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Sovereign Gold Bond Scheme’s sixth series opens next week: Should you invest? All you need to know

Sovereign Gold Bonds 2018-19 (Series VI) will be opened for the period from February 4 to 8, 2019. The bond’s issue price during this subscription period would be Rs 3,326 per gram with settlement date February 12, this year, the government said. The government in consultation with the Reserve Bank of India (RBI) has decided

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Sensex erases gains, Nifty ends below 10,900; Yes Bank, IndusInd Bank zoom up to 2%

The domestic stock markets –Sensex and Nifty–erased gains in the afternoon trade on Wednesday, on mixed cues. The Sensex ended 2.96 points higher at 36,321.29, while the Nifty closed below the 10,900-mark. Yes Bank shares closed 2.19% higher at Rs 207.40 on the BSE, while IndusInd Bank shares ended 1.86% higher at Rs 1,524.55, to

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Sensex ends 156 points lower; Nifty near 10,750; Jet Airways up 17%; DMart plunges

The stock markets made a mild recovery in the afternoon trade on Monday. Sensex ended 156.28 points lower at 35,853.56 while Nifty closed 57.35 points lower at 10,737.60. Jet Airways share price zoomed by more than 17% intra-day to Rs 297. D-mart shares ended 11% lower at Rs 1,395.75. Asian shares turned down on Monday

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Sensex ends 106 points down, Nifty below 10,850; Kotak Mahindra, IndusInd Bank slump

After opening the day with minor gains, Sensex and Nifty ended lower on Thursday. Sensex ended 106.41 points lower to 36,416.50, while the Nifty ended below that 10,850-mark. Kotak Mahindra Bank and IndusInd Bank shares emerged among the biggest losers in the Sensex. IndusInd Bank share lost nearly 3% intra-day to Rs 1,555 after the firm reported Q3

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Sensex ends 572 points down, Nifty below 10,600; Maruti Suzuki down 4.9%

After opening lower, Sensex and Nifty extended losses on Thursday afternoon, as financial and auto heavyweights dragged the indices. The 30-share Sensex ended the day 572.28 points lower at 35,312.13, while the broader Nifty 50 ended below the 10,600-level. Earlier, Sensex and Nifty opened negative on Thursday on weak global cues and after RBI refused to soften

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Sensex, Nifty end higher for 2-days straight; Infy, TCS gain 2%; Yes Bank slips 2.5%

Buoyed by healthy buying in index heavyweights like Infosys, Tata Consultancy Services, IndusInd Bank, Maruti Suzuki and SBI, among others, the Sensex and Nifty gained for the second consecutive day, despite weak global cues and depreciation in the rupee. According to market observers, some caution prevailed ahead of derivatives expiry and the release of India’s gross domestic product data

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Sensex sheds 275 pts, Nifty holds 10,600; TCS, Infosys top losers; Yes Bank up 3%

Sensex and Nifty closed in the negative territory on Wednesday, extending losses for the second consecutive session, on the back of weak global cues, along with foreign fund outflows and heavy selling pressure in IT, media, auto, metals and FMCG stocks. However, Brent crude’s fall to one-year low in the global market, coupled with value buying

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Sensex soars 718 pts, Nifty ends at 10,250; ICICI Bank gains 11%, Tata Power up 13%

Sensex and Nifty — the benchmark indices of the domestic equity markets — extended gains led by healthy buying in all sectors led by PSU banks, pharma, IT, media and metal stocks. The BSE Sensex surged over 800 points to an intra-day high of 34,154.60 points, while the NSE Nifty jumped over 220 points to scale a

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Sensex ends 340 pts lower, Nifty near 10,000

In a volatile session witnessed on Friday, the 30-share Sensex closed 340 points lower led by viscious sell-off in heavyweights such as Yes Bank, Axis Bank and ITC, among others. The Sensex closed the day at 33,349.31. The broader Nifty 50 held on to the 10,000-mark, after opening the day above the psychological 10,100 mark.

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Sensex closes 181 points lower, Nifty ends below 10,250; Reliance top index drag

Sensex and Nifty — the benchmark indices of the Indian stock markets — slipped into the negative territory during the last hour of trade, extending losses for the second consecutive session on Monday. Profit booking by investors, along with a weak rupee on the back of rising crude oil prices, and consistent outflow of foreign