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Apr 20, 2018 3:56 PM

Market closes recovering in last hour of trade; IT stocks take lead.

The market ends off lows with the benchmark indices ending just below the flatline. The BSE Sensex closed at 34,415 points and the NSE Nifty closed at 10,564 points. IT stocks were among the major gainers today because of the rupee hit. The IT index was the only index in the green while the other sectoral indices were traded in the red. TCS hit its record high after the company announced its Q4 earnings. The company is only 1.5% away from being the first $100 billion Indian firm. The banks, however, were among the major index losers today. The financials dragged the Nifty Bank by nearly 1% with ICICI Bank contributing most to the fall.

Apr 20, 2018 3:41 PM

India's share of the Bata global revenue is currently at 15-16%.

Apr 20, 2018 3:22 PM

Lemon Tree stock has risen 17%; up 50% since issue price of 56.

Apr 20, 2018 3:13 PM

Market continues to remain under pressure due to weak global cues and banks.

The market continues to remain under pressure due to weak global cues and banking stocks. The banking stocks are pulling down the indices at large today. The BSE Sensex remains weak due to the above-mentioned reasons while the Nifty is still gaining support from tech stocks. The tech stocks continue to rally in the last hour of trade.

Apr 20, 2018 3:08 PM

Today, the market cap of TCS is bigger than all the Nifty IT firms combine.

Apr 20, 2018 2:50 PM

Adani Power: Emerging market investment and pan Asia trade bought 8.03 crore shares.

The firm has bought 8.03 shares since January 22.

Apr 20, 2018 2:33 PM

Ashwani Gujral recommends: Buy V-Guard Industries; Sell Just Dial and Canara Bank.

Watch the full video here

Apr 20, 2018 2:21 PM

Market under pressure; IT stocks continue leading because of rupee hit.

The market remains under pressure due to weak global cues. The banking stocks remain in the red while the IT stocks are among the top gainers with Infosys at its day high rising to 4.5%. The top five IT stocks - Infosys, Wipro,TCS,Tech Mahindra and HCL Tech- are pulling up the Nifty, The IT index is the only sectoral index which is currently gaining and is in the green as the rupee hit a 13-month low. Mindtree, the mid-sized software firm, is currently gaining by over 8%.

Apr 20, 2018 2:15 PM

Prakash Constrowell bags Rs 583 crore order from Municipal Corporation of Greater Mumbai.

Apr 20, 2018 2:10 PM

Market at day's low; bank stocks continue to lose.

The market is currently trading at day's low where the BSE Sensex is currently trading at 34,398 points and the NSE Nifty is currently trading at 10,547 points. The bank stocks - Canara Bank, Union Bank, IDBI Bank, Andhra Bank and Oriental Bank of Commerce - are losing more than 4%. The IT stocks continue to lead due to the rupee hit.

Apr 20, 2018 1:36 PM

Experts say the 7.17%, 2028 bond yield surging 7.8% is a buying opportunity.

Apr 20, 2018 1:29 PM

Opposition parties decide to submit notice for impeachment proceedings against CJI.

Congress and other opposition parties, on Friday, decided to submit a notice for impeachment proceedings against Dipak Mishra, chief justice of India, said sources.

The parties led by Ghulam Nabi Azad reached vice-president Venkaiah Naidu's residence for a meeting over impeachment motion against the CJI.

"We have submitted a notice for impeachment of the CJI signed by 71 MPs," said Ghulam Nabi Azad.

According to sources, leaders from seven opposition parties including Congress, NCP, CPI(M), CPI, SP and BSP have signed the impeachment notice.

(With inputs from PTI)

Apr 20, 2018 1:26 PM

Opposition parties submit notice for impeachment proceedings against CJI.

Congress and other opposition parties, on Friday, have submitted a notice for impeachment proceedings against Dipak Mishra, chief justice of India, said sources.

The parties led by Ghulam Nabi Azad reached vice-president Venkaiah Naidu's residence for a meeting over impeachment motion against the CJI.

"We have submitted a notice for impeachment of the CJI signed by 71 MPs," said Ghulam Nabi Azad.

According to sources, leaders from seven opposition parties including Congress, NCP, CPI(M), CPI, SP and BSP have signed the impeachment notice.

(With inputs from PTI)

Apr 20, 2018 1:18 PM

Market remains under pressure; IT index up 4%.

The market remains under pressure due to weak global cues. The IT stocks, gaining because of the rupee hit, are gaining in trade. The Nifty IT index is up by 4% where TCS jumped 6% in trade. Other sectoral indices remain weak, with the Nifty Bank falling by over 200 points as the bank stocks continue to underperform.

Apr 20, 2018 1:01 PM

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