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In opening trade, Sensex rallied 620 points or 1.25% crossing the 50,000-mark at 50,354 while the broader market index Nifty reclaimed 15,000 at 15,034 up 170 points or 1.14%.
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Reliance Industries is going to set up a 1,000-bed Covid-19 hospital with oxygen facility at Jamnagar in Gujarat's Saurashtra region
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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 138 points at the opening bell.
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Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
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Tata Elxsi has not only recovered from COVID induced selloff, but is on a record-breaking spree and is quoting at an all-time high
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The rally has surprised most traders and fund managers, who were expecting the market to slide given the restrictions announced by many state governments in light of the impact of the second wave of COVID-19.
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Sensex jumped 789 points or 1.61% higher at 49,733. Similarly, the broader Nifty surged 211 points or 1.44% to 14,864
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Rajratan Global Wire and JTL Infra posted 61% and 99.14% growth in net profit at Rs 53.13 crore and Rs 20.06 crore, respectively
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Prudent provision buffer gives Axis Bank a significant cushion for any potential impact on asset quality from the second wave of the pandemic
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The company said that Zomato is proposing an IPO of its equity shares, comprising a fresh issue of equity shares by Zomato and an offer for sale by Info Edge (India).