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heavyweight stocks rebound lifting indices after significant declines in november

Heavyweight stocks, including Reliance Industries and HDFC Bank, rebounded on Friday, lifting benchmark indices Sensex and Nifty after a challenging period. The BSE Sensex rose by 721.31 points to close at 79,765.05, while the NSE Nifty gained 208.50 points, settling at 24,122.70. HDFC Bank's shares climbed 0.63 percent, nearing its 52-week high.

healthcare it outsourcing market analysis reveals growth opportunities and trends

The Healthcare IT Outsourcing Market is poised for significant growth, driven by increasing demand across various industries. A comprehensive report highlights key players, market trends, and future opportunities, while analyzing consumption patterns, pricing strategies, and competitive dynamics. The study also addresses challenges such as supply chain disruptions and evolving consumer preferences, providing insights for strategic business development.

market valuation of top domestic firms rises by 1.55 lakh crore

The market capitalization of eight of the top ten domestic firms surged by Rs 1.55 lakh crore, with HDFC Bank leading the gains, adding Rs 40,392.91 crore to reach Rs 13,34,418.14 crore. Tata Consultancy Services (TCS) also saw a significant increase, rising by Rs 36,036.15 crore to a valuation of Rs 15,36,149.51 crore. In contrast, Reliance Industries and Life Insurance Corporation of India (LIC) lagged behind in this upward trend.

Q2 2024 earnings season gains momentum with major companies reporting results

Major companies including Coal India, JSW Steel, DLF, and Interglobe Aviation are set to release their Q2 earnings reports today, joining a wave of firms that have already reported results. Notable performances include Reliance Industries with a profit decline of 4.8%, while HCL Technologies and TCS reported profit increases of 10.5% and 5.0%, respectively. ICRA's profit rose by 15.6% to Rs 36.72 crore, and Oracle Financial Services Software saw a significant profit increase of 38.4% to Rs 577.70 crore.
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