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Stock Market News - Infosys Drops 10%, Reliance Industries Extends Gain

NEWS ALERT | Officers of ED visited one of co's offices raising certain queries: DHFL
-- Co clarifies to exchanges w.r.t ED raids

-- Says,, have provided necessary documents & clarifications to the ED

NEWS ALERT | Lupin gets US FDA nod for Divalproex Sodium tablet: BSE filing
-- Tablet of 250-500 mg

-- Drug used to treat bipolar disorder, epilepsy & migraine headaches

Oil update: Global oil prices were near flat as the market fretted about the health of the global economy and the future for energy demand. Brent crude futures inched up 7 cents to $59.03, while US crude added 9 cents to $53.40 a barrel.

Rupee Opening Alert - Rupee opens higher at 70.90/$ vs Friday's close of Rs 71.14/$

Infosys Drops 10% After Whistleblower Complaints Shares of Infosys fell as much as 10 percent the most since Aug. 18, 2017—the day when former CEO Vishal Sikka resigned, to Rs 691.10. An anonymous whistleblower letter has alleged that the company’s Chief Executive Officer Salil Parekh dressed up the company’s books—accusations that could plunge the software services provider into its second leadership - related crisis in a little over two years.


Reliance Industries Extends Gain For Sixth Day After Q2 Results, Shares Hit Record High Shares of Reliance Industries extended gains for the sixth consecutive trading session. The stock rose as much as 1.5 percent to Rs 1,436 after the company announced its September quarter results.

HDFC Bank Gains After Q2 Profit Meets Estimates Shares of HDFC Bank extended gains for the second consecutive trading session. The stock rose as much as 2.3 percent to Rs 1,257 after its quarterly profit during July-September period met estimates. Net profit of India’s most valuable bank rose 26.8 percent year-on-year to Rs 6,345 crore in the quarter ended September, it said in an exchange filing.


Sensex | Market News | Bank Nifty | Rupee | Crude Oil | Infosys | HDFC Bank
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