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Markets flat in early trade; Sensex inches towards regaining 34,000-mark
Posted on 13th March 2018
NEW DELHI: Benchmark equity indices opened with losses on Tuesday morning before flattening, a day after Sensex recorded its biggest intra-day gain in two years.

30-share BSE Sensex opened with a loss of 99.72 points on 33,818.22. The broader Nifty too lost more than 30 points at opening. However, in the initial fifteen minutes of trading, both the indices pared some of their losses.

On Monday, buoyed by global cues and encouraging macroeconomic data closer home, the Street made hefty gains as Sensex surged by more than 600 points.

In Tuesday's early trading, the PSU bank sub-index had made a strong comeback gaining more than 2 per cent. The index had finished in the red even amid the buying spree yesterday.

Related Companies: Bombay Stock Exchange - BSE   National Stock Exchange of India Ltd (NSE)    

Other Latest News
Infosys deploys digital banking solution at Australian Military Bank
Posted on 25th September 2018
New Delhi: IT major Infosys on Tuesday said it has deployed its Finacle banking solutions suite for Australian Military Bank (AMB).

The comprehensive digital banking solution stack has been implemented in a fully software-as-a-service (SaaS) model, hosted out of Infosys datacentres in the country, Infosys said in a statement.


Another LIC bailout in offing? IL&FS will not be allowed to collapse, all options open, says LIC chief
Posted on 25th September 2018
State-owned insurer LIC Tuesday said it will not allow debt-ridden IL&FS to collapse and explore options to revive it.T he Life Insurance Corporation (LIC) has the largest shareholding in IL&FS. IL&FS Financial Services, a group company of IL&FS defaulted on one of its commercial paper (CP) issuances due for repayment on Monday. This was the third default by the company.

A tale of two seats on Air India 184 - one of the longest long-hauls there is
Posted on 25th September 2018
'Are you sure you want me to book you on a return ticket on Air India?’ Anurag, my ever-so-helpful and slightly-alarmed travel agent asked. I said yes. ‘It’s not all as bad as you make it out to be.’ I’d been on Air India flights before, that too economy, how bad could business class be? It is our national carrier, they fly 777s and 787s - business class promises fully flat seats where you could expect to be relatively comfortable and even get in a night’s sleep.

TCS will conduct online test to hire engineer graduates
Posted on 25th September 2018
Attention all engineer graduates! If you want to work with TCS, then from now nwards you are required to clear an online test. According to a Times of India report, the tech firm is all set to digitize the hiring process. TCS is mulling over dropping the process of visiting campuses and hiring from colleges directly to be more efficient.

Indian Oil sees India's oil demand surging to 500 mn tonnes per yr by 2040
Posted on 25th September 2018
India's crude oil demand is forecast to grow to 500 million tonnes per year by 2040, but persistent increases in oil prices might act as a dampener for the rate of growth, Partha Ghosh, an executive director at Indian Oil Corp said on Tuesday.

That would be equivalent to around 10 million barrels per day (bpd), up from about 4.7 million bpd in 2017.


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