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		<title>Stock market sets a new record</title>
		<link>https://thegulfindians.com/stock-market-sets-a-new-record/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 23 Nov 2020 12:17:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Dr. Reddy's Laboratories]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[HCL Tech]]></category>
		<category><![CDATA[Hero Motors]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[IOC]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[TCS]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=18288</guid>

					<description><![CDATA[<p>The stock market, which has been on a steady rise, has set a new record on November 23. The Nifty set a new record of 12,968. The Sensex was up 194 points and the Nifty 67 points. The Sensex closed above 44,000 and the Nifty closed above 12,900. The Sensex closed at 44,077.15 points and</p>
<p>The post <a href="https://thegulfindians.com/stock-market-sets-a-new-record/">Stock market sets a new record</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market, which has been on a steady rise, has set a new record on November 23. The Nifty set a new record of 12,968. The Sensex was up 194 points and the Nifty 67 points. The Sensex closed above 44,000 and the Nifty closed above 12,900.</p>
<p>The Sensex closed at 44,077.15 points and the Nifty closed at 12926.50 points. The Nifty had fallen 140 points during the day. The day’s low is 12,825 points.</p>
<p>IT, metal and pharma stocks were the major contributors to the day’s gains. The Nifty Metal index was up 1.22 per cent, the Nifty Pharma index was up 1.83 per cent and the Nifty IT index was up 2.79 per cent.</p>
<p>The top five gainers were ONGC, IndusInd Bank, GAIL, Dr Reddy’s Laboratories and Infosys. ONGC rose 6.63 per cent. IndusInd Bank, GAIL, Dr Reddy’s Laboratories and Infosys gained over 3 per cent each.</p>
<p>The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 36 gained while 14 lost. Shares of IOC, Hero Motors, HCL Tech, TCS and BPCL lost ground. The IOC fell 2.06 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-sets-a-new-record/">Stock market sets a new record</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Infosys&#8217; Narayana Murthy disapproves permanent work from home system</title>
		<link>https://thegulfindians.com/infosys-narayana-murthy-disapproves-permanent-work-from-home-system/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 18 Nov 2020 12:33:48 +0000</pubDate>
				<category><![CDATA[India]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[#covid19]]></category>
		<category><![CDATA[coronavirus]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Narayana Murthy]]></category>
		<category><![CDATA[work from home]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17960</guid>

					<description><![CDATA[<p>NIRMAL YESODA As more medical companies are busy developing coronavirus vaccine, Infosys co-founder N R Narayana Murthy has urged the government and companies to provide free shots once the vaccines become available. In an exclusive talk with the Economic Times, Narayana Murthy revealed that the coronavirus vaccine should be given free to the entire population</p>
<p>The post <a href="https://thegulfindians.com/infosys-narayana-murthy-disapproves-permanent-work-from-home-system/">Infosys&#8217; Narayana Murthy disapproves permanent work from home system</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="color: #333399;"><strong>NIRMAL YESODA</strong></span></p>
<p>As more medical companies are busy developing coronavirus vaccine, Infosys co-founder N R Narayana Murthy has urged the government and companies to provide free shots once the vaccines become available.</p>
<p>In an exclusive talk with the Economic Times, Narayana Murthy revealed that the coronavirus vaccine should be given free to the entire population on the planet.</p>
<p>&#8220;These vaccines should be free for the entire population on the planet. All vaccine-producing companies should be compensated by the UN or the individual countries for their cost and not for huge profits,&#8221; said Narayana Murthy.</p>
<p>However, Murthy made it clear that he is not supporting the work from home (WFH) system on a permanent basis. According to Murthy, work from home can be embraced until the day we contain the pandemic. He also added that employees will find it difficult to focus on their tasks while working from home.</p>
<p>Murthy also urged governments to reopen schools only after taking adequate safety measures, including the usage of PPE kits, and the practice of effective social distancing.</p>
<p>According to the latest updates, there are more than 8.91 million reported coronavirus cases in India. The pandemic has already claimed the lives of more than 1.31 lakh people in the nation.</p>
<p>The post <a href="https://thegulfindians.com/infosys-narayana-murthy-disapproves-permanent-work-from-home-system/">Infosys&#8217; Narayana Murthy disapproves permanent work from home system</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market continues to rally</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 04 Nov 2020 11:59:57 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Divis Lab]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Reliance Industries]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17015</guid>

					<description><![CDATA[<p>Our Correspondent The stock market gained for the third day in a row. The market was likely to rise as Donald was likely to return to the US presidency. It is hoped that Trump will take a pro-market stance. The Sensex was up by 335 points and the Nifty by 95 points. Severe volatility persisted</p>
<p>The post <a href="https://thegulfindians.com/stock-market-continues-to-rally/">Stock market continues to rally</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Our Correspondent</strong></p>
<p>The stock market gained for the third day in a row. The market was likely to rise as Donald was likely to return to the US presidency. It is hoped that Trump will take a pro-market stance. The Sensex was up by 335 points and the Nifty by 95 points. Severe volatility persisted throughout the trade.</p>
<p>The trade started with gains but then fluctuated sharply. At one point, the market went into a tailspin. But then there was a strong recovery. The Nifty traded down more than 150 points during the day.</p>
<p>The Sensex remained above 40,000 points. The Sensex closed at 40,616 points. The Nifty rose again to 11,900 points. The Nifty rose to 11, 929 registering 95 points gain. Even though it crashed to 11,756 it made strong recovering and closed at 11,908 points.</p>
<p>The majority of Nifty stocks traded higher during the day. Of the 50 stocks involved in the Nifty, 33 gained while 17 lost. IndusInd Bank, Sun Pharma, Divis Lab, Reliance Industries and Cipla were the top five gainers of the day.</p>
<p>IndusInd Bank gained 4.89 per cent. IndusInd Bank, Sun Pharma, Divis Lab, Reliance Industries, Cipla and Infosys gained over 3 per cent each.</p>
<p>Pharma and IT stocks were the biggest gainers of the day. The Nifty Pharma index was up 2.18 per cent. The Nifty IT index gained 1.78 per cent.</p>
<p>UPL, Axis Bank, HDFC, ICICI Bank and Hindalco were the top five losers in the Nifty. UPL was down 3.90 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-continues-to-rally/">Stock market continues to rally</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market gains after fluctuation</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 27 Oct 2020 11:50:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Shree Cements]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=16448</guid>

					<description><![CDATA[<p>The stock market on October 27 made up for the losses the day before. The Sensex was up by 376 points and the Nifty by 121 points. The market closed with gains after a sharp volatility. The morning trade started with a slight gain but then moved towards a loss. But since then there has</p>
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]]></description>
										<content:encoded><![CDATA[<p>The stock market on October 27 made up for the losses the day before. The Sensex was up by 376 points and the Nifty by 121 points. The market closed with gains after a sharp volatility.</p>
<p>The morning trade started with a slight gain but then moved towards a loss. But since then there has been a strong uptick in the market. The Nifty gained 175 points from a low.</p>
<p>The Sensex closed at 40,522 points. It was up 40,555 points. Today&#8217;s low was 39,978 points. There was strong support at 40,000 points.</p>
<p>The Nifty fell below 11,800 points on October 26 but rose above that level on October 27. Similarly, Nifty gained 121 points to 11,899. The Nifty closed at 11,889 points, after falling 1,723 points.</p>
<p>The majority of Nifty stocks traded higher. Of the 50 stocks involved in the Nifty, 32 gained while 18 lost. Kotak Mahindra Bank, Nestle India, Asian Paints, Shree Cements and Bajaj Finance were the top five gainers.</p>
<p>Kotak Mahindra Bank gained 11.70 per cent. During the July-September quarter, Kotak Mahindra Bank reported better-than-expected performance. This is what caused the stock price to soar. Shares of Nestle India, Asian Paints and Shree Cements gained over 5 per cent.</p>
<p>Bank stocks were the biggest gainers. The Nifty Bank Index was up 2.88 per cent. Kotak Mahindra Bank&#8217;s strong performance led to the rise of other bank stocks. At the same time, IT stocks lost ground.</p>
<p>HDFC, TCS, ONGC, Infosys and Wipro were the top five gainers in the Nifty. HDFC fell more than 2 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-gains-after-fluctuation/">Stock market gains after fluctuation</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex closes above 40,000 points</title>
		<link>https://thegulfindians.com/sensex-closes-above-40000-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 08 Oct 2020 11:33:31 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#L&T]]></category>
		<category><![CDATA[000]]></category>
		<category><![CDATA[Aysher Motors]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Sensex is above 40]]></category>
		<category><![CDATA[TCS]]></category>
		<category><![CDATA[Ultratech Cement]]></category>
		<category><![CDATA[Wipro]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=15118</guid>

					<description><![CDATA[<p>The Sensex rose above 40,000 points. The stock market advanced for the fifth day in a row. The Sensex was up 303 points and the Nifty was up 95 points on October 8. The Sensex closed at 40,182 points. The day’s low was 40,062 points. It had surged to 40,468.88 points during trading. The Nifty</p>
<p>The post <a href="https://thegulfindians.com/sensex-closes-above-40000-points/">Sensex closes above 40,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Sensex rose above 40,000 points. The stock market advanced for the fifth day in a row. The Sensex was up 303 points and the Nifty was up 95 points on  October 8.</p>
<p>The Sensex closed at 40,182 points. The day’s low was 40,062 points. It had surged to 40,468.88 points during trading. The Nifty rose above 11,800 points and closed at that level. The Nifty rose to 11,905 points during trading. It has since closed at 11,834. IT stocks led the surge on the day.</p>
<p>Most of the 50 stocks in the Nifty were gainers on the day. Twenty-eight stocks gained while 22 stocks lost. Wipro, Cipla, TCS, Ultratech Cement and Infosys were the top gainers. Wipro rose 7.34 per cent.</p>
<p>Gail, ONGC, ITC, Aysher Motors and L&amp;T were the top five losers in the Nifty.</p>
<p>The post <a href="https://thegulfindians.com/sensex-closes-above-40000-points/">Sensex closes above 40,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market continues to rise; Nifty above 11,200 points</title>
		<link>https://thegulfindians.com/stock-market-continues-to-rise-nifty-above-11200-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 28 Sep 2020 12:16:23 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[Adani Ports]]></category>
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		<category><![CDATA[Federal Bank]]></category>
		<category><![CDATA[Hindustan Unilever]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[of Balakrishna Industries]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Powergrid]]></category>
		<category><![CDATA[RBL Bank]]></category>
		<category><![CDATA[Sun Pharma]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=14455</guid>

					<description><![CDATA[<p>The stock market surged for the second day in a row on September 28. The Sensex was up 592 points and the Nifty was up 177 points. The Sensex has gained over 1,400 points in two days. The Sensex ended at 37,981 points. It rose to 38,035 points during trading but could not close above</p>
<p>The post <a href="https://thegulfindians.com/stock-market-continues-to-rise-nifty-above-11200-points/">Stock market continues to rise; Nifty above 11,200 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market surged for the second day in a row on September 28. The Sensex was up 592 points and the Nifty was up 177 points. The Sensex has gained over 1,400 points in two days.</p>
<p>The Sensex ended at 37,981 points. It rose to 38,035 points during trading but could not close above 38,000. The trade started with a good gain in the morning. The rise in the US market was also reflected in the Indian market.</p>
<p>The Nifty closed above 11,200 on the day. The Nifty, which rose to 11,234 points, closed at 11,227. The Nifty, which dipped below 11,800 last week, rose 450 points from there.</p>
<p>Most of the 50 stocks in the Nifty were gainers on the day. Of the 46 stocks that gained, only four lost. IndusInd Bank, Bajaj Finance, Axis Bank, ONGC and Tata Motors were the top gainers. IndusInd Bank gained 8 per cent. Shares of Bajaj Finance, Axis Bank, ONGC, Tata Motors, Powergrid, Adani Ports and Sun Pharma gained over 4 per cent</p>
<p>Wipro, Hindustan Unilever, Nestle India and Infosys were the only four Nifty stocks to lose ground. These stocks recorded a loss of less than one per cent.</p>
<p>Banks, auto, IT and metal stocks were the top gainers on the day. The Nifty Bank Index was up 3.26 per cent, the Nifty Auto Index was up 3.04 per cent and the Nifty Metal Index was up 2.96 per cent. Banking stocks such as IndusInd Bank, Bandan Bank, Federal Bank, Axis Bank and RBL Bank rose between 5 per cent and 8 per cent. Automobile shares of Balakrishna Industries and TVS Motors gained over 6 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-continues-to-rise-nifty-above-11200-points/">Stock market continues to rise; Nifty above 11,200 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex down 98 points; IT stocks gain</title>
		<link>https://thegulfindians.com/sensex-down-98-points-it-stocks-gain/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 14 Sep 2020 10:45:11 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[ech Mahindra]]></category>
		<category><![CDATA[HCL Tech]]></category>
		<category><![CDATA[Infosys]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=13296</guid>

					<description><![CDATA[<p>The stock market started the day on a positive note but could not sustain gains. The market was volatile as in the past week. The Sensex was down 98 points and the Nifty was down 24 points. The Sensex ended at 38,756 points. It was up 39,230 points on September 14. But The Sensex has</p>
<p>The post <a href="https://thegulfindians.com/sensex-down-98-points-it-stocks-gain/">Sensex down 98 points; IT stocks gain</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market started the day on a positive note but could not sustain gains. The market was volatile as in the past week. The Sensex was down 98 points and the Nifty was down 24 points.</p>
<p>The Sensex ended at 38,756 points. It was up 39,230 points on September 14. But The Sensex has not been able to cross the psychological level of 39,000.</p>
<p>The Nifty was up 11,568 points at one point but could not sustain gains. It closed at 11,440 points. It had fallen to 11,384 points during trading but closed above 11,400.</p>
<p>Most of the index-based stocks were down. Of the 34 stocks in the Nifty, only 16 gained. IT stocks were the main gainers on the day. HCL Tech, TCS, Wipro, Tech Mahindra and UPL are the top five gainers in the Nifty.</p>
<p>The Nifty IT index was up 4.44%. Shares of HCL Technologies rose 10.60 per cent on the back of strong performance in the second quarter. This led to the rise of other IT stocks as well. TCS was up 4.85 per cent and Wipro was up 4.45 per cent. IT stocks such as HCL Tech, TCS, Wipro and Infosys hit 52-week highs on the day.</p>
<p>Bharti Airtel, Bajaj Finance, BPCL, Powergrid and SBI were the biggest losers in the Nifty. Bharti Airtel, Bajaj Finance and BPCL fell more than 3 per cent.</p>
<p>The Nifty Realty Index was up 3.72 per cent. At the same time, selling pressure on bank shares was visible.</p>
<p>SEBI&#8217;s proposal to change the investment ratio of multicap funds has led to a surge in smallcap stocks. The Nifty Smallcap 50 Index was up 6.25 per cent on the day.</p>
<p>The post <a href="https://thegulfindians.com/sensex-down-98-points-it-stocks-gain/">Sensex down 98 points; IT stocks gain</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty falls to 11,350 points</title>
		<link>https://thegulfindians.com/nifty-falls-to-11350-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 08 Sep 2020 12:54:16 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[HCL Tech]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Infratel]]></category>
		<category><![CDATA[Metal stocks]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<category><![CDATA[Wipro]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12787</guid>

					<description><![CDATA[<p>The stock market continued to fluctuate strongly. The Nifty closed below 11,350 on September 8. This indicates that the market will continue to be weak for a short period of time. The Sensex fell by 52 points to close at 38,365.35 points. The market witnessed sharp fluctuations throughout the trading session. The market was up</p>
<p>The post <a href="https://thegulfindians.com/nifty-falls-to-11350-points/">Nifty falls to 11,350 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market continued to fluctuate strongly. The Nifty closed below 11,350 on September 8. This indicates that the market will continue to be weak for a short period of time.</p>
<p>The Sensex fell by 52 points to close at 38,365.35 points. The market witnessed sharp fluctuations throughout the trading session. The market was up in the morning but the subsequent fluctuations led to losses.<br />
Similarly, the Nifty ended 37 points lower at 11,317.40. It was up 11,437 points during the trade. But then it fell to 150 points. The Nifty is currently trading at 11,291 points.</p>
<p>Thirteen Nifty stocks rose points while 37 stocks declined. BPCL, HCL Tech, Infosys, Reliance Industries and Wipro are the top five gainers in the Nifty. BPCL rose 2.75 per cent. IT stocks were the biggest gainers on the day. The decline was visible in other areas.</p>
<p>Infratel, Zee Limited, Tata Motors, Hindalco and Tata Steel were the biggest losers in the Nifty. Infratel fell 8.14 per cent. Shares of Zee Limited, Tata Motors, Hindalco and Tata Steel lost more than 3 per cent each.</p>
<p>Metal stocks fell sharply. The Nifty Metal Index lost 3 per cent. Shares of Jindal Steel, SAIL, NMDC and National Aluminum fell more than 40 per cent.</p>
<p>The post <a href="https://thegulfindians.com/nifty-falls-to-11350-points/">Nifty falls to 11,350 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex up 272 points, closes at 38,900</title>
		<link>https://thegulfindians.com/sensex-up-272-points-closes-at-38900/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 01 Sep 2020 11:41:59 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
		<category><![CDATA[Biocon]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Infratel]]></category>
		<category><![CDATA[Jindal Steel]]></category>
		<category><![CDATA[JSW Steel]]></category>
		<category><![CDATA[National Aluminum]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[SAIL]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<category><![CDATA[telecom]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12301</guid>

					<description><![CDATA[<p>The stock market rose on September 1 after a sharp decline the day before. The Sensex was up 272 points on the day and the Nifty was up 83 points. The Nifty closed at 11,470 points. The Sensex closed at 38,900 points. Thirty-five Nifty stocks rose while 15 stocks declined. Bharti Airtel, JSW Steel, Hindalco,</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-272-points-closes-at-38900/">Sensex up 272 points, closes at 38,900</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market rose on September 1 after a sharp decline the day before. The Sensex was up 272 points on the day and the Nifty was up 83 points. The Nifty closed at 11,470 points. The Sensex closed at 38,900 points.</p>
<p>Thirty-five Nifty stocks rose while 15 stocks declined. Bharti Airtel, JSW Steel, Hindalco, Asian Paints and Bajaj Finance were the top five gainers in the Nifty. Bharti Airtel rose 7.11%. Shares of JSW Steel, Hindalco, Asian Paints, Bajaj Finance, NTPC and Tata Steel gained over 4%.</p>
<p>The Supreme Court ruling on the payment of AGR arrears by telecom companies has created a mixed reaction among stocks in the sector. Shares of Bharti Airtel rose 70 per cent, while Vodafone Idea fell more than 12 per cent.</p>
<p>The September 1 verdict was eagerly awaited one of the Supreme Court. The Supreme Court has allowed telecom companies 10 years to pay AGR arrears. This deadline will start on April 1, 2021. The court also ordered that 10 per cent of the amount be paid by March 31. The telecom companies had asked the Supreme Court to allow them 15 years. The verdict has generated a positive response in the market in general.</p>
<p>Metal stocks performed the best on September 1. The Nifty Metal Index was up 3.15 per cent. Shares of JSW Steel, Jindal Steel, Hindalco, Tata Steel, SAIL and National Aluminum rose over 40 per cent. The Nifty Pharma index was up 2.34 per cent and the Nifty FMCG was up 1.28 per cent. Leading pharma stocks Biocon gained 7.63%.</p>
<p>Infratel, ONGC, Axis Bank, Adani Ports and Infosys were the biggest losers in the Nifty.</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-272-points-closes-at-38900/">Sensex up 272 points, closes at 38,900</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty stays above 11,200; Sensex flat</title>
		<link>https://thegulfindians.com/nifty-stays-above-11200-sensex-flat/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 07 Aug 2020 11:59:53 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[Alcom Labs]]></category>
		<category><![CDATA[Arbindo Pharma]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Bajaj Finserv]]></category>
		<category><![CDATA[Divis Lab]]></category>
		<category><![CDATA[Dr. Reddy’s]]></category>
		<category><![CDATA[Federal Bank]]></category>
		<category><![CDATA[HCL Technologies]]></category>
		<category><![CDATA[IDFC First Bank]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[RBL Bank]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Titan Industries]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=10290</guid>

					<description><![CDATA[<p>The stock market ended with a slight gain. The Sensex is up 15 points and the Nifty 13 points on August 7.  The Sensex closed at 38,040 points. The Sensex had gained over 38,109 points during trading. The Nifty closed at 11,214 points. It had reached 11,231 points during trading on the day. The top</p>
<p>The post <a href="https://thegulfindians.com/nifty-stays-above-11200-sensex-flat/">Nifty stays above 11,200; Sensex flat</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p class="MsoNormal"><span style="font-family: 'Times New Roman', serif; font-size: 14pt;">The stock market ended with a slight gain. The Sensex is up 15 points and the Nifty 13 points on August 7.</span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%; font-family: 'Times New Roman',serif;"> </span><span style="font-family: 'Times New Roman', serif; font-size: 14pt;">The Sensex closed at 38,040 points. The Sensex had gained over 38,109 points during trading. The Nifty closed at 11,214 points. It had reached 11,231 points during trading on the day.</span></p>
<p class="MsoNormal"><span style="font-family: 'Times New Roman', serif; font-size: 14pt;">The top five gainers were Asian Paints, Bajaj Finance, UPL, Bajaj Finserv and IndusInd Bank. Asian Paints was up 4.65 per cent on the day. Bajaj Finance gained 3.74 per cent and UPL 3.49 per cent.</span></p>
<p class="MsoNormal"><span style="font-family: 'Times New Roman', serif; font-size: 14pt;">Titan Industries, HCL Technologies, Infosys, Sun Pharma, Mahindra &amp; Mahindra were the top five losers in the Nifty. Titan Industries lost 2.15 per cent and HCL Technologies lost 2.15 per cent.</span></p>
<p class="MsoNormal"><span style="font-family: 'Times New Roman', serif; font-size: 14pt;">Shares of private banks were the main gainers on the day. RBL Bank rose 9.27 per cent. IDFC First Bank gained 6.49 per cent and Federal Bank gained 4.48 per cent on the day.</span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%; font-family: 'Times New Roman',serif;"> </span><span style="font-family: 'Times New Roman', serif; font-size: 14pt;">Some pharma stocks also gained. Alcom Labs was up 4.44 per cent and Divis Labs was up 2.46 per cent. Shares of Alcom Labs, Divis Lab, Cipla, Dr Reddy&#8217;s and Arbindo Pharma hit 52-week highs on August 7.</span></p>
<p>The post <a href="https://thegulfindians.com/nifty-stays-above-11200-sensex-flat/">Nifty stays above 11,200; Sensex flat</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market falls for second day in a row</title>
		<link>https://thegulfindians.com/stock-market-falls-for-second-day-in-a-row/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 30 Jul 2020 10:48:45 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Divis Lab]]></category>
		<category><![CDATA[Dr. Reddy’s]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[IOC]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Vedanta]]></category>
		<category><![CDATA[Wipro]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=9437</guid>

					<description><![CDATA[<p>The stock market continued to decline for the second day on July 30. The Sensex was down 335 points. The Sensex had lost 757 points on July 29 and July 30. The Sensex, which had climbed to 38,413.81 points crashed as it couldn’t hold on to the pressure point. It closed at 37,736 points. Similarly,</p>
<p>The post <a href="https://thegulfindians.com/stock-market-falls-for-second-day-in-a-row/">Stock market falls for second day in a row</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market continued to decline for the second day on July 30. The Sensex was down 335 points. The Sensex had lost 757 points on July 29 and July 30.<br />
The Sensex, which had climbed to 38,413.81 points crashed as it couldn’t hold on to the pressure point. It closed at 37,736 points.</p>
<p>Similarly, the Nifty ended 110 points lower at 11,102 points. Nifty was up by 11,299.95 points during trading. From there it dropped about 200 points. The Nifty is under strong pressure at 11,300. It couldn’t break through and booking of profits was noticed in the market.</p>
<p>Dr Reddy&#8217;s, Sun Pharma, Wipro, Vedanta and Maruti Suzuki are the top five gainers in the Nifty. Dr. Reddy&#8217;s gained 4.60 per cent. The stock hit a 52-week high, setting a new record.</p>
<p>Pharma stocks helped keep the market afloat on the day. Divis Lab was up 5.67% and Sun Pharma was up 3.37%. Similarly, the Nifty gained 3.11 per cent on July 30.</p>
<p>IT stocks also gained today. IT stocks including Infosys, Wipro and pharma stocks such as Sun Pharma and Cipla also recorded a 52-week high.</p>
<p>BPCL, IndusInd Bank, IOC, HDFC and Axis Bank were the top five losers in the Nifty. BPCL lost 8 per cent today. IOC fell 4 per cent.</p>
<p>Bank stocks lost ground on July 30. The Nifty Bank Index fell by 2 per cent. IndusInd Bank fell 5 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-falls-for-second-day-in-a-row/">Stock market falls for second day in a row</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Reliance boosts stock market</title>
		<link>https://thegulfindians.com/reliance-boosts-stock-market/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sat, 25 Jul 2020 11:54:26 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[reliance]]></category>
		<category><![CDATA[Wipro]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=8822</guid>

					<description><![CDATA[<p>K ARAVIND The stock market was dominated by bulls last week. On the first day of the week, the trend was very clear. The Nifty rose above 11,000 points and strengthened that level. The Nifty rose to 11,240 points last week. At the same time, the market continued to fluctuate. The market fluctuated from high</p>
<p>The post <a href="https://thegulfindians.com/reliance-boosts-stock-market/">Reliance boosts stock market</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>K ARAVIND</strong></p>
<p>The stock market was dominated by bulls last week. On the first day of the week, the trend was very clear. The Nifty rose above 11,000 points and strengthened that level. The Nifty rose to 11,240 points last week.</p>
<p>At the same time, the market continued to fluctuate. The market fluctuated from high to low on some days<br />
Reliance Industries was the market leader last week. It can be said that it was Reliance that pushed the market upwards. Shares of Reliance, which had risen sharply before the annual general body meeting, fell by about 10 per cent after the meeting. But since then, the stock has rebounded with unprecedented strength.</p>
<p>The news that Reliance is investing more in the retail sector has led to a fresh jump in the stock price. Each day saw the stock rising again to record levels. The highest price recorded on Friday was Rs 2,149.90. Shares of Reliance have risen 24 per cent in a month.<br />
IT stocks also performed well. Shares of Infosys and Wipro hit 52-week highs last week.</p>
<p>Global indicators also helped the market. Vaccine trials for COVID are in the pipeline, giving the market a boost. On the one hand, despite the sharp increase in the number of COVID patients, the successful testing of the vaccine has given the stock market a boost. The good monsoon in India also helped the market.</p>
<p>Last week, it was pointed out that the next pressure point at Nifty after 10,800 is 11,300 points. The market is expected to trade between 11,000 and 11,300 next week. The market has entered the next stage of surge if it breaks through the severe pressure of 11,300.</p>
<p>The post <a href="https://thegulfindians.com/reliance-boosts-stock-market/">Reliance boosts stock market</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty closes above 11,000 points</title>
		<link>https://thegulfindians.com/nifty-closes-above-11000-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 20 Jul 2020 11:44:13 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Britannia]]></category>
		<category><![CDATA[HCL Tech]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Nifty IT Index]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<category><![CDATA[Wipro]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=8022</guid>

					<description><![CDATA[<p>The stock market started with a surge this week. On the first day of trading Nifty closed above 11,000. Nifty, which gained 126 points ended trading at 11,027. This is for the first time after March 5, 2020 that the Nifty has crossed 11,000 mark. With 399-point gain, Nifty closed at 37, 418 points. It</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-11000-points/">Nifty closes above 11,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market started with a surge this week. On the first day of trading Nifty closed above 11,000. Nifty, which gained 126 points ended trading at 11,027. This is for the first time after March 5, 2020 that the Nifty has crossed 11,000 mark.</p>
<p>With 399-point gain, Nifty closed at 37, 418 points. It had touched 37,478 points during trading. </p>
<p>IT shares led the bulls in the market on the day. Three out of the five shares that made the highest gain on July 20 were from the IT sector. The shares of Infosys, HCL Tech, Tech Mahindra and Wipro registered gains of over 4%. The Nifty IT index gained over 2.60%. </p>
<p>Bank shares too made huge gains on the day. The Q1 results of HDFC Bank were declared the other day. In response to the exemplary performance, the share value of HDFC Bank had climbed 5% on July 20 morning. </p>
<p>Britannia, Infosys, HCL Tech, Tech Mahindra and Bajaj Finance were the five shares that made most gains in the market on July 20. Britannia rose 5.12%. Britannia and HCL Tech registered the highest price for the past 52 weeks. </p>
<p>Thirty-one of the Nifty 51 Index registered gains on the day. At the same time pharma shares registered losses on the day. Sun Pharma and Cipla were the shares that saw the highest losses on the day.</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-11000-points/">Nifty closes above 11,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex ends 419 points higher</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 16 Jul 2020 11:59:25 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Britania]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Infratel]]></category>
		<category><![CDATA[IOC]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=7505</guid>

					<description><![CDATA[<p>After the fluctuations on July 15, the share market recovered on July 16. The performance of the IT shares helped the market. Sensex rose 419 points on July 16. Sensex, which closed at 36,471 points, had gone up to 36,524 points during trading, Nifty rose 121 points. At one point Nifty had touched 10,755.30 points</p>
<p>The post <a href="https://thegulfindians.com/sensex-ends-419-points-higher/">Sensex ends 419 points higher</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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										<content:encoded><![CDATA[<p>After the fluctuations on July 15, the share market recovered on July 16. The performance of the IT shares helped the market.</p>
<p>Sensex rose 419 points on July 16. Sensex, which closed at 36,471 points, had gone up to 36,524 points during trading,<br />
Nifty rose 121 points. At one point Nifty had touched 10,755.30 points and it ended trading at 10,739.95 points.</p>
<p>It was IT shares that helped prop up the market on the day. Infosys was the top Nifty gainer, rising to Rs.955.50 before the stock closed 9.51 per cent higher at Rs.910.<br />
Infosys reported only a 2 per cent decline in the June quarter profit at Rs 4,233 crore on strong operating performance. During the same period last year, the company’s profit was Rs.3,798 crore</p>
<p>Infosys, BPCL, Cipla, Mahindra &amp; Mahindra and Britania were the Nifty shares that registered the highest earnings. BPCL rose 6.9% and Cipla 5.55%.</p>
<p>Infratel, Tech Mahindra, ITC, ZEE Limited and IOC faced huge loses. Infratel saw 7% crash.<br />
The good performance of Infosys helped boost other IT stocks. Nifty IT Index rose 2.83%. Pharma stocks too gained on July 16. The Nifty Pharma Index rose 1.8%.</p>
<p>The post <a href="https://thegulfindians.com/sensex-ends-419-points-higher/">Sensex ends 419 points higher</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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