Stock Market
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Indian stock markets rise on Thursday
Mumbai: The Indian stock indices went up on Thursday with the BSE Sensex gaining 1,041.47 points and the NSE Nifty 287.80 points. The Sensex closed at 56,857.79 points while the broader Nifty…
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Sensex, Nifty slide nearly 1 pc on losses in IT, banking shares
Mumbai: Benchmark BSE Sensex and Nifty slid by nearly 1 per cent on Tuesday due to profit booking in IT, banking and FMCG shares ahead of the expected aggressive rate hike by…
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Markets fall in early trade dragged down by Reliance, weak global equities
Mumbai: Benchmark indices fell in early trade on Monday with the BSE Sensex declining over 255 points, largely dragged down by Reliance Industries and weak global equity markets. The 30-share BSE benchmark…
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Multi bagger Dhruva Capital gains 205% in a month
New Delhi: Dhruva Capital stock has given 205 percent returns in the last month. The stock which was trading at Rs 7.54 on June 22 jumped by 205 percent in a month…
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ICICI Bank Q1 profit zooms 50% to Rs 6,905 cr
New Delhi: ICICI Bank on Saturday reported a 50 percent jump in net profit to Rs 6,905 crore in the first quarter of the current fiscal aided by a decline in bad…
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Snapchat loses $10 bn as stock hits new 52-week low
San Francisco: Snap, the parent company of Snapchat, suffered nearly $10 billion loss after its shares hit a new 52-week low over disappointing quarterly results (Q2) amid poor future forecast. The company’s…
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FIIs turning positive boosts stock markets
New Delhi: FIIs turning positive after a very long time, along with strong results, kept the momentum strong for domestic stock markets during the week. Domestic equities continued its northbound journey on…
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Sensex extends gains for 6th day to reclaim 56k mark; bank, finance stocks shine
Mumbai: Equity benchmark Sensex stretched its winning run to the sixth straight session on Friday to reclaim the 56,000-level due to robust gains in banking and financial stocks amid a largely positive…
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Reliance Jio posts robust set of numbers for Q1 FY23
Mumbai: Reliance Jio posted a robust set of numbers for Q1 FY 23 results announced on Friday. As per the results, Reliance Jio revenue from operations jumped 21.6 percent to Rs 21,873…
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Rupee rises 20 paise to close at 79.85 against US dollar
Mumbai: The rupee recovered from its all-time low of 80.06 to close 20 paise higher at 79.85 (provisional) against the US dollar on Thursday following overall weakness in crude oil prices and…
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Sensex, Nifty spurt over 1 pc as windfall tax cut, FII inflows lift mood
Mumbai: Benchmark BSE Sensex rallied over 1 percent while Nifty closed above the 16,500 mark on Wednesday after sharp gains in IT, oil & gas and metal shares amid positive global market…
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Reliance Industries shares climb over 4 pc; ONGC jumps 7 pc
New Delhi: Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel,…
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HDFC Bank first quarter profit rises 19 per cent to Rs 9,196 crore
Mumbai: HDFC Bank on Saturday said its net profit rose by 19 per cent year-on-year to Rs 9,196 crore for the quarter ended June 30, 2022. The bank’s core net revenue (excluding…
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Rupee slips 14 paise to fresh low of 79.59 per US dollar
Mumbai: The rupee weakened by 14 paise to close at a new lifetime low of 79.59 against the US dollar on Tuesday as a strong greenback overseas and persistent foreign fund outflows…
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Small-cap indices witness sharp correction from the highs of Oct’21
New Delhi: Small-cap indices have corrected sharply from the highs of October 2021. While the Nifty-50 declined 15 percent from its October 2021 peak against a 20 percent decline in midcaps and…