New Delhi, July 18 (IANS) The domestic equity market closed the week with modest gains, supported by upbeat corporate earnings and policy measures, even as investors remained cautious amid escalating geopolitical tensions in the Middle East and a sharp rally in crude oil prices.For the week, the Nifty advanced 127.4 points, or 0.5 per cent, while the Sensex gained 582.06 points, or 0.8 per cent, reversing the losses seen in the previous week.Investor sentiment remained guarded after the US Centr…
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Mumbai, July 12 (IANS) The combined market valuation of four of India’s 10 most-valued companies increased by Rs 92,995.48 crore during the last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers, even as the broader equity market ended lower.During the week, the Sensex declined 194.52 points, or 0.25 per cent, while the Nifty slipped 63.95 points, or 0.26 per cent.Among the country’s 10 most-valued companies, Reliance Industries, HDFC Bank, Bharti Airtel, and Life Insurance …
New Delhi, July 12 (IANS) Union Commerce and Industry Minister Piyush Goyal will lead a high-level Indian business delegation on a five-day visit to Spain, Belgium and Finland from July 13 to 17, as India seeks to deepen its economic engagement with Europe through enhanced cooperation in trade, investment, technology, innovation and sustainability, it was announced on Sunday.The delegation will include leading Indian companies from sectors such as advanced manufacturing, clean energy, digital te…
New Delhi, July 10 (IANS) A court in Maharashtra’s Nashik has granted bail to former Tata Consultancy Services (TCS) employee Nida Khan, who was arrested in connection with alleged sexual harassment and religious conversion cases linked to the company’s Nashik office. While granting relief, the court observed that no woman should have to endure the trauma of delivering a child in prison, drawing a comparison with the circumstances surrounding the birth of Lord Krishna. Khan, who is around five m…
Mumbai, July 9 (IANS) Tata Consultancy Services (TCS), India’s largest software services exporter, on Thursday reported a consolidated net profit of Rs 13,349 crore for the first quarter of FY27, down around 3 per cent from Rs 13,718 crore recorded in the January-March quarter of the previous financial year (Q4 FY26). On a year-on-year basis, however, net profit rose 5 per cent from Rs 12,760 crore reported in the corresponding quarter last year (Q1 FY26).Revenue from operations increased 14 per…
Mumbai, July 9 (IANS) Indian equity benchmarks advanced in early trade on Thursday despite renewed geopolitical tensions and a rebound in crude oil prices to the $80-a-barrel mark.Sensex surged as much as 0.32 per cent or about 250 points to hit an intraday high of 76,752 in morning trade, while Nifty climbed 0.20 per cent or 46.90 points to 23,928.95.Sectorally, Nifty Consumer Durables led the gains, rising 1.39 per cent, followed by Nifty Mid-Small Financial Services (0.95 per cent), Nifty Cem…
Mumbai, July 6 (IANS) Indian stock markets opened positively on Monday, supported by revival of monsoon, renewed foreign institutional investor (FII) buying, and softer crude oil prices.Sensex started the session at 77,940.90, up 176.99 points or 0.23 per cent, while Nifty opened at 24,306.85, gaining 36 points or 0.15 per cent.Among the sectoral indices, Nifty Realty was the top gainer, rising 0.86 per cent, followed by Nifty Metal which advanced 0.39 per cent.Healthcare-related indices also tr…
Mumbai, June 29 (IANS) A shocking revelation came to light in the Maharashtra Legislative Council on Monday regarding a massive racket operating in Pune.The syndicate has allegedly been defrauding youths of lakhs of rupees by issuing fake appointment letters using forged signatures and seals under the pretext of securing jobs in the Pune Municipal Corporation (PMC), as well as providing fake experience certificates, salary slips and PF accounts in the IT sector.Minister for Industries Uday Saman…
New Delhi, June 24 (IANS) Union Commerce and Industry Minister Piyush Goyal will address the India Global Forum and lead a series of government-to-business engagements during his official visit to the United Kingdom from June 25-27, as India and the UK prepare to implement the landmark Comprehensive Economic and Trade Agreement (CETA) next month, it was announced on Wednesday. The visit comes ahead of the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA) and the ac…
Mumbai, June 23 (IANS) Indian equity markets opened on a flat note on Tuesday after a multi-session rally driven by easing tensions in West Asia.Sensex opened at 77,086.05, down 8 points or 0.01 per cent, while Nifty started the session at 24,071.30, lower by 31.60 points or 0.13 per cent.Sector-wise, Nifty Pharma was top gainer, rising 0.41 per cent, followed by Nifty MidSmall Healthcare (up 0.40 per cent), Nifty 500 Healthcare and Nifty Media, both gaining 0.29 per cent. While Nifty Cement and…