Market at close: Benchmark indices ended better for the fourth consecutive day, with Nifty closed around 11,050 level. The Sensex was up 89.32 points at 36725.42, while Nifty become up to five.20 points at 11058.20. About 1287 shares have advanced, 1349 stocks declined, and 159 stocks are unchanged. L&T, M&M, Axis Bank, ITC, and Power Grid Corp had been the pinnacle gainers on the Nifty, even as losers include Wipro, IOC, Coal India, Zee Entertainment, and Sun Pharma. Among the sectoral indices, IT, steel, auto, and pharma witnessed selling pressure, while a few shopping for turned into visible within the bank, FMCG, and infra sectors.

Mar 07, 03:22 PM (IST)

HDFC Life board declared a period in-between dividend of Rs 1.63 in keeping with equity proportion of face cost Rs 10 every for the economic 12 months 2018-19.

Mar 07, 03:sixteen PM (IST)

Odisha authorities have authorized a suggestion of Jindal Stainless for putting in a non-public commercial estate close to Kalinga Nagar in the Jajpur district. Just In worth Rs 302 crore at some stage in February 2019, across its diverse business verticals and the subsidiary, PBS Pennar.

Mar 07, 02:sixteen PM (IST)

USFDA has concluded inspection at Goa facility between February 25 and March 6, 2019, ensuing in Form 483 with eight observations.

Axis Bank

Mar 07, 02:04 PM (IST)

Rushabh, the Maru-Research Analyst at Anand Rathi Shares and Stock Brokers, said, “The rupee has appreciated on the lower back of easing crude oil prices within the international market. There is a lot of optimism concerning other deals among the USA and China.”

“Having said that, volatility is anticipated to push incoming classes for the rupee upward as the country is heading closer to the overall election. Still, there may be a lot of uncertainty concerning the exchange deal between the US and China. Hence importers are recommended to hedge their publicity given the uncertainty and volatility due to domestic and worldwide elements,” he delivered Finance Minister says:

Investment with the aid of NHPC in Chenab valley energy undertaking gets Cabinet approval.

Cabinet approves the provision of additional funds for sugar mills

Cabinet approves putting in superb thermal power challenge in UP’s Khurja

Allocate another fund of Rs 2790 crore to enhance ethanol production

Buxar Thermal strength undertaking receives Cabinet approval

Cabinet approves the acquisition of Lanco Teesta hydro mission

Cabinet approves alternative divestment mechanism for PSUs