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Sensex snaps 6-day gaining streak, Nifty ends F&O expiry at 17382, must cross 17500 to entice bulls

Domestic benchmark indices snapped their 6-day gaining streak on Thursday as headline indices ended flat with a negative bias after a volatile trading session. 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. Sun Pharma jumped 2.46% to …

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Petrol and diesel price August 23: Fuel cost unchanged; Check prices in Delhi, Mumbai, other cities here

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for more than three months by OMCs on August 23. The last country-wide change in price came on May 21, when Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by …

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Petrol and diesel price August 18: Fuel cost unchanged; Check prices in Delhi, Mumbai, other cities here

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for the 89th day by OMCs on August 18. The most recent price reduction had come in Maharashtra when the state government announced a cut in value-added tax (VAT) on petrol by Rs 5 …

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Syrma SGS Tech Rs 840 crore IPO opens 12 August: Grey market premium up; should you subscribe?

Syrma SGS Technology’s Rs 840-crore IPO will open for subscription on 12 August, Friday. This electronic manufacturing services firm’s IPO ends two-and-a-half months of the gap in the initial public offering (IPO) market. The company has fixed a price band at Rs 209-220 per share. The public issue will close for subscription on 18 August. …

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Big Bull Rakesh Jhunjhunwala passes away at 62

By Ashley Coutinho Ace investor Rakesh Jhunjhunwala, often referred to as India’s Warren Buffett, passed away on Sunday. Jhunjhunwala, who was suffering from multiple ailments, suffered a cardiac arrest and was declared dead on arrival at the Breach Candy Hospital in Mumbai at around 6.45 am on Sunday. He was 62 and is survived by …

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Investment strategy during coronavirus: Here’s how select stocks, sectors may earn maximum gains

With almost two months of coronavirus lockdown restrictions, Indian share market has been impacted adversely due to economic fallout. The headline indices BSE Sensex and Nifty 50 have been witnessing a bumpy ride since the COVID-19 spread its wings. The 30-share Sensex hit a record high of 42, 274 during the start of the year …

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Sebi initiates forensic audit of 2 Future firms

The Securities and Exchange Board of India (Sebi) has initiated a forensic audit into the financial statements of beleaguered Future Retail (FRL) and Future Supply Chain Solutions (FSC) over concerns of improper disclosure of financial information. The markets regulator has also appointed Chokshi & Chokshi LLP, a chartered accountant firm, as the forensic auditor, two …

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OPEC sees demand for oil products in India rising 7.7%

Supported by a healthy economic growth, India’s demand for oil products, including petrol and diesel, is expected to go up by 7.7% to 4.77 million barrels per day (mb/d) in 2022, the Organization of the Petroleum Exporting Countries (OPEC) has forecast. During the year, oil demand is likely to increase by 1.23% in China, 3.39% …

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Samsung Galaxy SmartTag 2 launched in India: Know how much Apple AirTag rival costs

Samsung has finally launched its latest Apple AirTag rival and successor to its SmartTag, SmartTag 2, in India. The company says that the Galaxy SmartTag 2 is better than the old one because it has a faster brain, making it more useful for keeping an eye on your stuff. It’s small, compact and capable of …

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Sun Pharma, Zomato, ITC, Yes Bank, Reliance, Bharti Airtel, Adani Green, Eicher Motors stocks in focus

Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were likely to start in red on Tuesday, as suggested by trends on SGX Nifty in early trade. SGX Nifty 50 Index Futures for August were trading in the red, down 0.44 per cent or 76.50 points down at 17,316.50 on Singaporean Exchange. In the …

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