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Narayana Hrudayalaya announces discontinuation of operations in Durgapur

Narayana Hrudayalaya said that it has discontinued operations of its heart center based in the premises of IQ City Hospital in Durgapur, West Bengal. The healthcare chain operator said it has discontinued its operations of its heart center-based in the premises of IQ City Hospital in Durgapur, West Bengal under an agreement with IQ City Foundation (formerly known as SPS Synergy Foundation). Further, the company s unit was disposed on a going-concern basis to IQ City Foundation as per the agreement executed on 6 January 2021. The unit was sold to IQ City Foundation for an amount of Rs 4.51 crore. Shares of Narayana Hrudayalaya fell 0.08% to Rs 451.95 on BSE. The announcement was made on Saturday, 9 January 2021.

Indices turn range bound; breadth negative

Barometers traded in a narrow range in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, jumped 372.49 points or 0.76% at 49,155. The Nifty 50 index gained 94.30 points or 0.66% at 14,441.55. In the broader market, the S&P BSE Mid-Cap index fell 0.66% while the S&P BSE Small-Cap index lost 0.39%. The market breadth was negative. On the BSE, 1,266 shares rose and 1,694 shares fell. A total of 162 shares were unchanged. Nifty Financial Services Index (FINNIFTY) F&O contracts started trading from today. It is a diversified index of banks, insurance companies, NBFCs, etc. compared with the Bank Nifty index which includes only banks stocks. NSE has waived transaction charges for 6 months.

Stocks to Watch: TCS, Vedanta, Tata Steel, DMart, Cipla, Narayana Hrudayalaya

A sharp drop in the number of covid-19 cases may handicap vaccine developers that are likely to start testing the effectiveness of their shots and potentially delay their approvals in India, where the first phase of the world’s largest immunization programme is set to start next week

Stocks to watch: TCS, Wipro, Avenue Supermarts, Tata Steel, Vedanta, Cipla

Here are the key stocks to track in today s session: TCS: Information technology stocks would remain under investor radar on Monday after IT major Tata Consultancy Services on Friday posted a 7.18 per cent year-on-year (YoY) rise in its December quarter (Q3FY21) profit at Rs 8,701 crore. TCS also announced third interm dividend of Rs 6 per share. Avenue Supermarts: Avenue Supermarts, which owns and operates retail chain D-Mart, on Saturday reported an increase of 16.39 per cent in its consolidated net profit at Rs 446.95 crore for the third quarter ended December 2020. Wipro: The Rs 9,500-crore buyback offer from Wipro will end today. The offer received overwhelming response from investors on Friday, and has been subscribed 326.45 per cent, as per reports. The firm, which proposed to buyback 23.75 crore shares at Rs 400 a share, has received bids for 77.53 crore shares.

Market LIVE: Sensex holds 49k, up 300 points; Nifty above 14400; IT cos surge

Sensex ends above 49k for the first time, Nifty at 14,485; IT, auto stocks shine Sensex opened at a new high on Monday. (PTI)Premium Share Via 11 Jan 2021, 03:38:46 PM IST Indices end at record highs Heavyweights helped benchmark equity indices close at record highs on Monday on hopes of better Q3 earnings. Sensex jumped 486 points to end at 49,269 led by IT and auto stocks. Nifty closed 1% higher at 14,485. HCL Tech, Infy and HDFC were the top gainers on the Sensex, while Bajaj Finance and its twin Finserv and Reliance were the biggest laggards. The broader markets underperformed benchmark indices. On the Sensex, 20 stocks advanced and 10 declined.

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