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The 30-share Sensex ended 468 points higher at 61,806, while its broader peer, Nifty 50, ended above the 18,400 mark.

Incorporated in 1969, Elin Electronics is a leading electronics manufacturing services provider. It manufactures and assembles a wide array of products and provides end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India. It is also one of the largest fractional horsepower motors manufacturers in the country.

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Further, in case of crypto exchange Zanmai Labs Pvt Ltd, known as WazirX, assets worth Rs 289.68 crore have been seized from the exchange and its Directors for violation of the provisions of the foreign exchange management act (FEMA), Chaudhary said.

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"All major triggers such as central bank policy announcements and inflation data are behind us, and nothing major is expected till the end of December, so traders largely remained on the sidelines," said Yogesh Kalinge, vice president at AK Capital Services.

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Jitendra Arora on 3 themes one should bet on in 2023

Updated at : 2022-12-19 17:30:03

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"I believe the earnings for the defence based stocks will remain good because we can clearly see the government’s focus on more and more indigenisation. So more and more production is likely to move onshore. We are likely to start making newer things which we are perhaps not making today. So from that perspective, clearly the sector is very well poised "

Stock market update: Nifty Auto index advances 1.59%

Updated at : 2022-12-19 17:30:03

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The Nifty Auto index closed 1.59 per cent up at 12978.8.

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For the year, 11 of the 15 index constituents of the BSE auto pack look poised to settle in the green, with gains of up to 65%, with TVS Motors and Tube Investments leading the table. On the other hand, Samvardhana Motherson International (down 53%), UNO Mind (down 13%), Tata Motors (down 13%) and Balkrishna Industries (down 8%) have posted cuts.

Crompton Greaves Consumer Electricals key Products/Revenue Segments include Electrical Consumer Durables, Lighting Products, Scrap, Sale of services and Export Incentives for the year ending 31-Mar-2022.

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