Jefferies sees a 15% upside potential in Marico stock and has assigned a ‘Buy’ rating to the scrip, stating that the company’s outlook for the second half looks positive. “Commentary remains optimistic, with management. expecting an improving trend in 2H, led by volume pickup and continued momentum in international business. It has also reiterated its […]
India vs Australia Test Match: ‘Virat’ score after three years of century drought! King Kohli returns | See PhotosIndia vs Australia Test Match: ‘Virat’ score after three years of century drought! King Kohli returns | See Photos
1/7 A long wait of 1205 days to reach a three-figure runs ended as batting maestro Virat Kohli got the monkey off his back by scoring swashbuckling 28th Test century in the fourth Test of Border-Gavaskar Trophy against Australia. (Photo:PTI) 2/7 This is Kohli’s 50th Test on the soil of his country, which was celebrated with a scintillating century. (Photo:PTI) […]
Gold Price Today, 17 August: MCX gold falls 0.36%; support at Rs 58370-58210, resistance at Rs 59010-59210Gold Price Today, 17 August: MCX gold falls 0.36%; support at Rs 58370-58210, resistance at Rs 59010-59210
Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX Gold prices tumbled on Thursday, while silver rates fell 0.26%. On the Multi Commodity Exchange, gold October futures were trading at Rs 58,468 per 10 grams, down by Rs 213 or 0.36%. Silver September futures were trading down by Rs 180 at Rs 69,542 per […]
India’s forex reserves jump above $600 billion; Spot USDINR to hover between Rs 82.30 and Rs 81.70India’s forex reserves jump above $600 billion; Spot USDINR to hover between Rs 82.30 and Rs 81.70
By Dilip Parmar The Indian rupee appreciated for the second week in a row following dollar inflows. Local units remained the second best-performing currency among Asian baskets. In the week preceding, foreign institutions bought $1.2bn equities and $184mn debts while the rupee gained a quarter percent to 81.96 a dollar. Outlook: This week will be […]
Rating: neutral; Glenmark: Licensing deal may boost the stockRating: neutral; Glenmark: Licensing deal may boost the stock
LAST WEEK, Glenmark announced that its subsidiary, Ichnos Sciences, had entered a licensing agreement for the OX-40 antagonist, Telazorlimab (ISB 830), with Astria Therapeutics. Astria will take over the product’s development and hold global rights, aiming to create a next-generation Telazorlimab with 10x higher potency. In return, Ichnos expects to receive $320 million in upfront […]
Stocks to watch: SBI, NBCC, InterGlobe Aviation, Reliance ,Vedanta, IRCTC, HDFC BankStocks to watch: SBI, NBCC, InterGlobe Aviation, Reliance ,Vedanta, IRCTC, HDFC Bank
Stocks in Focus: GIFT Nifty traded up 235 points or 1.12% at 21,,260, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 jumped 19.95 points or 0.10% to settle at 20,926.35, while the BSE Sensex gained 33.57 points or 0.05% to 69,584.60. […]
Share Market Today: Nifty fails to hold above 19400, Sensex ends flat; broader markets outperformShare Market Today: Nifty fails to hold above 19400, Sensex ends flat; broader markets outperform
Market Closing Bell: Domestic indices NSE Nifty 50 and BSE Sensex gave up their gains on Tuesday to end flat, continuing the range-bound trend. Nifty concluded just below 19,400, unable to breach the strong resistance level, landing at 19,396.45 with a marginal 0.01% gain. Sensex wrapped up with a slight increase of 4 points, standing […]
Gas price for Reliance cut by 18% to $10; rate for gas that feed CNG, PNG supplies unchanged at $6.5Gas price for Reliance cut by 18% to $10; rate for gas that feed CNG, PNG supplies unchanged at $6.5
The price of natural gas produced from difficult areas like deepsea KG-D6 block of Reliance Industries on Sunday was cut by a steep 18 per cent, in line with softening of benchmark international gas prices, an official notification said. However, the price of gas that is largely used for making CNG for fueling automobiles or […]
Government to extend stock holding limits of tur, uradGovernment to extend stock holding limits of tur, urad
As prices continue to be at elevated levels, the government has decided to extend the stock holding limits imposed on tur and urad varieties of pulses beyond October 31. Sources told FE that with prospects of decline in production and sluggish imports, the stock holding limits for pulses varieties imposed in June would be extended […]
Yen falls to the lowest level in seven months; Rupee remains resilientYen falls to the lowest level in seven months; Rupee remains resilient
By Gaurang Somaiya Rupee volatility continued to remain low following no major cues on the domestic front. Market participants have been keeping an eye on the global events that are triggering volatility for most of the currencies. Economic numbers from the US have been mixed but overall have beaten estimates that are leading to support […]