Hindalco arm Novelis to buy US-based Aleris in $2.58 billion deal

Idea stock gains 4% after government gives final approval to Vodafone-Idea merger.

Bharat Financial Inclusion drops after profit declines in Q1FY19.

Maruti Suzuki stock falls 3% Q1FY19 profit miss.

SC to consider allowing Petcoke import for steel, aluminium companies. ACC (+4%), India Cements (+3.5%), UltraTech, JK Cement (+2.5%).

Indiabulls Housing Finance hits 3-month high. Stock rises 3%.

PSU Bank index gains over 4%. Canara Bank (+8%), SBI, Indian Bank (+7%), BoB (+5%), xPNB (+2%).

Blue Star stock advances 3% on order win.

Ambuja Cements stock jumps 6% as Q2CY18 profit beats estimates.

*Block deals*

ICICI Bank ended 4 per cent higher at Rs 285.80 apiece on BSE after 10 lakh shares were traded in a single block deal ahead of Friday’s June  quarter earnings.

Crompton Greaves settled 1% higher at Rs  237.80 after 14.5 lakh shares changed hands in a single block.