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As On 05-Dec-2019 EOD, Market Closed
SENSEX
40,779.59
-70.70 (-0.17%)
NIFTY
12,018.40
-24.80 (-0.21%)
    No Companies Visited

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  • IT stocks rise on weak rupee

    Shares of six IT companies rose 0.01% to 1.94% at 15:04 IST on BSE after rupee edged lower against the dollar in the foreign exchange market.



    Meanwhile, the S&P BSE Sensex was down 456.09 points or 1.23% at 36,662.18.

    The S&P BSE IT was up 98.57 points or 0.63% at 15,630.03

    TCS (up 1.94%), MphasiS (up 1.54%), Tech Mahindra (up 1.17%), MindTree (up 0.09%), Infosys (up 0.1%) and HCL Technologies (up 0.01%) advanced.

    Hexaware Technologies (down 1.47%), Wipro (down 0.7%) and Oracle Financial Services Software (down 0.63%) declined.

    In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 70.50, compared with its close of 69.60 during the previous trading session.

    A weak rupee boosts revenues of IT firms in rupee terms as the sector derives a lion's share of revenue from exports.

    Back to news list
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Flash News 05-Dec-2019
  •  ( 17:20) Sensex, Nifty slip as RBI holds repo rate  
  •  ( 15:24) Seamec's charter hire of vessel, Seamec III with ONGC has concluded  
  •  ( 14:58) Force Motors' domestic sales jump 31.08% Y-o-Y to 1,936 units  
  •  ( 14:41) Asian markets mostly end higher  
  •  ( 14:41) European markets trade mostly lower  
  •  ( 14:39) Indices remain volatile  
  •  ( 13:43) State Bank of India divests 8.25% stake from UTI AMC via IPO  
  •  ( 12:59) Two borrowing agencies of HUDCO default on their due repayment  
  •  ( 12:17) RBI lowers FY20 real GDP growth projection to 5% from 6.1%  
  •  ( 12:16) RBI: CPI inflation projection is revised upwards  
  •  ( 12:00) Interglobe Aviation lowers its growth prospects this quarter  
  •  ( 11:50) RBI maintains accomodative stance  
  •  ( 11:49) RBI keeps repo rate unchanged at 5.15%  
  •  ( 10:51) Nifty holds 12,050  
  •  ( 10:51) Indices trade in a narrow range  
  •  ( 10:46) Ujjivan Small Finance Bank IPO subscribed 167 times  
  •  ( 09:32) Market trading higher  
  •  ( 09:29) RIL spurts on Jios new all-in-one plan launch  
  •  ( 08:18) Asian markets trading lower  
Show News
05 December 2019 00:00
1714.85
(-0.33 %)
729.50
(-1.39 %)
3244.40
(-0.23 %)
3987.40
(-0.08 %)
447.20
(-2.96 %)
2325.45
(0.15 %)
560.75
(-0.38 %)
1245.45
(-0.50 %)
2396.60
(-1.76 %)
2036.25
(-0.58 %)
527.90
(-0.27 %)
1509.85
(-2.21 %)
714.65
(0.91 %)
246.90
(1.54 %)
1649.95
(-0.11 %)
1301.65
(1.28 %)
524.60
(-0.23 %)
7005.60
(-0.99 %)
114.05
(-0.65 %)
128.80
(-0.96 %)
187.15
(-0.66 %)
1550.30
(-0.14 %)
336.25
(-1.65 %)
436.60
(-1.60 %)
166.10
(-1.95 %)
69.30
(-1.35 %)
399.65
(-2.31 %)
2121.50
(2.04 %)
764.70
(0.80 %)
142.45
(-1.15 %)
62.10
(-1.51 %)
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