2 min read . Updated: Oct 16, 2020 09:29 AM IST
- After Thursday’s bloodbath, key indices rallied with Sensex, Nifty rising at the open. HCL Tech reported a net profit of ₹3,142 crore in the September quarter
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October 16, 2020 9:29:07 AM IST
Sensex, Nifty bounce back from Thursday’s hit
After the bloodbath on Thursday, key indices rebounded and Sensex gained 300 points within minutes of the market opening. Nifty had more than 11,770.
HCL Tech, which reported a net profit of ₹3,142 crore, fell 2%. Except for Nestlé, HCL Tech and Asian Paints, all Sensex shares were in the green.
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October 16, 2020 9:16:59 AM IST
Markets open green
October 16, 2020 9:12:06 AM IST
HCL Tech second quarter net profit of ₹ 3,142 crore
October 16, 2020 9:10:11 AM IST
Tata Group hints at court-supervised separation with SP Group
Tata Sons Ltd said on Thursday that it has yet to receive a formal separation notice from the Shapoorji Pallonji Group (SP), which recently decided to end its 70-year association with the Tatas after a prolonged acrimony.
In a statement, the Tata group’s holding company said the planned separation will likely be a court-supervised process.
October 16, 2020 9:04:10 AM IST
Sensex in Prepen
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October 16, 2020 9:02:18 AM IST
Positive markets in pre-opening
October 16, 2020 8:59:10 AM IST
The future of the Biyani-Reliance deal under the Amazon cloud
Amazon.com Inc.’s legal challenge to void the ₹The sale of assets of Rs 24.7 billion to Reliance Industries Ltd is dependent on a clause in the e-commerce giant’s 2019 investment deal in Future Coupons Ltd that explicitly prohibits the Kishore Biyani-led group from forging a deal with the Mukesh Ambani company. , two people directly aware of the matter said Mint.
October 16, 2020 8:52:32 AM IST
Markets are likely to be volatile during the day
Markets are likely to be volatile on Friday, while trends in SGX Nifty suggest a flat open for the benchmark indices. On Thursday, the BSE Sensex closed at 39,728.41, down 1,066.33 points or 2.61%, while the Nifty closed at 11,680.35, down 290.70 points or 2.43%.
October 16, 2020 8:44:13 AM IST
Actions to consider: HCL Tech, Mindtree, IDBI Bank, Bharti Airtel
HCL Tech, Mindtree, IDBI Bank, Bharti Airtel are among the stocks that will be in the spotlight today. In addition to HCL Tech, Bajaj Consumer Care, Federal Bank,
Phillips Carbon Black, Shoppers Stop and Tata Communications will report earnings for the September quarter today.
October 16, 2020 8:27:56 AM IST
Asian Stock Earnings
Asian stocks rose on Friday, driven by gains in China, but sentiment was cautious due to the resurgence of coronavirus infections in Europe and the United States.
The Shanghai Composite was up 0.17%, while the Hang Seng was up 0.88%. The Nikkei 225 was up 0.05%. Australian stocks erased initial losses to trade unchanged, while South Korean stocks lost 0.3%.
October 16, 2020 8:20:49 AM IST
Wall Street ends lower on Thursday
Global stocks closed lower on Thursday as investors shied away from risk and sought safe havens like the dollar for fear that a resurgence in coronavirus cases and a lack of more fiscal stimulus in the United States would hamper the global economy. .
The Dow Jones Industrial Average fell 0.07%, the S&P 500 lost 0.15% and the Nasdaq Composite fell 0.47%.
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