Sensex surges higher by 83 points in early trade
The Bombay Stock Exchange benchmark Sensex on Friday opened 83 points higher on buying mainly in information technology stocks.
The BSE-30 share index, which lost nearly 1,150 points in the last two previous trading sessions, opened 83.14 points higher at 17,610.07.
Similarly, National Stock Exchange's Nifty rose by 1.15 points at 5132.10.
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- The revenue in March may cross the record Rs.1,19,875 crore collected in January by at least Rs.10,000 crore.
- After fighting multiple bouts of volatility during the session, the BSE gauge Sensex settled 35.75 points or 0.07 per cent higher at 50,441.07.
- Despite decades of strong economic growth, the country’s spending on health care is barely 1% of GDP, way below Brics peer nations, resulting in serious supply-side deficits of facilities and professionals.
- Aditya Birla Sun Life Asset Management has started talks with potential merchant bankers for the IPO, which is likely to be launched in the June quarter, said the people cited above.
- The Bengaluru-based firm plans to start production as early as in June. That’s audacious, given that the land—260 acres for the plant and 240 acres for two supplier parks—is still in excavation mode.
- The term sheet executed between the two parties in 2015, promised ZO Rooms’ shareholders 7% of Oyo.