December 13, 2024 03:38 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal

Markets remain upbeat on Monday

| | Apr 18, 2016, at 09:40 pm
Mumbai, Apr 18 (IBNS) The Indian markets closed on an upbeat note on Monday, largely fuelled by strong quartet-end earnings posted by IT major Infosys and expectations of a normal monsoon, with the Sensex up 189.61 points to 25816.36 and Nifty up 64.25 points to 7914.70.

The last time Nifty had reached its psychological level of 7900 was on Jan 1.

However, a $940 million fine slapped by a US jury on Tata Consultancy Services (TCS) and  Tata America International Corp, in connection with a trade secret lawsuit filed in 2014, has made many players in the IT sector see red.

TCS on Saturday said it will defend its position.

Some of the top gainers on Monday included Infosys, Cipla, Bharti Airtel, Idea Cellular, HDFC, BPCL, UltraTech Cements and Lupin. 

Some of the leading names that disappointed were GAIL, SBI, Hero, ONGC, Bank of Baroda, and ICICI Bank.

 

Image: Wikimedia Commons

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.