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Sensex, Nifty hit fresh highs on earnings hopes

DNMUM392641 | 7/18/2017 | Author : DNA Money Correspondent | WC :188

Mumbai : Dalal Street closed Monday’s session in the green on renewed strength of the benchmark indices on optimism about corporate earnings.
While the BSE Sensex closed at a fresh high of 32074.78, after jumping 54.03 points, or 0.17%, Nifty closed over the 9900 level for the first time at 9915.95, after inching up 29.60 points, or 0.30%.
Investors’ optimism about encouraging first quarter earnings report by blue-chip companies in the days ahead, clubbed with smooth sailing of monsoon, led the gains.
Wipro emerged as the biggest gainer rising 3.12% ahead of its Board meeting to discuss buyback of shares while Infosys was up 1.37%. Adani Ports, ICICI Bank, Cipla, Hindustan Unilever and Reliance Industries were among other
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Big, safe and friendly
DNMUM393171 | 7/26/2017 12:00:00 AM | Author : Kumar Shankar Roy | WC :860

with a string of  reforms by the regulator  Irda, Ulips are silently making a successful  comeback, says Kumar Shankar RoyDisruption is a way of life in business. For India’s life insurance industry, th
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Business as usual
DNMUM393175 | 7/26/2017 12:00:00 AM | Author : Collin Furtado | WC :736

Snapdeal rejected Flipkart’s first offer of $800-850 million earlier this month, but the latter did not stop there. Instead, it came back with a revised offer for $900-950 million last week. The saga between the two e-commerce rivals has bee

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Google takes a VR step to make advertising easier
DNMUM393176 | 7/26/2017 12:00:00 AM | Author : Collin Furtado | WC :327

In one of the biggest moves that could push the use of virtual reality (VR), Google has announced the launch of a brand new product that brings the concept of advertising in VR. Google come out with a dedicated website for its internal incubato
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Effective budgeting keeps finances in check
DNMUM393179 | 7/26/2017 12:00:00 AM | Author : Karthikraj Lakshmanan | WC :750

‘It was different in our times’ is a phrase we often hear from the generation before us. Eating out was a “treat” and birthdays and anniversaries were looked forward to with great anticipation. New clothes and jewelry were bought once

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