hiked the lending rates by 5 to 10 basis points. This hike will come into effect from 15 January 2023.

:star: Bajel Projects gains on new order win
Shares of Bajel Projects rose 3.3% today after the company bagged an order worth ₹488 crore from Tata Power. As part of the order, the company will supply plant and installation services for engineering, procurement, construction & commissioning of transmission lines and GIS substations.