Markets
Gold prices fall Rs 74 on stronger rupee
HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold prices for 24 Karat (99.9 per cent purity) in Delhi was trading down at Rs 38,775 per 10 gram on broad selling and a stronger ru
OPEC kingpin Saudi Arabia raps oil producers over flouting of output cuts
Riyadh has been shouldering the burden of existing production cuts, but other nations -- notably Nigeria and Iraq -- are accused of exceeding their quotas.
JM Financial’s asset reconstruction subsidiary raises Rs 183 cr debt from parent company
JM Financial has acquired 4,916,104 CCDs (convertible into 49,161,040 equity shares as per the terms of issue) for cash aggregating to Rs 183.37 crore of JM Financial Asset Reconstruction Company Ltd
Sensex rises over 150 points; Tata Steel, ICICI Bank, IndusInd Bank top gainers
Domestic equity benchmark BSE Sensex advanced 150 points in early session on Thursday, driven by by gains in banking, metal and energy stocks, ahead of key macroeconomic data releases.
Gold slips as thaw in Sino-US trade woes lift equities
Asian stocks rose on hopes for a thaw in U.S.-China trade frictions and expectations that the ECB will kick off another wave of monetary easing by global central banks.
Oil rises as US, China swap concessions in trade war, inventories fall
The rise came after China moved to exempt some U.S. anti-cancer drugs and other goods from tariffs, while President Donald Trump announced a delay to scheduled tariff hikes on billions of dollars' wor
S&P revises Indian Bank outlook as ‘negative’ post merger announcement
S&P Global Ratings revised its outlook on Indian Bank’s long-term issuer credit rating to negative from stable on Wednesday.
Global markets: Asian stocks rise on hopes for US-China trade, monetary stimulus
Australian shares were up 0.41%. U.S. stock futures jumped and safe-havens such as the yen and gold fell after U.S. President Donald Trump agreed to delay an additional increase in tariffs on Chinese
Sundaram MF raises Rs 358 crore through new fund offer
Sundaram Mutual Fund has raised Rs 358 crore through its recent new fund offer (NFO), Sundaram Equity Fund.
Motilal Oswal: Maintain ‘buy’ on Trent; target price at Rs 515
Standalone revenue increased 23% to Rs 25.3 bn in FY19, primarily led by Westside (+18%) and Zudio (newly started fast fashion value format; +42% to Rs 2 bn).
Jeffries: Maintain ‘buy’ on UPLL with revised PT of Rs 745
UPLL has dipped 17% from its Jul'19 highs, post a sharp uptick of 70%+ from Oct'18 lows. Q1FY20, first full quarter post Arysta, was erratic as it factored PPA* effect (inventory, depreciation).
Auto, realty indices gain on stimulus expectation
Auto and realty stocks staged a smart recovery on Wednesday on anticipation of a stimulus plan that the government could announce.
SBI approves sale of 3.5% stake in SBI Life
The country’s largest lender, State Bank of India (SBI), on Wednesday approved to divest at least 3.5% stake in SBI Life Insurance through the offer for sale (OFS) route.
Cotton industry prepares for MSP purchase in new season, feels market intervention may not be needed
Amid speculation that private players may stay away from cotton purchase, the Cotton Corporation of India (CCI) has begun preparing for the season ahead.
Uttar Pradesh raises paddy MSP by Rs 65 a quintal
The state cabinet approved the procurement rate of Rs 1,815 per quintal for the common variety and Rs 1,835 per quintal for grade A variety.
Shares of this biggest fast food chain face heat amid economic slowdown as Indians cut down on eating out
Eating out is one of the first expenditures that consumers reduce when the economy slows, but restaurants are also the first to benefit when sentiment turns around.
Double blow for stock market: Credit Suisse downgrades India two steps in model portfolio
In what could be a blow to the stock market, global firm Credit Suisse has downgraded India amid the ongoing economic slowdown.
Yes Bank share price surges after reports of Rana Kapoor selling stake to Paytm
Shares of private sector lender Yes Bank surged on Wednesday morning after reports that founder Rana Kapoor is in talks with Vijay Shekhar Sharma-led Paytm to sell stake.
Share Market highlights: Sensex ends 76 points up, Nifty above 11,000; Yes Bank, Tata Motors top gainers
Share Market highlights: The headline indices Sensex and Nifty extended gains on Wednesday afternoon, tracking mixed global cues.
Gold prices inch up amid cautious mood; investors eye European Central Bank meet
Spot gold was up 0.4% at $1,491.60 per ounce, as of 0120 GMT.
Oil prices rise after data shows big drop in US inventories
Prices had ended lower on Tuesday, squeezed by speculation of a return of sanctions-hit Iranian crude exports to the market following United States President Donald Trump's move to fire national secur
Global Markets: Bond yields, stock prices supported ahead of central bank meetings
On Wall Street, the S&P 500 ended little changed as a rally in energy and industrial shares countered a drop in the technology and real-estate sectors with investors favouring value over growth.
Cane pricing: ISMA calls for adoption of global practices
The Indian Sugar Mills Association (ISMA) has called for adoption of international laws and practices on cane pricing.
Punjab slashes VAT on natural gas to 3.3 per cent
However, the VAT on compressed natural gas, used mainly as auto fuel, will remain at 14.3 per cent, an official statement said here.
Small stocks take big hit, tank up to 15.42 per cent so far in FY20
An analysis of the performance of the three indices shows that the S&P BSE smallcap index has dropped 2,317.4 points or 15.42 per cent so far this fiscal and midcap index has tanked 1,985 points or 12
Gold ETFs register first inflow in 9 months in August at Rs 145-crore on higher gold prices
According to latest data available with Association of Mutual Funds in India (AMFI), a net sum of Rs 145.29 crore was pumped in gold-linked ETFs last month.
Zee starts repaying lenders ahead of deadline; HDFC, ICICI other MFs get up to 60% money back
Billionaire Subhash Chandra-promoted Zee Enterprises has reportedly started repaying its lenders ahead of the Sep 30 deadline as a part of its Rs 11,000 crore debt reduction programme.
Advertisement
Advertisement
Advertisement
TRENDING NOW
BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
