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		<title>Nifty closes above 13,550</title>
		<link>https://thegulfindians.com/nifty-closes-above-13550/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 14 Dec 2020 11:24:16 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#Coal India]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=19619</guid>

					<description><![CDATA[<p>The stock market hit a new high on December 14. But there was a strong fluctuation during the trade. Similarly, Nifty closed 44 points higher at 13,558 points. The Sensex closed 154 points higher at 46,253. Even though the Nifty had surged to 11,597 points in the morning it was unable to break the resistance</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-13550/">Nifty closes above 13,550</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market hit a new high on December 14. But there was a strong fluctuation during the trade. Similarly, Nifty closed 44 points higher at 13,558 points. The Sensex closed 154 points higher at 46,253.</p>
<p>Even though the Nifty had surged to 11,597 points in the morning it was unable to break the resistance at 11,600 points. From there, it fell to 13,472 points but rose again to 11,550 points.</p>
<p>Foreign investors continue to invest in the Indian market. At the same time, the continuing spread of COVID-19 in the United States and European countries, the possibility of implementing Brexit without an agreement with the European Union, and the continuing unresolved farmers’ demonstration are all factors that are adversely affecting the stock market.</p>
<p>Shares of metal and Public Sector banks are still high. ONGC was the biggest gainer among Nifty stocks. ONGC&#8217;s rise is mainly due to higher crude oil prices.</p>
<p>The Nifty Metal Index was up 1.38 per cent and the Nifty PSU Bank Index was up 1.77 per cent. At the same time, auto stocks fell.</p>
<p>The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 31 stocks gained while 19 stocks lost. ONGC, L&amp;T, Cipla, Coal India and IOC are the top five gainers in the Nifty closes above 13,550. ONGC, L&amp;T, Cipla and Coal India gained over 4 per cent each.</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-13550/">Nifty closes above 13,550</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market touches new high</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 10 Nov 2020 10:34:54 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
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		<category><![CDATA[#sensex]]></category>
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		<category><![CDATA[IndusInd Bank]]></category>
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		<category><![CDATA[Tech Mahindra]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17361</guid>

					<description><![CDATA[<p>Our Correspondent The stock market is climbing to new heights. For the second day in a row, the stock market was seen setting a record. The Nifty and the Sensex hit all-time highs on November 9, and hit all-time highs on November 10. The Nifty has climbed to 12,643 points. The Sensex closed at 43277.65</p>
<p>The post <a href="https://thegulfindians.com/stock-market-touches-new-high/">Stock market touches new high</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 is climbing to new heights. For the second day in a row, the stock market was seen setting a record. The Nifty and the Sensex hit all-time highs on November 9, and hit all-time highs on November 10.</p>
<p>The Nifty has climbed to 12,643 points. The Sensex closed at 43277.65 points and the Nifty closed at 12,631 points. The Sensex was up by 680 points and the Nifty by 170 points.</p>
<p>The Indian market today is a reflection of the progress made in the US market on November 9. Pfizer&#8217;s revelation that the COVID vaccine is 90 per cent effective has accelerated the stock market&#8217;s momentum. Reports on the Bihar election results had led to a slight fluctuation in the morning market. Later, the market rebounded as there were indications that the ruling NDA was moving towards a majority.</p>
<p>This is for the seventh day in a row that the market has advanced. Banking stocks, as in recent days, have been the major contributors to this move. The Nifty Bank Index was up 3.89 per cent. At the same time, IT and pharma stocks declined. The Nifty IT index was down 3.86 per cent and the Nifty Pharma index was down 4.33 per cent.</p>
<p>Shares of Bajaj Finance, IndusInd Bank, L&amp;T, Bajaj Finserv, SBI and HDFC gained over 5 per cent.</p>
<p>The majority of Nifty stocks traded higher on the day. Out of the 50 stocks in the Nifty, 32 gained while 18 lost. Shares of the loss were strong. Tech Mahindra, Cipla, HCL Tech, Divis Lab and Nestle India were the top five losers in the Nifty. Tech Mahindra, Cipla and HCL Tech lost over 5 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-touches-new-high/">Stock market touches new high</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>
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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>Sensex back above 40,000 points</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 19 Oct 2020 10:21:50 +0000</pubDate>
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		<category><![CDATA[gail]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=15977</guid>

					<description><![CDATA[<p>Our Correspondent The Bombay Stock Exchange (BSE) continued its strong rally on Friday on the first trading day this week. The stock market, which started with gains, has not lost ground at any stage on the day. Eventually the trade ended at the same level as it had started. The Sensex is up 448 points.</p>
<p>The post <a href="https://thegulfindians.com/sensex-back-above-40000-points/">Sensex back above 40,000 points</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 Bombay Stock Exchange (BSE) continued its strong rally on Friday on the first trading day this week. The stock market, which started with gains, has not lost ground at any stage on the day. Eventually the trade ended at the same level as it had started.</p>
<p>The Sensex is up 448 points. The Nifty gained 110 points.</p>
<p>The Sensex closed at 40,431 points. It had gone up to 40,519.48 points. Similarly, the Nifty, which had up to 11,898.25 points closed at 11,873 points.</p>
<p>Bank stocks were the main gainers on the day. The Nifty Bank Index was up 2.96 per cent. HDFC Bank&#8217;s strong second quarter results lead to a rise in banking stocks. Shares of Bank of Baroda, Federal Bank and ICICI Bank gained between 5% and 8%.</p>
<p>The upward trend was also seen in metal indices. The Nifty Metal Index was up 1.78 per cent. At the same time, auto, pharma and IT stocks came under selling pressure. The Nifty Pharma index lost 1.67 per cent.</p>
<p>The majority of Nifty stocks traded higher on the day. Out of the 50 stocks in the Nifty, 35 gained while 15 lost. ICICI Bank, Nestle India, Axis Bank, GAIL and SBI are the top five gainers in the Nifty on the day. ICICI Bank gained 5.12 per cent. Shares of Nestle India, Axis Bank, GAIL and SBI gained over 4 per cent.</p>
<p>Divis Lab, Acer Motors, Hero Motors, Cipla and Bajaj Auto were the top five losers in the Nifty. These stocks lost over 2 per cent.</p>
<p>The post <a href="https://thegulfindians.com/sensex-back-above-40000-points/">Sensex back above 40,000 points</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>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 08 Oct 2020 11:33:31 +0000</pubDate>
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		<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 recovers after series of slumps</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 25 Sep 2020 11:51:41 +0000</pubDate>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=14222</guid>

					<description><![CDATA[<p>The stock market gained after a series of declines September 25. The Sensex was up 835 points and the Nifty is up 244 points. The Indian market also bounced back on the back of a boom in global markets. The Sensex ended at 37,388 points. It had dropped to 36,730.52 points in the morning session</p>
<p>The post <a href="https://thegulfindians.com/stock-market-recovers-after-series-of-slumps/">Stock market recovers after series of slumps</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market gained after a series of declines September 25. The Sensex was up 835 points and the Nifty is up 244 points. The Indian market also bounced back on the back of a boom in global markets.</p>
<p>The Sensex ended at 37,388 points. It had dropped to 36,730.52 points in the morning session but gained since then. The Nifty was back up above 11,000 points. Similarly, the Nifty closed at 11,050 points. The Nifty fell to 10,854 points in the morning session and advanced 200 points.</p>
<p>&nbsp;</p>
<p>Most of the 50 stocks in the Nifty gained on the day. Forty-seven stocks gained while three stocks lost. Bajaj Finserv, HCL Tech, Cipla, Bharti Airtel and L&amp;T were the top gainers on the day. Bajaj Finserv gained 6.60 per cent. Shares of HCL Tech, Cipla, Bharti Airtel, L&amp;T, IndusInd Bank, Grasim Industries and Adani Ports gained over 4 per cent.</p>
<p>&nbsp;</p>
<p>SBI Life, BPCL and UPL were the only three Nifty stocks to lose ground. Zee Ltd lost 6.60 per cent.</p>
<p>&nbsp;</p>
<p>Auto and IT stocks were the top gainers on the day. The Nifty Auto Index gained 3.38 per cent and the Nifty IT Index gained 3.46 per cent. Bank, FMCG and pharma stocks also gained.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-recovers-after-series-of-slumps/">Stock market recovers after series of slumps</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex up 287 points</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 15 Sep 2020 10:50:31 +0000</pubDate>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=13402</guid>

					<description><![CDATA[<p>The BSE benchmark Sensex and Nifty surged on September 15. The stock market was able to make up for the loss of the previous day. The Sensex was up by 287 points and the Nifty by 81 points. The Sensex closed above 39,000 points and the Nifty closed above 11,500. Volatility was as visible as</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-287-points/">Sensex up 287 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The BSE benchmark Sensex and Nifty surged on September 15. The stock market was able to make up for the loss of the previous day. The Sensex was up by 287 points and the Nifty by 81 points.</p>
<p>The Sensex closed above 39,000 points and the Nifty closed above 11,500. Volatility was as visible as in the previous days but at no point in trading did it go down from September 14’s closing level.</p>
<p>The Sensex ended at 39,044 points. The Sensex has surpassed the psychological level of 39,000. The day’s low is 38,753 points. Similarly, the Nifty closed at 11,521 points. It had fallen to 11,442 points at one point but closed above 11,500.</p>
<p>Most of the index-based stocks were profitable on the day. Thirty-one stocks in the Nifty gained while 19 lost. Pharma and bank stocks were the main gainers of the day. IndusInd Bank, UPL, Cipla, Bharti Airtel and Axis Bank are the top five gainers in the Nifty. IndusInd Bank rose 4.27 per cent. Shares of UPL, Cipla, Bharti Airtel, Axis Bank, Sun Pharma, Bajaj Finance and ICICI Bank rose more than 2 per cent.</p>
<p>The Nifty Pharma index was up 1.93 per cent. Shares of Lupin, Aurobindo Pharma, Cipla, Biocon, Torrent Pharma and Sun Pharma rose more than 20 per cent. Similarly, Nifty rose by 1.65 per cent. The major gainers were IndusInd Bank, IDFC First Bank, Axis Bank and ICICI Bank. Shares of smallcap continued to rise on the day.</p>
<p>Titan Industries, Maruti Suzuki, ITC, HDFC Life and Asian Paints were the biggest losers in the Nifty.</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-287-points/">Sensex up 287 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market falls again</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 09 Sep 2020 12:49:02 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Arbindo Pharma]]></category>
		<category><![CDATA[Bajaj Finserv]]></category>
		<category><![CDATA[Biocon]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[Grasim Industries]]></category>
		<category><![CDATA[IOC]]></category>
		<category><![CDATA[Lupine]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[supreme court]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<category><![CDATA[Torrent Pharma]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12869</guid>

					<description><![CDATA[<p>The stock market fell for the second day in a row. On September 9, the Nifty fell below 11,200 points at one point. Although the Nifty climbed back 100 points from its lowest level, the market continues to be weak. &#160; The Sensex ended 171 points lower at 38,194 points. Similarly, Nifty declined by 39</p>
<p>The post <a href="https://thegulfindians.com/stock-market-falls-again/">Stock market falls again</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market fell for the second day in a row. On September 9, the Nifty fell below 11,200 points at one point. Although the Nifty climbed back 100 points from its lowest level, the market continues to be weak.</p>
<p>&nbsp;</p>
<p>The Sensex ended 171 points lower at 38,194 points. Similarly, Nifty declined by 39 points to close at 11,278 points. The Nifty was down by 11,185 points during the day.</p>
<p>&nbsp;</p>
<p>The Indian stock market started with a loss following the fall in the US stock market on September 8. At no point in the trade did the indices returned a profit.</p>
<p>&nbsp;</p>
<p>Whiles 25 shares in Nifty were up 24 shares were down. There was no change in the share price. Tata Steel, Zee Limited, Cipla, Reliance Industries and Grasim Industries were the top five gainers in the Nifty. Tata Steel rose 3.57 per cent. Pharma and metal stocks were the main gainers of the day. The decline was visible in other areas. Bank stocks fell sharply.</p>
<p>&nbsp;</p>
<p>SBI, GAIL, Bajaj Finserv, Axis Bank and IOC were the biggest losers in the Nifty. SBI fell 4.90 per cent. Shares of GAIL, Bajaj Finserv, Axis Bank and IOC lost more than 2 per cent each.</p>
<p>&nbsp;</p>
<p>The Nifty Bank Index lost 2.1 per cent. The market is mainly looking at a petition before the Supreme Court seeking a waiver of interest during the moratorium period. Concerns over whether the verdict in the case would be adverse led to a fall in bank shares.</p>
<p>&nbsp;</p>
<p>The Nifty Pharma Index gained 1.9 per cent. Shares of Biocon, Cipla, Arbindo Pharma, Lupine and Torrent Pharma gained more than 2 per cent each.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-falls-again/">Stock market falls again</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market sees strong fall</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 31 Aug 2020 12:48:13 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[un Pharma]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12217</guid>

					<description><![CDATA[<p>The stock market fell sharply after a six-day rally on August 31. The Sensex was down 839.02 points and the Nifty was down 260.10 points. The Nifty closed below 11,400 points. The Sensex closed at 38628.29 points. Of the 48 stocks in the Nifty, only two gained. Sun Pharma, Zee Limited, SBI, Cipla and Sree</p>
<p>The post <a href="https://thegulfindians.com/stock-market-see-strong-fall/">Stock market sees strong fall</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market fell sharply after a six-day rally on August 31. The Sensex was down 839.02 points and the Nifty was down 260.10 points. The Nifty closed below 11,400 points. The Sensex closed at 38628.29 points.</p>
<p>Of the 48 stocks in the Nifty, only two gained. Sun Pharma, Zee Limited, SBI, Cipla and Sree Cements were the top five losers in the Nifty. Sun Pharma fell 7.42 per cent.</p>
<p>The market started from where it left off last week. Although the Nifty touched a low of 11,800 in the morning, the negative news of another clash on the Indo-China border sent the market down. The Nifty fell below 11,400 points. Strong selling pressure was seen in various stocks, including banking.</p>
<p>In the meantime, there are indications that the conflict is escalating, and India is watching cautiously. It is in this context that the stock market witnessed a sharp decline.</p>
<p>The Nifty is down over 400 points. Shares of pharma and banking stocks were under strong selling pressure. The Nifty Pharma index was down 4.67 per cent. The Bank Nifty index, which had gained more than four per cent on Friday, fell 3.14 per cent on August 31. Leading banks like SBI, IndusInd Bank, ICICI Bank and Kotak Mahindra Bank fell more than 5 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-see-strong-fall/">Stock market sees strong fall</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock markets fall for third day in a row</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 14 Aug 2020 11:50:57 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#Coal India]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Bank of Baroda]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[IDAFC First Bank]]></category>
		<category><![CDATA[JSW Steel]]></category>
		<category><![CDATA[Lupin]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[Punjab National Bank]]></category>
		<category><![CDATA[RBL Bank]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=11161</guid>

					<description><![CDATA[<p>The stock market ended lower for the third day in a row. The market, which started gains in the morning, was volatile as it had been the day before. The Sensex, which had risen above 38,500 points, ended at 37,877 points. At the close, Sensex lost 433 points. The Nifty was down 122 points on</p>
<p>The post <a href="https://thegulfindians.com/stock-markets-fall-for-third-day-in-a-row/">Stock markets fall for third 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 ended lower for the third day in a row. The market, which started gains in the morning, was volatile as it had been the day before. The Sensex, which had risen above 38,500 points, ended at 37,877 points. At the close, Sensex lost 433 points.</p>
<p>The Nifty was down 122 points on August 14. Nifty closed at 11,178.40. It traded higher at 11,366.25 points, after which it fell by more than 250 points. The Nifty is currently trading at its lowest level of 11,111.45.</p>
<p>Nifty 37 stocks lost ground while 13 stocks gained. The top five gainers were JSW Steel, Coal India, Sun Pharma, Cipla and NTPC. JSW Steel and Coal India gained over 2 per cent.</p>
<p>Eicher Motors, Tata Motors, Mahindra &amp; Mahindra, Axis Bank and Bajaj Finance were the top five losers in the Nifty. Eicher Motors fell more than 7 per cent. Shares of Tata Motors fell 4.80 per cent. Mahindra &amp; Mahindra reported a loss of 3.27 per cent. Axis Bank and Bajaj Finance fell more than two per cent.</p>
<p>Automobile and bank stocks were the main losers on the day. The Nifty Auto Index gained 2.56 per cent. All 14 stocks except Ashok Leyland, which is listed on the Nifty Auto Index, declined.</p>
<p>The Nifty Bank Index ended with a loss of 2.33 per cent. Bank of Baroda, RBL Bank, IDAFC First Bank and Punjab National Bank lost three to four per cent each.</p>
<p>At the same time, metal stocks gained on the day. Metal stocks have been steadily gaining over the past few days. August 14 was also a day of gains for pharma stocks. Lupine was up 8.97 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-markets-fall-for-third-day-in-a-row/">Stock markets fall for third day in a row</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Slight loss in stock market</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 12 Aug 2020 10:30:40 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#bse]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Dr. Reddy's Laboratories]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[HCL Tech]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=10918</guid>

					<description><![CDATA[<p>The stock market on August 11 ended with a slight loss. The Nifty lost slightly after surging for six consecutive days. It closed above 11,300. The Sensex was down 37 points and the Nifty was down 14 points on August 11. The Sensex closed at 38,369 points. The Sensex had lost 38,125 points during trading.</p>
<p>The post <a href="https://thegulfindians.com/slight-loss-in-stock-market/">Slight loss in stock market</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market on August 11 ended with a slight loss. The Nifty lost slightly after surging for six consecutive days. It closed above 11,300.</p>
<p>The Sensex was down 37 points and the Nifty was down 14 points on August 11. The Sensex closed at 38,369 points. The Sensex had lost 38,125 points during trading. The Nifty closed at 11,308. It had lost close to 11,242 points during the trading session.</p>
<p>While 23 stocks in the Nifty gained, 27 stocks declined. The top five gainers were HCL Tech, SBI, Tech Mahindra, Eicher Motors and Tata Motors. HCL Tech gained 4.66%.</p>
<p>Shares of public sector banks were the main gainers on the day. The Nifty PSU Bank Index gained 2.70%. Shares of SBI rose 4.33%. Shares of Indian Overseas and Punjab National Bank also gained over 3%.</p>
<p>At the same time, profit booking was seen among pharma stocks. The Nifty Pharma index was down 1.55%. Profit booking on high price caused pharma stocks to fall.</p>
<p>Kotak Mahindra Bank, Sun Pharma, Cipla, Britannia and Dr Reddy&#8217;s Laboratories were the top five losers in the Nifty. Shares of Kotak Mahindra Bank, Sun Pharma and Cipla fell more than 2%.</p>
<p>The post <a href="https://thegulfindians.com/slight-loss-in-stock-market/">Slight loss in stock market</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty surges for sixth day</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 11 Aug 2020 11:30:43 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#Sree Cements]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[BPCL and IndusInd Bank]]></category>
		<category><![CDATA[Dr. Reddy's Laboratories]]></category>
		<category><![CDATA[JSW Steel]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Titan]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=10792</guid>

					<description><![CDATA[<p>The Nifty rose for the sixth day in a row on rising interest rates in the stock market. The Sensex gained for the fourth day in a row. Russia&#8217;s approval of the COVID-19 vaccine has boosted the stock market. The Sensex is up 225 points and the Nifty 52 points on August 11. The Sensex</p>
<p>The post <a href="https://thegulfindians.com/nifty-surges-for-sixth-day/">Nifty surges for sixth day</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Nifty rose for the sixth day in a row on rising interest rates in the stock market. The Sensex gained for the fourth day in a row. Russia&#8217;s approval of the COVID-19 vaccine has boosted the stock market.</p>
<p>The Sensex is up 225 points and the Nifty 52 points on August 11. The Sensex closed at 38,407 points. The Sensex had gained over 38,556 points during the trading session.<br />
The Nifty closed at 11,322. The stock had touched at 11,373 points during the trade session. The Nifty closed above 11,300 for the first time since the stock market crash in March.</p>
<p>Banks and metals stocks were the main gainers on the day. IDFC First Bank rose 7.49 per cent. Nifty Bank and metal indices gained over one-and-a-half per cent. At the same time, pharma stocks were gaining ground. The Nifty Pharma index was down 1.42 per cent.</p>
<p>The top five gainers were Zee Limited, JSW Steel, Axis Bank, BPCL and IndusInd Bank. Zee Ltd. gained 5.14 per cent.</p>
<p>Sree Cements, Titan, UPL, Cipla and Dr. Reddy&#8217;s Laboratories are the top 5 losers in the Nifty. Sree Cement and Titan fell more than 3.5 per cent.</p>
<p>Thirty-three stocks included in the Nifty 33 gained while 17 stocks lost ground.</p>
<p>The post <a href="https://thegulfindians.com/nifty-surges-for-sixth-day/">Nifty surges for sixth day</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Surge in the stock market continues</title>
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		<pubDate>Mon, 10 Aug 2020 10:59:33 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Aurobindo Pharma]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#L&T]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[DalalStreet]]></category>
		<category><![CDATA[Divis Lab]]></category>
		<category><![CDATA[Dr Reddy's Lab]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[Lupine]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[Maruti]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=10631</guid>

					<description><![CDATA[<p>The stock market closed higher on the first trading day of the week. The Sensex was up 172 points and the Nifty 56 points. The Sensex closed at 38,212 points on August 10. The Sensex had gained over 38,430 points during trading. The Nifty closed at 11,270. It had touched 11,337 points during the trade.</p>
<p>The post <a href="https://thegulfindians.com/surge-in-the-stock-market-continues/">Surge in the stock market continues</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market closed higher on the first trading day of the week. The Sensex was up 172 points and the Nifty 56 points.</p>
<p>The Sensex closed at 38,212 points on August 10. The Sensex had gained over 38,430 points during trading. The Nifty closed at 11,270. It had touched 11,337 points during the trade. Profit booking did not allow the Nifty to remain above 11,300.</p>
<p>Pharma stocks were the main gainers on the day. Cipla&#8217;s quarterly results released on August 7 led to a rise in pharma stocks. Shares of Cipla rose 9.5 per cent on August 10.</p>
<p>Similarly, Nifty rose by 5.5 per cent on the day. Shares of Divis Lab, Cipla, Lupine, Sun Pharma, Aurobindo Pharma and Dr Reddy&#8217;s Lab all hit 52-week highs on August 10.</p>
<p>Automobile stocks also gained today. Cipla, Mahindra &amp; Mahindra, L&amp;T, Tata Motors and Sun Pharma were the top five gainers in the Nifty. Mahindra &amp; Mahindra hit a 52-week high.</p>
<p>The top five losers in the Nifty were Eicher Motors, Asian Paints, Maruti, BPCL and Reliance Industries. Eicher Motors lost 2.19 per cent and Asian Paints 1.23 per cent.</p>
<p>The post <a href="https://thegulfindians.com/surge-in-the-stock-market-continues/">Surge in the stock market continues</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>
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		<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>Crash in the stock market continues</title>
		<link>https://thegulfindians.com/crash-in-the-stock-market-continues/</link>
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		<pubDate>Fri, 31 Jul 2020 11:11:20 +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[Aurbindo Pharma]]></category>
		<category><![CDATA[Bajaj Auto]]></category>
		<category><![CDATA[Cadila Healthcare]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[Grasim]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[JSW Steel]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Torrent Pharma]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=9578</guid>

					<description><![CDATA[<p>The crash in the stock market continued on July 31. The Sensex was down 129 points. The Sensex, which had declined for three consecutive days, fell by about 900 points during the day. The Sensex, which had touched a high of 37,897.78 in the morning trade, fell to 37,431.68. It closed at 37,606.89 points. Similarly,</p>
<p>The post <a href="https://thegulfindians.com/crash-in-the-stock-market-continues/">Crash in the stock market continues</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The crash in the stock market continued on July 31. The Sensex was down 129 points. The Sensex, which had declined for three consecutive days, fell by about 900 points during the day.</p>
<p>The Sensex, which had touched a high of 37,897.78 in the morning trade, fell to 37,431.68. It closed at 37,606.89 points.</p>
<p>Similarly, the Nifty ended trade 29 points lower at 11,073. The Nifty was up by 11,150.40 points during trading. It fell to 11,026.65 at one point. The Nifty is under strong pressure at 11,300. It&#8217;s not able to cross that as booking of profits was seen.<br />
Pharma stocks were the main gainers today. The top five gainers on the Nifty were Sun Pharma, Cipla, JSW Steel, Grasim and UPL. Sun Pharma gained 5.46%. The stock hit a 52-week high, setting a new record.</p>
<p>Similarly, the Nifty Pharma Index gained 3.56% on the day. Torrent Pharma gained 9.18%, Aurbindo Pharma 6.67% and Cadila Healthcare 6.66 %.</p>
<p>The top five losers in the Nifty were Eicher Motors, Reliance Industries, HDFC Bank, Bajaj Auto and Kotak Mahindra Bank.</p>
<p>The post <a href="https://thegulfindians.com/crash-in-the-stock-market-continues/">Crash in the stock market continues</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>Market surges, Sensex above 37,000</title>
		<link>https://thegulfindians.com/market-surges-sensex-above-37000/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 17 Jul 2020 10:49:08 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#bse]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Britannia]]></category>
		<category><![CDATA[Dr. Reddy’s]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Infratel]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[TCS]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=7632</guid>

					<description><![CDATA[<p>The stock market surged at the end of the trading week. The Nifty broke through the pressure level of 10,800 to close at 10.901. the Nifty gained 161 points on July 17. Sensex rose 548 points on the day. The Sensex, which ended trading at 37,020 points had gained 37,125 points during trading The shares</p>
<p>The post <a href="https://thegulfindians.com/market-surges-sensex-above-37000/">Market surges, Sensex above 37,000</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market surged at the end of the trading week. The Nifty broke through the pressure level of 10,800 to close at 10.901. the Nifty gained 161 points on July 17.</p>
<p> Sensex rose 548 points on the day. The Sensex, which ended trading at 37,020 points had gained 37,125 points during trading</p>
<p>The shares of prominent pharma company Cipla and FMCG giant Britannia registered the highest prices in the last 52 weeks. Forty-two of the Nifty 50 Index registered gains on the day.<br />
Energy shares led the bulls in the market surge, </p>
<p>The shares of the key energy company BPCL rose 12.43%. The shares of Hindustan Petroleum, Tata Power and ONGC rose above 5%. </p>
<p>Relieance Industries too aided the surge in the market on July 17. The shares of Reliance Industries rose 3.94%.<br />
BPCL, ONGC, GAIL, Infratel and Reliance Industries are the Nifty shares that registered high gains </p>
<p>The shares of Hindalco, Britannia, Nestle India, TCS and Dr. Reddy’s faced losses on the day.</p>
<p>The post <a href="https://thegulfindians.com/market-surges-sensex-above-37000/">Market surges, Sensex above 37,000</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>
]]></description>
										<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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		<title>Cipla launches generic version of remdesivir in India</title>
		<link>https://thegulfindians.com/6641-2/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 09 Jul 2020 08:04:39 +0000</pubDate>
				<category><![CDATA[COVID-19]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[antiviral drug]]></category>
		<category><![CDATA[cipremi]]></category>
		<category><![CDATA[generic drug]]></category>
		<category><![CDATA[remdesivir]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=6641</guid>

					<description><![CDATA[<p>Indian pharma major Cipla has launched its generic version of antiviral drug remdesivir, Cipremi, at 4000 rupees ( $53.34) per 100 mg vial. Thus the Indian version of remdesivir became the lowest-priced version of the COVID-19 treatment available so far globally. Cipla is planning to supply over 80,000 vials within the first month. To ensure</p>
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]]></description>
										<content:encoded><![CDATA[<p>Indian pharma major Cipla has launched its generic version of antiviral drug remdesivir, Cipremi, at 4000 rupees ( $53.34) per 100 mg vial. Thus the Indian version of remdesivir became the lowest-priced version of the COVID-19 treatment available so far globally.</p>
<p>Cipla is planning to supply over 80,000 vials within the first month. To ensure equitable distribution, the drug will be available through government and hospital channels.</p>
<p>Cipremi has been approved by the Drug Controller General of India (DCGI) for restricted emergency use in the country as part of the accelerated approval process considering the urgent and unmet medical need.</p>
<p>Pharmaceutical major Mylan NV has also said that its generic version of remdesivir will be priced at Rs 4,800 per 100 mg vial.</p>
<p>Hyderabad-based drug firm Hetero has said it has fixed a maximum retail price of Rs 5,400 per vial for the drug.</p>
<p>Remdesivir is the only United States Food and Drug Administration (USFDA)-approved Emergency Use Authorisation (EUA) treatment for adult and pediatric patients hospitalised with suspected or laboratory-confirmed COVID-19 infection.</p>
<p>In May, domestic pharma firms Hetero, Cipla and Jubilant Life Sciences entered into non-exclusive licensing agreements with drug major Gilead Sciences Inc for manufacturing and distribution of remdesivir.</p>
<p>The launch of the Indian version of the generic drug came at a time when US government officials, on June 29, said that they bought more than 500,000 treatment courses of antiviral drug remdesivir, for next three months and effectively excluding other countries from accessing the drug.</p>
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		<title>Sensex closes above 35,000 on July 1</title>
		<link>https://thegulfindians.com/sensex-closes-above-35000-on-july-1/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 01 Jul 2020 12:23:03 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[# ITC. #NTPC]]></category>
		<category><![CDATA[#Aurobindo Pharma]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Bajaj Finserve]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#L&T]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#Sree Cements]]></category>
		<category><![CDATA[#thegulfindians]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[stocks]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=5785</guid>

					<description><![CDATA[<p>Web Desk The surge in the stock market continued with the Sensex gaining 498 points and end the trade above 35,000. The Sensex rose till 35,467.23 points and closed at 35,414.45. Nifty rose 127.95 points and closed at 10,430. During the day Nifty rose till 10,477.05Even though the index gained, 23 of the 50 share</p>
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]]></description>
										<content:encoded><![CDATA[<p><strong>Web Desk</strong></p>
<p>The surge in the stock market continued with the Sensex gaining 498 points and end the trade above 35,000. The Sensex rose till 35,467.23 points and closed at 35,414.45.<br />
Nifty rose 127.95 points and closed at 10,430. During the day Nifty rose till 10,477.05Even though the index gained, 23 of the 50 share Nifty index registered losses during the day.<br />
Banking and Finance shares energised the surge in the market. Axis Bank, HDFC, Bajaj Finserve, UPL and ITC were the five Nifty shares that registered the best gains on the day. Axis bank made a gain of more than 6%.<br />
The Nifty Bank index rose 2.83 per cent. Bank of Baroda, PNB and Federal Bank gained over 4%. At the same time the performance of the Pharma shares was weak on the first day of the month. Except of Aurobindo Pharma all pharma shares were trading at a loss.<br />
NTPC, Nestle India, L&#038;T, Sree Cements and Cipla are the five Nifty shares that registered huge losses.</p>
<p>The post <a href="https://thegulfindians.com/sensex-closes-above-35000-on-july-1/">Sensex closes above 35,000 on July 1</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty closes below 10,350</title>
		<link>https://thegulfindians.com/nifty-closes-below-10350/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 29 Jun 2020 11:04:15 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[#AurobindoPharma]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Britania]]></category>
		<category><![CDATA[#bse]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#Coal India]]></category>
		<category><![CDATA[#HDFCBank]]></category>
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		<category><![CDATA[markets]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=5455</guid>

					<description><![CDATA[<p>Web Desk The share market started with a loss on the first day of the trading week. The Sensex lost 209 points and the Nifty 70 points on June 29. The Sensex crashed to 34,662.06 during trading and closed at 34,961.52. Nifty crashed to 10,223.60 during trading; it closed at 10312.40. Only 12 shares in</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-below-10350/">Nifty closes below 10,350</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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										<content:encoded><![CDATA[<p><em>Web Desk</em></p>
<p>The share market started with a loss on the first day of the trading week. The Sensex lost 209 points and the Nifty 70 points on June 29.<br />
The Sensex crashed to 34,662.06 during trading and closed at 34,961.52. Nifty crashed to 10,223.60 during trading; it closed at 10312.40.<br />
Only 12 shares in the Nifty 50 Index made some profits today. Britania, HDFC Bank, Cipla, Kotak Mahindra and ITC are the five Nifty shares that registered the highest gains today. Britania gained more than 2 per cent.<br />
Coal India, Axis Bank, Tech Mahindra, Hindalco and SBI are the five Nifty shares that registered the biggest losses. Coal India ended trading with 5 per cent loss.<br />
Banking shares faced strong losses. RBLBank, Bank of Baroda and Axis Bank lost more than 4 per cent. At the same time, pharma shares defended the crash and up a strong fight today. Shares such as that of Cipla and Aurobindo Pharma registered profits today. </p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-below-10350/">Nifty closes below 10,350</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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