Getty ImagesDomestic benchmark index NSE Nifty gained 74.7 points to 18278.1, while the BSE Sensex traded 170.62 points up at 61900.3.
On the other hand, Refex Industries, Chembond Chem, Nilkamal Ltd, Jai Balaji Inds and IZMO stocks hit their fresh 52-week highs today.
In the Nifty 50 index, Adani Ent., Adani Ports SEZ, Divis Labs, Dr. Reddys and Sun Pharma were among the top gainers on the NSE.
Eicher Motors, Axis Bank, UPL, Hindalco and Nestle India were among the top losers.
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Boarding Gate: Financial Investors Being Tapped to Bid for Go FirstPreliminary talks on a possible rescue of grounded budget carrier Go First through the insolvency process have been initiated with a few financial investors, including a leading global private equity fund, said people with knowledge of the matter.
Borrowing Rates for Govt, Cos to DeclineBulk borrowing rates for the government and corporates are set to reduce in the short term as Friday’s central bank move to withdraw India’s highest denomination banknotes of ₹2,000 from the markets is expected to boost banking system liquidity.
Tiger Gets Ready to RRoar at IPLTiger Global, among the world’s most prolific technology-focused investors, is in talks to pick up a financial stake in the Indian Premier League’s franchise Rajasthan Royals, said two people in the know of the matter.
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