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Japan's Nikkei 225 rose 0.24 per cent, Korea's Kospi climbed 0.8 per cent, Hong Kong's Hang Seng edged 0.02 per cent higher while China's Shanghai Composite added 0.04 per cent in early trade.
Will the Oct outperformance trend continue in the market?The average return for the Nifty 50 in October has been 2.6 per cent in the last 10 years. The highest monthly return for the index in October was 9.8 per cent in 2013, while the lowest was a negative 5 per cent in 2018.
fro… Read MoreBanks relieved as govt will foot bill for interest waiverThe government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty over bank earnings for the quarter, giving them room to offer liberal loan-rejig terms … Read MoreMarket cap of 8 of 10 most valued firms zooms Rs 1.45 lakh cr; TCS biggest gainerThe market valuation of Tata Consultancy Services (TCS) zoomed Rs 37,692.7 crore to Rs 9,46,632.85 crore, emerging as the biggest gainer among the top 10 firms.
from Stocks-Markets-Economic Times https://ift.tt/3lbHu5U
… Read MoreFPIs turn net sellers after 3 months in Sept; pull out Rs 3,419 crForeign investors withdrew Rs 3,419 crore on net basis from Indian markets in September, according to depositories data. A net of Rs 7,783 crore was withdrawn from equities while the debt segment saw inflows of Rs 4,364 crore… Read MoreTCS to consider buyback on October 7CS is the first technology company to consider a buyback of its shares in the current fiscal. The company had cash reserves of Rs 73,993 crore in March 2020.
from Stocks-Markets-Economic Times https://ift.tt/2GyU8gi
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