Latest news with #AbhineetKumar
Business Standard
4 days ago
- Business
- Business Standard
Sensex zooms 1,750 pts, Nifty tops 23,350; why stock markets rallied today?
Why are markets rising today: Tata Motors, L&T, IndusInd Bank, M&M, Adani Ports, HDFC Bank, Axis Bank, ICICI Bank, Bharti Airtel, Bajaj Finance, Reliance Industries, and SBI were top gainers today Shine Jacob Abhineet Kumar Why is stock market rising today, Stock Market Today:The Indian stock markets rose on Tuesday, April 15, 2025, climbing for a second straight day, as tariff reprieve by US President Donald Trump lifted stock market sentiment. The BSE Sensex index zoomed 1,750.34 points intraday to hit a high of 76,907 level, while the Nifty50 index surged 540 points to a high of 23,368. At 3:30 PM, Sensex closed 2.1 per cent higher at 76,734, while the Nifty50 ended 2.19 per cent up at 23,328. In the broader market, the Nifty MidCap, and the Nifty SmallCap indices advanced over 2 per cent each. Of the 2,574 stocks traded on the NSE today, 2,316 stocks gained today and 196 fell. Sixty two stocks were unchanged at the time of writing this report. US' key index, the S&P 500, is up 9 per cent, from April lows, on tariff pause. The Nifty, however, is up only 3 per cent from April lows; hence, we have some catching up to do. This, and some short-covering, will keep the markets strong for the day,' said VK Vijayakumar, chief investment strategist at Geojit Investments Limited. Among individual stocks, Tata Motors, L&T, IndusInd Bank, M&M, Adani Ports, HDFC Bank, Axis Bank, ICICI Bank, Bharti Airtel, Bajaj Finance, Reliance Industries, State Bank of India, and Eternal (Zomato) were the top gainers on the Sensex today, moving higher in the range of 2 per cent to 5 per cent.'
Business Standard
4 days ago
- Business
- Business Standard
Odisha extends UG admission deadline to June 1 as Class 12 results delayed
The government has also asked students belonging to Socially and Economically Backward Class (SEBC), who can now avail 11.25% reservation in state-run colleges, to keep valid caste certificates ready Shine Jacob Abhineet Kumar In a relief for students in Odisha, the state government on Tuesday extended the deadline for undergraduate admissions in state-run colleges till June 1 following a delay in declaring results for the state board's Class 12 final examinations. The earlier deadline for admissions was May 20. "The timeline for e-Admission into all (+3) Degree Higher Education Institutions (HEIs), including Self-Financing Colleges and Sanskrit Colleges of the State under SAMS, has been extended to 1 June 2025," the Higher Education Department posted on X. Students wishing to apply for admission to such institutions can get details from the official website at
Business Standard
4 days ago
- Business
- Business Standard
India likely to see at least 30 GCCs with billion-dollar revenue this year
Data from Pune-based consultancy Wizmatic shows that there were about 24 GCCs with annual revenue of more than $1 billion in FY24; that number is expected to grow by five or six more such players Abhineet Kumar The number of global capability centres (GCC) with revenue of more than $1 billion is expected to hit about 30 this year, up from 24 a year earlier, indicating the growing importance of such organisations in India's technology landscape. Data from Pune-based consultancy Wizmatic shows that for the financial year ended March 31, 2024, there were about 24 GCCs with annual revenue of more than $1 billion. This included big banks such as JP Morgan, Wells Fargo, Citicorp, Barclays, HSBC Software, Standard Chartered, and Bank of America.
