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With its Mitsubishi JV beginning operations this quarter, analysts expect meaningful revenue addition
The company feels that it has the first mover advantage and is now gearing up to face the competition by consolidating its presence through rapid expansion.
Agressive buying in late noon deals helped the index touch the day's high at 17,366 - up 388 points from Wednesday's close. The index finally ended with a gain of 375 points at 17,353. The market breadth was fairly positive - out of 2,755 stocks traded, 1,772 advanced, 909 declined and the rest were unchanged.
The index touched a high of 17,015 - up 389 points from the day's low. The Sensex finally ended with a gain of 225 points at 16,978. The market breadth was marginally positive - out of 2,750 stocks traded, 1,425 advanced, 1,239 declined and 86 were unchanged on Wednesday.
The sentiment around Indian equities remains positive and unchanged.
According to an M&S spokesperson, the 35 per cent price cut and an expansion in its store network will help the brand in widening its customer base.
As an overnight producer of nearly 10 per cent of the world's Scotch whisky, Vijay Mallya has moved to a global liquor arena.
Being on an ego trip while investing in the stock market can lead to huge losses.
Police have registered an FIR against six people under blasphemy law on the complaint of Mahinder Paal Singh, a resident of Multan district of Punjab.
Four French Rafale fighter aircraft and a contingent of about 70 French airforce personnel on Saturday landed at Jodhpur airbase to participate in the 10-day long joint air exercise "Garuda-5".
Swiss watch brand Rado expects India to be among its top five markets by the next two years. Globally, China is the company's biggest market while India ranks among the top 10.
India captain Virat Kohli fell out of the top-10 while Ashwin climbed up the bowlers and well as the all-rounders' chart
Pakistan show rare consistency to scale T20 summit
Aiming to get the first mover's advantage, Mahindra & Mahindra said on Wednesday it will launch the hybrid version of its Sports Utility Vehicle Scorpio by next year.
Fresh buying in banking and realty stocks helped the index to touch a day's high of 15,733 - up 375 from day's low.
The index finally ended with a gain of 99 points at 16,415. The NSE Nifty finished with a gain of 35 points at 4,870. HDFC soared 5.6% to Rs 2,569. Ranbaxy surged 4.7% to Rs 529. BHEL gained 3.9% at Rs 1,662.
The index touched a day's high of 17,293 in noon deals. The Sensex finally ended with a gain of 13 points at 17,243. The market breadth was positive - out of 2,795 stocks traded, 1,710 advanced, 1,009 declined and 76 were unchanged on Wednesday. The NSE Nifty settled with a gain of 13 points at 5,118 points.
Boosted by a rally in stocks, total market valuation of listed companies at the National Stock Exchange hit the Rs 100 lakh crore-mark on Wednesday.
The Sensex opened with a positive gap of 61 points at 16,782. It finally ended with a gain of 405 points at 17,126. Bharti Airtel zoomed 9.6% to Rs 925 and RCom soared 8.3% to Rs 577. ICICI Bank surged 4.5%, HDFC and SBI rallied 4% each, Satyam, NTPC and Larsen & Toubro were up over 1% each and ITC, ONGC, R-Energy, Wipro, Tata Steel, BHEL and M&M were other gainers. ACC dropped nearly 2% to Rs 783 while Maruti and DLF were down around 1%.
The Sensex opened 52 points lower at 16,687, and soon slipped to a low of 16,598. The Sensex finally ended with a gain of 45 points at 16,784. The NSE Nifty moved up 12 points to close at 5,049. BHEL and Jaiprakash Associates soared 5.5% each to Rs 1,872 and Rs 246, respectively. ACC, ONGC and Cipla gained 2.3% each at Rs 819, Rs 1,054 and Rs 231, respectively. HDFC, ICICI Bank, ITC, DLF, L&T, Tata Motors and Ambuja Cements were other gainers. TCS slumped 10.6% to Rs 887.
The Sensex opened with a positive gap of 130 points at 16,611. It finally ended with a gain of 258 points at 16,739. The NSE Nifty gained 79 points to close at 5,037. Tata Steel soared 8.6% to Rs 777. Jaiprakash Associates surged 7.3% to Rs 233. Reliance Communications rallied 5.5% to Rs 559. Ranbaxy and Bharti Airtel moved up nearly 4% each to Rs 499 and Rs 854, respectively. HDFC Bank, SBI and ICICI Bank advanced 3.5% each to Rs 1,445, Rs 1,741 and Rs 864, respectively.
Agressive buying towards the end saw the index zoom to a high of 14,663 - up 158 points. The Sensex finally ended with a gain of 146 points at 14,651.
The Sensex opened with a positive gap of 135 points at 16,289. It finally ended with a gain of 90 points at 16,244. The NSE Nifty closed with a gain of eight points at 4,887. Infosys zoomed 6% to Rs 1,600. Wipro surged 5.4% to Rs 447. Satyam and TCS ended on a flat note at Rs 454 and Rs 974, respectively. Reliance Communications, ICICI Bank and ITC, Reliance Energy and Hindalco were other gainers. Ambuja Cements dropped 3.6% to Rs 112. BHEL declined over 3% to Rs 1,778.
The BSE market breadth was positive - out of 2,785 stocks traded, 1,650 advanced, 1,076 declined and 59 were unchanged on Tuesday.The Sensex finally ended with a gain of 156 points at 17,806. The NSE Nifty gained 69 points at 5,270
After dropping to a low of 16,726 in noon deals on profit-taking, the Sensex finally ended with a gain of 341 points at 16,949. The NSE Nifty moved up 91 points to 4,929. The BSE market breadth was fairly negative - out of 2,741 stocks traded, 1,909 declined, 798 advanced and 34 were unchanged on Wednesday.
Bharat Earth Movers Ltd has bagged Rs 800 crore (Rs 8 billion) orders from Ministry of Defence for various ground support high-mobility vehicles.
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
With the markets at an unprecedented height, it may be a good time to restructure your bag of stocks.
Reliance Energy zoomed nearly 8% to Rs 1,206. Tata Steel soared 7% to Rs 850.
The NSE Nifty moved up 74 points at 4,524. The market breadth was positive - out of 2,716 stocks traded, 1,830 advanced, 809 declined, and 77 were unchanged. The index finally ended with a gain of 296 points at 15,185.
India and France would start a 10-day joint Air exercise 'Garuda-5', aimed at training the pilots and crew of Indian and French fighters in air superiority operations in Rajasthan's Jodhpur airbase from June 3, IAF sources said.
The Sensex finally ended the three-day winning streak with a marginal loss of 21 points at 15,290. The NSE Nifty ended 15 points down at 4,497.
The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.
The NSE Nifty ended up 35 points at 4,249.
