"tata-steel"

The Nifty50 on the National Stock Exchange was trading at 15,781.00, lower by just 9.45 points or 0.06 per cent from its previous close.

The National Company Law Tribunal (NCLT) will have to next approve the resolution proposal.

Rising demand and higher prices will boost their operating margins by 23 per cent next fiscal, though down from 25 per cent this fiscal, leading to improved credit metrics for steelmakers, Crisil said.

The company had imported 204.55 MT of coal in April-January period of the previous fiscal year, according to provisional data compiled by mjunction services

ONGC was the top loser in the Sensex pack, shedding around 5 per cent, followed by Sun Pharma, PowerGrid, Bajaj Finance, IndusInd Bank, Dr Reddy's and Maruti.

The rise in domestic indices came on the back of a positive trend in the global markets along with robust Q3 earnings.

Similarly, the broader NSE Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75. It touched its record intra-day peak of 13,366.65 in early trade.

The 30-share BSE index was trading 173.47 points or 0.43 per cent lower at 40,512.03, and the broader NSE Nifty slipped 47.20 points or 0.40 per cent to 11,883.15.

The 30-share BSE index was trading 404.42 points or 1 per cent higher at 40,948.79, and the broader NSE Nifty rose 113.55 points or 0.95 per cent to 12,010.35.

During July-September 2020, Tata Steel India's production stood at 4.59 MT, as against 4.50 MT in the same quarter a year ago

The 30-share index was trading 452.15 points or 1.13 per cent higher at 40,331.10, and the NSE Nifty soared 117.50 points or 1 per cent to 11,856.35.