Latest News
-
7:1 Bonus, 1:10 Split: At Rs 3.5, NBFC Penny Stock Hits Back-To-Back Lower Circuits; Big Announcement Soon -
Meta's Board Requests Public Views on AI Images of Celebrities -
Microsoft Pledges $1.5 Billion in UAE's AI Firm G42 to Boost Global Digital Infrastructure -
Yellen Cautions on Economic Fallout from Iran-Israel Tensions, Eyes More Sanctions -
ZEEL Calls Off Merger With Sony, Withdraws Application from NCLT -
CCI Nods Protos and Paharpur's Additional Stake Buy in Thyssenkrupp India -
1:1 Bonus Share: Why FMCG Stock Hit Upper Circuit Today? Shares Offer Huge Return In 2-Yrs -
AIESL Engineers, Technicians Urge for Overdue Pay Revision, Warn of Unrest -
Starlink Licence Application in India Undergoes Security Examination -
New Report Shows Scarce Diversity in Indian Advertising, Less Than 1% LGBTQI and Disabled Representation
Sensex Breaks 5 Day Losing Streak; Ends Higher
Benchmark indices gained in trade despite the Indian Meterological Department (IMD) forecasting rains below normal for this year.
The Sensex ended the day with gains of 214 points, while the Nifty gained 52 points in trade.
Shares in Wipro fell after the company reported a dismal set of results. PSU banking stocks which were hammered after the IMD forecast a weak set of results ended the day higher on a short covering rally.
Other stocks that closed higher were private sector banking names like Axis Bank and ICICI Bank. Hindustan Unilever was the top gainer from the Nifty after falling sharply on Tuesday.
Software stocks saw a smart bounce in trade with HCL Tech, Infosys and TCS recovering sharply from the day's lows on short covering.
Wipro, however continued to lose ground following a poor set of results.
Meanwhile, markets across Europe were trading lower following worries over Greece.
GoodReturns.in
