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25% Dividend Record Date: Logistic Stock Nears 1-Year High And It Belongs To Mahindra; Motilal Neutral -
1:10 Split, 26 Dividends: Tata's 26-Year-Old Retail Stock In Focus, Q4, Dividend Ahead; Buy For Target Rs 4200 -
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Penny Stock Bags Back-To-Back Orders Worth Rs 500 Mn, 110 Mn; Shares Hit Upper Circuit -
Marshall Wace Offloads Stakes in 21 Indian Companies for Rs 2,365 Crore -
Rishi Sunak Announces Generational Hike in UK Defence Spending -
Dr Reddy's Issues Recall for Six Drug Lots in US Over Subpotency Concerns -
Dr Reddy's Voluntarily Recalls Six Drug Lots in US Over Potency Concerns -
IRCON, RITES: 2 Multibagger Navratna Railway Stocks Potential To 17-24% Upside Ahead; Assigned BUY Rating -
AU Small Finance Bank Unveils New Products Including Rupay Credit Card
Sensex, Nifty Open Higher; IT Stocks Lead Rebound
The Sensex and the Nifty opened the day higher as stocks from the IT sector which saw a sharp fall before Christmas saw a sharp rebound in trade.
The Sensex was trading higher by 104 points, while the Nifty rallied 40 points in trade. Leading the set of gainers from the Sensex were Infosys, TCS and select banking stocks like ICICI Bank and HDFC Bank.
Shares in Bharti Airtel were trading marginally lower after reports that the company's prepaid customers will be charged more for voice and video calls made on Skype, Viber and similar services. The stock was down one per cent in trade.
Shares in Tata Chemicals company was trading higher after reports that the company is planning to expand its nutrition and wellness business by using latest innovations and technologies.
Midcap stocks were seeing good buying support in trade with Voltas and United Phosphorus among the early gainers in trade.
Meanwhile, Asian markets were trading marginally higher led by strong gains in the Taiwan Weighted and Seoul Composite.
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