Sensex down over 173 pts in early trade; financial stocks drag

Sensex down over 173 pts in early trade; financial stocks drag

Friday, 10 July 2020 | PTI | Mumbai

Equity benchmark Sensex dropped over 173 points in early trade on Friday, dragged by losses in financial stocks amid negative cues from global markets. After touching a low of 36,526.22 at open, the 30-share BSE Sensex was trading 173.77 points, or 0.47 per cent, lower at 36,563.92. The NSE Nifty was...

Markets resume upward march

Friday, 10 July 2020 | PTI | Mumbai

Resuming their upmove after a day’s breather, equity benchmarks posted smart gains on Thursday as buyers flocked to finance and banking counters amid buoyancy in global markets.  After touching a peak of 36,806.30 during the day, the 30-share BSE Sensex settled 408.68 points, or 1.12 per cent, higher at 36,737.69.  Similarly,...

TCS quarterly net profit falls nearly 14 pc to Rs 7,008 cr

TCS quarterly net profit falls nearly 14 pc to Rs 7,008 cr

Thursday, 09 July 2020 | PTI | Mumbai

The country's largest software services firm Tata Consultancy Services (TCS) on Thursday reported a 13.8 per cent decline in  consolidated net profit at Rs 7,008 crore in the three months ended June. It had a consolidated net profit of Rs 8,131 crore in the year-ago period, according to a regulatory filing. Revenue...

Sensex rallies 409 pts; Nifty tops 10,800-level

Sensex rallies 409 pts; Nifty tops 10,800-level

Thursday, 09 July 2020 | PTI | Mumbai

Resuming its upmove after a day's breather, equity benchmark Sensex rallied 409 points on Thursday, tracking gains in index-heavyweights HDFC twins and Reliance Industries amid positive cues from overseas markets. After touching a peak of 36,806.30 during the day, the 30-share index settled 408.68 points, or 1.12 per cent, higher at...

FinMin asks states to ensure safety of bankers, take stern action against unruly

FinMin asks states to ensure safety of bankers, take stern action against unruly

Thursday, 09 July 2020 | PTI | New Delhi

The Finance Ministry has requested states to ensure safety and security of bank officials and take stern action against perpetrators following incidences of attack on bankers in some parts of the country in the recent past. The Department of Financial Services, in a letter to chief secretary of states, said that...

Sensex jumps over 200 pts in early trade; Nifty tests 10,750

Sensex jumps over 200 pts in early trade; Nifty tests 10,750

Thursday, 09 July 2020 | PTI | Mumbai

Equity benchmark Sensex jumped over 200 points in early trade on Thursday tracking gains in financial stocks amid positive cues from global markets. After touching a high of 36,541.53 in opening session, the 30-share index was trading 190.57 points, or 0.52 per cent, higher at 36,519.58. The NSE Nifty was up...

Rs slips 9 paise to 75.02 against $

Rs slips 9 paise to 75.02 against $

Thursday, 09 July 2020 | PTI | MUMBAI

The Rs  skidded 9 paise to close at 75.02 against the US dollar on Wednesday amid rising crude oil prices and a firm greenback.  While foreign fund inflows supported the rupee, factors like a strong dollar, volatile domestic equities and rising COVID-19 cases dragged the local unit down, forex traders said.  The...

Coal India arm terms workers strike illegal, to deduct 8-days of wages

Thursday, 09 July 2020 | PTI | New Delhi

Mahanadi Coalfields Ltd , a Coal India arm, has ordered eight days wage deduction for workers who went on a three-day strike last week to protest against the government's decision to open the coal sector for private players. The company in a notice termed the three-day strike by workers from...

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