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The rupee had closed lower by 18 paise at 82.34 to a dollar on Wednesday. The forex market was closed on Thursday for Ram Navami.
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Hyderabad: Financial education has become integral in today’s dynamic world. Especially there has been a rise in the number of active participants investing in the stock market. As much as short-term traders are learning about the fundamentals of stock trading, a certain section of people has made the stock market a destination for long-term investments. […]
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Mumbai: The Indian stock markets’ key indices, Sensex and Nifty, jumped by nearly two per cent on Tuesday led by strong buying support in metal, energy and banking stocks. The 30 stock S&P BSE Sensex was trading 930.62 points or 1.76 per cent higher at 53,904.46 points at 12.44 pm, against its previous day’s close […]
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Hyderabad: Stock market in recent times has exhibited wide movements either ways. On days it rose, BSE was up about 800 to 1,000 points, aiding in wealth creation. On days it dived, it fell around 700 or more points, giving an opportunity for the existing investors to buy stocks at a lower price. The falls […]
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Hyderabad: Stock market is the new goldmine for many in Telangana, where there is a staggering increase of 82.81 per cent new investors in just one year. According to data from the Bombay Stock Exchange (BSE) website, last year, there were 14,35,030 investors trading from Telangana. By November 8, the number of registered accounts here […]
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Know the rules of investing in stocks and play a long innings
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Hyderabad-born YouTube channel Convey by FinnovationZ has over 15 lakh subscribers with an average viewership of one lakh per video.
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Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's.
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Regional markets shrugged off data showing Japan's economy contracted at 5.1% annual pace in the last quarter as numbers of new coronavirus cases surged.
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IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, Axis Bank, HDFC, M&M, SBI, HDFC Bank, Reliance Industries and Tech Mahindra.
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Axis Bank was the top gainer in the Sensex pack, rising around 2 per cent, followed by Bajaj Finance, SBI, Reliance Industries, ONGC and UltraTech Cement.
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PowerGrid was the top loser in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, NTPC, Bajaj Auto, Maruti, Bajaj Finance and SBI.
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On the Sensex chart, IndusInd Bank, ICICI Bank, HDFC, ONGC, Titan and HDFC Bank were prominent gainers.
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Bajaj Fiserv was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank and Axis Bank.
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The issue proceeds will be used mainly for repayment of debt. As stated in the DRHP, the company may consider a discount for eligible employees bidding for the reservation portion.
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In the Sensex pack, Mahindra and Mahindra, Asian Paints, Tata Steel, Bajaj Finance, ONGC and HDFC were the prominent gainers.
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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading down 0.20 per cent at 90.79.
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ITC was the top gainer in the Sensex pack, rising around 2 per cent, followed by ONGC, TCS, Sun Pharma, Asian Paints, HCL Tech, Bajaj Finserv and NTPC.
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Maruti was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Auto, M&M, HCL Tech, UltraTech Cement, HDFC and ONGC.
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The broader NSE Nifty was down by 15.30 points or 0.12 per cent at 13,093.75 in opening trade.