Shares of IFGL Refractories surged 9 per cent in intraday trade on the BSE on Wednesday to hit a 52-week high of Rs 267 after the company said rating agency ICRA has upgraded credit rating assigned to the company's Rs 173 crore line of credit with a stable outlook. The stock had hit a record high of Rs 374 in January 2018.

Gold price today climbed to Rs 53,240 from Rs 53,230 per 10 gm, while silver price was trending at Rs 68,200 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

Shares of Adani Gas hit a new high of Rs 390, up 4 per cent on the BSE in intra-day trade on Wednesday in otherwise range-bound market. The stock of Adani Group integrated oil & gas company surpassed its previous high of Rs 382.50 touched on December 3, 2020. In comparison, the S&P BSE Sensex was up 0.04 per cent at 47,633 levels at 10:58 am.

In the past three months, Adani Gas has zoomed 106 per cent, as compared to 25 per cent rise in the S&P BSE Sensex during the same period. The stock has skyrocketed 408 per cent from March low of Rs 76.70 on the BSE.

The rupee appreciated by 9 paise to 73.33 against the US dollar in opening trade on Wednesday supported by sustained foreign fund inflows and weakness in the American currency in the overseas market.

At the interbank forex market, the domestic unit opened at 73.35 against the US dollar, then inched higher to 73.33 against the greenback, registering a rise of 9 paise over its previous close.

Amid declining cases, the new and more infectious coronavirus strain has entered Uttar Pradesh. A two-year-old girl in Meerut has been found infected with the mutated COVID-19 strain.

The girl returned from London with her parents and her sample was sent to Delhi for investigation. After this, the health department of the entire state has come into alert mode.

Bharat Biotech said on Tuesday that its vaccine candidate -Covaxin - can offer protection against mutations of coronavirus. Bharat Biotech Chairman and Managing Director Krishna Ella said the protein components of inactive Covaxin will take care of mutations.

His comments came amid growing concerns over new strains of coronavirus SARS-CoV-2, especially the variant that was detected recently in the UK.

The Chinese Air Force has conducted heavy deployment of missiles and radars in support of the aggression by their Army along the Eastern Ladakh border, Air Chief Marshal RKS Bhadauria said on Tuesday adding that his service has taken all the required actions to handle the situation.

IAF Chief RKS Bhadauria was addressing a webinar on 'National Security Challenges and Air Power' organised by Vivekanand International Foundation.

The Centre and the farmers' unions will hold the next level of talks today at 2 pm at Vigyan Bhavan in New Delhi. On Monday, the government had invited 40 protesting farmer unions for the next round of talks on December 30. Government has said that it wants to find a 'logical solution' to the current impasse over the farm laws.

In a letter to the farmer unions, Agriculture Secretary Sanjay Aggarwal invited them for the talks at 2 pm on Wednesday at Vigyan Bhavan in the national capital.

India on Tuesday has surpassed a crucial milestone in its fight against the global pandemic as the country recorded the lowest daily rise in over six months.

Less than 16,500 daily new cases (16,432) were added to the national tally in the last 24 hours after 187 days. The daily new cases were 16,922 on June 25, 2020, according to a statement from the Ministry of Health and Family Welfare (MoHFW).

Delhi's Safdarjung recorded 3.6 degrees Celsius temperature at 8

Parts of the national capital witnessed fog this morning.

Northwest India is bracing for a chilly New Year's eve as the minimum temperatures are likely to fall in the region by three to five degrees Celsius during the next three days.

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