Stocks wiped out gains on speculation the rally that followed softer inflation data went too far, with the Federal Reserve still set to keep its monetary policy tight. Bond yields climbed. The S&P 500 edged lower after an advance that topped 1% earlier in the day and put the gauge near the 50% Fibonacci retracement …
Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 ended more than half a per cent up on Tuesday, on the back of positive global cues. S&P BSE Sensex closed 379 points or 0.64% higher at 59,842. Nifty 50 ended 127 points or 0.72% …
Transnational conglomerate Hinduja Group, where the third generation of the family has taken charge of key businesses, will continue to stay united as there are no differences necessitating any division, chairman GP Hinduja (GP) toldFEin an interaction. Speaking at the family’s residence at Carlton House Terrace in London, GP said the family has a simple …
ONGC’s standalone EBITDAX shot up ~2x y-o-y/40% q-o-q to Rs 259 bn (slightly ahead of consensus) on the back of higher oil realisation (up 66% y-o-y/14% q-o-q), coupled with modest volumes (up 2% y-o-y/q-o-q). Oil realisation is likely to taper down amid falling crude prices on recession fears. Besides, imposition of windfall tax ($31/bbl) on …
By Amar Ranu Imagine you have a windfall gain of a few crores of rupees either from business or stake sale and you feel that you won’t be lucky next time and hence, you need to invest it judiciously though you are a risk taker. Calling risk taking capabilities and we don’t talk about equity, …
To facilitate rail travelers and manage the increased passenger demand on account of upcoming Chhath Puja festival, Indian Railways has scheduled a total of 4,480 trips involving 283 special trains. These special train services have been strategically designed to connect major destinations across the country. “Special Trains have been planned to connect major destinations across …
By Shashank Didmishe Bengaluru-based Fincare Small Finance Bank on Monday refiled the draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for its initial public offering. The new offer consists of a fresh issue of shares of up to Rs 625 crore and an offer-for-sale (OFS) of up to 1.7 crore …
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel on Tuesday, 9 August 2022, was left untouched by OMCs once again. Prices have held steady for 76 days now across the country, except in Maharashtra. Petrol …
Markets regulator Sebi on Wednesday imposed fines totalling Rs 8 lakh on eight individuals for violation of insider trading norms in the shares of Titan Company Ltd.The regulator slapped a fine of Rs 1 lakh each on Kuldeep Singh Yadav, Ganesh Kumar K, K Ramakrishna, P Tamilarasan, O Boopathi, Ketan Shantilal Savaliya, Rakesh Kishor Rathod …
Zerodha Fund House on Wednesday (October 25)announced the launch of itsmaiden funds – Zerodha Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, open-ended, passive, index equity mutual fund schemes. The NFO opened on 20th October 2023 and will remain open till 3rd November 2023. Zerodha Fund House is …