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Stock impact report

Sensex, Nifty fail to hold gains, banks and energy stocks drag as lockdown extends [Reuters]

Wipro Limited (WIT) 
Last wipro limited earnings: 4/16 04:00 pm Check Earnings Report
US:NYSE Investor Relations: wipro.com/investors
Company Research Source: Reuters
Nifty, Sensex jump on banking, consumer boost even as lockdown extends BENGALURU (Reuters) - The Indian stock market rose on Wednesday as heavyweight banking and consumer goods shares followed a rise in U.S. markets overnight, even as Asia’s third-biggest economy entered into an extended lockdown to contain the coronavirus. The NSE Nifty 50 index rose 2.66% to 9,233.35 by 0502 GMT, while the benchmark S&P BSE Sensex was up 2.68% at 31,513.43, as trading resumed after a holiday on Tuesday. “Domestic markets are now reacting to movement in the U.S. and Asian markets over the last two days. We are catching up with global markets, which were up on some optimism that the COVID-19 situation is coming under control,” said Deepak Jasani, head of research at HDFC Securities in Mumbai. Sentiment was also supported after the government said on Wednesday it will allow opening up of some industries in rural areas after April 20 to reduce the distress caused to millions of people because of the loc Show less Read more
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