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Monday, January 25, 2021

Business

Sensex zooms over 340 pts in early trade; financial stocks lead rally

Mumbai: The BSE benchmark Sensex surged 346.55 points in the opening session on Monday, propelled by a rally in financial stocks. The 30-share index was trading 346.55 points or 0.71 per cent higher at 49,225.09 in opening trade. Likewise, the NSE...

India sees 19 IPOs worth $1.84 bn in 2020 December quarter: Report

New Delhi: Reflecting strong momentum, India witnessed 19 initial public offers worth USD 1.84 billion in the fourth quarter of 2020 and market sentiment remains positive in what could be a stellar 2021, according to a report. Leading consultancy EY's...

Markets may remain volatile in holiday-shortened week: Analysts

New Delhi: Markets may remain volatile in this holiday-shortened week amid monthly derivatives expiry, quarterly earnings and the upcoming Union Budget, analysts said. Equity markets would remain closed on Tuesday for the Republic Day holiday. "Going ahead, markets may continue to...

Yes Bank at ‘peak’ of asset quality stress; has ‘many positives’: CEO

New Delhi: Yes Bank has reached the "peak" of asset quality stress after reporting heightened challenges in the December quarter earnings, even though there can be a jump in the gross non-performing assets (GNPA) ratio in the March quarter,...
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Farmers’ rally in Mumbai only for ‘publicity’: Athawale

Mumbai: Union minister Ramdas Athawale on Monday said there was no need of a farmers' march in Mumbai in...
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