Tag: TCS

Daily Market Highlights MAY 27

Previous Day Market Sensex closed at 51,017.52 up by 379.99 points Nifty closed at 15,301.45 up by 93.00 points BPCL reported net profits of Rs.11,940 crore in the Mar-21 quarter against a net loss of Rs.1,361 crore in the Mar-20 quarter. Standalone gross revenues from operations stood 21% higher at Rs.98,756 crore. The board of

Weekly Capsule (Apr 12 – Apr 16)

News Announcement Impact Analysis ·        CPI inflation comes in higher at 5.52% for the month of March 2021 ·        Inflation was driven higher by food inflation touching 4.94% and a sharp spike in core inflation to 5.96% in Mar-21 ·        While inflation is still within the RBI 6% range, sustained thrust in inflation above that

Daily Market Update FEB 23

Even as DHFL was getting close to being sold to Piramal Enterprises, there is a new angle as the transaction auditor, Grant Thornton, has reported further fraudulence worth Rs6,182 crore in DHFL. The report by Thornton states that certain transactions were undervalued, fraudulent and preferential in nature. These transactions apparently were executed over a period