While debt reduction will help, some of the gains are offset by cash losses and higher rental outgo
Focus shifts to how consolidation with Bharat Financial would play out
A year before, the sector got less than Rs 3,700 crore. In a year, SIP monthly contribution has increased by about 50%
Supply of new paper could cap further gains; FIIs continue to sell equities
The total market capitalization of BSE-listed companies touched a new high of Rs 137.56 lakh crore on Thursday.
The stock hit a record high of Rs 875, up 4% on the BSE, surpassed its previous high of Rs 872 touched on September 20, 2017 in intra-day trade
All that happened in Thursday's trade
The stock locked in upper circuit of 20% at Rs 110, also its 52-week high on the BSE, after the company received order worth of Rs 925 crore from GAIL (India).
The stock up 5% at Rs 213, extending its past two days 15% gain, after the company said RInfra entered into exclusive talks with the company for selling its Mumbai power business.
The IT major will announce its results tomorrow in the back of US and UK deals and improved spending by banking clients
Petronet LNG, Bata India, Sterlite Tech, Birla Corp and Bombay Burmah are among 17 stocks from the S&P BSE500 index hit their respective fresh record highs on the BSE on Thursday.
Earlier in the June quarter, TCS had posted 10% quarter-on-quarter (QoQ) drop net profit at Rs 5,950 crore
The index hit an intra-day low of 3,002, its lowest level since January 11, 2017
The stock hit a 52-week high of Rs 434, up 6%, extending its Wednesday's 3% gain on the NSE.
The stock was up 4% to Rs 549 on the BSE in early morning trade in otherwise subdued market.
The company is likely to announce its September quarter results on October 24
Nifty outlook and few trading ideas by Sacchitanand Uttekar, AVP - Technical (Equity)
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
RBI cut its median projections for gross value added growth for FY18 to 6.7% from 7.3%
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