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People watch the Sensex on a screen outside Bombay Stock Exchange (BSE) in Mumbai. (PTI)

Indian shares extend gains as lenders, IT stocks advance

Reuters | | Posted by Prashasti Singh, Bengaluru
UPDATED ON MAR 02, 2021 09:52 AM IST
The NSE Nifty 50 index rose 0.8% to 14,880.10 by 0355 GMT, about 120 points short of the 15,000 level that it last touched on Feb. 25.
HDFC Bank and Housing Development Finance Corp were the top drags to the Nifty 50 index, falling 2.5% and 2.2%, respectively.(Bloomberg)
HDFC Bank and Housing Development Finance Corp were the top drags to the Nifty 50 index, falling 2.5% and 2.2%, respectively.(Bloomberg)

Shares slump to over one-month low as banks slid

Reuters | , Bengaluru
PUBLISHED ON JAN 28, 2021 10:05 AM IST
Shares of Axis Bank dropped as much as 2.6% after its third-quarter profit slumped due to a surge in provisions for bad loans
Indian shares recouped early losses to trade higher as gains in financial stocks, following Fed’s rate-cut hints, offset losses in IT counters triggered by a report of US move to cap H1-B work visas.(Representative Image)
Indian shares recouped early losses to trade higher as gains in financial stocks, following Fed’s rate-cut hints, offset losses in IT counters triggered by a report of US move to cap H1-B work visas.(Representative Image)

Indian shares rise; financials offset IT losses on visa curb fears

Bengaluru | By Reuters
UPDATED ON JUN 20, 2019 11:40 AM IST
The US Fed said it was gearing up to face global growth and economic risks with rate cuts starting as early a next month.
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