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Reliance Retail: Reliance opens Metro's gates for all consumers to further strengthen its retail dominance

Mukesh Ambani s consumer business is set to gain further momentum as it has opened the gates to its Metro Cash & Carry stores for everyone, and not just B2B customers. Nearly nine months after the deal with Metro AG went through, Ambani now aims to sell more of its products through the wholesale distributors it gained through the deal. ....

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Sensex slips below 50,000 on profit booking


Sensex slips below 50,000 on profit booking
ANI |
Updated: Jan 21, 2021 16:07 IST
Mumbai (Maharashtra) [India], Jan 21 (ANI): The S&P BSE Sensex crossed historical milestone of 50,000 in Thursday s session as benchmark indices scaled fresh lifetime highs but closed 0.4 per cent lower as traders booked profit in the last hour of trading.
Expectations of turnaround in the economy post Covid vaccinations and continued foreign portfolio investor (FPI) inflows led to gains for Indian markets in a globally low interest scenario.
The bull run on D-Street in morning session was also on the back of favourable global cues as investors hoped for more economic stimulus from new US President Joe Biden. ....

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Sensex breaches 50K mark, Reliance gains 2.2 pc


Sensex breaches 50K mark, Reliance gains 2.2 pc
ANI |
Updated: Jan 21, 2021 10:23 IST
Mumbai (Maharashtra) [India], January 21 (ANI): Equity benchmark indices scaled new record highs during early hours on Thursday with the Sensex crossing 50,000 mark for the first time.
The bull run on D-Street was largely on the back of favourable global cues as investors hoped for more economic stimulus from new US President Joe Biden.
At 10:15 am, the BSE S&P Sensex was up by 255 points or 0.51 per cent at 50,047 while the Nifty 50 surged by 75 points or 0.51 per cent to 14,720.
Except for Nifty metal and realty, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty auto advancing by 1.1 per cent, private bank by 0.6 per cent and FMCG by 0.5 per cent. ....

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