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Surprisingly, markets are showing tremendous resilience despite the rising COVID cases but sustainability at higher levels seems difficult if this trend continues
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Besides, movement of rupee, investment pattern of foreign institutional investors and Brent crude would also be watched by investors
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During the holiday-truncated last week, the 30-share BSE benchmark dipped 759.29 points or 1.53 per cent
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Earlier, trading in CDEL shares was suspended by the bourses for not complying with listing norms pertaining to submission of quarterly financial results
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A continued surge in the second wave of COVID-19 cases in the country has posed a risk to the sustainability of the rebound of earnings momentum
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Sensex dropped 250 points from day's high of 49,089 to settle at 48,832 with marginal gains of 28 points, or 0.06%. Likewise, Nifty50 ended 36 points or 0.25% higher at 14,617 after making an intra-day high of 14,698.
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SBI Cards and Payment Services is a non-banking financial company that offers extensive credit card portfolio to individual cardholders and corporate clients
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Banking stocks were trading in red, with the S&P BSE BANKEX index decreasing 107.38 points or 0.29% at 36365.77 at 13:49 IST.
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Oil & Natural Gas Corporation is quoting at Rs 107.6, up 2.38% on the day as on 12:49 IST on the NSE.
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Tata Motors Ltd is quoting at Rs 312.75, up 3.05% on the day as on 12:49 IST on the NSE.