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Sensex gains 100 pts, retreats; Nifty tops 15,700; sugar stocks rally

Sensex gains 147 pts; Nifty nears 15,750; sugar stocks rally SECTIONS Last Updated: Jun 07, 2021, 01:20 PM IST Share Synopsis The gains, however, were limited as indices were hovering around their respective resistance levels, as suggested by the technical charts. Agencies The 30-pack Sensex rose 100 points but was later trading 57 points or 0.11 per cent, higher at 52,157.06. The NSE Nifty was ruling at 15,707.45, up 37.20 points or 0.24 per cent. Related NEW DELHI: Benchmark equity indices were in the green aided by positive cues from the US markets on Friday and Asian equities earlier in the day. The gains, however, were limited as indices were hovering around their respective resistance levels, as suggested by the technical charts.

Tata Steel Share Price: Stocks in the news: Tata Steel, PNB, Quess Corp, BoB, MRF and DHFL

NIIT: The skills and talent development company said its net profit stood at Rs 46.5 crore in the March 2021 quarter. The company has also strengthened its board with the addition of four new members, including the appointment of Udai Singh Pawar and Leher Vijay Thadani. Jubilant Pharmova: The drug firm reported a consolidated net profit of Rs 214 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 260 crore in the January-March quarter of 2019-20. VA Tech WABAG: Water treatment player has clocked standalone profit for the quarter ending March 31, 2021 at Rs 32.82 crore. The Chennai-based company had clocked standalone net at Rs 1.38 crore during corresponding quarter previous year.

Pradhan Mantri Garib Kalyan Package: Claims For Insurance Scheme For Health Workers To Be Settled In 48 Hours

Pradhan Mantri Garib Kalyan Package was extended by one year, from April 24, 2021. With an aim to streamline the Pradhan Mantri Garib Kalyan Package (PMGKP) insurance scheme, to provide relief to health workers battling against COVID-19, the government announced that the claims will now be certified by the district collectors of the respective state governments and insurance companies will approve, settle the claims within a period of 48 hours. According to a statement released by the Ministry of Health on Tuesday, June 1, the move comes after some states raised concerns that the processing of the insurance claims was getting delayed.  Promoted The government has extended the Pradhan Mantri Garib Kalyan Package insurance scheme by one year, with effect from April 24, 2021. The insurance scheme for health workers was initially launched on March 30, 2020, for a period of 90 days with an aim to provide a comprehensive personal accident cover of Rs. 50 lakh to all COVID-19 frontl

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