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Ruchit Purohit

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The author is a Trainee Journalist at BW Businessworld based in Mumbai. He tracks the Markets and related news.

Latest Articles By Ruchit Purohit

Sensex, Nifty Open Gap-Up; Auto Stocks In Focus

The Auto stocks were in major focus in the morning deals after the sector released its sales numbers for the month of July.

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'Lots of Fresh Money In System Keeping Markets High': Sunil Jain of Nirmal Bang

The commodity prices are at lifetime highs, and this is due to the disruption caused due to Covid-19 in different parts of the world. Once the vaccination starts at a good rate then definitely the disruption will cool off and it will bring down the commodity prices, Sunil Jain, Head of Equity Research - Retail, Nirmal Bang, one of the leading stock broking companies.

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Dalal Street Loses Early Gains To Close in Red

The index is getting nervous at higher levels and today was no different. Every time it goes closer to the 15900 level, it is facing bouts of selling pressures as a result of which it takes a U-turn and collapses, said experts.

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Sensex, Nifty Trade Higher Led By IT Stocks

Shares of Tech Mahindra surged more than eight per cent to mark a fresh record high of Rs 1,233 post strong results for the June quarter.

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D-Street Ends Higher Amid Monthly Expiry

"We can expect the market to reach the higher levels of 16100-16200 in the weeks to follow," experts said.

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Sensex, Nifty Bounce Back; Tatva Chintan Lists At 95% Premium

Companies like Tech Mahindra, Motilal Oswal Financial Services, Ajanta Pharma, TVS Motor Company, and Future Retail are scheduled to announce their quarter earnings later today.

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Liquidity And Low Interest Rates Are Currently Driving the Stock Markets: SEBI Chairman Ajay Tyagi

"The funds raised via IPOs in the last five years i.e. 2016-2021 is six times more than that of the preceding five years," said Ajay Tyagi at the FICCI CAPAM'21.

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Sensex Drops Over 300 Points, Nifty Below 15,650

Maruti Suzuki, Nestle, ABB, Happiest Minds Technologies, and Central Bank of India were in major focus as the companies are scheduled to announce their results later today for the quarter ended June 30.

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Sensex Falls 274 Points; Pharma Stocks Decline

Shares of Dr. Reddys Labs plunged as much as 11 per cent in the session after the company released its numbers for the June quarter. The company saw a drop of 1.5 per cent in its net profit at Rs 570.8 crore against Rs 579.3 crore in June 2020.

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Market Ends 123 Pts Down; Banks & Auto Stocks Drag The Most

Shares of Reliance Industries contributed the most in the downfall as the company's shares shed over a per cent in the day's trade post their Q1 results.

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