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Tata Consultancy Services has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK’s Rail Data Marketplace. The contract between TCS and RDG is for a term of six years.
Sebi said obligations arising out of cash segment settlement and physical settlement of F&O segment, upon expiry of stock derivatives, should be settled on net basis as against the current approach of settling such obligations separately.
The Sensex is trading at around 22 times its one-year forward earnings, compared with the historical average of 18-19 times, perhaps anticipating an uptick in corporate earnings ahead due to the fall in commodity prices, analysts said.
Except PSU bank, all other Nifty sectoral indices ended in the green. auto, energy, FMCG, infra and metal indices were up 1-1.8 percent
Data for the last 22 years for December shows that the Nifty has delivered positive returns for investors on 16 occasions — 73 percent of the time — and has generated 2.9 percent average returns during the month over the past 22 years.
U.S. consumer confidence slipped to a four-month low in November, with households less keen to spend on big-ticket items over the next six months amid high inflation and rising borrowing costs, heightening the risks of a recession next year.
Uniparts India is a global manufacturer of engineered systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining and aftermarket sectors on account of its presence across over 25 countries.
On the sectoral front, Nifty FMCG, pharma and metal indices gained 0.5-1 percent, while selling was seen in auto and infra stocks
Nifty futures on the Singapore Exchange traded 75 points or 0.44 points lower at 7.15 am, signalling a negative start for Dalal Street.