January 01, 2026 09:13 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
No third party involved: India govt sources refute China’s Operation Sindoor ceasefire claim | Amit Shah blasts TMC over border fencing; Mamata fires back on Pahalgam and Delhi blast | 'A profound loss for Bangladesh politics': Sheikh Hasina mourns Khaleda Zia’s death | PM Modi mourns Khaleda Zia’s death, hails her role in India-Bangladesh ties | Bangladesh’s first female Prime Minister Khaleda Zia passes away at 80 | India rejects Pakistan’s Christmas vandalism remarks, cites its ‘abysmal’ minority record | Minority under fire: Hindu houses torched in Bangladesh village | Supreme Court puts Aravalli redefinition on hold amid uproar, awaits new expert committee | Supreme Court strikes! Kuldeep Sengar’s bail in Unnao case suspended amid public outcry | From bitter split to big reunion! Pawars join hands again for high-stakes civic battle

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.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm