Karur Vysya Bank Rises As Rakesh Jhunjhunwala Raises Stake In March Quarter

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Gold Silver Reports (GSR) – Karur Vysya Bank Rises As Rakesh Jhunjhunwala Raises Stake In March Quarter – Shares of the Tamil Nadu-based private sector lender rose 1.8 percent to Rs 105.85. Well-known investor Rakesh Jhunjhunwala raised his stake in the bank to 3.36 percent versus 3.09 percent in the previous quarter, according to the March shareholding pattern submitted by the bank to stock exchanges.

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Manpasand Beverages Gains On Agreement With Parle

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Gold Silver Reports (GSR) – Manpasand Beverages Gains On Agreement With Parle – Shares of the Vadodara-based fruit juice maker rose as much as 2.88 percent to Rs 392.65 after it signed an agreement with Parle to jointly distribute brands in Western India beginning with Gujarat.

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Sensex, Nifty Trade Firmly Higher Led By ICICI Bank

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Gold Silver Reports (GSR) – Sensex, Nifty Trade Firmly Higher Led By ICICI Bank – ✅ Indian equity benchmarks traded firmly higher led by ICICI Bank which rose ahead of its March quarter earnings.

✅ The S&P BSE Sensex rose 0.3 percent or 103 points to 35,016 and the NSE Nifty 50 index gained 0.3 percent or 33 points to 10,651.

✅ Sixteen out of 19 sector gauges compiled by BSE were trading higher led by the S&P BSE Consumer Durable index’s 1.6 percent gain. On the flipside, the S&P BSE Healthcare index was the top sectoral loser, down 0.9 percent.      

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