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Sensex, Nifty trim losses; Nifty reclaims 14,300

Read more about Sensex, Nifty trim losses; Nifty reclaims 14,300 on Business Standard. Key benchmark indices pared losses in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, declined 324.37 points or 0.66% at 48,710.30. The Nifty 50 index lost 119.50 points or 0.83% at 14,314.20. ....

Dashank Desai , Caplin Steriles , John Owen , Joe Biden , Hindalco Industries , Ministry Of Health , National Bureau Of Statistics , Indusind Bank , Britannia Industries , Tata Motors , Pharma Group , Lt Finance Holdings , Tata Steel , Reliance Industries , Family Welfare , Controller General , Reserve Bank , Operating Profit , Expected Credit Losses , Point Laboratories , Caplin Point Laboratories , National Bureau , President Elect Joe Biden , Dow Jones Industrial Average , Nasdaq Composite , Capital Market ,

Indices near day's low; Mastek down 9%


The equity barometers were hovering near the day s low in mid-morning trade. The Nifty reclaimed 14,300 mark after slipping below that level. All the sectoral indices on the NSE were in the red. Metal, realty and pharma stocks witnessed steep selling pressure.
At 11:26 IST, the barometer index, the S&P BSE Sensex, fell 267.53 points or 0.55% at 48,767.20. The Nifty 50 index declined 99.75 points or 0.69% at 14,333.55.
The broader market tumbled. The S&P BSE Mid-Cap index tumbled 1.77% while the S&P BSE Small-Cap index declined 1.78%.
The market breadth was weak. On the BSE, 706 shares rose and 2026 shares fell. A total of 137 shares were unchanged. ....

Dashank Desai , John Owen , Vikas Nigam , Larsen Toubro , Joe Biden , Sunteck Realty , Brigade Enterprises , Godrej Properties , Ministry Of Health , National Bureau Of Statistics , Mahindra Lifespace Developers , Nifty Realty , Delhi Transport Corporation , Oberoi Realty , Family Welfare , Controller General , Reserve Bank , Prestige Estates Projects , Phoenix Mills , Indiabulls Real Estate , Rail Vikas Nigam , New Broad Gauge Line , National Bureau , President Elect Joe Biden , Dow Jones Industrial Average , Nasdaq Composite ,

Mastek tumbles as John Owen resigns as Group CEO


Mastek tanked 9.38% to Rs 1,178.90 after the company said John Owen will relinquish his role as Group CEO on 18 January 2021.Mastek announced that John Owen will be relinquishing his role as group chief executive officer on 18 January 2021 and will be pursuing opportunities outside the group. Ashank Desai, vice chairman & managing director, will assume the responsibilities of the group chief executive officer until a new group chief executive officer is appointed.
Mastek s consolidated net profit rose 26.98% to Rs 59.15 crore on a 6.13% rise in net sales to Rs 409.74 crore in Q2 September 2020 over Q1 June 2020.
Mastek is an enterprise digital transformation specialist. It enables large‐scale business change programmes through its service offerings, which include application development, oracle suite & cloud migration, digital commerce, application support & maintenance, BI & analytics, assurance & testing and agile consulting. ....

Dashank Desai , John Owen , Capital Market , Sudhakar Ram , Group Chief Executive Officer , Vice Chairman Amp Managing Director , Enterprise Digital Transformation Specialist , Group Ceo , Chief Executive Officer , அஷ்டாங்க தேசாய் , ஜான் ஓவந் , மூலதனம் சந்தை , சுதாகர் ரேம் , குழு தலைமை நிர்வாகி அதிகாரி , துணை தலைவர் ஆம்ப் நிர்வகித்தல் இயக்குனர் , நிறுவன டிஜிட்டல் மாற்றம் நிபுணர் , குழு சிஇஓ , தலைமை நிர்வாகி அதிகாரி ,