The benchmark indices lost over 1% in a volatile trading session on Friday, snapping an eight-day winning streak, amid profit-booking and weak global cues. The indices ended marginally in the green for the week, posting fifth straight week of gains. The S&P BSE Sensex ended the day at 59,646 on Friday, down 652 points or …
NDTV share price jumped more than 3% today to Rs 380 apiece on BSE, after Gautam Adani-led Adani group made a move to acquire a controlling stake in the television news network on Tuesday. NDTV stock has risen 42.17% in the last one month, while it has skyrocketed 186.49 per cent in the last six …
The government is aiming at reducing import dependence on palm oil by 25 to 30% through the production of 2.8 million tonne (MT) of oil by 2030 under the National Edible Oil Mission. Currently, around 0.35 million hectare (MH) is under palm plantation. Under the mission launched last year, an additional area of 0.65 MH …
Heightened inflationary pressures impacted GM which was down to the lowest level in at least 40 quarters. This drove Ebitda margins also down to a multi-quarter low. 3-Y volume CAGR at around mid-single digit was respectable in the current context. Correction in some of the key input prices from the peak should help, and margins …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices witnessed a volatile trading session of the weekly futures & options expiry. S&P BSE Sensex closed 51.73 points or 0.09% lower at 58,298 while the NSE nifty 50 index slipped 6.15 points or 0.04% to settle at 17,382. Bank Nifty ended 0.62% …
U.S. stock index futures were indicating a positive start to Wall Street on Friday and world stocks headed for a fourth straight week of gains as investors scaled back views on how far U.S. interest rates and inflation can climb. Oil lost some shine on Friday but has still recouped some of last week’s losses …
Early trends on Singaporean Exchange suggest that Indian equity markets may open in green on Tuesday. Investors will return to stock markets today after a 3-day holiday. Entering the session, Nifty futures traded 58.50 points, or 0.33% higher at 17,843.40 on the Singapore Exchange, signaling that Dalal Street was headed for a gap-up start. Analysts …
By Ashley Coutinho The Securities and Exchange Board of India (Sebi) has come out with a broad framework for investment by portfolio management services (PMS) in securities of related party entities and associates. “The portfolio manager may make investments in the securities of its related parties or its associates only after obtaining the prior consent …
Mukesh Ambani’s Reliance Industries has scheduled its Annual General Meeting for August 29, and many expect announcements about share market listing of either Reliance Jio, Retail or O2C businesses along with the launch of 5G services. This year’s annual general meeting will be the 45th AGM of Reliance since its IPO (Initial Public Offering). Reliance …
OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia’s invasion of Ukraine, high inflation and efforts to contain the coronavirus pandemic. The view from the Organization of the Petroleum Exporting Countries contrasts with that of the International Energy Agency, …