Closing Bell: Sensex closes over 100 points lower, Nifty below 10,900; IT stocks gain

Closing Bell: Sensex closes over 100 points lower, Nifty below 10,900; IT stocks gain

Market at Close Shares have closed lower, amid caution ahead of RBI’s monetary policy committee meeting outcome on Wednesday. Uncertainty over US-China trade truce has also weighed on indices. Among sectors, weakness was visible among automobiles, banks, consumption and infrastructure...
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Snap lays off 100 employees in latest round of downsizing

Snap lays off 100 employees in latest round of downsizing

Snap Inc. is cutting another set of employees, focusing this time on the advertising side of the business after earlier trimming staff in engineering and content. The cuts total around 100 workers, according to people familiar with the matter, and...
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EESL firms up £100 million investment plan to buy heat, power utility in UK

EESL firms up £100 million investment plan to buy heat, power utility in UK

New Delhi: State-run Energy Efficiency Services Ltd (EESL) is firming up a £100 million investment plan for buying a combined heat and power utility in the UK, and investing in firms that are setting up fast-charging electric vehicle (EV) infrastructure and....
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Sensex Up Over 100 Points, ITC Surges Nearly 3%

Indian shares edged up on Wednesday, but investors remained on the sidelines in the absence of strong catalysts after the market’s record-setting run early this month. Sentiment was largely muted in Asia, with MSCI’s broadest index of Asia-Pacific ...
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Sensex Down Over 100 Points, Nifty Below 9,550; PSU Banks Weigh

Sensex Down Over 100 Points, Nifty Below 9,550; PSU Banks Weigh

The Sensex fell over 100 points and Nifty was trading below its important psychological level of 9,550 as PSU banking shares came under heavy selling pressure after a report suggested that the strong steps taken by Reserve Bank to resolve...
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Sensex Rebounds Over 100 Points, Nifty Above 9,600

Sensex Rebounds Over 100 Points, Nifty Above 9,600

Mumbai: The BSE Sensex rebounded 107 points and the NSE Nifty reclaimed the 9,600-mark today, propelled by the exports growth in May amid mixed Asian cues. The 30-share index recovered sharply by 107 points, or 0.34 per cent, to 31,182.73,...
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