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Benchmark indices ended higher but off day's high on June 25 as it gained some momentum in late trading after remained flat for the initial period of the day.
At close, the Sensex was up 311.98 points at 39,434.94, while Nifty was up 96.80 points 11,796.50. About 1233 shares have advanced, 1268 shares declined, and 166 shares are unchanged.
JSW Steel, BPCL, Reliance Industries, Axis Bank and Tata Steel were among major gainers on the indices, while losers were Yes Bank, Bharti Infratel, Asian Paints, IndusInd Bank and L&T.
All the sectoral indices ended in the green led by metal, energy, auto, PSU bank, pharma, infra and FMCG. Midcap and Smallcap indices also ended higher.
HEADLINES OF THE DAY
At close, the Sensex was up 311.98 points at 39,434.94, while Nifty was up 96.80 points 11,796.50. About 1233 shares have advanced, 1268 shares declined, and 166 shares are unchanged.
JSW Steel, BPCL, Reliance Industries, Axis Bank and Tata Steel were among major gainers on the indices, while losers were Yes Bank, Bharti Infratel, Asian Paints, IndusInd Bank and L&T.
All the sectoral indices ended in the green led by metal, energy, auto, PSU bank, pharma, infra and FMCG. Midcap and Smallcap indices also ended higher.
HEADLINES OF THE DAY
TCS through TCS Asia Pacific Pte, is acquiring 15% stake from Mitsubishi Corporation in Tata Consultancy Services Japan for a total consideration of JPY 3.5 billion.
Dr. Reddy's Laboratories announced the launch of Tobramycin Inhalation Solution, USP a therapeutic equivalent generic version of TOBI (tobramycin) Inhalation Solution, approved by the US Food and Drug Administration (USFDA).
Infosys announces partnership with Toyota Material Handling Europe
Shriram Transport Finance Company in Action :- Company informed exchanges that Piramal Enterprises and TPG are valuable investors / partners of the Shriram group. Both PEL and TPG are evaluating the feasibility of selling their respective shareholding in SCL.
Torrent Pharma redeems NCDs worth Rs 83 crore: Secured redeemable non-convertible debentures (NCDs) of Rs 83 crore has been redeemed and repaid by the company on June 24, 2019.
SBI Life Insurance Company shares fell 5 percent on June 25 after foreign partner BNP Paribas Cardif will sell up to 2.5 percent stake in company.
The crucial resistance for Nifty spot is now seen at 11900 and above this 12040 Support for the immediate term is now placed at 11560 next support will be 11460.
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