Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading volatile in Wednesday’s session, taking cues from mixed Asian peers. BSE Sensex was hovering near 39,560, while the broader Nifty 50 index was testing 11,650. Top BSE Sensex gainers include ONGC, Maruti Suzuki, Reliance Industries Ltd, Hindustan Unilever, TCS, Nestle India, Titan Company, Bajaj-Auto, among others. TCS shares were trading in green ahead of July-September quarter earnings. Board will also consider share buyback proposal in the board meeting today. Out of 30 Sensex stocks, 17 scrips were trading in the negative territory. Bajaj Finance was the top laggard, down nearly 5%, followed by Bajaj Finsv, IndusInd Bank, Kotak Mahindra Bank, ICICI Bank, HDFC, Axis Bank and SBI. The trend among Nifty sectoral indices was largely negative. Nifty Financial Services index was down 0.84 per cent, Nifty Private Bank index fell 0.80 per cent while the Nifty Metal index dropped half a per cent. While Nifty FMCG index was up 0.75 per cent.
TCS board will consider an equity share buyback proposal today in a board meeting ahead of the quarterly results. “This is to inform you that the Board of Directors will consider a proposal for buyback of equity shares of the company, at its meeting to be held on October 7, 2020,” TCS said in a regulatory filing. The IT firm has initiated two equity share buybacks in the recent past, both of which were for an aggregate amount of Rs 16,000 crore.
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