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News Shots Tata Consumer Products has commissioned a new plant in Gopalpur in the Odisha’s Ganjam district. The plant was commissioned in a span of 18 months with an investment of Rs 100 crore. Stock exchange BSE announced the launch of trading in delivery-based futures contract in steel billets, which will provide a risk hedging […]
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Today’s Market Summarised Nifty rebounding after global markets turned green yesterday and day-before. Nifty opened at 15,746 with a good gap-up and continued to move up. The index moved up another 80 points and found resistance at 15,810-’825. In fact, just at 1:30 PM, the index started falling. And just before the market closed, there […]
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News Shots The Tata Groups’ Tata AutoComp Systems along with US-based charging infrastructure company Tellus Power Green has executed a supply order for 64 200kW DC fast chargers to Tata Power. Tata Power is setting up charging stations for the EV buses in Mumbai as well as Ahmedabad. The drug firm Granules India said its […]
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Today’s Market Summarised Banks and financial stocks continuing bearishness in the day. Nifty opened at 15,717 with a small gap-down and started falling. After breaking 15,700, there was a fall which saw the index reaching even 15,580 by noon. When the European markets opened, the markets moved back up. Finally, Nifty closed the day at […]
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News Shots Tata Steel Mining and Jindal Stainless signed an MoU to jointly unearth chrome ore locked up in the boundary between their mines located at Sukinda in Odisha’s Jajpur district. Bata India will focus on expansion in small towns and online channels as part of its efforts to save cash through enhanced productivity, cost-reduction […]
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Today’s Market Summarised Financials take Nifty down in the day, with weakness in the global markets.  Nifty opened 1% down at 15,755 and moved back up till 15,836. After a long consolidation above 15,800 Nifty started falling and went down till 15,707. Taking support there, Nifty moved 50 points up and closed near the open […]
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News Shots HDFC Bank reported higher standalone profit at Rs 7,729.64 crore in Q1 FY22, up 14% YoY with an increase in net interest income of 8% YoY. However NPA rates have sharply increased, which is a cause for concern across the market. Profits missed estimates. Reliance Retail, subsidiary of Reliance Industries, is taking over […]
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News Shots Wipro posted a 35.6 percent jump in June quarter consolidated net profit to Rs 3,242.6 crore, which is higher than expectations. Reliance Industries clarified that it won’t comment on Justdial acquisition reports. “The company evaluates various opportunities on an ongoing basis,” RIL said. The power giant NTPC said its group companies in this […]

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