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Tag: Nifty

Coal India stock rises up to 7.69% on hike in non-coking coal price

The Coal India stock rose up to 7.69% on Tuesday after the state run miner said its board has approved a hike in non-coking coal prices for both power and non-power consumers with immediate effect. At 2:45 pm, the stock was trading 5.71% or 16.45 points higher at 304.15 level on BSE. On the NSE […]

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Public sector banks’ stocks push Sensex, Nifty higher after FinMin clears proposal for infusion of Rs 7,577 crore in six lenders

Public sector bank stocks led the rise on Sensex and Nifty on Thursday with the finance ministry clearing proposal for infusion of Rs 7,577 crore in six weak public sector banks (PSBs) as part of the recapitalisation plan to bolster capital adequacy ratio.While the Bank Nifty rose 0.33% or 87 points to 25404 level, BSE […]

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Reliance Naval stock closes 38% higher, BSE seeks clarification on price rise

The Reliance Naval stock from the ADAG Group of shares soared in Monday’s trade even as the market saw heavy selling with Sensex and Nifty falling during the last hour of trade. Reliance Naval and Engineering Limited, formerly Reliance Defence and Engineering Limited, rose 38.68% or 19 points to 68.30 on the BSE. The Reliance […]

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Auto stocks drive Sensex, Nifty rally; Maruti Suzuki hits fresh lifetime high

Auto stocks fuelled the market rally on Tuesday a day after Sensex and Nifty rose on bullish bets by traders and investors amid the euphoria over the Assembly elections win by the ruling BJP in Himachal Pradesh and Gujarat elections. Analysts said the BJP win is likely to push markets to new highs after Congress […]

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Bharti Airtel stock rises after 20% stake sale in its DTH arm to Warburg Pincus

The Bharti Airtel stock was the top Sensex gainer in early trade rising nearly 2 percent in an otherwise flat market. India’s largest telco on Tuesday said an affiliate of private equity firm Warburg Pincus will acquire up to a 20 per cent stake in its DTH arm Bharti Telemedia for about $350 million (around […]

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Dr Reddy’s Laboratories stock top gainer on Sensex after firm receives report of USFDA audit closure for Hyderabad facility

The Dr Reddy’s Laboratories stock became the top gainer on the Sensex on Tuesday after the firm said it has received an establishment inspection report (EIR) for closure of audit from the USFDA for its facility in Hyderabad. At 10:37 am, the stock was trading 3.52 percent or 77 points higher at 2270 level on […]

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Why Maruti Suzuki is among key stocks to watch out for in 2018

While brokerages and analysts are busy forecasting Sensex and Nifty’s maximum levels for the next year, the stock of country’s largest carmaker Maruti Suzuki India Ltd is firmly heading toward the 10,000 mark. The car market player (in terms of sales) is the current market leader in market capitalisation when it comes to the BSE […]

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L&T stock rises over 2% after subsidiary wins over Rs 1,600-crore order

The Larsen and Toubro stock  rose in early trade on Thursday after the engineering and construction major said its subsidiary L&T Hydrocarbon Engineering has won an order from HPCL Ltd’s Visakhapatnam refinery. The order which is valued over Rs 1,600 crore involves engineering, procurement, construction and commissioning of 3.053 MMTA full conversion hydrocracker project. At […]

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Bharat 22 ETF: Poring over financials of six key firms

The Bharat 22 ETF has been the much talked about fund offering due to the large number of firms which are also the key constituents of the Sensex and Nifty. Due to strong sentiments in the market and its constituents, Bharat 22 ETF received subscriptions worth Rs 31,817 crore of which the government decided to […]

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