LIVE market updates: Indian markets staged a smart recovery from morning lows to trade nearly 1% higher in midday deals on Friday. The S&P BSE Sensex was trading around 49,710 levels, up 500 points. The index touched an intraday low of 48,587 at the beginning of the session. Meanwhile, the …
Read More »Rising Bond Yields, Covid-19 Cases Ruin D-St Party; Sensex 487 pts.
Stock Market Updates: A widespread sell-off dragged the benchmark indices around one percent lower on Friday as gloomy global sentiment hit markets during the second half of the trading session. Yields on 10-year US Treasuries rose again on Friday, again above 1.6 percent, and were on track to rise for …
Read More »Weak Global Signals, High Brent Crude Capitalization Gains on D-St; Sensex ends 36 pts up
Stock market updatesAmid a jump in the price of Brent crude, which was above $ 70 a barrel, and weak global signals, a tug-of-war between bulls and bears kept markets choppy through the day on Monday. The volatility index, India VIX, cooled 3.5 percent and closed at 24.6 levels, even …
Read More »Reliance says it has no plans to enter contract farming
Reliance Industries Limited (RIL) said on Monday that it has no plans to enter contract or corporate farming and that it has not purchased any agricultural land in India for the purpose of contract farming, the company said in a regulatory document. Reliance said it “has nothing to do with …
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 »Reliance Petroleum Case | SEBI fines Reliance Industries, Mukesh Ambani and two other entities
Fines of ₹ 25 crore and ₹ 15 crore have been imposed on Reliance Industries Ltd (RIL) and Mukesh Ambani, respectively. Regulator SEBI on Friday imposed sanctions on Reliance Industries Ltd, its president and CEO Mukesh Ambani, as well as two other entities for alleged manipulative trading of the shares …
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 »RIL President Mukesh Ambani, off the list of the 10 richest billionaires in the world; see full list here
So far this year, Mukesh Ambani’s Reliance Industries has completed the sale of approximately 10 percent stake in its Reliance Retail Ventures Ltd retail unit. Reliance Industries Ltd (RIL) Chairman Mukesh Ambani is no longer among the 10 richest billionaires in the world. According to the Bloomberg Billionaires Index, Mukesh …
Read More »Actions focused today: Ms. Bectors, Antony Waste, RIL, Bharti Airtel, Vodafone Idea, HDFC, DHFL
According to one analyst, the market is likely to be very volatile until concerns about the new strain of covid subside and the Christmas holidays are over. Domestic equity market benchmarks are likely to open flat with a positive bias on Thursday, as trends in SGX Nifty suggest. Ingenious futures …
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