Saturday 17 October 2015

Stock Market News Today

Nestle India's shares soar 7% after clearing tests but performance may remain under pressure for a few qtrs. The stock has now recovered over 18% from the lowest level of Rs 5,539.8 that the stock had hit during the peak of the controversy involving Maggi noodles.

Reliance Industries has beat street expectations on Friday with its September quarter standalone net profit rising 3.8 percent sequentially to Rs 6,561 crore, driven by strong operational performance in refining business.

US stocks ended higher on Friday, notching a third week of gains, lifted by a jump in General Electric shares and upbeat consumer sentiment data. The S&P 500's three weeks of gains marked its longest winning streak since May and extended a rebound from the market's August selloff.

No comments:

Post a Comment