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		<title>Stock market is still strong</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 02 Feb 2021 13:13:32 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#UPL]]></category>
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		<category><![CDATA[Nirmala Sitharaman]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=22567</guid>

					<description><![CDATA[<p>The stock market continued to rebound. The budget presented by Union Finance Minister Nirmala Sitharaman gave a new impetus to the market. The Nifty is nearing an all-time high. There is a trend of progress in all areas. Similarly, Nifty rose by 2.6 per cent to close at 14,647. The Nifty gained 366 points. The</p>
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]]></description>
										<content:encoded><![CDATA[<p>The stock market continued to rebound. The budget presented by Union Finance Minister Nirmala Sitharaman gave a new impetus to the market.</p>
<p>The Nifty is nearing an all-time high. There is a trend of progress in all areas. Similarly, Nifty rose by 2.6 per cent to close at 14,647. The Nifty gained 366 points. The Sensex is up about 1,200 points.</p>
<p>Bank Nifty set a new record . Bank Nifty closed 3.6 per cent higher at 34,267. The Nifty Auto Index was the biggest gainer. The Nifty Auto Index rose 4 per cent.</p>
<p>Shares of Tata Motors are up 17%. Shares of HDFC Bank rose 6%. The stock price reached a new high of Rs.1,565.<br />
Of the 50 stocks in the Nifty, 43 gained. The top 5 gainers were Tata Motors, Sree Cement, Ultratech Cement, SBI and UPL.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-is-still-strong/">Stock market is still strong</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex is close to 50,000 points</title>
		<link>https://thegulfindians.com/sensex-is-close-to-50000-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 13 Jan 2021 11:12:47 +0000</pubDate>
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		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
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		<category><![CDATA[NIFTY]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=21473</guid>

					<description><![CDATA[<p>The Bombay Stock Exchange benchmark Sensex on January 14 touched close to 50,000 points. The Sensex rose to 49,795.19, after which the stock market fell. The stock index, which touched a new record high, fluctuated early in the day rose in the last few hours. The Nifty declined by more than 200 points during trading.</p>
<p>The post <a href="https://thegulfindians.com/sensex-is-close-to-50000-points/">Sensex is close to 50,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Bombay Stock Exchange benchmark Sensex on January 14 touched close to 50,000 points. The Sensex rose to 49,795.19, after which the stock market fell.</p>
<p>The stock index, which touched a new record high, fluctuated early in the day rose in the last few hours. The Nifty declined by more than 200 points during trading. The Nifty rose by over 100 points to close at 14,653 points in the morning trade. However, as investors continued to use every downturn as an investment opportunity, the market witnessed a strong uptick and closed with gains.</p>
<p>Shares of public sector banks, automobiles and pharma gained. Mahindra &amp; Mahindra &amp; SBI are the top gainers in the Nifty.</p>
<p>Bank Nifty today recorded an all-time high. Bank Nifty was under slight selling pressure after rising to 32,683 points.</p>
<p>Shares of Bharti Airtel rose as much as 60 per cent this morning. Bharti Airtel&#8217;s foreign direct investment (FDI) limit in its subsidiaries has been hiked to 100 per cent with immediate effect.</p>
<p>Most of the Nifty stocks were gainers. 26 stocks gained while 24 stocks lost.</p>
<p>The post <a href="https://thegulfindians.com/sensex-is-close-to-50000-points/">Sensex is close to 50,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>New Year  festivity in stock market too</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 01 Jan 2021 12:20:09 +0000</pubDate>
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		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[Adani Ports]]></category>
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		<category><![CDATA[ITC]]></category>
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		<category><![CDATA[NIFTY]]></category>
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		<category><![CDATA[TCS]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=20662</guid>

					<description><![CDATA[<p>The Nifty closed at 14,000 points for the first time on New Year&#8217;s Day. Similarly, the Nifty rose by 36 points to close at 14,018. The Sensex closed at 47,868. The Sensex was up 117 points. Although it failed to close above 14,000 points on the last day of 2020, the market surpassed that target</p>
<p>The post <a href="https://thegulfindians.com/new-year-festivity-in-stock-market-too/">New Year  festivity in stock market too</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Nifty closed at 14,000 points for the first time on New Year&#8217;s Day. Similarly, the Nifty rose by 36 points to close at 14,018. The Sensex closed at 47,868. The Sensex was up 117 points.</p>
<p>Although it failed to close above 14,000 points on the last day of 2020, the market surpassed that target on the first day of the New Year. It has become a daily sight that the market is moving to new heights.</p>
<p>On the New Year day, public sector bank stocks were the main gainers. The Nifty PSU Bank Index was up 3.25 per cent. IT and auto stocks also rose. Foreign investment firms continue to invest behind the boom.</p>
<p>Adani Ports, TCS, ITC, Mahindra &amp; Mahindra and SBI are the top gainers in the Nifty. Adani Ports rose more than 4 per cent. Most of the Nifty stocks gained. 35 shares rose while 15 shares fell. The biggest losers were Nifty stocks ICICI Bank and SBI Life.</p>
<p>In December, various automakers posted better-than-expected sales. This led to a rise in the price of automobile stocks.</p>
<p>The post <a href="https://thegulfindians.com/new-year-festivity-in-stock-market-too/">New Year  festivity in stock market too</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex is above 47.00 points</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 28 Dec 2020 11:54:42 +0000</pubDate>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=20350</guid>

					<description><![CDATA[<p>The BSE benchmark Sensex on December 28 moved above 47.00 points for the first time. The stock market gained for the fourth day in a row. The stock market is moving again to new heights. For the first time, the Nifty crossed 13,800 points. The Nifty, which opened above 13,800 in the morning, never went</p>
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]]></description>
										<content:encoded><![CDATA[<p>The BSE benchmark Sensex on December 28 moved above 47.00 points for the first time. The stock market gained for the fourth day in a row. The stock market is moving again to new heights.</p>
<p>For the first time, the Nifty crossed 13,800 points. The Nifty, which opened above 13,800 in the morning, never went below 13,800 during the subsequent trade.</p>
<p>Similarly, Nifty closed at 13,873, up 13,885 points. Today it is 123 points higher. The Sensex gained 380 points to close at 47,353.</p>
<p>Shares of real estate, metal and public sector banks were the main contributors. The Nifty Real Estate Index was up 2.84 per cent and the Metal Index was up 2.70 per cent.</p>
<p>Tata Motors, JSW Steel, SBI, Titan and HDFC Life are the top five gainers today. Tata Motors shares rose 6 per cent. The reason for the rise in stock prices is the signing of an agreement between Britain and the European Union.</p>
<p>The post <a href="https://thegulfindians.com/sensex-is-above-47-00-points/">Sensex is above 47.00 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Surge in stock market continues</title>
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		<pubDate>Thu, 03 Dec 2020 11:30:20 +0000</pubDate>
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		<category><![CDATA[Market]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Maruti Suzuki]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[SAIL]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=19034</guid>

					<description><![CDATA[<p>The stock market is likely to reach new heights. The market has been volatile on November 3 but has maintained a positive trend. Similarly, Nifty gained 20 points to close at 13,134. The Sensex ended 16 points higher at 44,632. The Nifty crossed the 13,200 mark at one point but closed below it. The Nifty</p>
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]]></description>
										<content:encoded><![CDATA[<p>The stock market is likely to reach new heights. The market has been volatile on November 3 but has maintained a positive trend. Similarly, Nifty gained 20 points to close at 13,134. The Sensex ended 16 points higher at 44,632.</p>
<p>The Nifty crossed the 13,200 mark at one point but closed below it. The Nifty was down 100 points during the day. At the same time, the Nifty was able to close with gains. Metal stocks and public sector bank stocks were the top gainers. Private banks came under selling pressure.</p>
<p>The Nifty Metal Index, which continues to outperform the Nifty, rose 2.31 per cent. Shares of SAIL and Hindalco rose more than 4 per cent.</p>
<p>The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 35 gained while 15 lost. Maruti Suzuki, NTPC, ONGC, Hindalco and SBI were the top five gainers in the Nifty.</p>
<p>Today, Maruti shares were up over 7 per cent. Maruti Suzuki India (MSI), the country&#8217;s largest carmaker, sold 1.53,223 units in November. Sales were up 1.7 per cent from November last year. The positive news helped Maruti’s share to jump.</p>
<p>The post <a href="https://thegulfindians.com/surge-in-stock-market-continues/">Surge in stock market continues</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market slumps after continuous surge</title>
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		<pubDate>Thu, 19 Nov 2020 10:17:17 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=18028</guid>

					<description><![CDATA[<p>Our Correspondent The stock market witnessed loses after a continuous jump. It still set a new record, but later closed with a loss due to fluctuations. The Sensex was down 623 points and the Nifty was down 180 points. The Sensex closed at 43599.02 points and the Nifty closed at 12,771.50 points. The volatility was</p>
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]]></description>
										<content:encoded><![CDATA[<p><strong>Our Correspondent</strong></p>
<p>The stock market witnessed loses after a continuous jump. It still set a new record, but later closed with a loss due to fluctuations.</p>
<p>The Sensex was down 623 points and the Nifty was down 180 points. The Sensex closed at 43599.02 points and the Nifty closed at 12,771.50 points. The volatility was very strong during the trade. The Nifty traded down more than 200 points during the day. The day’s low was 12,745 points. The Nifty had gone up to 12,963 points.</p>
<p>The main losers were banking stocks, which have led the market in recent days. The Nifty Bank Index fell 3.02 percent. Banking stocks such as SBI, Axis Bank and ICICI Bank were the biggest losers.</p>
<p>Power Grid, ITC, NTPC, Tata Steel and Titan are the top five gainers in the Nifty. Powergrid rose 2.45 per cent. Shares of ITC, NTPC, Tata Steel and Titan gained over one per cent.</p>
<p>Most of the stocks in the Nifty fell. Thirty-three Nifty stocks lost while 17 gained. Shares of SBI, Axis Bank, ICICI Bank, HDFC Life and JSW Steel lost more than 3 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-slumps-after-continuous-surge/">Stock market slumps after continuous surge</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty above 12,800 points</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 17 Nov 2020 13:02:02 +0000</pubDate>
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		<category><![CDATA[Market]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[HDFC Life]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17876</guid>

					<description><![CDATA[<p>The stock market is heading for record highs again. The Sensex touched 44,000 points for the first time on November 17. The Sensex was up by 314 points and the Nifty by 93 points. The Nifty closed above 12,800 for the first time. The Sensex closed at 43952.71 points and the Nifty at 12874.20 points.</p>
<p>The post <a href="https://thegulfindians.com/nifty-above-12800-points/">Nifty above 12,800 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market is heading for record highs again. The Sensex touched 44,000 points for the first time on November 17. The Sensex was up by 314 points and the Nifty by 93 points. The Nifty closed above 12,800 for the first time.</p>
<p>The Sensex closed at 43952.71 points and the Nifty at 12874.20 points. The Nifty traded down about 150 points during the day. The day’s low was 12,797 points. Similarly, the Nifty rose by 12,934 points.</p>
<p>Metal and bank stocks were the major contributors to the day’s gains. The Nifty Bank Index was up 2.05 per cent and the Nifty Metal Index was up 2.49 per cent.</p>
<p>The top five gainers were Tata Motors, Tata Steel, HDFC Life, SBI and Adani Ports. Tata Motors rose 6.15 per cent. Shares of Tata Steel, HDFC Life and SBI gained over 5 per cent.</p>
<p>The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 30 stocks gained while 20 stocks lost. Shares of BPCL, Hero Motors, NTPC, ONGC and IOC lost ground.</p>
<p>The post <a href="https://thegulfindians.com/nifty-above-12800-points/">Nifty above 12,800 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Eight-day surge in market ends</title>
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		<pubDate>Thu, 12 Nov 2020 11:57:54 +0000</pubDate>
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		<category><![CDATA[Business]]></category>
		<category><![CDATA[#Coal India]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#Sree Cements]]></category>
		<category><![CDATA[Grasim]]></category>
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		<category><![CDATA[Hindustan Unilever]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17560</guid>

					<description><![CDATA[<p>Our Corrrespondent The stock market lost ground on November 12 after eight consecutive days of gains. The Sensex was down 236 points and the Nifty 58 points. The decline was due to high levels of profit booking. The Sensex closed at 43357.19 points and the Nifty 12690.80 points. The Nifty traded down 120 points during</p>
<p>The post <a href="https://thegulfindians.com/eight-day-surge-in-market-ends/">Eight-day surge in market ends</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Our Corrrespondent</strong></p>
<p>The stock market lost ground on November 12 after eight consecutive days of gains. The Sensex was down 236 points and the Nifty 58 points. The decline was due to high levels of profit booking.</p>
<p>The Sensex closed at 43357.19 points and the Nifty 12690.80 points. The Nifty traded down 120 points during the day. Nifty was down by 12,624 points. The Nifty had risen to 12,741 points during the day.</p>
<p>Shares of banks, which had made a major contribution in the past few days, fell. The Nifty Bank Index fell 1.73 per cent. All stocks in the Nifty Bank Index fell. Bank of Baroda and SBI fell more than 3%.<br />
At the same time, FMCG stocks rose. The Nifty FMCG index was up 1.28 per cent.</p>
<p>Hindustan Unilever, Grasim, Sree Cements, Hindalco and ITC were the top five gainers in the Nifty. Shares of Hindustan Unilever, Grasim and Shree Cements gained over 2 per cent.</p>
<p>The majority of Nifty stocks traded higher. Of the 50 stocks in the Nifty, 26 gained while 24 lost. Shares of SBI, Kotak Mahindra Bank, Coal India, IndusInd Bank and NTPC lost over 2 per cent.</p>
<p>The post <a href="https://thegulfindians.com/eight-day-surge-in-market-ends/">Eight-day surge in market ends</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>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#L&T]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Bajaj Finserv]]></category>
		<category><![CDATA[Divis Lab]]></category>
		<category><![CDATA[HCL Tech]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<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>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>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#bse]]></category>
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		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Acer Motors]]></category>
		<category><![CDATA[Bajaj Auto]]></category>
		<category><![CDATA[Bank of Baroda]]></category>
		<category><![CDATA[Divis Lab]]></category>
		<category><![CDATA[Federal Bank]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[Hero Motors]]></category>
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		<category><![CDATA[Nifty Pharma]]></category>
		<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>Market surges again; Nifty above 11,900 on Oct. 9</title>
		<link>https://thegulfindians.com/market-surges-again-nifty-above-11900-on-oct-9/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 09 Oct 2020 10:34:13 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[Grasim]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[SBI Life]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Wipro]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=15229</guid>

					<description><![CDATA[<p>The Nifty rose above 11,900 points October 9. The market rallied above August highs. The stock market advanced for the sixth day in a row. The Sensex was up 326 points and the Nifty was up 79 points on the day. The Sensex closed at 40,509 points on October 9. The day’s low was 40,066</p>
<p>The post <a href="https://thegulfindians.com/market-surges-again-nifty-above-11900-on-oct-9/">Market surges again; Nifty above 11,900 on Oct. 9</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Nifty rose above 11,900 points October 9. The market rallied above August highs. The stock market advanced for the sixth day in a row. The Sensex was up 326 points and the Nifty was up 79 points on the day.</p>
<p>The Sensex closed at 40,509 points on October 9. The day’s low was 40,066 points. It was up 40,585 points during trading. The Nifty rose above 11,900 points and closed at the same level. The Nifty rose to 11,938 points during trading. It has since closed at 11,914.</p>
<p>Bank stocks led the gains on the day. Out of the 50 stocks in the Nifty, 24 stocks gained while 26 stocks lost. Wipro, ICICI Bank, Axis Bank, SBI and HDFC Bank were the top gainers on the day. Wipro rose 4.40 per cent. ICICI Bank, Axis Bank, SBI and HDFC Bank gained over 3 per cent each Wipro, ICICI Bank, Axis Bank, SBI and HDFC Bank.<br />
Grasim, Hindalco, UPL, Sun Pharma and SBI Life were the top five losers in the Nifty.</p>
<p>The post <a href="https://thegulfindians.com/market-surges-again-nifty-above-11900-on-oct-9/">Market surges again; Nifty above 11,900 on Oct. 9</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market closes with a slight gain</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 11 Sep 2020 10:35:46 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Coal India]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Hero Motors]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Nifty IT Index]]></category>
		<category><![CDATA[Powergrid]]></category>
		<category><![CDATA[TCS]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<category><![CDATA[Wipro]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=13015</guid>

					<description><![CDATA[<p>The stock market ended higher over the weekend. The market gained for the second day in a row. The market had been volatile on September 11. The Sensex ended 15 points higher at 38,854 points. The day’s low was 38,711 points. The Sensex was at 38,978.52 points but could not cross the psychological level of</p>
<p>The post <a href="https://thegulfindians.com/stock-market-closes-with-a-slight-gain/">Stock market closes with a slight gain</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market ended higher over the weekend. The market gained for the second day in a row. The market had been volatile on September 11.</p>
<p>The Sensex ended 15 points higher at 38,854 points. The day’s low was 38,711 points. The Sensex was at 38,978.52 points but could not cross the psychological level of 39,000.</p>
<p>|The Nifty was up 11,493 points at one point but could not rise above the 11,500 point level. It closed at 11,464 points. At one point in the trade, the indices lost ground but ended with gains.</p>
<p>Although the index gained, most of the index-based stocks lost ground. 21 stocks in the Nifty were up while 29 were down. Wipro, SBI, Tech Mahindra, TCS and Hero Motors were the top five gainers in the Nifty. TCS was up 2.81 per cent and SBI was up 2.80 per cent.</p>
<p>IT stocks were the main gainers on the day. The Nifty IT index was up 1.29 per cent.</p>
<p>The biggest losers in the Nifty were Zee Limited, IndusInd Bank, PowerGrid, BPCL and Coal India. Zee Ltd. fell 2.22 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-closes-with-a-slight-gain/">Stock market closes with a slight gain</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>
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]]></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>Concerns are growing as the economy weakens</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 03 Sep 2020 06:03:14 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[Atmanirbhar Bharat]]></category>
		<category><![CDATA[corporate tax]]></category>
		<category><![CDATA[COVID-19]]></category>
		<category><![CDATA[financial year]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[GST]]></category>
		<category><![CDATA[indian economy]]></category>
		<category><![CDATA[Prime Minister Narendra Modi]]></category>
		<category><![CDATA[self sufficient package]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12443</guid>

					<description><![CDATA[<p>During the April-June quarter of the current financial year, the country experienced a 23.9 per cent economic slowdown, adding to the concerns of the COVID-19 period. The answers given by the Central Government to the question of what is being done to regain growth are not satisfactory. Compared to the first quarter of the previous</p>
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]]></description>
										<content:encoded><![CDATA[<p>During the April-June quarter of the current financial year, the country experienced a 23.9 per cent economic slowdown, adding to the concerns of the COVID-19 period. The answers given by the Central Government to the question of what is being done to regain growth are not satisfactory.</p>
<p>Compared to the first quarter of the previous year, the GDP has declined by 23.9 per cent. The last financial year has seen a slowdown in growth. With the advent ofCOVID, growth had disappeared and the recession had started.</p>
<p>Even before the corona attack, our economy was in a weak state. Due to the lock-down following COVID, economic activity fell sharply and the economy was hit harder. The country experienced a bigger economic downturn in the first quarter than predicted by various studies. Only the agricultural sector has seen growth. The economy is becoming more dependent on agricultural activities than usual. The good monsoon has paved the way for the growth in the agriculture sector.</p>
<p>According to SBI, the country&#8217;s largest bank, the country is expected to experience a 10.9 per cent recession in the current fiscal. The report predicts a slowdown in the July-September quarter.</p>
<p>The central government needs to address this issue by recognising the reasons why the economy has been weaker than expected despite the expected slowdown. Even before COVID, the state of the economy was bad. We have been facing a situation where the economy has been struggling for a few years now due to the ban on notes and the shortcomings in the implementation of the GST. Last year saw the highest unemployment rate in the last 45 years. The corona came like thunder out of the clear blue sky at a time when the labour market and the small business community were in crisis. Prolonging the lockdown has exacerbated fundamental financial problems.</p>
<p>The endless opportunities for small businesses that are unique to India are disappearing. Cosmetic interventions are not enough at a time when wartime solutions need to be found to revive the economy. Interventions are urgently necessary to move the market, which has lost grounds due to the repercussions and lockdowns created by COVID-19.</p>
<p>The Prime Minister&#8217;s &#8216;Atmanirbhar Bharat&#8217; announced in May was claimed to be a package of 10 per cent of GDP. But the new expenditure from the government for this package is only Rs.1.5 lakh crore. Even when corporate tax cuts were made last year, the government spent Rs.1.45 lakh crore. That&#8217;s about the same amount as government spending on the &#8216;self-sufficient&#8217; package. That is, only 1-1.2 per cent of GDP. With such a plan, the current severe economic downturn cannot be eliminated. We can only recover from the recession if the government initiates a strong package with a long-term vision.</p>
<p>The post <a href="https://thegulfindians.com/concerns-are-growing-as-the-economy-weakens/">Concerns are growing as the economy weakens</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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		<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>
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		<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>
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]]></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>Surge in stock market continues</title>
		<link>https://thegulfindians.com/surge-in-stock-market-continues-12003-2/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 27 Aug 2020 12:26:23 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Coal India]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[Bajaj Auto]]></category>
		<category><![CDATA[DLF]]></category>
		<category><![CDATA[Grasim Industries]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Oberoi Realty]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Prestige]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12003</guid>

					<description><![CDATA[<p>The stock market gained for the fifth day in a row. The Sensex was up 39 points on August 27 and the Nifty was up 10 points. Sectors such as Energy, Oil &#38; Gas and FMCG were at a loss. At the same time, the real estate sector registered a good performance. The Sensex closed</p>
<p>The post <a href="https://thegulfindians.com/surge-in-stock-market-continues-12003-2/">Surge in 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 gained for the fifth day in a row. The Sensex was up 39 points on August 27 and the Nifty was up 10 points. Sectors such as Energy, Oil &amp; Gas and FMCG were at a loss. At the same time, the real estate sector registered a good performance.</p>
<p>The Sensex closed at 39,113 points on the day. The stock had gained 39,326.98 points during the trade session. The day’s low was 39,046.94 points. Similarly, Nifty closed at 11,559 points.</p>
<p>The US stock market has been steadily rising for the past few days. This was also reflected in the boom in the Indian market. Mainly global indicators are driving the Indian market right now.</p>
<p>Twenty-three Nifty stocks gained while 27 stocks lost ground. IndusInd Bank, Mahindra &amp; Mahindra, Tata Motors, SBI and Grasim Industries are the top five gainers in the Nifty. IndusInd Bank was up 6.83 per cent. Shares of Mahindra &amp; Mahindra and Tata Motors rose over 4 per cent.</p>
<p>Real estate stocks rose sharply on the day. The Nifty Realty Index is up 6.40 per cent in a single day. Shares of  DLF (9.47 per cent), Prestige (8.19 per cent) and Oberoi Realty (7.06 per cent) surged. The Maharashtra government has reduced the stamp duty on housing from 5 per cent to 2 per cent to boost the real estate sector, which has pushed up real estate stocks.</p>
<p>Automobile stocks performed well. The Nifty Auto Index has risen 12 per cent in the last one month. Demand for this specialty has grown significantly as a result of recent corporate scandals.</p>
<p>ONGC, Reliance Industries, Bajaj Auto, Zee Limited and Coal India are the top five losers in the Nifty on August 27.</p>
<p>The post <a href="https://thegulfindians.com/surge-in-stock-market-continues-12003-2/">Surge in stock market continues</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market sees no significant gains</title>
		<link>https://thegulfindians.com/stock-market-sees-no-significant-gains/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 25 Aug 2020 12:31:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#Sree Cements]]></category>
		<category><![CDATA[Asian Paints and ICICI Bank]]></category>
		<category><![CDATA[Bajaj Auto]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=11847</guid>

					<description><![CDATA[<p>The stock market ended with a slight gain on August 25. The Nifty was under strong pressure as it could not rise above 14.5000 points. At the close, the Sensex was up 45 points and the Nifty was up 6 points. Bank and finance stocks were the top gainers on the day. On August 24,</p>
<p>The post <a href="https://thegulfindians.com/stock-market-sees-no-significant-gains/">Stock market sees no significant gains</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market ended with a slight gain on August 25. The Nifty was under strong pressure as it could not rise above 14.5000 points. At the close, the Sensex was up 45 points and the Nifty was up 6 points. Bank and finance stocks were the top gainers on the day.</p>
<p>On August 24, the US stock market set a new all-time high. The Nifty rose above 11,500 points this morning on the back of gains in the US market. But then the Nifty fell to 11,423.35 points. The stock finally closed at 11,472 points. The Nifty is under pressure at 11,550 points.</p>
<p>The Sensex ended at 38,843 points on the day. The Sensex had gained over 39,008.89 points during trading. Since then, it has fallen to 38,679.67 points.</p>
<p>Sixteen stocks in the Nifty gained while 32 stocks declined. Two shares remained unchanged. The market was generally witnessing gains ahead of the expiration of the holiday contracts on Thursday.</p>
<p>Tata Motors, Bajaj Finance, SBI, Asian Paints and ICICI Bank were the top five gainers in the Nifty. Tata Motors rose 5.16%. Bajaj Finance gained over 3%. The Nifty Bank Index was up 1.13%.</p>
<p>Sree Cements, GAIL, Bajaj Auto, Sun Pharma and Tata Steel were the top five losers in the Nifty. Sree Cements and GAIL fell more than two per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-sees-no-significant-gains/">Stock market sees no significant gains</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty back above 11,200 points</title>
		<link>https://thegulfindians.com/nifty-back-above-11200-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 17 Aug 2020 13:08:03 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Bajaj Auto]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Jindal Steel]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[reliance]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=11368</guid>

					<description><![CDATA[<p>The stock market started the first day of the week on a positive note after falling sharply last week. The Sensex was up 173 points and the Nifty 68 points. The Sensex ended at 38,050 points on August 17. The Sensex ended lower at 37,734 points. The Sensex rose more than 300 points from a</p>
<p>The post <a href="https://thegulfindians.com/nifty-back-above-11200-points/">Nifty back 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 started the first day of the week on a positive note after falling sharply last week. The Sensex was up 173 points and the Nifty 68 points.</p>
<p>The Sensex ended at 38,050 points on August 17. The Sensex ended lower at 37,734 points. The Sensex rose more than 300 points from a low.</p>
<p>The Nifty closed at 11,247 points. The Nifty traded lower by 11,144 points and then rose by more than 100 points. The Nifty is currently trading at a high of 11,267 points.</p>
<p>Thirty-nine stocks in the Nifty gained while 11 stocks lost. The top five gainers were NTPC, Eicher Motors, Zee Limited, Hindalco and Bajaj Auto. NTPC gained 7.47%. Eicher Motors, Zee Limited, Hindalco, Bajaj Auto and Hero Motors gained over four per cent.</p>
<p>SBI, Bharti Airtel, BPCL, Reliance and Tata Motors were the top five losers in the Nifty. SBI fell 1.55 per cent.</p>
<p>Automobile and metal stocks were the main gainers of the day. Similarly, the National Stock Exchange index Nifty gained 2.43 per cent. Of the 15 stocks in the Nifty Auto Index, 12 gained.</p>
<p>Similarly, the Nifty metal index rose by 2.51 per cent. The last few days have seen a steady rise in metal stocks. Jindal Steel was up 5.16 per cent and Hindalco was up 4.46 per cent.</p>
<p>The post <a href="https://thegulfindians.com/nifty-back-above-11200-points/">Nifty back above 11,200 points</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>IRCTC, SBI Card launch co-branded contactless credit card</title>
		<link>https://thegulfindians.com/irctc-sbi-card-launch-co-branded-contactless-credit-card/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 28 Jul 2020 11:58:05 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[Travel]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[Card]]></category>
		<category><![CDATA[Contactless]]></category>
		<category><![CDATA[IRCTC]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=9141</guid>

					<description><![CDATA[<p>The IRCTC and SBI Card together launched their new co-branded contactless Credit Card on RuPay Platform. The new credit card was dedicated to the service of the nation today by Mr. Piyush Goyal, Minister of Railways and Commerce and Industry. “We are strongly committed in making Railways ‘Aatma Nirbhar’ in all the fields with ‘Make</p>
<p>The post <a href="https://thegulfindians.com/irctc-sbi-card-launch-co-branded-contactless-credit-card/">IRCTC, SBI Card launch co-branded contactless credit card</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The IRCTC and SBI Card together launched their new co-branded contactless Credit Card on RuPay Platform. The new credit card was dedicated to the service of the nation today by Mr. Piyush Goyal, Minister of Railways and Commerce and Industry.</p>
<p>“We are strongly committed in making Railways ‘Aatma Nirbhar’ in all the fields with ‘Make In India’ initiatives as envisaged by  Prime Minister. The IRCTC SBI co-branded card working on RuPay Platform is one of the many &#8216;Make In India&#8217; activities undertaken by the Railways”</p>
<p>With the aim to offer a safe transaction environment to the customers, the new RuPay credit card is equipped with Near Field Communication (NFC) technology whereby the users can expedite their transactions at the POS machines by just tapping the card on the machines without requiring to swipe the card.</p>
<p>Designed to reward frequent railway travellers, the new co-branded credit card offers the rail passengers maximum savings proposition on their travel together with exclusive benefits on retail, dining and entertainment as well as transaction fee waivers.</p>
<p>The cardholders will receive up to 10% value back on 1st AC, 2nd AC, 3rd AC, Executive Chair Car &amp; AC Chair Car bookings made at IRCTC website. The card also offers online transaction fee waiver (1% of transaction amount), 1% fuel surcharge waiver and 4 premium lounge free access at Railway stations in a year (one per quarter). The users of the card will receive 350 Bonus Reward Points upon activation of the card with a minimum spent. The users can redeem the accumulated reward points against purchase of train tickets on IRCTC’s ticketing website. In addition to savings on rail travel, the IRCTC SBI card offers several benefits for online shopping portals. Customers can avail discounts while shopping at e-commerce sites.</p>
<p>With RuPay’s increasing market share and gaining popularity among Indian customers, the RuPay powered IRCTC SBI Cobranded Credit Card is yet another step to provide RuPay users a delightful shopping experience.</p>
<p>The new co-branded credit card together substantiates the commitment of IRCTC, SBI Card and RuPay for promoting the Digital India initiatives and aims to ensure a safe, convenient and improved travel experience for the rail passengers.</p>
<p>The post <a href="https://thegulfindians.com/irctc-sbi-card-launch-co-branded-contactless-credit-card/">IRCTC, SBI Card launch co-branded contactless credit card</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty closes above 10,800 points</title>
		<link>https://thegulfindians.com/nifty-closes-above-10800-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 09 Jul 2020 11:18:57 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Coal India]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Hero Motors]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Infratel]]></category>
		<category><![CDATA[metal]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=6671</guid>

					<description><![CDATA[<p>After a day’s break, the stock market resumed its bullish trend. Sensex registered 408-point gain on July 9. It ended trading at 36,737 points. Nifty rose 107 points to close at 10,813. During trading Nifty surged till 10,836.85. The fact that it closed above the 10,800 indicate a signal of further gains. Nifty faces slight</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-10800-points/">Nifty closes above 10,800 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>After a day’s break, the stock market resumed its bullish trend. Sensex registered 408-point gain on July 9. It ended trading at 36,737 points.<br />
Nifty rose 107 points to close at 10,813. During trading Nifty surged till 10,836.85.<br />
The fact that it closed above the 10,800 indicate a signal of further gains. Nifty faces slight pressure at 10,800 points.<br />
The stock market had registered gains during the last three days of last week and the first two days of this week. On July 8 it couldn’t sustain the gain of the previous gains but has now returned to the growth trajectory.<br />
Thirty-five of the 50 index Nifty has made gains during the day. Hindalco, HDFC, SBI, Bajaj Finance and Tata Steel are the shares that registered most profit. Hindalco shares rose 6.58%. HDFC and SBI made over 4% gains.<br />
Infratel, Coal India, Tech Mahindra, ONGC, and Hero Motors are the Nifty shares that registered most losses.<br />
Banking and Metal shares too gained. The Nifty Bank Index rose 1.42% Nifty Metal Index rose 1.94%. </p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-10800-points/">Nifty closes above 10,800 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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