Monday, July 9, 2018

Stock Market LIVE: Sensex jumps 230 points, Nifty rises above 10,800


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Indian benchmark indices BSE Sensex and NSE’s Nifty 50 advanced on Monday as investors shifted to focus on corporate earnings from trade tensions. The Indian rupee strengthened against the US dollar, tracking gains in other Asian currencies and ahead of key consumer price inflation data this week. Moreover, Asian share markets advanced as favorable US jobs data whetted risk appetites. Oil prices pushed higher as the US dollar eased following the jobs report.
TCS shares trade lower ahead of Q1 results tomorrowShares of Tata Consultancy Services Ltd fell 1% to Rs1,900 ahead of its June quarter earnings on Tuesday. According to 15 Bloomberg analyst estimates, the company may post a net profit of Rs6985.40 crore, while revenues will be at Rs33,966 crore.
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Reference By- https://www.livemint.com/Money/eLdgK7dybFCDAzBIf43HJL/Stock-Market-LIVE-Sensex-Nifty-set-for-positive-start.html

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