Bank Nifty projected to hit 50,000-mark
Mumbai, Dec 15 - The Bank Nifty bulls are maintaining their robust momentum, pushing the index beyond the 48,000-level, Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, said on Friday.
India will buy oil from Venezuela, says minister
New Delhi, Dec 15 - India will purchase oil from Venezuela as the sanctions against the Latin American country have been lifted, Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Friday.
Sensex crosses 71k led by IT stocks
New Delhi, Dec 15 - BSE Sensex crossed the 71,000 points mark on Friday led by heavyweight IT stocks.
Adani stocks outperform Nifty over past seven days
New Delhi, Dec 6 (IANS) Over the past seven days, the Adani Group of Stocks has outperformed the Nifty 50. The group companies have experienced gains of between 16 per cent and 63 per cent said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio.
Hero MotoCorp, Ather Energy join hands for 1st-ever interoperable fast-charging network
New Delhi, Dec 6 - Hero MotoCorp and electric vehicle manufacturer Ather Energy on Wednesday entered into a partnership for an interoperable fast-charging network in the country, touted as the first-ever interoperable fast-charging network for EV two-wheelers anywhere in the world.
PhonePe’s Share.Market introduces Discover section with advanced Intelligence layer
New Delhi, Dec 6 - Share.Market, a PhonePe product, on Wednesday launched the 'Discover' section on the platform, which will facilitate an enhanced investment experience through its cutting-edge Intelligence layer.
Govt makes phased blending of compressed bio-gas with CNG, PNG mandatory
New Delhi, Nov 25 - The National Biofuels Coordination Committee chaired by the Union Petroleum Minister has announced the introduction of phase-wise mandatory blending of Compressed Bio-Gas (CBG) in CNG (transport) and PNG (domestic cooking) segments of the city gas distribution sector.
Nifty stuck in a narrow range amid tug of war between bulls and bears
Mumbai, Nov 24 - Nifty closed in a narrow 29-point closing range over the last four days (19,783-19,812), which shows a tug of war between the bulls and bears, Deepak Jasani, Head Retail Research at HDFC Securities, said on Friday.
FY24 to be blockbuster year for oil marketing companies with strong dividends
New Delhi, Nov 24 - FY24 is turning out to be the best year in terms of earnings for oil marketing companies despite the upcoming general elections.
New India Assurance stock zooms 17%
New Delhi, Nov 24 - PSU insurance companies stocks are zooming on Friday with New India Assurance up a massive 17 per cent.
CIL to buy more India-made machinery, phase out imports in 6 years
New Delhi, IANS (Nov 23) Coal India Ltd (CIL) has devised a strategic plan to phase out imports of costly heavy mining machinery and replace it with domestically manufactured equipment over the next six years, the Coal Ministry said on Thursday.
Nifty remains range bound as markets look for new triggers
Mumbai, Nov 23 - Nifty closed on a flat note with negative bias, while most sectoral indices closed in the green on Thursday.
Mamaearth doubles PAT to Rs 30 cr in Q2 FY24, revenue up 21%
New Delhi, Nov 22 - Honasa Consumer Ltd, the parent company of direct-to-consumer (D2C) skincare brand Mamaearth, has posted Rs 29.4 crore in profit after tax (PAT) in the second quarter of FY24, an increase of 94 per cent from Rs 15.2 crore
Adani Green aims to bring operational solar capacity under water-free robotic cleaning system
New Delhi, Nov 22 - In efforts to make green energy generation sustainable, Adani Green Energy Limited (AGEL) is focusing on lowering the water footprint of its solar portfolio by introducing advanced technologies.
India’s CAG elected Vice-Chair of UN Panel of Auditors
New Delhi, Nov 22 - The Comptroller and Auditor General of India, Girish Chandra Murmu, has been elected as the Vice-Chair of the UN Panel of Auditors for the forthcoming year.
36% consumers in India expecting to increase their spending, much higher than global average of 17%
New Delhi, Nov 21 - India is one of the most optimistic markets, compared to other global economies, with 5 out of 10 exhibiting positive sentiment with regards to both macro-economic factors such as geo-political concerns, recession or inflation as well as micro
Investors will migrate to equity, index schemes as they become risk averse: Bank of Baroda
Chennai, Nov 21 - With people becoming risk averse and aware of alternatives and willing to take risks, the migration to equity and index schemes is the pattern that would emerge, said Bank of Baroda in a report.
CRISIL upgrades IIFL Finance’s outlook to ‘Positive’ from ‘Stable’
New Delhi, Nov 21 - Fairfax-backed IIFL Finance Limited, which is one of India’s largest non-banking financial companies, said on Tuesday that leading rating agency CRISIL has upward revised its outlook to ‘Positive’ from ‘Stable’.
Metal, realty stocks outperform as Nifty closes on positive note
Mumbai, Nov 21 - Nifty closed on a positive note, while most sectoral indices closed in the green on Tuesday.
Rupee fails to recover despite fall in US dollar
Mumbai, Nov 21 - The rupee failed to recover in morning trade on Tuesday despite a weak dollar and was hovering at the previous day’s record low of 83.34 against the US greenback at 11.28 a.m.