Wed, Feb 7, 2024 12:38 PM
Tata Steel calls off merger with TRF, amalgamation of 5 other businesses.
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India's Sensex and Nifty indices plummeted 1.6% on Monday, but certain stocks defied the trend, with ITI Ltd surging 20%, PTC Industries rising 7.6%, and healthcare stocks gaining on news of a virus outbreak in China and India. Titan Company and ICICI Bank also bucked the trend, with gains of 2.3% and 0.1%, respectively.
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The Indian stock market fell, with the📌 S&P BSE Sensex declining 1,258.12 points to 77,964.99 and NSE Nifty50 dipping 388.70 points to 23,616.05, led by losses in 📌Union Bank of India,📌 Kotak Mahindra Bank, and📌 Dabur India. Whereas 📌Jubilant Foodworks reported 56 percent year-on-year (YoY) growth in consolidated revenue for the December quarter to Rs 2,156 crore.
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Amit Banerji, founder, CEO of Table Space, a workspace solutions provider, has passed away, the company said on January 6. The immediate cause of his death remains unknown, although a few media reports suspected he had a heart attack. His impact on the company, its people and the industry will be lasting forever.
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