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Jan 17, 2019

Indian indices open higher with Nifty holding 10,900-mark; Sun Pharma plunges 11%

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Market Opens: Benchmark indices started the day on the positive note with Nifty holding above 10,900 mark.
The Sensex is up 64.75 points at 36438.83, while Nifty is up 14.70 points at 10919.90. About 429 shares have advanced, 312 shares declined, and 30 shares are unchanged. 
RIL, HUL, Vedanta, Hero Motocorp, Grasim, Hindalco, ONGC are the gainers, while Sun Pharma is down 11% and Lupin, Au Small Finance, Jet Airways, Interglobe Aviation are the other major losers.
Rupee Opens: The Indian rupee opened flat at 71.06  per dollar on Friday versus previous close 71.05.

Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-indian-indices-open-higher-with-nifty-holding-10900-mark-sun-pharma-plunges-11-3405561.html

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Federal Bank Q3 net profit rises 28% YoY to Rs 333.63 crore; NII up 13%

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reported a rise of 28 percent (year-on-year) in its net profit for the December quarter at Rs 333.63 crore from Rs 260 crore last year.
The Kochi-based lender also posted a growth of 13 percent (YoY) in its net interest income to Rs 1,077.3 crore against Rs 950 crore posted last year. For the uninitiated, the difference between interest earned and spent is known as net interest income.
Other income reported by the bank stood at Rs 345.5 crore against Rs 228.6 crore last year.
Source:https://www.moneycontrol.com/news/business/markets/federal-bank-q3-net-profit-rises-28-yoy-to-rs-333-63-crore-nii-up-13-3402431.html

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Jan 16, 2019

Sensex trades higher, Nifty around 10,900; Jet Airways slips 5%

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Market opens: Equity benchmarks have started the day on a positive note, with the Nifty is trading above 10,900 level.
The Sensex is up 137.17 points at 36458.46, while Nifty is up 36.40 points at 10926.70. About 472 shares have advanced, 170 shares declined, and 46 shares are unchanged. 
All other sectoral indices are trading in the green, while Midcap index is up 0.35 percent. 
Zee Entertainment, Bharti Airtel, Indiabulls Housing, HDFC, Axis Bank, Bajaj Finance are trading higher, while HCL Tech, Bajaj Auto, Jet Airways, Mindtree, Infosys, BPCL have lost the most. 
Shares of Reliance Industries and Hindustan Unilever are trading higher ahead of third quarter numbers.
Rupee Opens: The Indian rupee opened higher at 71.15 per dollar on Thursday versus previous close 71.24.
Source: https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-sensex-trades-higher-nifty-around-10900-jet-airways-slips-5-3400771.html

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