Latest News
-
Upcoming Adani Stock Dividend: Midcap Cement Stock To Declare Dividend, Q4 Next Week; BUY For Rs 3,225 -
Elon Musk Postpones India Trip, Tesla's Indian Market Entry Delayed -
HDFC Bank Q4 Results: Net Profit Rises 37% To Rs 16,512 Cr; Rs 19.5 Dividend Declared -
Gold Prices: 10-Gram 24-Carat Rises Rs 8,010 Before Falling; Chennai Gold Price At Rs 75,110 -
Defence Stock Set To Become Cheaper, 1:5 Split Approved: Shares Zoom 406% In 1-Yr -
Indian Railways Announces Historic Increase in Summer Train Trips -
62-Yrs Old Fertilizers PSU Set To Recommend Dividend Rewards, Rises 78% In 1-Yr; Yield 4.49% -
Want To Be Debt Free? 5 Simple Ways To Repay Your Loan Faster -
1:2 Stock Split, Dividend 100%, Net Soars 52.56%: Engineering Stock Soars 1576% In 3-Yrs -
Senior Citizens Benefits: Top Banks Offer High FD Interest Rates
Nifty ends higher; HUL rallies 9% on price hike
The Nifty ended the day with gains of 18 points. Among the shares that rallied were Hindustan Unilever, which jumped after reports that the company had hiked the prices in its personal care products.
Other FMCG stocks Colgate and Cigaratte to FMCG major ITC also gained ground. Software stocks gained for a second day in a row as the rupee continued to weaken despite RBI measures. TCS gained ahead of its results to be declared later on Thursday.
Banking shares were weak in trade with both private sector and PSU banking stocks losing ground. ICICI Bank, Axis Bank dropped sharply, while HDFC Bank which reported a good set of numbers also saw some selling pressure.
IT stocks gained in trade with TCS and Infosys among the notable gainers. Ranbaxy Labs came in for selling pressure after reports that two its its plants were under the US FDA scanner.
PSU banking stocks were badly hit in trade with Oriental Bank of Commerce dropping more then 6 per cent and Union Bank falling 8 per cent.
Realty stocks also lost ground in trade with Sobha and Unitech falling. Meanwhile, most of the markets in Asia ended the day with gains.
GoodReturns.in
