Stock market bounces back; banks, metals shine
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
The development came amid escalating tensions in the Middle East and a substantial surge in the US bond yields.
With the announcement of Q4 results on Thursday, Infosys has declared a final dividend of Rs 20 and a special dividend of Rs 8, i.e. a total dividend of Rs 28 to its shareholders.
The price of Brent crude had fallen to around $87 per barrel on Wednesday following higher US inventories and the decline in Chinese demand due to a slowing economy.
IT services management company Happiest Minds Technologies on Friday said it is acquiring Macmillan Learning India which will become a wholly-owned subsidiary of the company.
The programme being implemented in partnership with Auroville Consulting, a provider of ecological and socially-responsible consultancy services, would have a two-pronged approach; first to reduce emissions by implementing innovative technological solutions, and second by neutralizing the remaining emission through an active carbon offset strategy.
Stocks such as NTC Industries, Novateor Research, Surana Telecom, Stove Craft touched their 52 week high while Nova Pub, Shanti Educational touched new 52 week low
In Mumbai, the petrol price increased by 21p/litre to Rs 107.47 per litre, while diesel rates rose to about Rs 97.21/litre
Eight coal mines have been successfully auctioned with the winning percentage of revenue share ranging from 6 to 75.5 per cent with an average per cent revenue share.
We are delighted to collaborate with Vistara, to launch the 'Club Vistara IndusInd Bank Explorer' credit card that aims to revitalise the way India travels.