INSUBCONTINENT EXCLUSIVE:
Wipro, Infosys and Larsen Tourbowere among main contributors to the gains in Sensex.Benchmark equity indices opened on a positive note on
Monday on fresh buying in IT, tech and capital goods counters following robust GDP (Gross Domestic Product) growth rate for the April-June
Auto stocks were also in demand after the release of sales data for August on Saturday.Major gainers in the 30-share Sensex pack in the
That marked the highest level of economic growth recorded since the January-March period in 2016, and cemented India's position as the
10,500 crore) 10-year deal from the US-based technology firm, Alight Solutions LLC.The Indian rupee also recovered from all-time low of 71
and rose by 23 paise to 70.77 against the US dollar in early trade today.However, asian stocks dipped on Monday on worries about further
escalation of the US-China trade war and unstable emerging market currencies
Oil prices also dipped today on rising supply from OPEC and the United States, although expectations of falling Iranian output once
Tuesday and employment report on Friday, is also expected to show solid conditions.On the other hand, main losers on Sensex pack in the
morning session were Reliance (-0.34%), Maruti (-0.52%), ONGC (-0.58%), Axis Bank (-0.64%), Hindustan Unilever (-0.88%) and ICICI Bank
Main laggards on Nifty pack were Ultracemco (+0.95%), Maruti (+0.65%), ICICI Bank (+0.38%), HeroMotoCorp (+0.25%) and Axis Bank
(+0.11%).Meanwhile, the stock markets ended Friday's session on a mixed note
The SP BSE Sensex dropped 45.03 points to close at 38,645.07
The broader Nifty50 finished marginally higher at 11,680.50
