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Equity Mutual Funds Show First Outflows In More Than Four Years
Reuters | Monday August 10, 2020Mutual funds that invest in equity showed a net outflow of Rs 2,480 crore in July compared with an inflow of Rs 241 billion crore in June -
Nifty Ends Above 11,250 Led By Gains In Pharma Shares
Edited by Abhishek Vasudev | Monday August 10, 2020All the 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Pharma index's over 5 per cent gain. -
Post Office Fixed, Recurring Deposit Fetches These Returns
Edited by Sandeep Singh | Monday August 10, 2020FD Interest Rates: Fixed and recurring deposits at designated post office branches provide returns to the tune of 5.5-6.7 per cent per annum. -
Divi's Labs Surges 16% To Hit New 52-Week High On Strong Earnings
Edited by Abhishek Vasudev | Monday August 10, 2020Divi's Labs shares have surged 125 per cent since August 14, the day it hit a 52-week low of Rs 1,466. -
Cipla Hits Record High After Strong June Quarter Earnings
Edited by Sandeep Singh (with inputs from agencies) | Monday August 10, 2020Cipla Share Price: By 11:22 am, 6.88 lakh Cipla shares had changed hands on the BSE, as against an average of 3.49 lakh over the past two weeks. -
Defence Stocks Soar After Centre Imposed Embargo On Weapons Imports
Edited by Peter Noronha | Monday August 10, 2020Defenceminister Rajnath Singh had, on Sunday, announced restrictions on import of 101 weapons and military platforms in order to boost indigenous production. -
Sensex Gains Over 350 Points, Nifty Touches 11,300; Cipla Hits Record High
Edited by Sandeep Singh (with inputs from agencies) | Monday August 10, 2020Asian stocks held tight ranges on Monday amid worries over flaring tensions between the United States and China. -
Sensex Rises Over 300 Points, Nifty Tops 11,300 Amid Gains Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Monday August 10, 2020Asian stocks held tight ranges on Monday amid worries over flaring tensions between the United States and China. -
Saudi Aramco Still Chasing $15 Billion Deal With Mukesh Ambani's Reliance
Anthony Di Paola and Matthew Martin, Bloomberg | Monday August 10, 2020Reliance's shares fell in mid-July after Chairman Mukesh Ambani said a transaction had been delayed "due to unforeseen circumstances in the energy market and the Covid-19 situation." -
Petrol, Diesel Prices Remain Unchanged On Monday
Edited by Peter Noronha | Monday August 10, 2020State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis to bring fuel rates on par with global oil prices and changes in forex rates. -
Sensex, Nifty Likely To Have A Cautious Start
Edited by Peter Noronha (with inputs from agencies) | Monday August 10, 2020The domestic markets are likely to open on a flat note after global markets remained cautious as investors eyed US fiscal stimulus and US-China tensions. -
Flipkart Leap: Flipkart Announces $25,000 Grant To Shortlisted Startups Through Its Accelerator Programme
Edited by Sandeep Singh (with inputs from agencies) | Monday August 10, 2020Flipkart Leap: The Bengaluru-based e-commerce company said it will identify innovative startups to promote the startup ecosystem and support the government's Start-up India initiative. -
Gold Hovers At Record Highs; How To Invest In The Yellow Metal?
Written by Peter Noronha | Sunday August 09, 2020Gold prices are on a record-breaking spree globally due to rising Covid-19 cases, simmering US-China tensions, expectations of a second stimulus announcement in the United States and decline in the dollar. -
Saudi Aramco Q2 Profits Slump 73% On Low Oil Prices
Agence France-Presse | Sunday August 09, 2020Energy giant Saudi Aramco said on Sunday its net profit for the second quarter plunged a massive 73 percent year-on-year due to sharply lower oil prices. -
PM Narendra Modi Launches Rs 1 Lakh Crore Agriculture Infrastructure Fund
Edited by Peter Noronha (with inputs from agencies) | Sunday August 09, 2020PM Kisan Scheme: The Prime Minister also released the sixth installment of Rs 17,100 crore to the bank accounts of more than 8.55 crore farmer beneficiaries under the scheme.
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