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Nifty, Sensex under pressure– Monday closing report

Nifty, Sensex under pressure– Monday closing report Moneylife Digital Team  0 We had mentioned in previous week’s closing report that Nifty, Sensex were directionless. On Monday, the indices suffered a major correction and ended with huge losses. On the NSE, there were 241 advances, 1,740 declines and 313 unchanged.   The trends of the major indices in the course of Monday’s trading are given in the table below:     Tata Power Company terminated a near USD 2- billion investment deal with Malaysian state-owned oil and gas company Petroliam Nasional Bhd (Petronas) in a proposed renewable energy infrastructure investment trust (InvIT), Mint reported.    Flipkart announced that it will work with Adani Logistics to strengthen Flipkart’s supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customers. In addition, Flipkart will set up its third data centre at Adaniconnex’s Chennai based facility.

Man Industries (India) standalone net profit rises 5 18% in the December 2020 quarter

Sensex up 541 pts, Nifty nears 14,450

Equity barometers were hovering near the day s high with strong gains in mid-morning trade. All sectoral indices on the NSE were trading in the green. Positive cues from other Asian markets supported buying. At 11:24 IST, the barometer index, the S&P BSE Sensex, jumped 541.39 points or 1.11% at 49,105.62. The Nifty 50 index rallied 157.40 points or 1.1% at 14,438.40. The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index rallied 1.74% while the S&P BSE Small-Cap index was up 1.5%. The market breadth was strong. On the BSE, 1969 shares rose and 689 shares fell. A total of 128 shares were unchanged. In yesterday s trading session, foreign portfolio investors (FPIs) bought shares worth Rs 650.60 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 42.51 crore in the Indian equity market on 18 January, provisional data showed.

Man Industries Share Price Rises 3% On New Orders Worth Rs 250 Cr

Man Industries Share Price Rises 3% On New Orders Worth Rs 250 Cr
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