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Tech Mahindra Q4 Results: Cons PAT Declines 41% YoY To Rs 661 Crore; Exits FY24 In Red -
1:5 Split Soon: Multibagger PSU Bank To Consider Dividend Too, Buy For TP Rs 650: Motilal Oswal -
Gold Price In US: Yellow Metal Rates Hold Steady Amidst Easing Middle East Tensions; GDP Data Awaited -
Multibagger Energy Stock To Reward Shareholders With 3 Bonus Shares, Hits 52-Week High -
Massive Rs 33/Sh Dividend By Larsen's IT Stock, 1650% Payout Soon; LTTS Earns Profit Of Rs 341 Crore In Q4 -
Rs 7.50/Share Dividend: Adani Group Cement Company Reports Strong Q4 Results; Profit Surges 2x YoY -
Closing Bell: Market Rebounds To End With Gains For 5th Straight Day; Sensex & Nifty Soar Led By Banks -
Gold Prices Ayodhya: In Ram-Janma-Bhumi, 24carat Falls By Rs 380 In 10-Grams, Drops By Rs 3,800 In 100-gram -
Penny Stock Hits 2nd Upper Circuit After Declaring Earnings, Gains 14% In 1-Week -
Rs 8.50/Share Dividend Recommended: Nestle India Reports 27% YoY Jump In Profit
Sensex, Nifty Hit A New Record; Nifty Scales 8500 Points
The Sensex and the Nifty hit another record high with the Sensex topping 28,500 points, while the Nifty hit the 8500 points.
Leading the gainers from the Nifty were metal stocks after China announced an unexpected cut in interest rates. Hindalco zoomed more than 4 per cent, while Tata Steel and Sesa Sterlite were up more than 2 per cent each.
Nifty stocks that lost ground in trade were Cipla, Power Grid Corporation, Sun Pharma and Reliance Industries.
Mid cap stocks also had a good session in trade with notable winners being Hindustan Zinc and Mecleod Russell.
PSU banks which have been rallying in the last few trading sessions continued to find buyers. Leading the set of gainers were Syndicate Bank and Indian Overseas bank.
Meanwhile, markets across Asia saw a sharp rally following an unexpected rate cut from China.
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