LIVE market updates: Indian markets climbed to their new all-time highs despite trading poorly in early trading on Monday on a mixed set of global signals. The S&P BSE Sensex gained 150 points, or 0.3 percent, at 45,216 levels and the Nifty50 index surpassed the 13,300 mark. ONGC (up 3%) …
Read More »Sensex tanks 997 pts from the day high, 44K infractions; Nifty ends at 12,859
The volatility index, India VIX, jumped 10 percent to 23.1. After climbing new all-time highs in morning trading, the domestic stock market fell about 1.5 percent on Wednesday as investors posted gains across the board. The volatility index, India VIX, jumped 10 percent to 23.1. Among the major indices, the …
Read More »LIVE MARKET: Indices lower earnings, Sensex exceeds 44k; HDFC, SBI top drags
BSE-1 (Photo credit: Kamlesh Pednekar) Indian markets trimmed all gains and were unchanged in early trading Monday, largely dragged down by finance. Among the major indices, the S&P BSE Sensex hovered around 43,880 levels. The index had risen to 44,271, earlier in the day. The Nifty50 index also lost 12,950. …
Read More »Modi Says India Prepares To Double Oil Refining Capacity In 5 Years, Earlier Than Expected
India plans to nearly double its oil refining capacity in the next five years, Prime Minister Narendra Modi said on Saturday, offering a much more aggressive schedule than before despite the coronavirus pandemic that ruins the economy. The country’s energy minister was quoted in June as saying that India’s oil …
Read More »Working to Double India’s Oil Refining Capacity in the Next Five Years – PM Modi
New Delhi: Prime Minister Narendra Modi spoke on his government’s energy plans on Saturday at the 8th convocation of Pandit Deendayal Petroleum University, Gandhinagar, Gujarat. He laid the first stone of the ’45 MW Monocrystalline Solar Photovoltaic Panel Production Plant’ and the ‘Center of Excellence in Water Technology’. He also …
Read More »LIVE MARKET: Sensex Sinks From Highs As IT and Consumer Goods Stocks Fall; metals extend support
National equity indices hit new all-time highs on Tuesday as positive news from Moderna Inc, that its Covid-19 vaccine has a 94.5 percent success rate, boosted investor sentiment. The indices broke their previous highs hit on November 14 during the one-hour Muhurat Trading special. Among top-tier indices, the S&P BSE …
Read More »Baghjan well destroyed successfully, fire completely put out: Oil India Limited
Energy company Oil India Limited (OIL) announced on Sunday that the blowout at the Baghjan gas well in Assam has been successfully removed after months of fighting. The natural gas liquids company said in a statement that the fire was completely extinguished and the well was destroyed with a salt …
Read More »Indices end at an all-time high for the second day, Sensex earns 680 pts, exceeds 43K
Extending their winning streak to the seventh consecutive session, the benchmark indices gained more than 1 percent to hit record levels for the second consecutive session on Tuesday. Investor confidence got a big boost after Pfizer said its experimental Covid-19 vaccine was more than 90 percent effective based on the …
Read More »Finance raises rates; Sensex ends 504 pts prior to the US survey result.
The Indian stock market closed Tuesday up 1 percent, supported by favorable global signals, ahead of the outcome of the US presidential election. Analysts say that while predicting the outcome of the election is more difficult than never a victory for Democratic candidate Joe Biden will be good for emerging …
Read More »F&O expiration: L&T, HDFC twins drag Sensex 173 pts; Nifty is set at 11,671
Indian markets were unable to sustain their slight recovery in midday trading and fell half a percent, before the October series derivatives contracts expired. The S&P BSE Sensex was trading around 39,700 levels, down 220 points. The index hit an intraday low of 39,524. Meanwhile, the broader Nifty50 index hovered …
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