A healthy buying of select auto, technology and bank stocks helped benchmark indices settle in the green on Friday. The S&P BSE Sensex closed 127 points, or 0.31 percent higher at 40,686 levels, while the NSE Nifty closed at 11,930, 34 points higher, or 0.28 percent. The volatility index, India …
Read More »Global selling, fear of re-blocking: 5 reasons why Sensex fell 1066 pts.
Markets ended 2.5% lower on Thursday, breaking a 10-day rally, with the S&P BSE Sensex falling 1,066 points to end the day at 39,728 levels. On the other hand, the Nifty50 index lost 291 points to settle at 11,680 levels. Also, the weakness of global markets due to renewed restrictions …
Read More »Infosys, Reliance Industries, banks, Mindtree
Here is a list of the top ten stocks that may appear in the news on Thursday: Infosys: TI Major raised its revenue growth guidance to 2-3% for the year through March 31 from 0-2% previously in constant currency terms. Its profit for the quarter to September increased 20.5% to …
Read More »LIVE MARKET: Sensex dropped 250 pts before SC’s hearing on interest exemption
Indian markets were more than half a percent lower on Wednesday before the Supreme Court hearing on a series of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex fell 250 points to 40,360 levels and the Nifty50 index …
Read More »Wipro, Infosys, Vedanta, Future Retail, banks
Here is a list of the top ten stocks that may appear in the news on Wednesday: Wipro: The company expects its IT services revenue to grow up to 3.5% sequentially in the December quarter. The board of directors approved the repurchase of up to 4.16% of the company’s shares …
Read More »LIVE MARKET: IT, Cement Stocks Perform Better in Limited Range Market
Photo: Kamlesh Pednekar Indian markets slashed all their morning gains and fell into the red in the limited-range session on Tuesday before the Supreme Court hearing on a batch of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex …
Read More »Vedanta, banks, Adani Enterprises, Mazagon Dock, UTI AMC
Here is a list of the top ten stocks that may appear in the news on Monday: Banks and finance: In an affidavit filed in the Supreme Court, the Reserve Bank of India warned of risks to the banking sector if the suspension on bad debt classification is not lifted …
Read More »Vedanta’s opt-out offer fails; shares offered to be returned to investors
Vedanta Ltd’s delisting offer has failed, shows the company’s statement to the stock exchanges. “Vedanta Resources Limited and its indirect subsidiaries have informed us, namely Vedanta Holdings Mauritius Limited and Vedanta Holdings Mauritius II Limited (collectively,” Acquirers “) that the De-listing Offer is deemed to have failed in terms of …
Read More »India Markets Explained: What’s Driving Sensex?
Written by Sandeep Singh, edited by Explained Desk | New Delhi | Updated: October 9, 2020 12:35:05 pm A man walks past the EEB building as the Sensex crossed the 40,000 mark, in Mumbai, on Thursday, October 8, 2020 (PTI Photo: Mitesh Bhuvad). Benchmark Sensex on BSE crossed closed above …
Read More »RBI LIVE policy: buyback rate unchanged at 4%; GDP will turn positive in the fourth quarter
The benchmark indices fluctuated between gains and losses on Friday as the RBI’s monetary policy committee (MPC) left the buyback rate unchanged at 4 percent. Governor RBI said the MPC has decided to continue with the “complacent” stance. The RBI forecasts that fiscal year 21 GDP will contract 9.5 percent, …
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