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Share Market Today: Sensex gains 196 points, Nifty reclaims 11,000

Share Market Today: Indian stock markets closed higher on Tuesday with Sensex gaining nearly 200 points and Nifty 50 reclaiming 11,000-level following the sharp uptick in shares of heavyweight companies RIL, ICICI Bank, SBI and Axis Bank. Shares of Anil Ambani’s telecom company RCom surged more than 14% intraday in the late trade. The stock of mid-sized private

Indian share markets
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Dalal Street cheers onset of Q1 FY19 results season! Sensex nears 36K; 5 reasons why

The domestic share markets traded higher with BSE Sensex rising more than 250 points in the morning deals on Monday on the onset first-quarter corporate earnings for the financial year 2018-2019.  Among the major companies which are scheduled to announce the Q1 report card in the current week, India’s largest IT company TCS (Tata Consultancy Services) is all

US Stocks
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US jobs growth lifts Wall Street, Us Stocks Climbed offsetting tariffs

US stocks US stocks climbed on Friday, with the S&P 500 and the Nasdaq hitting their highest levels in two weeks, as strong US jobs growth blunted the impact of an escalating US-China trade dispute. Nonfarm payrolls Nonfarm payrolls increased by 213,000 jobs last month. US Labor Department said, topping expectations of 195,000, while unemployment

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Reliance Industries AGM 2018

Reliance Industries AGM 2018 Billionaire Mukesh Ambani announced the launch of JioGiga TV, JioPhone 2 and JioGigaFiber from August 15th, and said that three popular apps Youtube, Whatsapp and Facebook will be available on the JioPhone. JioPhone 2 will be available at an introductory price of Rs 2,999.  In the hour long meeting, nearly 50 minutes were spent on

petrol price
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Petrol, diesel prices today

Petrol, diesel prices today: Fuel prices today witnessed a big hike after over a month. Petrol price has been hiked by 16-17 paise in major metro cities, while diesel price has been hiked by 12-13 paise. Petrol and diesel prices had reached record highs on May 29, and this is the first hike since then. The fuel prices were either

Industry labour
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Number of strikes falls 70% in January-March

Industry-labour relations have improved dramatically  in the first three months of the current year as compared to the same period last year. The number of strikes across industrial units fell to just 11 during the January-March period of 2018 from 36 in the same period of 2017 and 26 in 2016. Similarly, lock-outs went down

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BSE SENSEX REBOUNDS 114 POINTS IN SEE-SAW TRADE

The BSE Sensex rebounded over 114 points to close at 35,378.60 in volatile trade today, with institutional investors lending crucial support amid recovery in the rupee. Markets benefited from value buying in recently battered stocks amid mixed overseas cues, brokers said.The rupee recovering from record lows against the US dollar bolstered sentiment, they added.The Sensex

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

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