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Indian benchmark indices ended higher on November 19, even as several frontline stocks from the Nifty 50 index registered notable declines. The Sensex closed at...
The Indian benchmark indices elevated at opening after a vanquishing or flat trading session on Tuesday.
The US markets were on the upward run at closing on Wednesday with Nasdaq and Dow at highest figures since February.
The indices on Wednesday closed red after a flat trading session throughout the day.
The Nifty PSU Bank index surged 4% on Wednesday. The main cause of the sudden surge is the government consideration of extending the 'ratna' title to state owned lenders like State Bank of India (SBI) and Bank of Baroda.
JMC Projects announced that it has won Rs 1,169 crore infrastructure project in South India. This caused a 8% surge in the share price in morning trade on August 12.
Bombay Stock Exchange (BSE) said it has joined hands with two bullion trade associations for deepening the commodity derivatives market in the country. BSE has signed a Memorandum of Understanding (MoU) with Akola Sarafa Association and Akola Sarafa Va Suvarnakar Yuva Sangh.
The benchmark indices continued to close higher for the second day of the week as Banks, FMCG and Metals shine in the trading session on Tuesday
The Titan company faced a drop in stock price to 4% incurring a net loss of Rs. 270 crore.
The benchmark indices continue to open positive for the second day of week in line with positive global cues.
The US markets closed mixed as S&P and Dow added gains but Nasdaq slipped, SGX Nifty opened positive.
Titan Company posted a net loss of Rs 270 crore for the financial year ended 30 June 2020
Equity mutual funds in India faced their monthly net outflows in July, first time in more than two years as investors continue to cash out and redeem their units. Equity and equity-linked schemes witnessed an outflow of Rs 2,480 crore in July compared with an inflow of Rs 241 crore in the previous month (June), according to data released by the Association of Mutual Funds in India (AMFI).
The Indian indices closed higher after rallying at good figures with Nifty crossing 11330 and Sensex crossing above 38400 on Monday.
Cipla surpassed it's estimates, price jumping over 6 per cent at open on August 10. The company reported its June quarter earnings post market hour on August 7.
The (SEBI) Securities and Exchange Board of India is examining whether the price offered to minority shareholders as well as the valuation is fair, and whether it needs to be revised, says one of the two people who filed the complaint. An official said, “SEBI is examining whether there is a need to appoint an independent valuer."