Sensex and Nifty at New Highs, Continue Bull Run

Sensex News: Automobile and banking stocks are helping the markets. A host of companies, including Infosys, Wipro, Mindtree, Advik Laboratories, and Aditya Birla Money are announcing their quarterly results today.

Sensex and Nifty at New Highs

Sensex News: Auto and IT stocks will be watched with Tata Motors set to get funding from TPG Capital and Infosys and Wipro set to announce quarterly results. Aviation stocks may gain on the back of the government’s announcement of lifting capacity checks from 18 October.

Bollywood actor Salman Khan, on Wednesday, announced that he will soon launch non-fungible tokens or NFTs in partnership with BollyCoin. Earlier, actor Amitabh Bachchan had joined the metaverse.

Aluminium prices rose 0.14% to ₹245.25 per kg in futures trade on Wednesday as speculators built up fresh positions amid a positive trend in spot market. On the Multi Commodity Exchange, aluminium contracts for October delivery gained 35 paise, or 0.14%, to ₹245.25 per kg in a business turnover of 2,180 lots. Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in futures market.

Sensex and Nifty at New Highs

Jaguar Land Rover is testing the use of secure blockchain technology to ensure full transparency within a leather supply chain. Jaguar Land Rover partnered with supply chain traceability provider Circulor, a UK leather manufacturer Bridge of Weir Leather Company and the University of Nottingham to trial the use of traceability technology in the leather supply chain.

Apart from tracking compliance, the digital process enabled Jaguar Land Rover to assess the carbon footprint of its leather supply network. It uses the tech to trace its lowest carbon leather from farm to finished article.

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Sensex and Nifty at New Highs, Continue Bull Run via @marketinvestor
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