Stock Market Updates: The bulls were back in action on D-Street after a five-day hiatus, as a drop of more than 4 percent in the past five sessions addressed investor concern on the valuation front. That said, rising Brent crude (now over $ 66 a barrel), bond yields, and earnings …
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Stock market updates LIVEIndia’s benchmark indices fluctuated between gains and losses in midday trading on Monday’s volatile session, and gains in finance were offset by losses in index heavyweight Reliance industries. The S&P BSE Sensex was hovering around 48,770 levels, having previously risen to 49,010 levels in intraday trading. The …
Read More »Sensex hits 50,000 for the first time, ingenious above 14,700 led by Reliance
EEB also gave its report of “no adverse observation”, after the approval of the Sebi agreement. The S&P BSE Sensex passed the 50,000 mark for the first time on Thursday, led by gains at Reliance Industries after market regulator SEBI approved Reliance Industries’ 24,713 crore deal to buy Future Group’s …
Read More »Singapore arbitration court establishes panel for final verdict in Amazon-Future case
Two people directly familiar with Tuesday’s development at SIAC confirmed this. SIAC, on October 25, had approved a provisional order in favor of Amazon, preventing Future Group from continuing with the agreement. Amazon has also asked the Indian market regulator to prevent Future Group from merging six of its companies, …
Read More »Reliance Moves Higher Court Against Jio Tower Vandalism By Protesting Farmers
More than 1,500 Jio telecommunication towers in Punjab alone went out of service in December. New Delhi: Reliance Industries approached the Punjab and Haryana High Court today to ask the government to protect its assets and services in the two states against “criminals” who had damaged several of its telecommunications …
Read More »Actions in focus: Reliance Industries, Antony Waste Handling, BEML, Adani Green, RCF
On the economic front, market participants will be watching Markit’s Manufacturing PMI and Services PMI data on January 4 and 6, respectively. The national equity benchmarks BSE Sensex and Nifty 50 are likely to open in positive territory on Monday, as suggested by the SGX Nifty trends in early trading. …
Read More »Reliance Petroleum case: Sebi imposes fines on RIL, Mukesh Ambani
India’s Securities and Exchange Board (Sebi) imposed sanctions on Reliance Industries (RIL), its president and managing director Mukesh Ambani, and two other entities on Friday for alleged manipulative trading of the shares of the former Reliance Petroleum (RPL) in November. 2007. Fines of Rs 25 million and Rs 15 million …
Read More »RPL case: Sebi fines Reliance Industries, Mukesh Ambani and two other entities
On March 24, 2017, Sebi ordered RIL and some other entities to return more than Rs 447 million in the RPL case. In November 2020, the Securities Appeal Court (SAT) dismissed the company’s appeal against the order. Regulator Sebi on Friday imposed sanctions on Reliance Industries Ltd, its president and …
Read More »LIVE MARKET: Indices fall in volatile session; HDFC twins drag
Live Market updates: Indian markets extended losses in midday trading from Wednesday’s volatile session ahead of the December series derivatives contracts expiring tomorrow. The S&P BSE Sensex hovered around 47,530 levels, 80 points less. The index reached a high and low of 47,808 and 47,358, respectively. The broader Nifty50 index …
Read More »LIVE MARKET: Indices Hold Near Record; Sensex earns 300 points
LIVE updates: Indian markets parked near their new record, scaled in early deals Monday amid positive global signals after US President Donald Trump signed a $ 2.3 trillion aid and spending bill pandemic. Additionally, the UK’s historic trade deal with the European Union also helped investor confidence. Among the major …
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