Nifty, Sensex may move sideways until the US market ends its sharp downturn – Thursday closing report
Moneylife Digital Team
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We had mentioned in Wednesday’s closing report that Nifty, Sensex to log in more gains. On Thursday, the indices opened lower and rallied but still ended in the red. On the NSE, there were 1,022 advances, 862 declines and 85 unchanged.
The trends of the major indices in the course of Thursday’s trading are given in the table below:
Wipro announced that it will acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific, for USD 1.45 billion.
Jay Shree Tea & Industries Ltd reports earnings for Q3FY21
Posted On: 2021-02-14 20:44:00 (Time Zone: Arizona, USA)
Jay Shree Tea & Industries Ltd. a Birla Group of company reported an all time record cash profit of Rs. 105 crore on Turnover of Rs. 440 crore under the chairmanship of Mrs. Jayashree Mohta.
The company took several measures to streamline its operation in tea, chemicals & fertilisers and treasury. It succeeded in controlling cost on various front. It reduced its debt burden by Rs. 150 crore upto 3rd quarter ended December, 2020. The company is in the process of monetising certain assets and hopeful to be debt free by 2nd quarter of next Year.