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Sensex and Nifty reach new heights amid mixed sector performance (25-09-2024)
The BSE Sensex advanced by 255.83 points or 0.30 per cent to finish at 85,169.87, while the Nifty 50 climbed 63.75 points or 0.25 per cent to settle at 26,004.15
Stock market update: FMCG stocks down as market rises (25-09-2024)
The 30-share BSE Sensex closed up 255.83 points at 85169.87
KRN Heat Exchanger and Refrigeration IPO subscribed 23.73 times (25-09-2024)
The offer received bid for 26.08 crore shares as against 1.09 lakh shares on offer.
Sensex ends above 85,000, Nifty scales 26K (25-09-2024)
Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points or 0.30 per cent to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points or 0.39 per cent to hit a record intra-day peak of 85,247.42.
‘Are you up to some mischief’: Rahul Gandhi asks PM Modi to clarify stand on Kangana’s remark on farm laws (25-09-2024)
Rahul Gandhi criticized the BJP over MP Kangana Ranaut’s remarks on reviving the three farm laws, demanding Prime Minister Narendra Modi clarify his stance. Ranaut later withdrew her comments, stating they were personal opinions. Gandhi warned that any attempt to revive the laws would face opposition from the INDIA bloc, emphasizing respect for the farmers who protested against them.
Infosys collaborates with Polestar to establish a tech hub in Bengaluru (25-09-2024)
Infosys will establish a global technology hub for Polestar at its development center in Bengaluru, India. This hub aims to deliver electric vehicle (EV) software development and validation across many domains
including infotainment, Advanced Driver Assistance Systems (ADAS), and telematics. It also supports Polestar’s product management, customer engagement, corporate solutions, and accelerates direct-toconsumer digital services through cloud-native development, testing, and data engineering. Polestar will benefit from leveraging Infosys’ strategic assets like engineering labs, design studio, and Infosys Living Labs to enhance innovation.
Bank stocks lose weight in Nifty as old world charm of industrials take over (25-09-2024)
The weight of leading banks in the Nifty 50 index has decreased from a high of 32% in July 2023 to the current 27.7%, according to a Phillip Capital report. This underperformance is attributed to the subpar performance of HDFC Bank, the third largest stock by market capitalization in India.