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Sensex ends 53 points higher, Nifty above 10,900; Jet Airways zooms 9%, Axis bank up 2%

After turning choppy, the domestic stock markets–Sensex and Nifty–ended mildly higher on Thursday afternoon. Sensex ended 52.79 points higher at 36,374.08, while the Nifty closed 0.14% up at 10,905.20. Jet Airways closed 4% higher at Rs 282.10 on BSE, after State Bank of India said lenders are considering a resolution plan for Jet Airways to

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Sensex ends 300 points down, Nifty near 10,650; ICICI Bank, RIL among top drags

Sensex and Nifty ended Tuesday’s trade lower as weak global cues, RBI decisions weigh. The 30-share Sensex cracked over 300 points to end the day’s trade at 35,474.51, while the Nifty 50 tested the 10,650-mark. PSU banks, metals and IT stocks emerged as the major losers in the headline indices. IndusInd Bank shares gained about

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Nifty Weekly Strategy 24.09.2018 to 28.09.2018

Nifty tanked heavily on weekly chart continuing the sell trend for the third weeks as well and closed at 11166.35. Nifty traded lower in the stress full week as the increasing tension talks between US and China trade war, stemming rupee’s fall and narrowing the current account deficit, failed to cheer investors to boost up

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Sensex tumbles 468 points, Nifty ends below 11,450 after rupee crashes to 72.67/$; Axis Bank gains 1%

Indian stock markets (Sensex and Nifty) ended in the deep red on Monday on the widening of India’s current account deficit, renewed US-China trade war and rupee crashing to a record low of 72.67 with Sensex plummeting 467 points and Nifty finishing below 11,450. During the day, Sensex touched a low of 37882.83, down 507 points and Nifty bottomed

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August F&O expiry, rupee’s free-fall vs USD steer Sensex, Nifty to end in red; Q1 GDP data eyed

The domestic stock markets (Sensex and Nifty) concluded in negative territory on Thursday with BSE Sensex and NSE Nifty finishing marginally down following the August F&O series expiry coupled with the pessimism over Indian rupee hitting a fresh record low against US dollar. Indian stock markets fell in negative territory in the mid-morning deals on Thursday following the drop in the shares

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SBI, ICICI Bank raise MCLRs ahead of RBI policy review

State Bank of India (SBI), ICICI Bank and Union Bank of India raised their marginal cost of funds-based lending rates (MCLRs) on Friday, days ahead of the Reserve Bank of India’s (RBI) monetary policy review. On Thursday, Punjab National Bank (PNB) had raised MCLRs by 5-10 basis points (bps), with the one-year MCLR rising to

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Nifty slips below 10,600, Sensex cracks 214 points as Italian political crisis triggers global sell-off

Indian stock markets Nse and Bse crashed in the early morning trades on Wednesday with BSE Sensex losing more than 200 points and NSE Nifty slipping below 10,600-mark on subdued global sentiment with regard to the escalated worries over Italian political crisis. A heavy sell-off was witnessed in the regional Asian peers on Wednesday following the downbeat Wall

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Anil Ambani group stocks fly like rocket! RCom share price jumps 65%, Reliance Naval surges 34%

Shares of Anil Dhirubhai Ambani Group companies posted a massive surge in the dealings on Thursday with the stock of Anil Ambani’s telecom form Reliance Communications (RCom) and defence equipment manufacturer Reliance Naval and Engineering (RNaval) surging up to 65%. Shares of ADAG’s telecom company Reliance Communications (RCom) have been declining since last several days on