State-owned CIL on Tuesday said its supplies to the non-regulated sector rose 31 per cent to 98 Million Tonnes (MT) in the April-December period of the current fiscal. Coal India Ltd (CIL) supplied 75 MT fuel in the corresponding period of the previous fiscal. “Even as CIL supplies to the country’s power sector exceeded the […]
EU looking at petroleum products made from Russian crude oil in India finding way to its marketEU looking at petroleum products made from Russian crude oil in India finding way to its market
The EU on Saturday voiced concerns over “rapid” rise in refined petroleum products made from Russian crude oil in India finding way to the European market, saying it defies the purpose of the sanctions against Moscow that are aimed at reducing its ability to finance the war with Ukraine.The European Union’s Executive Vice-President and Commissioner […]
Will Nifty top 19400 or slip in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensWill Nifty top 19400 or slip in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded 0.01% higher during Thursday’s early trading session at 19,480.5, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. The equity benchmarks closed flat on Wednesday, paring most intraday gains. Nifty 50 settled higher by 0.02% at 19,347.45 while Sensex gained 65,087.25, higher by 11 points. “Positive sentiment initially […]
Assam Floods: Brahmaputra flowing above warning level, thousands affected | IN PICSAssam Floods: Brahmaputra flowing above warning level, thousands affected | IN PICS
1/10 Baksa: Citizens wade through floodwater at Bagribari, in Baksa district, Thursday, June 15, 2023. (PTI Photo) 2/10 Guwahati: Commuters walk on a temporary bamboo bridge to board a ferry after an increase in water-level of the Brahmaputra river, in Guwahati, Thursday, June 15, 2023. (PTI Photo) 3/10 Sonitpur: National Disaster Response Force (NDRF) personnel […]
Shares set to open lower; domestic inflation data in focusShares set to open lower; domestic inflation data in focus
Indian shares on Monday are expected to start on a slightly weaker note in the holiday-truncated week as earnings season draws to a close, ahead of domestic retail inflation data due later in the day. India’s GIFT Nifty on the NSE International Exchange was down 0.28% at 19,432 at 7.58 a.m. IST. India’s retail inflation […]
Nifty 50 witnessing consolidation in narrow range, broader indices outperform; Bank Nifty sees mixed trendNifty 50 witnessing consolidation in narrow range, broader indices outperform; Bank Nifty sees mixed trend
By Ajit Mishra Markets have been witnessing consolidation in a narrow range for the last two weeks amid mixed cues. The prevailing uncertainty on the global front and underperformance of the banking index, which holds considerable weight in the index, are capping the upside however index majors from the other key sectors like auto, FMCG […]
Power-packed move: Discoms surely need more of the same medicine, but under stricter monitoringPower-packed move: Discoms surely need more of the same medicine, but under stricter monitoring
The government’s plan to extend the capital support scheme for electricity distribution utilities’ (discoms) network investments by five years from the current deadline of FY26 is sensible. The ongoing Rs 3-trillion revamped distribution sector scheme FY22-FY26 (RDSS) involves lending by PFC-REC under irrevocable state government guarantees, and the Centre’s gross budgetary support of `97,631 crore, […]
Markets maintain positive trend for six weeks, 4% away from record-high; global cues, earnings to drive marketsMarkets maintain positive trend for six weeks, 4% away from record-high; global cues, earnings to drive markets
By Ajit Mishra Markets have been maintaining a positive tone for the last one and a half months and now trading just 4% away from their record high. Apart from the recovery in the global indices, renewed buying in banking, financials, auto and FMCG majors combined with a noticeable recovery in the broader indices has […]
Share Market Highlights: Nifty settles above 19650, Sensex above 66000; Bank Nifty adds over 150 pointsShare Market Highlights: Nifty settles above 19650, Sensex above 66000; Bank Nifty adds over 150 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Monday’s trading session on a flat note. The NSE Nifty 50 ended at 19,674.55 up by 30 points, while the BSE Sensex added 14.54 points to 66,023.69. The broader indices settled mostly in green except for the Nifty Next 50 […]
RR Kabel sets IPO price band at Rs 983-1,035 per shareRR Kabel sets IPO price band at Rs 983-1,035 per share
TPG-backed wires and cables manufacturer RR Kabel Ltd on Friday said it has fixed a price band of Rs 983-1,035 per share for its Initial Public Offering (IPO). The IPO comprises fresh issue of equity shares of up to Rs 180 crore and an Offer For Sale (OFS) of more than 1.72 crore equity shares […]