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The combined market valuation of nine of India's top-10 most-valued companies rose by Rs 2.51 lakh crore last week, led by Bajaj Finance. Strong equity markets, easing crude prices, improved investor sentiment and renewed FII buying supported the gains
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Bajaj Finance shares surged 7 per cent on Friday after the NBFC reported a 28 per cent year-on-year rise in June-quarter consolidated profit to Rs 6,081 crore. The company also posted strong income growth and improved asset quality during the quarter
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Benchmark indices Sensex and Nifty traded higher in early deals on Friday, supported by a strong rally in Bajaj Finance, foreign fund inflows and lower crude oil prices. However, profit-taking in IT stocks limited the overall gains in the market
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Bajaj Finserv plans to gradually expand its market share and reach every Indian household within the next decade, Chairman and Managing Director Sanjiv Bajaj said. The company also plans to launch private equity and real estate funds later this year amid growing competition
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Sensex and Nifty surged in early trade on Monday, driven by GST reform plans and S&P’s sovereign rating upgrade for India. Auto, consumer discretionary and cement stocks led gains, while select IT and infrastructure stocks lagged amid global mixed cues
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Nifty midcap 100 index was up 147 points or 0.24 per cent at 60,860 and Nifty smallcap 100 index was up 37 points or 0.19 per cent at 19,586
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While 30-share BSE Sensex declines 212.54 points to 84,716.07 in early trade, NSE Nifty drops 52.2 points to 25,886.85
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The 30-share BSE Sensex jumped 502.42 points to hit a fresh all-time high of 82,637.03 in early trade
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The 30-share Sensex rose 23.96 points or 0.03 per cent to 72,450.60 points, with 16 constituents trading in the green. Bharti Airtel and Bajaj Finance climbed over 1 per cent.
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A list of 15 large Non Banking Finance Companies falling in the Upper Layer category has been released
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Customers can use the Bajaj Finserv EMI Network Card to take advantage of special No Cost EMI offers on electronic gadgets, apparel, home decor, and kitchen essentials.
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The 30-share BSE index was trading 36.88 points or 0.07 per cent lower at 52,445.83 in initial deals. Similarly, the broader NSE Nifty inched 5.50 points or 0.03 per cent down to 15,716.
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After touching a record high of 52,235.97 during the day, the 30-share BSE Sensex ended 609.83 points up at its new closing peak of 52,154.13.
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ONGC was the top loser in the Sensex pack, shedding around 5 per cent, followed by Sun Pharma, PowerGrid, Bajaj Finance, IndusInd Bank, Dr Reddy's and Maruti.
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The rise in domestic indices came on the back of a positive trend in the global markets along with robust Q3 earnings.
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Around 10.15 a.m., Sensex was trading at 47,986.84, lower by 189.96 points or 0.39 per cent from its previous close of 48,176.80.
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Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were other gainers
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Reliance Industries Ltd (RIL), TCS, Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel were the six winners on the top-10 chart
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Around 10.25 a.m., Sensex was trading at 46,206.80, higher by 200.11 points or 0.43 per cent from its previous close of 46,006.69.
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Meanwhile, the global oil benchmark Brent crude futures were trading 0.45 per cent lower at USD 50.68 per barrel.