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Wipro names Capgemini's Thierry Delaporte as CEO

Reuters India Friday, 29 May 2020
India's Wipro Ltd on Friday named Thierry Delaporte as the new chief executive officer and managing director of the IT company, replacing Abidali Neemuchwala.
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Wipro Wipro Indian multinational IT services and consulting company

Equity indices trade higher, pharma stocks rally [Video]

Equity indices trade higher, pharma stocks rally

Equity benchmark indices traded higher during early hours on Friday amid mixed cues from their Asian peers. At 10:15 am, the BSE S-P Sensex was up by 136 points or 0.35 per cent at 39,115 while the Nifty 50 moved up by 56 points or 0.48 per cent at 11,576. Except for Nifty FMCG, all sectoral indices at the National Stock Exchange were in the green with Nifty pharma gaining by 3.8 per cent, realty by 0.9 per cent and auto by 0.7 per cent. Among stocks, Dr Reddy's Laboratories jumped by 4.6 per cent to Rs 5,051.20 per share after the company said it has settled its patent litigation with Celgene for the latter's cancer drug capsules. Cipla ticked up by 5.4 per cent and Sun Pharma by 3 per cent while Oberoi Realty advanced by 2.4 per cent. Eicher Motors, Adani Ports, Tech Mahindra and Wirpo traded with a positive bias. FMCG stocks fell with Hindustan Uniliver slipping by 1.4 per cent, Nestle India by 0.3 per cent and Britannia by 0.2 per cent.

Credit: ANI    Duration: 01:24Published
Opening bell: Equity indices trade higher, IT stocks shine [Video]

Opening bell: Equity indices trade higher, IT stocks shine

Equity benchmark indices traded firm during early hours on Monday on the back of positive global cues as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase three trial. At 10:15 am, the BSE SandP Sensex was up by 273 points or 0.7 per cent at 39,127 while the Nifty 50 gained by 69 points or 0.6 per cent at 11,534.Except for Nifty pharma and FMCG. All sectoral indices at the National Stock Exchange were in the positive zone with Nifty IT gaining by 2.2 per cent and realty by 3.1 per cent. Among stocks, HCL Technologies spurted by 6.3 per cent to Rs 765 per share while Tech Mahindra moved up by 2.7 per cent, Tata Consultancy Services by 1.8 per cent, Infosys by 1.7 per cent and Wipro by 1.6 per cent.Realty major DLF ticked up by 2.1 per cent to Rs 157.55 per share while Oberoi Realty advanced by 4 per cent to Rs 392. The others which gained were Tata Motors, Adani Ports and HDFC.However, those which lost were Asian Paints, Bajaj Finance, Hero MotoCorp, Maruti and Bharti Infratel.

Credit: ANI    Duration: 01:04Published
Equity gauges end flat amid gloomy investor sentiment [Video]

Equity gauges end flat amid gloomy investor sentiment

Equity benchmark indices closed at near-flat levels on September 11 as investors remained cautious about adverse news flow of Covid-19 vaccine trials, simmering India-China geopolitical tensions and a sharp sell-off in US equities. The BSE S-P Sensex closed 14 points or 0.04 per cent higher at 38,855 while the Nifty 50 gained by 15 points or 0.13 per cent at 11,464. Most sectoral indices at the National Stock Exchange were flat except for Nifty IT which gained by 1.3 per cent.Among stocks, Wipro advanced by 2.8 per cent to Rs 292.55 per share while Tech Mahindra and Tata Consultancy Services moved up by 1.8 per cent and 1.7 per cent respectively.

Credit: ANI    Duration: 01:01Published
Equity indices subdued, FMCG and pharma stocks drag [Video]

Equity indices subdued, FMCG and pharma stocks drag

Equity benchmark indices were subdued during early hours on September 07 due to mixed global cues with FMCG and pharma stocks under pressure. At 10:15 am, the BSE SandP Sensex was down by 45 points or 0.12 per cent at 38,312 while the Nifty 50 lost by 21 points or 0.18 per cent at 11,313. Sectoral indices at the National Stock Exchange were mixed with Nifty FMCG down by 0.8 per cent, pharma by 0.5 per cent and IT by 0.4 per cent. Among stocks, UPL dropped by 3 per cent to Rs 492.90 per cent, Mahindra and Mahindra by 2 per cent, ITC by 1.6 per cent and GAIL by 1.3 per cent. The other prominent losers were ONGC, Bajaj Auto, HCL Technologies, Wipro, Larsen and Toubro and Bharti Airtel. However, Bharti Infratel gained by 4.2 per cent to Rs 223.95 per share. Axis Bank, ICICI Bank and State Bank of India along with Tata Motors and Tata Steel traded with a positive bias.

Credit: ANI    Duration: 01:09Published

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