Business India

Sensex : SHOBHA, Tata Motors, Religare in Top Gainers Spark Sinks and IREDA cloud on BJP

Sensex : SHOBHA, Tata Motors, Religare in Top Gainers Spark Sinks and IREDA cloud on BJP
Written by Ashish Sharma

Indian Stock Markets Reclaimed their last month positions today, After opening lower the Sensex gains 130 points and currently at 31924, Whereas NIFTY gains 29 points in the early morning hours and holding at 10009 at 10:30 IST.
Sobha stock Jumped 6.5% as Jul-Sept realty sales up 8% on quarter.Religare, Tata motors, and ICICI are trading on higher Volumes in Bombay stock exchange(BSE) .Orient Bank and SPARC are among the top losers today.Tata Teleservices stock sinks 13% on the reports that the company is likely to winding up operations in phases.Orient Bank trading at 119.50 droped 2.55% from yesterday and SPARC 8% down to 354.50 after Baclofen GRS did not meet the prechecks in placebo-controlled studies.

IREDA in the news today after series of tweets flushed from top opposition leader. Sharmistha Mukherjee saying “BJP changed slogan from Vikas ki jay ho to Jai ka Vikas ho”. The controversy came into limelight when a report in a Journal published alligation on BJP’s President Amit Shah son’s Jai Shah of availing 10.35 crores loan from a public sector enterprise IREDA Indian Renewable Energy Development Agency. Clearing the controversy former Energy Minister Piyush Goyal Piyush Goyal said the report was “absolutely false, baseless, malicious, derogatory, defamatory and hollow”. Goyal Response came after Kapil Sibal’s press conference against BJP and Jai Shah.

Asian stock markets today trade higher as investors in Asia are waiting  the release of China Caixin services PMI. The Indian rupee gained Marginally against the US dollar in opening trading hours

About the author

Ashish Sharma

Ashish is a techie who is a finance and stocks hobbyist. He loves to contribute and create awareness by writing on business and finance