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Sensex Jumps Over 450 Points, Nifty Touches 11,250 As Auto, IT Stocks Lead Gains
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 28, 2020Domestic stock markets jumped more than 1 per cent on Tuesday amid buying across sectors, as equities across Asia gained on hopes that another flood of US stimulus would cushion the global impact of renewed coronavirus outbreaks. The S&P BSE Sensex index gained 459.01 points to touch 38,393.74 at the strongest level recorded during the session, and the broader NSE Nifty 50 benchmark climbed to as high as 11,265.00, up 133.2 points from its previous close. Strong buying interest in automobile and IT counters pushed the markets higher. -
Court Seeks Centre's Response On Plea Against Suspension Of Insolvency Laws
Press Trust of India | Tuesday July 28, 2020Centre had suspended insolvency proceedings for default in payments for a period of six months, starting 25 March -
Flipkart To Offer 90-Minute Delivery For Groceries, Home Accessories
Reuters | Tuesday July 28, 2020The said service Flipkart Quick will debut in select locations in Bengaluru, the company said, without specifying a launch date -
Domestic Silver Futures Jump To Record Rs 67,560 Mark
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 28, 2020For the September 4 contract, the average silver price currently stands at Rs 66,340.46, as against Rs 64,982.62 on Monday. -
Sensex, Nifty Extend Gains Led By Buying In Auto, IT Shares
Edited by Abhishek Vasudev | Tuesday July 28, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Auto index's 2.6 per cent gain. -
Kotak Mahindra Bank Recoups Losses Of 2% Post March Quarter Earnings
Edited by Peter Noronha | Tuesday July 28, 2020Kotak Mahindra had, during market hours on Monday, reported an 8.51 per cent decline in net profit to Rs 1,244.45 crore in the quarter ended June 30 -
Indian Oil, France's Total Form Joint Venture To Make Superior Quality Bitumen
Reuters | Tuesday July 28, 2020The joint venture will set up manufacturing units across the country and also explore the possibility of catering to other South Asian markets. -
Sensex Hovers Near 38,000 As Auto, IT Stocks Trade Firm
Edited by Peter Noronha | Tuesday July 28, 2020Domestic stock markets are firm in mid-morning trading, albeit off the highs of the day, thanks to buying interest in auto and information technology stocks. -
Gold Price Today: Gold Futures Cross Rs 52,410 Mark To New All-Time High
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 28, 2020Gold Price Today: At 10:20 am, the MCX gold futures traded with a gain of Rs 178 - or 0.34 per cent - at Rs 52,279. -
Tech Mahindra Gains Nearly 6% On Jump In June Quarter Earniings
Edited by Peter Noronha | Tuesday July 28, 2020Tech Mahindra reported a net profit of Rs 972.3 crore for the April-June period, marking a gain of 20.95 per cent compared to the previous quarter. -
Sensex Gains Over 200 Points, Nifty Near 11,200 Amid Buying Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 28, 2020Analysts awaited more financial results from companies to assess near-term cues for the markets. -
All You Need To Know About Latest Silver Prices
Edited by Sandeep Singh (with inputs from Reuters) | Tuesday July 28, 2020The MCX silver futures, which are due for a delivery on September 4, finished the session with a gain of Rs 4,517 - or 7.38 per cent - at Rs 65,740. Last Friday, the MCX silver futures had risen to settle at Rs 61,223. -
No Change In Petrol, Diesel Prices Across Metros On Tuesday
Edited by Peter Noronha | Tuesday July 28, 2020State-run oil marketing companies, including Indian Oil Corporation, left the prices of petrol and diesel unchanged across the metros on Tuesday. -
Sensex, Nifty Likely To Have A Strong Opening
Edited by Peter Noronha (with inputs from agencies) | Tuesday July 28, 2020The domestic stock markets are likely to open in the green, following two successive days of losses, following strength in global markets and positive indications from SGX Nifty. -
Indigo Cuts Up To 35% Pay Of Senior Staff As It Reworks "Best-Laid Plans"
Edited by Abhik Deb (with inputs from agencies) | Monday July 27, 2020From May onward, IndiGo had already implemented pay cuts of up to 25 per cent for its senior employees.
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