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BusinessToday.In
August 18, 2018
As Chief Financial Officer, Ranganath oversaw key functions across the group, including corporate finance, taxation, treasury, mergers and acquisitions, risk management, and investor relations.


BusinessToday.In
August 17, 2018
The Sensex and Nifty closed higher taking cues from global markets which rose on news China was preparing to resume trade discussions with the US, the first negotiations in more than a month. While the Sensex closed 284 points higher at 37,947, Nifty logged a gain of 85 points to end at a record high of 11,470 level,.Top Sensex gainers were YES Bank (3.76%), Vedanta Ltd (3.09%), and SBI (3.02%). Of 30 Sensex stocks, 20 ended in the green. Top Sensex losers were Hero MotoCorp (1.14%), ONGC (0.61%), and Maruti (0.58%). Money and bond markets were closed today on account of Parsi new year. Midcaps and small cap stocks contributed to the gains with the BSE midcap index rising 0.88% or 142 points to 16,306 and small cap index gaining 0.94%  or 156 points to 16,866 level. Banking, metal and consumer durables stocks led the charge with their BSE indices rising 398 points, 216 points and 194 points, respectively.  Market breadth was positive with 1631 stocks closing higher compared to 1075 stocks falling on the BSE. 156 stocks were unchanged.


BusinessToday.In
August 17, 2018
Top Sensex gainers were YES Bank (3.76%), Vedanta Ltd (3.09%), and SBI (3.02%). Of 30 Sensex stocks, 20 ended in the green.  Top Sensex losers were Hero MotoCorp (1.14%), ONGC (0.61%), and Maruti (0.58%).


BusinessToday.In
August 17, 2018
The stock has been gaining for the last two days and has risen 7.98% during the period. It is down 48.20% during the last one year and 63.22% since the beginning of this year.


BusinessToday.In
August 16, 2018
The stock fell 1.15% intra day  to 1,196.25 level on BSE.  The large cap stock has risen 53.29% during the last one year and has gained 30.39% since the beginning of this year.


Sonal Khetarpal
August 14, 2018
Promoters of MNCs have also increased the stake in their Indian subsidiaries, probably indicating their belief in the 'India story'.


PTI
August 14, 2018
Jet Airways chairman Naresh Goyal met aviation secretary RN Choubey on Monday and apprised him of the ongoing crisis.


BusinessToday.In
August 14, 2018
The Sensex recovered by 207 points to 37,852, taking comfort from positive inflation numbers coupled with emergence of buying by domestic institutional investors.The Nifty too rose 80 points to close at 11,435. Besides strengthening rupee, encouraging earnings by some blue-chip firms including Tata Steel and Sun Pharma also helped in building positive sentiments, brokers said.The Sensex had lost 379.47 points in the previous two sessions.Sun Pharma (6.91%), YES Bank (2.87%) and ICICI Bank (2.17%) were the top Sensex gainers. The Sun Pharma stock rose after the firm reported a consolidated net profit of Rs 982.51 crore for the quarter ended June 30, 2018 compared with net loss of Rs 424.92 crore for the corresponding period of 2017-18.Tata Steel stock also gained in the Sensex list, surging 1.70 per cent after the company said its consolidated net profit jumped more than two-folds to Rs 1,933 crore in the April-June quarter of 2018-19 compared to Rs 921 crore during the same period a year ago.Meanwhile, the rupee closed at 69.90 level against the dollar compared with Monday's close of 69.93.Intra day, the currency fell past the key 70 level to hit a fresh all time low of 70.08. Market breadth was marginally negative with 1302 stocks closing higher compared with 1390 ending in the red on BSE.


BusinessToday.In
August 14, 2018
The Sun Pharma stock closed 6.91% or 38.90 points higher to 601 level on the BSE today. The stock which closed at 562 level yesterday rose 46 points or 8.05% to an intra day high of 608 level on the BSE.


BusinessToday.In
August 14, 2018
At 9:36 am, the stock was trading 1.59% higher at 578 level on the BSE. The stock rose 3.13% to hit an intra day high of 587 level.  The stock has gained after two days of consecutive fall and opened with a gain of 2.60% at 584 level. 


BusinessToday.In
August 13, 2018
The Sensex and Nifty closed lower for the second straight session in trade  today on negative global cues and weak rupee. While the Sensex fell 224 points or 0.59% to 37,644 level, Nifty closed 0.65% or 73 points lower at 11,355 level as global markets crashed amid fears that financial crisis in Turkey could spread to other economies. Meanwhile, the rupee hit an all-time low of 69.91 intra day tracking weakness in global currencies. Infosys (1.75%), Sun Pharma (1.65%) and Wipro (1.31%) were the top Sensex gainers. IT sector stocks were the top gainers today due to a fall in rupee. The BSE IT index rose the most among the 19 sectoral indices to close 1.24% or 182 points higher at 14,865 level. A fall in rupee translates to higher income for IT firms. IT companies earn most of their revenues in dollars. So, each dollar earned abroad will now get them more rupees.Banking and oil and gas indices on the BSE were the worst losers with BSE bankex falling 1.20% or 380 points to 31,368 level. The BSE oil and gas index too fell 1.93% or 290 points to close at 14,804. Vedanta (3.40%), SBI (3.17%) and YES Bank (3.11%) were the top Sensex losers. Market breadth was negative with 956 stocks closing higher compared to 1724 falling on the BSE.


BusinessToday.In
August 13, 2018
Meanwhile, the rupee hit an all-time low of 69.91 intra day tracking weakness in global currencies. Infosys (1.75%), Sun Pharma (1.65%) and Wipro (1.31%) were the top Sensex gainers. IT sector stocks were the top gainers today due to a fall in rupee.


BusinessToday.In
New Delhi, August 13, 2018
Jet Airways, however, claimed that its account with SBI and all other banks is \"standard\" and it has not defaulted on any of its payment obligations.


PTI
August 12, 2018
Out of the two accounts on sale, Bombay Rayon Fashions Ltd owesRs 2,260.79 crore to the bank. The second account, Shivam Dhatu Udyog Pvt Ltd, has to repay Rs 229.32 crore.


BusinessToday.In
August 12, 2018
Senior officials at SBI mentioned that the embattled airline is part of its overall watchlist for stressed accounts and special mention category loans as on June 30, 2018. Jet. however, had a different story to tell.


BusinessToday.In
August 11, 2018
Expect some profit-booking if the Nifty crosses 11,300-mark on the downside with sharp correction in index pivotals, says Vikas Jain, Senior Research Analyst at Reliance Securities. Watch the BusinessToday.In video for more insight into expected market trends for next week.


Aprajita Sharma
August 10, 2018
The airline on Thursday informed stock exchanges that the audit committee has refused to approve company's June quarter results.


BusinessToday.in
New Delhi, August 10, 2018
Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. The BSE Sensex tumbled over 155 points today to close below the 38,000-mark as investors booked profits amid lacklustre global cues. SBI was the biggest loser in the Sensex pack, diving 3.79 per cent, after the lender reported a hefty loss of Rs 4,876 crore for the June quarter.


Mudit Kapoor
New Delhi, August 10, 2018
As millennial form a higher percentage of population, the attachment to physical investment is reducing, indicating a change in the millennial psychology.


BusinessToday.In
August 10, 2018
Jet Airways spokesperson said this is not the first instance in corporate India of deferment of quarterly financial results by a company.


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