Domestic equities opened on a firm note Friday as the benchmark BSE Sensex surged over 150 points on the back of continued foreign fund inflow and appreciating rupee.
Steel wire maker Usha Martin reported a consolidated net profit of Rs 25.27 crore for the quarter ended September 30, 2018, helped by asset sales and write-backs.
Tata Group's total investment in Odisha will soon cross Rs one lakh crore, said its Chairman N. Chandrasekaran here.
BSE benchmark Sensex recovered by over 155 points and the NSE Nifty breached the 10,600-mark in opening trade on fresh buying by investors, ahead of release of macroeconomic data later in the day.
The BSE benchmark Sensex recovered by over 155 points and the NSE Nifty breached the 10,600-mark in opening trade Monday on fresh buying by investors, ahead of release of macroeconomic data later in the day.
Shareholders of Usha Martin have approved the sale of the company's steel business to Tata Steel as a going concern on a slump sale basis.
India's coal imports rose by 7.9 per cent to 134.46 million tonnes (MT) in the first seven months of the current fiscal, according to mjunction services.
Indian market gained for the week on back on falling crude prices and strengthening rupee. Key indices Nifty gained 0.3%, Sensex up 0.4% Nifty Bank rose 0.3% for the week.
Benchmark stock indices opened on a negative note following weak global cues after the US Federal Reserve left key interest rates on hold last night, but hinted a rate hike next month.
Sensex slipped below the 35,000-mark by dropping over 100 points to 34,911.11 in early trade after banking, metal and auto stocks declined following weak global cues and profit-booking.