stocks News

Auto stocks and hope on dstreet pulls Sensex up by 300 points

Auto stocks and hope on dstreet pulls Sensex up by 300 points

Mumbai: Broadly positive global cues, along with likelihood of a stimulus package and hopes of healthy quarterly Q2 results, pushed the Indian equity markets higher on Wednesday.Both the key indices, the S&P BSE Sensex and the NSE Nifty50, made healthy gains during the day's trade session.Buying...

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Tata Motors stocks take a beating after lower JLR sales

Tata Motors stocks take a beating after lower JLR sales

Mumbai: Stocks of Tata Motors on Wednesday traded nearly 4 percent in the red with a total traded quantity of 40.32 lakh shares on the Bombay Stock Exchange.The counter saw heavy volumes after the company announced second quarter results on Tuesday. The company found sales lower by 16 percent in the...

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Gold Jewellery and investment picking up, stocks of Titan shimmers

Gold Jewellery and investment picking up, stocks of Titan shimmers

Mumbai/Chennai: Want to know if Gold sales in India is recovering from Covid-induced lockdown? Titan Industries offers a cue to that answer.The company informed stock exchanges of its second quarter update on Wednesday. The second quarter refers to sales in the months of July-August-September.The sa...

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IndusInd deposits grew 10 pc in Q2, stock trade up by 3 percent

IndusInd deposits grew 10 pc in Q2, stock trade up by 3 percent

Mumbai: Stocks of private lender IndusInd Bank grew by 3.37 percent in intra-day trading or Rs 20.30 to quote Rs 621.85 per share. The stock is far from 52 week high of Rs 1,596.35 set during December last year.On Monday, IndusInd Bank reported to the exchanges data pertaining to net advances and de...

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Covid Impact: BSE Chief explains how broking and trading activity got a boost in tough times

Covid Impact: BSE Chief explains how broking and trading activity got a boost in tough times

Mumbai: Despite Covid-induced moderation, India's economic fundamentals remain strong, thereby retaining investors' interest, contended the chief of the Bombay Stock Exchange.In a conversation with this news-agency, BSE MD and CEO Ashishkumar Chauhan pointed out that rising investor participation in...

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Infosys completes acquisition of GuideVision in Europe

Infosys completes acquisition of GuideVision in Europe

Bengaluru (Karnataka): Infosys said on Monday it has completed the acquisition of Czech Republic-based GuideVision, an enterprise service management consultancy specialised in offering strategic advisory, consulting, implementations, training and support on the ServiceNow platform.Through the acquis...

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Tech stocks like TCS, Infy, Wipro, Mastek are soaring, here's why

Tech stocks like TCS, Infy, Wipro, Mastek are soaring, here's why

Mumbai: Tech stocks saw a major rally on Monday.Stocks of Tata Consultancy, Infosys, Wipro, Mastek and other leading names reported a gain during the trade.The BSE Information Technology index made a 4.06 percent intra-day gain, the highest after BSE Metal (up by 2.5 percent) and BSE Teck (3 percent...

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Adani completes 75 percent acquisition stake in Krishnapatnam Port for Rs 12,000 crores

Adani completes 75 percent acquisition stake in Krishnapatnam Port for Rs 12,000 crores

Mumbai: Adani Ports (APSEZ) on Monday informed the exchanges of completion of a strategic investment in Krishnapatnam Port (KPCL)APSEZ said the acquisition of KPCL was completed for Rs 12,000 crores. The deal was first reported to the exchanges as on Jan 3, 2020.  With the announcement, APSEZ w...

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TCS board to decide on EPIC buyback this week

TCS board to decide on EPIC buyback this week

New Delhi: Technology major Tata Consultancy Services (TCS) has informed exchanges of a board meeting related to buyback of shares.A buyback could be evaluated by the board during a meeting on October 7.The buyback, if approved, would involve an amount of Rs 1,218 crore as an exceptional item in the...

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2nd investment from Mubadala, Reliance Retail hits valuation of 4.285 lakh crores

2nd investment from Mubadala, Reliance Retail hits valuation of 4.285 lakh crores

Mumbai: Reliance Retail has officially announced that it has truck a valuation of Rs 4.285 lakh crores. That, after back to back investments from Silver Lake, General Atlantic and Mubadala.  On Thursday, Reliance announced in a filing report of Abu Dhabi's Sovereign Fund - Mubadala, agreeing to...

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