Business
MARKET WRAP: Sensex up 277 pts; TCS’ m-cap tops Rs 10 trn, stock jumps 7%
The equity benchmark indices ended nearly 1 per cent higher on Monday, mainly lifted by information technology (IT) stocks and private sector lenders such as HDFC Bank, and ICICI Bank.
Shares of information technology companies were on a roll after Tata Consultancy Services announced a share buyback plan amid expectation of strong earnings in the July – September quarter of the current fiscal. The stock hit a fresh record high of Rs 2,727 on the BSE during the day before settling at Rs 2,707, up over 7 per cent. That apart, TCS’ market capitalisation surged past the Rs 10 trillion mark for the first time ever.
Among headline indices, the S&P BSE Sensex settled 277 points, or 0.7 per cent higher at 38,974 levels and the Nifty50 index ended above 11,500-mark at 11,503, up 0.76 per cent. India VIX climbed over 7.6 per cent to 19.75 levels.
Meanwhile, financial stocks were in focus after the Supreme Court ordered that all affidavits in the interest waiver case be filed by October 12. The apex court will next hear the case on October 13.
In the broader market, the S&P BSE MidCap index ended 0.18 per cent lower at 14,786.58 levels while the S&P BSE SmallCap index settled 0.38 per cent higher at 15,028 points.
Global Markets
Stocks rose on Monday as signs that President Donald Trump’s health was improving eased some of the political uncertainty caused by his coronavirus infection, which sent investors rushing for safety last week. That helped US S&P 500 e-mini futures rise 0.62 per cent, while Nasdaq futures gained 0.89 per cent.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.08 per cent. Euro Stoxx 50 futures were up 0.82 per cent, German DAX futures rose 0.72 per cent, and FTSE futures gained by 0.91 per cent.
In commodities, oil prices rose, lifted by comments from doctors for US President Donald Trump suggesting he could be discharged from hospital as soon as Monday.
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Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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