Thursday, Oct 29 2020 | Time 18:24 Hrs(IST)
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  • Nitish govt has no right to continue even for a moment after Munger incident: Congress
  • NIA conducts raids at multiple locations in Assam & Maharashtra in Delhi gold smuggling case
  • COVID-19: Three Indian shuttlers withdraw from SaarLorLux Open
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  • SC gives relief to U'khand CM, puts stay on CBI probe in corruption case
  • Javadekar, Nadda condole Keshubhai Patel's demise
  • SAD:Rahul & CM must clarify shielding of goon Mukhtiar Ansari in Punajb jail
  • Another police officer dies of Covid-19 in Noakhali
  • Bank of Baroda reports net profit of Rs 1,679 cr
  • Punjab will fight every bullying to protect its right:Jakhar
  • K'taka CM B S Yediyurappa condoles death of Keshbhai Patil
  • BITM arranges for online viewing of ‘Blue Moon’
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Business Economy


Sensex drops 172.61 pts

Sensex drops 172.61 pts

Mumbai, Oct 29 (UNI) Extending losses for another day on Thursday the Sensex dropped by 172.61 pts to settle at 39,749.85 on heavy selling in Capital Goods, Consumer Durable, Utilities, Industrials and FMCG stocks amid weak Asian Market.

The Nifty of National Stock Exchange too fell by 58.80 pts at 11,670.80.

The Sensex slipped by 385 pts to open at 39,537.17 in opening trade. It further lost by 398 pts to 39,524.25, days low before closing at 39,749.85, down by 172.61 pts from its previous close.

With this, the Sensex has dropped by 771 pts in couple of sessions.

The Sensex registered days high and low at 40,010.83 and 39,524.25 pts respectively.

The Nifty recorded days high and low at 11,744.15 and 11,606.45 pts respectively.

The sectoral indices that kept the market low were Capital Goods, Consumer Durable, Utilities, Industrials and FMCG.

In scrips, L&T, Titan, ONGC, Axis Bank and Hind Unilever were down, however, Asian Paints, Ultracemco, HCL Technologies, Kotak Bank and ICICI Bank were advanced.

The Mid Cap declined by 0.01 pc and Small Cap by 0.21 pc.

In 30 scrips, 21 declined while 9 advanced.

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Bank of Baroda reports net profit of Rs 1,679 cr

29 Oct 2020 | 5:50 PM

Kolkata, Oct 29 (UNI) Bank of Baroda on Thursday reported a standalone net profit of
Rs 1,679 crore for July-September quarter (Q2FY21) on the back of lower provisons.

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Artha Energy Resources commences expansion work of rooftop solar plant in Aurangabad

29 Oct 2020 | 5:34 PM

Kolkata, Oct 29 (UNI) Artha Energy Resources (AER), a boutique investment bank and
corporate advisory firm, has announced that it has started expansion work on its 165KW
rooftop solar power plant in Aurangabad, Maharashtra.

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Alstom becomes first company to achieve full certification for latest digital train control standard

29 Oct 2020 | 5:25 PM

Kolkata, Oct 29 (UNI) Reaffirming its leading position in digital rail technologies, Alstom
has become the first company in the world to be fully certified for the latest onboard and
trackside ETCS standards.

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Torry Harris "Legacy to cloud-native kit" in TMForum Digital Transformation World 2020

29 Oct 2020 | 5:15 PM

BRISTOL, England, BANGALORE, India and DUBAI, UAE, Oct. 29, 2020 /PRNewswire/ - Torry Harris Integration Solutions (THIS) announced the roll out of its 'Legacy to cloud-native kit' at TMForum Digital Transformation World Series (DTWS) 2020. The kit helps enterprises retain their legacy differentiators while methodically transitioning select legacy functionality to a cloud-native setup, accelerated by tools at every step of the process. The cloud-native environment achieved through the kit can meet and exceed high-performance requirements that many enterprises need at the moment.

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Hikvision reports Q3 2020 financial results

29 Oct 2020 | 5:13 PM

HANGZHOU, China, Oct. 29, 2020 /PRNewswire/ - Hikvision, an IoT solution provider with video as its core competency, has reported its financial results for the third quarter of 2020. During the quarter, Hikvision generated a revenue of RMB 17.75 billion with a year-over-year (YoY) increase of 11.53%, and net profits attributable to shareholders of the company was RMB 3.81 billion, reflecting a YoY growth of 0.12%.

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