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Sensex Gains Over 200 Points, Nifty Touches 11,300 As Auto, IT Stocks Rise
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 18, 2020Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally, while the dollar dropped against almost all major currencies. -
Petrol Prices Hiked For Third Consecutive Day, Diesel Remains Unchanged On Tuesday
Edited by Peter Noronha | Tuesday August 18, 2020The price of petrol were increased to Rs 80.90 from Rs 80.73 per litre in Delhiand to Rs 87.58 from Rs 87.45 in Mumbai,according to Indian Oil Corporation's website - iocl.com. -
Sensex, Nifty Likely To Have A Flat Opening
Edited by Peter Noronha (with inputs from agencies) | Tuesday August 18, 2020The domestic stock markets are likely to open flat, ignoring a record high closing on Nasdaq and encouraging cues from the Asian Street, as Nifty Singapore futures are trading virtually unchanged. -
Economic Growth To Contract By 16.5% In Q1 As Coronavirus Spreads: SBI Report
Edited by Abhishek Vasudev | Monday August 17, 2020Corporate earnings indicate more than 25 per cent decline in revenues and more than 55 per cent decline in profits. -
Power Output Rises For First Time In Five Months In Early August: Report
Reuters | Monday August 17, 2020Power generation rose 2.6 per cent in the first 15 days of August compared with the same period of last year. -
Taxpayers Not Required To Disclose High-Value Transactions In Return Form: Report
Press Trust of India | Monday August 17, 2020Only third parties would report high-value transactions to the I-T department as per the Income Tax Act. -
Silver Price Today: Domestic Silver Futures Gain Nearly 3% To Settle At Rs 68,969
Edited by Sandeep Singh (with inputs from Reuters) | Monday August 17, 2020Silver Rate Today: MCX silver futures settled at Rs 69,080 for the day, up 2.84 per cent - or Rs 1,909 - from their previous close. -
Gold Price Today: Domestic Gold Futures Trim Gains, But Hold Rs 52,500 Level
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020Gold Rate Today: The closing rate of gold jewellery stood at Rs 52,874/10 grams, excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). -
Gold Recovers Early Losses To Move Higher; Focus Turns To US Central Bank
Reuters | Monday August 17, 2020Making gold more attractive for holders of other currencies, the dollar slipped as investors were relieved by a delay in the review of a US-China trade pact. -
Sensex, Nifty End Higher Amid Choppy Trade Led By Metal, Auto Shares
Edited by Abhishek Vasudev | Monday August 17, 2020Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal and Auto index's over 2 per cent gain. -
Rupee Closes Nearly Unchanged At 74.88 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020Analysts expect the rupee to continue to trade sideways against the greenback in the near term. -
Sensex, Nifty Edge Higher Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020IT and metal stocks rose with the Nifty IT and the Nifty Metal indices rising over 1 per cent each. -
Back To The Paddy Fields. COVID Smashes Indian Middle-Class Dreams
Reuters | Monday August 17, 2020At least 400 million workers are at risk of falling deeper into poverty, according to the International Labour Organization (ILO). -
Reliance In Talks To Buy Online Furniture Retail, Milk Delivery Startups: Report
Reuters | Monday August 17, 2020Reliance Industries: Representatives at Reliance, Urban Ladder and Milkbasket did not immediately respond to Reuters requests for comment. -
MCX To Launch India's First Bullion Index
Edited by Peter Noronha | Monday August 17, 2020"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," MCX said.
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