Sensex Falls Over 100 Points to Snap Six-Day Record Run
Major losers were HDFC, Vedanta, Tata Steel, ICICI Bank, ITC, Tata Motors, Wipro, Kotak Bank, TCS, HDFC Bank, Infosys, SBI and Coal India, falling up to 1.14 per cent.from Top Business News- News18.com https://ift.tt/2mWSgk8
Forex dealers said the rise of yen against the greenback as investors braced for the highly-anticipated policy decision later in the day from the Bank of Japan, capped the rupee's fall.
The star of the YouTube channel Ryan ToysReview, simply known as Ryan, helped select the toys and apparel that will be sold under the name Ryan's World.
Refiners in India, Iran's top oil client after China, are weaning themselves away from Iranian oil after the US pulled out of the 2015 nuclear deal.
"The increase in profit was on account of dividend from HDFC Bank, which normally gives in the second quarter, but has given dividend in the first quarter and also on good asset quality," HDFC's vice chairman and chief executive officer, Keki Mistry, told reporters in Mumbai.
The airline's total debt in the books was Rs 2,500 crore at the end of June quarter, while the cash balance was Rs 13,200 crore, comprising Rs 6,100 crore of free cash and Rs 7,100 crore of restricted cash, as per the airline.
The consolidated revenue of Tech Mahindra stood at Rs 8,276.3 crore in the quarter under review, up 12.8 per cent from Rs 7,336.1 crore in the year-ago period, as per Indian Accounting Standards.
India last month shelved a plan to sell a majority stake in Air India due to lack of interest from bidders, in the latest setback in its ambitious efforts to rescue the ailing airline.
Revenue from operations increased to Rs 9,883.64 crore during June quarter of 2018-19, as against Rs 8,259.77 crore in the year-ago period.
TCNS Clothing Company sells its products under W, Aurelia and Wishful brands. Price band for the offer was set at Rs 714-716 per share.
The broader NSE Nifty too hit a new high by rising 31 points, or 0.27 per cent, to 11,309.35.
PSU, oil & gas, banking, power, metal, Infrastructure, consumer durables and realty sector stocks were leading the rally.
Traders said fresh month-end demand of the US currency from importers and dollar's strength against some currencies overseas weighed on the domestic unit.