Trends On SGX Nifty Indicate A Positive Opening For The Broader Index In India

Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 31.5 points gain or 0.25 percent. The Nifty futures were trading around 12,389-level on the Singaporean Exchange.

Oil prices edged lower on Tuesday as receding Middle East tensions took some heat out of the market, with both Tehran and Washington desisting from any further escalation after this month’s clashes. 

Brent crude was down 8 cents, or 0.1%, at $64.12 per barrel by 0124 GMT. US West Texas Intermediate crude futures were down 4 cents, or 0.1%, at $58.04 a barrel.

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Shares Of IT Company Infosys Rose 2 Percent Amid Optimism

Shares of IT company Infosys rose 2 percent amid optimism ahead of October-December quarter earnings scheduled to be announced later today.


The IT company is expected to report more than 1 percent growth in constant currency revenue during the period on a sequential basis and 1.2-1.5 percent growth in dollar revenue for the quarter as compared to September quarter.

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The Sensex Is Up 159.56 Points Or 0.38% At 41,611.91, And The Nifty Up 45.50 Points

It is a positive start for the Indian indices on January 10 with Nifty above 12,250.

The Sensex is up 159.56 points or 0.38% at 41,611.91, and the Nifty up 45.50 points or 0.37% at 12,261.40.

Infosys, Bharti Infratel, Kotak Mahindra Bank, TCS, HDFC Bank and HCL Tech are among major gainers on the Indices, while losers are ICICI bank, Nestle and Asian Paints.

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Larsen & Toubro Share Price Declined 2.7 Percent Intraday On January

Larsen & Toubro share price declined 2.7 percent intraday on January 8 after research house Credit Suisse has maintained neutral rating with a target at Rs 1,460 per share. Credit Suisse cut FY20/21/22 earnings by 2-4 percent.

Maruti Suzuki December 2019 production up by 7.88%: The company's total production for December 2019 was up 7.88 percent at 1,15,949 units against 1,07,478 units.

CARE Ratings has assigned CARE AA- / stable rating to the long term bank facilities of Birlasoft. The stock was quoting at Rs 70.25, down Rs 0.80, or 1.13 percent. The share touched its 52-week high Rs 221.60 and 52-week low Rs 57.40 on 16 January, 2019 and 23 August, 2019, respectively.

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Granules India And Glenmark Pharma Share Prices Rallied Nearly 3 Percent

Granules India and Glenmark Pharma share prices rallied nearly 3 percent in the morning trade on January 7 on receiving approvals from the US health regulator for new drugs.

Granules India, with a market capitalisation of Rs 3,100 crore, got the US Food and Drug Administration’s nod for Acetaminophen tablet, a painkiller.

Glenmark Pharma got the clearance for Deferasirox tablets, reported CNBC-TV18. Deferasirox is used in the treatment of chronic iron overload syndrome.

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Sobha Share Price Added Over 2 Percent On January 6 After Company Reported

Sobha gains 2% on better Q3 sales volume: ​Sobha share price added over 2 percent on January 6 after company reported better sales volume numbers in the quarter ended December 2019.

Creditors to Dewan Housing Finance Corp have permitted the company to resume lending operations, starting with Rs 500 crore a month, Mint reports. 

A document from RBI-appointed administrator R Subramaniakumar showed DHFL is recovering Rs 1,700-1,800 crore every month from previous loans, the report said.

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Shares Of JSW Energy Climbed Nearly 2 Percent On BSE

Shares of JSW Energy climbed nearly 2 percent on BSE, a day after it said it had entered into an agreement with Jaiprakash Power Ventures to restructure the debt owed by JPVL to the company.

Shares of RITES climbed as much as 3 percent on January 3, a day after it had said secured a major work of project Management Consultancy from the Government of Bangladesh.

FDC share price touched 52-week high of Rs 222, rising more than 5 percent intraday on January 3 after company received GMP certificate from UK MHRA.

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The Sensex Is Down 126.08 Points Or 0.30% At 41,500.56, And The Nifty Down 43.70 Points

The Sensex is down 126.08 points or 0.30% at 41,500.56, and the Nifty down 43.70 points or 0.36% at 12,238.50. About 417 shares have advanced, 435 shares declined, and 46 shares are unchanged.

Gail, ONGC, TCS, Infosys, HCL Tech are among major gainers on the Indices, while losers are Zee Ent, BPCL, Vedanta, Asian Paints, Tata Motors and SBI.

The Indian rupee slipped in the early trade on Friday. It opened lower by 12 paise at 71.49 per dollar versus previous close of 71.37.

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Share Price Of Apollo Hospitals Enterprises Jumped Over 3 Percent On Januuary 2

Share price of Apollo Hospitals Enterprises jumped over 3 percent on Januuary 2 after the company got approval for Apollo Munich deal from CCI, RBI & IRDA.

Share price of auto major Tata Motors gained a percent after global research firm Citi maintained a buy rating on the stock with target at Rs 200 per share.

The firm has a positive stance on the JLR recovery while domestic commercial vehicle and passenger vehicle volumes remain weak in December.

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Benchmark Indices Opened On Positive Note On January 2

Benchmark indices opened on positive note on January 2 with Nifty above 12,200.

The Sensex is up 101.18 points or 0.24% at 41407.20, and the Nifty up 26.70 points or 0.22% at 12209.20. About 474 shares have advanced, 122 shares declined, and 31 shares are unchanged.

Tata Steel, Hindalco, Vedanta, Bharti Infratel, IndusInd Bank, Yes Bank, Tata Motors are among major gainers on the Indices, while losers are Zee Entertainment, Sun TV, Titan and UPL.

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Shares Of RBL Bank Climbed By Over A Percent On BSE On January 1

Shares of RBL Bank climbed by over a percent on BSE on January 1, a day after it said it had raised Rs 675.80 crore through preferential allotment of shares. 

RBL Bank on December 31 said it has raised Rs 675.80 crore through preferential allotment of shares, completing total fundraising of Rs 2,701 crore. A total of 1.98 crore shares were allotted preferentially at a price of Rs 340.70 per share on December 30.

Share price of Adani Green jumped 5 percent in the early morning trade on January 1 after the firm commissioned 75 MW wind power project. Adani Renewable Energy, a stepdown subsidiary of Adani Green Energy has commissioned its 75 MW Wind Power Project having Power Purchase Agreement with Maharashtra State Electricity Distribution Company at Rs 2.85/kWh for a period of 25 years.

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Sensex Is Up 119.86 Points Or 0.29% At 41373.60, And The Nifty Up 33.90 Points

Sensex is up 119.86 points or 0.29% at 41373.60, and the Nifty up 33.90 points or 0.28% at 12202.40. L&T, Reliance Industries and Infosys are the top gainers while Reliance Industries, Indiabulls Housing and Tata Motors are the most active stocks.

All sectoral indices are trading in the green with Nifty PSU Bank adding half a percent. About 544 shares have advanced, 145 shares declined, and 33 shares are unchanged.

The Indian rupee opened marginally up by 2 paise at 71.36 per dollar on January 1, against the previous day's close of 71.38 after some selling of the greenback by banks and importers.

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Trends On SGX Nifty Indicate A Positive Opening For The Broader Indices In India

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 30 points or 0.25 percent. Nifty futures were trading around 12,223.50-level on the Singaporean Exchange.

Wall Street ends higher: The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over US-China trade relations and gains in shares of Amazon.com after a report signalled robust online holiday sales.

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The Sensex Is Up 5.82 Points Or 0.01% At 41467.08, And The Nifty Up 3.20 Points

It is a flat start for the Indian indices on December 26 with Nifty holding above 12,200.

The Sensex is up 5.82 points or 0.01% at 41467.08, and the Nifty up 3.20 points or 0.03% at 12217.70. About 397 shares have advanced, 183 shares declined, and 48 shares are unchanged.

M&M, Nestle, UPL, Eicher Motors and Titan are among major gainers on the Indices, while losers are Bharti Infratel, RIL, Wipro, Infosys, Yes Bank and Axis Bank.

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L&T Technology Wins Multi-Million-Dollar EPCM Project In Europe

L&T Technology wins multi-million-dollar EPCM project in Europe: The company won a multi-million dollar project from one of the world’s top plastics, chemicals and refining manufacturers, to deliver the entire spectrum of engineering, procurement and construction management services for the expansion of an existing site in Europe.

PSP Projects share price rose 3 percent in the early trade on December 23 after company emerged as lowest bidder for EPC design and build construction of proposed GIDC Tech-Hub at GIFT City, Gandhinagar, Gujarat with bid value of Rs 307.53 crore.

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Asian Markets Idled Near 18-Month Highs On Monday

Asian markets trade firm: Asian markets idled near 18-month highs on Monday as volumes weakened ahead of the Christmas holiday break and investors squared off their positions, taking home hefty gains made earlier this month.

SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader indices in India, a gain of 7.50 points or 0.06 percent. Nifty futures were trading around 12,300-level on the Singaporean Exchange.

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Shares Of Titan Company Climbed Over 2 Percent On BSE

Titan Company shares climb 2%: Shares of Titan Company climbed over 2 percent on BSE ahead of analyst and institutional investor meeting on December 20.

Shares of Bharat Heavy Electricals fell 3 percent intraday on December 20 as Morgan Stanley retained bearish stance on the stock.

Lemon Tree Hotels share price rose 4 percent on December 20 after company opened its first international hotel in Dubai under the company’s brand ‘Lemon Tree Hotel’.

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Lupin Receives Approval For Betamethasone Dipropionate Ointment USP

Lupin receives approval for Betamethasone Dipropionate Ointment USP: The company has received approval for its Betamethasone Dipropionate Ointment USP, 0.05%, from the United States Food and Drug Administration, to market a generic equivalent of Diprolene Ointment, 0.05%, of Merck Sharp and Dohme Corp. The product will be manufactured at Lupin’s Pithampur facility, India.

Equity benchmarks are flat as gains in shares of State Bank of India, ICICI Bank and HDFC Bank were offset by losses in shares of HDFC, Kotak Mahindra Bank and ITC.

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Wall Street Update: The S&P 500 Ended A Five Day Winning Streak

Wall Street update: The S&P 500 ended a five-day winning streak on Wednesday as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares, but the benchmark index managed to hover near all-time highs, reported Reuters.

FedEx shares tumbled 10 percent after the US parcel delivery company cut its fiscal 2020 profit forecast on heavy expenses, slowing global trade and fallout from its breakup with Amazon.com Inc.

The decline in FedEx shares weighed on the blue-chip Dow industrials. Shares of rival package delivery company United Parcel Service Inc fell 1.9 percent.

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The Sensex Is Down 38.79 Points Or 0.09% At 41519.78, And The Nifty Down 15.10 Points

The Sensex is down 38.79 points or 0.09% at 41519.78, and the Nifty down 15.10 points or 0.12% at 12206.60. About 336 shares have advanced, 309 shares declined, and 30 shares are unchanged.

M&M, Asian Paints, HDFC bank and Dr Reddy's Lab, TCS, are among major gainers on the Indices, while losers are Tata Steel, Tata Power, IndusInd Bank, ICICI Bank and Bharti Airtel.

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