BUSINESS
Sensex sets new records, crosses 43,700 mark
Apart from that, quarterly results that are better-than-expected, faster economic recovery as per high-frequency data, and development of a Covid-19 prevention vaccine that has reached an advanced stage which helped in boosting buyers' sentiments.
Sensex above 41,500 points, RIL surges 2%
The Sensex was trading at 41,594.21, higher by 254.05 points or 0.61 per cent from the previous close of 41,340.16 at around 10.40 a.m. It opened at 41,438.76 and has so far touched an intra-day high of 41,666.92 and a low of 41,383.29 points.
Sensex vaults 724 points
Investors took note of the improving macro scenario in the country. Activity in India’s dominant services industry expanded for the first time in eight months in October as demand surged.
The Nikkei/IHS Markit Services Purchasing Managers’ Index climbed to 54.1 in October from September’s 49.8. It was the highest reading since February and comfortably above the 50-mark separating growth from contraction.
2020 Hyundai i20 Launched In India
The Hyundai i20 is available in 4 variants – Magna, Sportz, Asta and Asta (O). A lot has changed with the new generation of the car and so we take you through every aspect. Do note the prices are introductory and will be valid till December 31, 2020.
Jeff Bezos sells more than $3 bn of Amazon stock
This marks a significant jump from last year when Bezos sold $2.8 billion worth of shares, CNBC reported on Wednesday.
Indiabulls Housing sells more stake in OakNorth Holdings for Rs 64 Cr
The sale proceeds will be accretive to the regulatory net worth and the CRAR of the company, Indiabulls Housing said in a regulatory filing.
Trivago loses appeal for misleading consumers
The court said the company had breached the Australian Consumer Law by making misleading representations about hotel room rates on its website and television advertising.
Sensex turns positive after negative opening
The Sensex of the BSE opened at 40,171.71 and touched a high of 40,477.55 and then a low of 40,107.96. The Sensex is trading at 40,445.97 up by 184.84 points or 0.46 per cent from its Tuesday's close at 40,261.13.
UK judge rules in India's favour another setback for Nirav Modi
Tuesday's hearing was an additional hearing scheduled to rule on the admissibility of evidence presented before the Westminster Magistrates Court. Modi was remanded in custody till December 1.
Alibaba reveals “fast rhino”
In a bid to reinvent and necessarily, efficiently innovate factories around China, Alibaba is all set to transform the country's outdated factories. It had been conducting a secret experiment on the outskirts of its hometown of Hangzhou.
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