Sensex 41,340.16 ▲ 1.78% Nifty 12,120.30 ▲ 1.78% The markets ended up by nearly 2% today. It seems that the news of US presidential candidate Joe Biden’s high chances of victory is making investors optimistic. In fact, today, only 2 companies in Nifty ended in the red. And in Sensex, all companies were in the green. The Sensex and Nifty have already reached levels similar to pre-lockdown levels. Top Gainers (Nifty) Hindalco Ind. Rs 187.35 ▲ 6.15% SBI Rs 218.65 ▲ 5.63% IndusInd Bank Rs 714.40 ▲ 5.36% Tata Steel Rs 425.50 ▲ 5.35% BPCL Rs 366.30 ▲ 5.00% Top Losers (Nifty) Hero MotoCorp Rs 2944.35 ▼ 0.80% HDFC Life Rs 592.05 ▼ 0.37% Saudi Fund Invests in Reliance Retail The Public Investment Fund will invest Rs 9,555 crores in Reliance Retail Ventures Ltd. (RRVL), a Reliance Industries subsidiary. The investment translates to a stake of 2.04%. PIF is the 10th investor in RRVL since September 9, 2020. PIF is a sov...
Top Gainers (Nifty) HCL Tech - Rs 900.45 ▲ 3.94% Kotak Mahindra Bank - Rs 1344.95 ▲ 2.44% Infosys - Rs 1158.00 ▲ 2.27% Reliance - Rs 2280.70 ▲ 1.95% UltraTech Cement - Rs 4382.75 ▲ 1.78% Top Losers (Nifty) Cipla - Rs 788.25 ▼ 3.25% Titan - Rs 1228.85 ▼ 2.22% Adani Ports - Rs 349.90 ▼ 2.17% Sun Pharma - Rs 503.15 ▼ 2.09% ICICI Bank - Rs 396.15 ▼ 1.91% 🥇 Gold: Rs 50,979 ▼ 0.25% at 6 PM 🥈 Silver: Rs 62,757 ▼ 1.13% at 6 PM Wipro Posts Fall in Net Profit; Board Announces BuyBack Wipro posted a 3.4% fall in consolidated net profit to Rs 2,465.70 crores in the July-to-September quarter as compared to the same quarter in the previous financial year. The company's board also approved a buyback proposal worth up to Rs 9,500 crores. Wipro will buy back 23.75 crore shares at Rs 400 per share . IMF Sees Contraction in 2020, Expans...