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IT Sector Weightage In Nifty 50 At 5-Year High
Edited by Peter Noronha | Monday July 20, 2020The weightage of IT companies in the benchmark Nifty 50 index has touched five-year highs of 15 per cent due to the recent run-up in information technology (IT) stocks such as Tata Consultancy Services (TCS), Infosys and Wipro. -
Mahindra & Mahindra Financial Services Surge 12% On June Quarter Profit, Rights Issue
Edited by Abhik Deb | Monday July 20, 2020The company aims to raise Rs 3,500 crore through a rights issue of its equity shares of the face value of Rs 2 each -
Gold Price Today: Gold Futures Stuck In Rs 150 Range, Near Rs 49,000/10 Grams Mark
Edited by Sandeep Singh (with inputs from agencies) | Monday July 20, 2020Gold Price Today: Gold jewellery prices vary in different parts of India due to factors such as excise duty, state taxes and making charges. -
Gold Price Eases As Dollar Firms, But COVID-19 Fears Limit Losses
Reuters | Monday July 20, 2020The dollar index rose 0.2 per cent against its rivals, making gold more expensive for holders of other currencies. -
SBI Cards Shares Fall Ahead Of June Quarter Earnings
Edited by Abhishek Vasudev | Monday July 20, 2020SBI Cards on Thursday announced appointment of Ashwini Kumar Tewari as Managing Director & CEO of the company. -
Rupee Gains By 11 Paise To 74.91 Against Dollar Tracking Asian Currencies
Edited by Sandeep Singh (with inputs from agencies) | Monday July 20, 2020The rupee appreciated as most Asian currencies moved higher against the US dollar on Monday. -
HDFC Bank Rises Nearly 4% On Jump In June Quarter Profit
Edited by Peter Noronha | Monday July 20, 2020The bank reported a 19.58 per cent increase in net profit at Rs 6,658.62 crore for the quarter ended June 30, compared to the corresponding period a year ago. -
Sensex Maintains 250-Points Gains As Financial Stocks Witness Buying
Edited by Peter Noronha | Monday July 20, 2020Analysts awaited more large cap companies to report their financial results for the quarter ended June 30. -
Sensex Rises Over 350 Points, Nifty Near 11,000; Financial Stocks Jump Led By HDFC Bank
Edited by Sandeep Singh (with inputs from agencies) | Monday July 20, 2020Analysts awaited more large cap companies to report their financial results for the quarter ended June 30. -
SoftBank-Backed Policybazaar Eyes 2021 IPO In Indian Start-Up Debut
Saritha Rai, Bloomberg | Monday July 20, 2020Policybazaar, which counts SoftBank Group Corp.'s Vision Fund, Tiger Global Management and Tencent Holdings Ltd. among its largest backers, may become the first of India's digital-era upstarts to go public. -
Diesel Prices Hiked Across Metros, Petrol Remains Unchanged
Edited by Peter Noronha | Monday July 20, 2020State-run oil marketing companies, including Indian Oil Corporation, hiked the prices of diesel, while keeping the petrol rates unchanged across the metros on Monday. -
Sensex, Nifty Likely To Open Lower
Edited by Peter Noronha (with inputs from agencies) | Monday July 20, 2020The domestic markets are likely to start the week on a weak note, post the rally witnessed in the past 5 weeks, due to record jump in COVID-19 cases globally. -
Bharat Bond ETF Subscribed Over 3 Times, Fetches Rs 10,000 Crore
Edited by Peter Noronha | Sunday July 19, 2020The second tranche of Bharat Bond ETF (exchange-traded fund), which closed on July 17, was over-subscribed by more than 3 times and garnered around Rs 10,000 crore. -
Mindspace REIT IPO To Raise Rs 4,500 Crore. Here's All You Need To Know
Edited by Peter Noronha | Sunday July 19, 2020Mindspace REIT: Mindspace aims to raise up to Rs 1,000 crore through the issuance of fresh units and up to Rs 3,500 crore by way of offer for sale (OFS), according to the documents filed with SEBI. -
Indian Oil's 300,000 Bpd East Coast Refinery To Be Shut For 3 Weeks
Reuters | Sunday July 19, 2020, BhubaneshwarIndian Oil Corporation's 300,000 barrels per day refinery on the country's east coast will be shut for three weeks for maintenance, a top district administrative official told Reuters.
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