Stock Market Closing: Sensex Crosses 63,000, Nifty Above 18,750

The Sensex and Nifty both reached psychologically significant values of 63,000 and 18,700, however, continuing their winning run to a seventh session. After trading sideways all day, waiting for global cues, the market gained pace in the closing hour. Stock Market Closing In intraday trade, the Sensex reached a new all-time high on 63,303.01, while … Read more

Tata Group is in discussions to acquire Wistron’s India factory.

Tata Group is in talks with Taipei’s Wistron Corp, one of Apple Inc’s top sellers in India, to purchase its manufacturing facility in Karnataka for up to 5,000 crore ($612.6 million). Wistron began manufacturing iPhones in India in 2017, following years of Apple efforts to expand manufacturing capabilities in the nation. The Taipei-based business now … Read more