Sanjay Narang, along with his sister Rachna Narang, is the business partner of cricketer Sachin Tendulkar and helps him run his multi-crore restaurant chain.
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We had mentioned in last week’s closing report that Nifty, Sensex remained bullish. The major indices continued to rally and ended with major gains. The trend of the major indices in the week is given in the table:
On Monday, the major indices made decent gains. On the NSE, there were 1,361 advances, 580 declines and 304 unchanged.
Eicher Motors’ Royal Enfield sales jumped 37% in December 2020 to 68,995 units as against 50,416 units in the year-ago period. Exports soared 82% to 3,503 units as against 1,927 units in December 2019. Total commercial vehicle sales jumped 31.8% from 3,710 units sold in the previous month.
Tata Motors reported 21% increase in vehicle sales in the domestic market to 53,430 units in December. The company had sold 44,254 units in the domestic market in the same month in 2019.
Gainers & Losers: 10 stocks that moved the most on January 7
BSE midcap and smallcap indices closed 1.05 and 0.85 percent higher. January 07, 2021 / 05:02 PM IST Equity benchmarks the Sensex and the Nifty closed slightly lower on January 7. The Sensex closed 81 points, or 0.17 percent, down at 48,093.32 and the Nifty closed 9 points, or 0.1 percent, down at 14,137.35. Bharti Airtel | CMP: Rs 544.15 | The stock was up over 3 percent after the telecom major received the RBI and FIPB s nod to increase FDI in its Payment Bank, according to a CNBC Awaaz report. The stock also gained as the union cabinet approved a proposal for the auction of 2,251.25 megahertz (MHz) of spectrum worth Rs 3.92 lakh crore at the base price on December 17, 2020.
Nifty, Sensex struggling to move up– Thursday closing report
Moneylife Digital Team
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We had mentioned in Wednesday’s closing report that Nifty, Sensex were still on an uptrend. On Thursday, the major indices moved sideways and ended with minor correction. On the NSE, there were 1,183 advances, 709 declines and 327 unchanged.
The trends of the major indices in the course of Thursday’s trading are given in the table below:
GM Breweries net profit for December 2020 quarter was up 51% at Rs 21.1 crore against Rs 14 crore YoY. Revenue was down 6.4 percent at Rs 112.1 crore against Rs 119.7 crore YoY.
Dynacons Systems & Solutions has won a prestigious contract worth Rs.30.31 crores for supply, installation, testing and commissioning of software for locomotive asset management (SLAM) from Centre for Railway Information Systems (CRIS).