October 19, 2026 09:42 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Internet access a fundamental right for children': SC rejects age-based 'blanket' ban | 'We will fight our own government': RG Kar victim's father threatens fresh protest after Sandip Ghosh gets bail | RG Kar shocker: Sandip Ghosh gets bail as only 7 of 147 witnesses examined, junior doctor blasts CBI | Trump waives Russia-related sanctions | 'How dare Elon Musk?' Owaisi defends Modi after billionaire's 'real boss' jibe at Ambani | 'B****y S***': IAS officer's abuse of female colleague during virtual J&K meeting sparks row | Aamir Khan’s nephew Imran Khan asked to leave India by Oct 28 after joining anti-CEC protest | ‘Their crime? Demanding justice’: Rahul Gandhi slams 4 AM detention of Ankita Bhandari’s parents | ‘Bangladesh showed us the way’: Neha Bora’s remarks spark BJP attack on Rahul Gandhi | Chingrighata flyover skid scare: Bikes fall, anti-skid blocks installed overnight as Bengal Minister Agnimitra Paul faces criticism

Markets remain upbeat on Monday

| | Apr 18, 2016, at 09:40 pm
Mumbai, Apr 18 (IBNS) The Indian markets closed on an upbeat note on Monday, largely fuelled by strong quartet-end earnings posted by IT major Infosys and expectations of a normal monsoon, with the Sensex up 189.61 points to 25816.36 and Nifty up 64.25 points to 7914.70.

The last time Nifty had reached its psychological level of 7900 was on Jan 1.

However, a $940 million fine slapped by a US jury on Tata Consultancy Services (TCS) and  Tata America International Corp, in connection with a trade secret lawsuit filed in 2014, has made many players in the IT sector see red.

TCS on Saturday said it will defend its position.

Some of the top gainers on Monday included Infosys, Cipla, Bharti Airtel, Idea Cellular, HDFC, BPCL, UltraTech Cements and Lupin. 

Some of the leading names that disappointed were GAIL, SBI, Hero, ONGC, Bank of Baroda, and ICICI Bank.

 

Image: Wikimedia Commons

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.