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bse Sensex
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Sensex soars 386 pts, Nifty reclaims 10,700

Benchmark equity indices snapped their two-day losing streak on Friday on account of low-level buying. The BSE Sensex rallied nearly 400 points, while the NSE Nifty index reclaimed 10,700-mark. In the Nifty 50-pack, GAIL, Titan, Hindalco, Bajaj AutoNSE 3.47 % and Tata SteelNSE 3.52 % rallied up to 5 per cent. On the other hand,

Currency, Ruppee
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Rupee regains 60 paise vs US dollar from all-time low per USD after RBI taps forex market

The Indian rupee regained nearly 60 paise vs US dollar from an all-time low level of 69.09 per USD in the early deals on Friday at the foreign exchange market, possibly after the Reserve Bank of India (RBI) intervened with an aim to arrest further plunge. According to the latest rupee to dollar exchange rate today on Bloomberg,

Exide Industries
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Exide in JV with Swiss firm for lithium-ion batteries

Eyeing India’s electric vehicle market and grid-based applications, the country’s largest storage battery maker Exide Industries has formed a joint venture with Switzerland-based Leclanché, one of the world’s leading energy storage solution companies, to make lithium-ion batteries. The joint venture has been formed between Exide and Leclanché in a 75:25 ratio. Significantly, the JV company’s

sensex and nifty
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The Nifty has managed to end the series below 10,600 as well, while the Sensex closed just above 35,000

Dragged by factors such as weak rupee, crude surge, trade war fears and others, the market has ended the June series on a subdued note. The market ended the session and June series with major cuts. The Sensex lost close to one percent, while the Nifty corrected over 1.5 percent for the series under review.

sensex and nifty
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Banks, oil, infra stocks drag Sensex 273 pts; Nifty ends below 10,700 ahead of F&O expiry

Benchmark indices ended sharply lower amid weak global cues, dragged by oil, banking & financials and infra stocks. The 30-share BSE Sensex fell 272.93 points to 35,217.11 and the 50-share NSE Nifty declined 97.80 points to 10,671.40 while the Nifty Midcap index shed 277 points on weak market breadth. About four shares declined for every share rising

Sriram transport finance
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Shriram Transport Fin to raise Rs 5,000 crore via NCDs

Shriram Transport Finance Company (STFC) is planning a public issue for an amount of upto Rs 5,000 crore through secured redeemable non-convertible debentures (NCDs). Over the past week several large companies — Tata Steel, Ultratech Limited and Idea Cellular — have announced NCD issuances. While commercial banks had been lowering their lending rates in the early part of

bse sensex
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Sensex, Nifty end flat but Midcap index underperforms; IDBI Bank dips 6%

Benchmark indices ended flat after volatility, with the Sensex closing below 35,500 levels. TCS, HDFC, ITC and Infosys helped the market close higher while Reliance Industries and Tata Motors capped gains. The 30-share BSE Sensex rose 19.69 points to 35,490.04 and the 50-share NSE Nifty gained 6.70 points to 10,769.20. Nifty Midcap index slipped 35 points. More than two shares declined

sensex and nifty
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Selloff in auto, banks & pharma drags Sensex down by 200 points, Nifty below 10,800

Sharp selloff in the final hour of trade dragged equity benchmarks lower on Monday, with the Nifty giving up 10,800. Weakness in banks, automobiles and pharma, among others weighed on the bearish sentiment on D-Street. The session began on a subdued note, in line with global cues, even as Nifty and Sensex traded around flat

Long term buy call
Bse stocks
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BSE Sensex soars 300 pts on last hour buying; Nifty50 above 10,800; HDFC twins, banking stocks lead gains

Last hour buying on the domestic bourses sent the BSE Sensex soaring by over 300 points and NSE Nifty50 almost 100 points higher. According to market experts, good buying in the HDFC twins and most banking stocks added to the upward trajectory of both the key indices. The benchmark BSE Sensex settled at 35,689.60 points, up 257.21