As the original sunrise sector of post-liberalization India, the IT industry has been the crowning jewel of the domestic economy for decades. A job in the IT sector has been, often literally, the passport to a better life for millions of young graduates. Is this paradigm changing?
Sectorally, buying was seen in consumer durables, realty, metals, and telecom stocks while selling was seen in oil & gas, utilities, public sector, and FMCG.
Union Bank of India share price: Considering the day's high of Rs 69.20, shares of Union Bank of India jumped 33.33 per cent in six straight sessions. However, Union Bank shares cooled off from one-year high levels in late deals.
Stock Market News Live Updates: Sensex and Nifty declined in Thursday's trade, taking cues from global markets. Asian shares declined as Japan's Nikkei index slipped 1.17 per cent, South Korea's KOSPI dropped 0.55 per cent, the Shanghai Composite index edged 0.16 per cent lower and Hang Seng Index moved 1.76 per cent down.
Central Bank vs IOB: The Central Bank of India stock touched an intraday high which is also its 52-week high of Rs 24.50. On the other hand, shares of Indian Overseas Bank jumped 4.73 per cent to hit an intraday high of Rs 22.15.