Infosys becomes 5th Indian firm to hit ₹5 trillion in market capitalization

INfosys

On Thursday, Infosys crossed the mark of ₹5 trillion in market capitalization. With the stocks jumping up to 61% this year, Infosys became the 5th Indian firm and only the second IT firm to achieve this milestone. Today on the Bombay Stock Exchange (BSE), the stocks of Infosys reached a record high at ₹1,185 per share. The share price rose 4.3% from its previous jump, resulting in breaching of the golden ₹5 trillion marks of its market cap. The company’s overall growth in the September quarter is deemed as better-than-expected.…

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Sensex closes 429 points higher as widespread buying dominates markets

Sensex

The equity benchmark BSE Sensex in India soared high skies at 429 points on Thursday on account of widespread buying. This was because of a move in the global markets which occurred due to the Covid-19 vaccine trials.  After having soared around 600 points during the market session, the index settled 439.25 points or 1.21 percent, higher at 35,843.70. The NSE Nifty went up to 121.65 points or 1.17 percent to eventually close at 10,551.70.  When it comes to the big winners, M&M seemed to be at the top of…

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