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Crude Oil Drops As COVID-19 Count Mounts; Analysts Await US Presidential Debate
Reuters | Tuesday September 29, 2020, LondonThe heads of the world's largest trading houses predicted tepid oil demand recovery and flat prices due to the coronavirus pandemic in coming months and possibly even years. -
Gold Edges Up Ahead Of Key US Presidential Debate
Reuters | Tuesday September 29, 2020Gold has fallen more than 4 per cent this month and is on track for its worst monthly decline since November 2016. -
Sensex, Nifty Break Two-Day Winning Streak As Banking, FMCG Shares Drag
Written by Abhishek Vasudev | Tuesday September 29, 2020Eight of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty PSU Bank index's over 2 per cent fall. -
Market Latest Updates: Sensex, Nifty End Volatile Session Flat, Halt 2-Day Winning Run
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 29, 2020Domestic stock markets ended a volatile session on Tuesday marginally lower, halting a two-day winning run, amid caution in global markets rising COVID-19 cases and ahead of the first US presidential debate. The S&P BSE Sensex index swung in a range of more than 400 points, between 37,831.35 and 38,235.94, during the day. The broader NSE Nifty 50 benchmark was rangebound at 11,181.00-11,305.40, switching between gains and losses compared to its previous close of 11,227.55. Gains in auto, IT and metal shares were offset by losses in financial and consumer goods stocks. -
Rupee Ends Marginally Lower At 73.85 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 29, 2020At the current level, the rupee has recovered 3.98 per cent from an all-time low of 76.91, registered in April this year. -
Steel Strips Wheels Gains On Order From European Trailer Market
Edited by Abhishek Vasudev | Tuesday September 29, 2020SSWL added that orders of similar capacity are anticipated from the same customer base as businesses have picked up speed. -
Tata Group Shares Jump After Report Of Possible Tie-Up With Walmart
Edited by Peter Noronha | Tuesday September 29, 2020Tata Group Shares: Reports suggest that Walmart Inc is in talks with Tata Group for a potential investment of up to $25 billion in the Indian salt-to-software conglomerate's proposed super app. -
Share Market Update: Sensex, Nifty Give Up Most Of Day's Gains Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 29, 2020Share Market Updates: Asian markets have been buoyed by positive signs around China's economic recovery, although the coronavirus pandemic continues to wreak economic havoc globally and raise concern about high valuations. -
Walmart Looking At Up To $25 Billion Investment In Tata Group's "Super App": Report
Reuters | Tuesday September 29, 2020, BengaluruThe super app aims to create a digital services behemoth offering a wide range of products in the retail space, Mint said. -
Likhitha Infrastructure IPO Opens. Here Are Some Key Facts
Edited by Peter Noronha | Tuesday September 29, 2020Likhitha Infrastructure's initial public offering: The IPO consists of a fresh issue of up to 51 lakh equity shares, amounting to 25.86 per cent of the company's post issue paid-up equity capital. -
Mazagon Dock Shipbuilders IPO Opens For Subscription. Things To Look Out For
Edited by Peter Noronha | Tuesday September 29, 2020Mazagon Dock Shipbuilders: The government, which has 100 per cent ownership of the company, expects to offload 15.17 per cent stake and garner Rs 444 crore in the share offering, at the higher end of the price band. -
UTI AMC Public Offer Opens For Bidding. Key Things To Know
Edited by Peter Noronha | Tuesday September 29, 2020The IPO comprises sale of 30.75 per cent stake by existing shareholders, including State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T Rowe Price International. -
Share Market Update: Sensex, Nifty Turn Flat Amid Volatile Trade; Financial Stocks Fall
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 29, 2020Share Market Updates: Asian markets largely opened higher, building on newfound momentum after bargain hunters helped a recovery in US markets in the wake of last week's selloff. -
Share Market Update: Sensex Falls Over 350 Points From Day's High As Markets Give Up Early Gains
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 29, 2020Share Market Updates: Equity markets elsewhere in Asia largely moved higher, building on newfound momentum after bargain hunters helped a recovery in US markets in the wake of last week's selloff. -
Share Market Update: Sensex Up Over 100 Points, Nifty Holds 11,250 Amid Choppy Trade
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 29, 2020Share Market Updates: Asian markets have been buoyed by positive signs around China's economic recovery, although the coronavirus pandemic continues to wreak economic havoc globally and raise concern about high valuations.
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