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Equitas Small Finance Bank IPO Subscribed 2 Times
Edited by Peter Noronha | Thursday October 22, 2020Equitas Small Finance Bank: The portion set aside for qualified institutional investors was subscribed 3.9 times, retail investors category was subscribed 2.08 times and non-institutional investors segment, 22 per cent. -
Coronavirus Crisis: Garment Workers Cover Bosses' Lockdown Losses
Reuters | Thursday October 22, 2020, ChennaiIt is a steep price for a workforce that was already juggling low pay and poor conditions before the pandemic shuttered their factories and choked orders. -
Global Market Sentiment Sapped By COVID-19 Surge, US Stimulus Stalemate
Reuters | Thursday October 22, 2020, LondonEurope's early equity falls were their fourth in a row, while a disappointing German consumer morale survey also meant it was the first dip of the week for the high-flying euro. -
Crude Oil Struggles To Recover After US Petrol Stocks Build
Reuters | Thursday October 22, 2020, LondonUS petrol stocks rose by 1.9 million barrels in the week to October 16, the Energy Information Administration (EIA) said on Wednesday. -
Asian Paints Reports Profit Of Rs 830 Crore In September Quarter
Edited by Abhishek Vasudev | Thursday October 22, 2020Asian Paints revenue from operations rose 6 per cent to Rs 5,350.23 crore compared with Rs 5,050.66 crore in the same quarter last year. -
Gold Price Today: Domestic Gold Futures Come Down To Rs 51,053 As Dollar Appreciates
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 22, 2020Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures - due for a December 4 expiry - declined by Rs 280 at the weakest level recorded on Thursday. -
Sensex, Nifty Snap Four-Day Winning Streak; IT, Pharma Shares Drag
Edited by Abhishek Vasudev | Thursday October 22, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Pharma index's 0.8 per cent fall. -
Sensex Ends 149 Points Lower As Markets Halt 4-Day Winning Run
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 22, 2020Domestic stock markets fell on Thursday tracking weakness in broader Asian equities, as investors fretted over the slow pace of US stimulus talks and an increase in the global spread of coronavirus pandemic. The S&P BSE Sensex index fell 316.1 points - or 0.78 per cent - to 40,391.21 at the weakest level of the day, as losses in bank, automobile, pharmaceutical and IT shares dragged the markets lower. The broader NSE Nifty 50 benchmark declined to as low as 11,845.65, down 92 points - or 0.77 per cent - from its previous close. However, gains in metal shares limited the downside. -
Sensex, Nifty On Track To Break 4-Day Winning Streak
Edited by Abhishek Vasudev | Thursday October 22, 2020Seven of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Pharma index's 1.3 per cent fall. -
Dr Reddy's Isolates Data Centre Services After Cyberattack, Shares Fall 4%
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 22, 2020Cyber-Attack: Dr Reddy's Labs said on Thursday it had isolated all its data center services as a preventive measure following a cyber-attack. -
Rupee Closes Marginally Higher At 75.53 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 22, 2020Rupee Vs Dollar Today: Selling of dollars by exporters supported the rupee, however a gain in the greenback overseas limited the upside, according to analysts. -
Bajaj Auto Profit Falls 22% To Rs 1,194 Crore In September Quarter
Edited by Sandeep Singh | Thursday October 22, 2020Bajaj Auto shares recovered initial losses after declining as much as1.30 per cent to Rs 2,977 apiece on the BSE after the announcement. -
Gold Eases On US Aid Doubts, Stronger Dollar
Reuters | Thursday October 22, 2020Goldman Sachs forecast gold at $2,300 an ounce over a 12-month horizon and said commodities were likely headed for a bull market next year. -
Uco Bank Surges On Reporting Profit Of Rs 30 Crore In September Quarter
Edited by Abhishek Vasudev | Thursday October 22, 2020Total gross NPAs stood at Rs 13,366 crore versus Rs 16,576 crore in the previous quarter, Uco Bank's result showed. -
Share Market Updates: Sensex Drops Over 150 Points, Nifty Slides Below 11,900 As Financial, IT Stocks Weigh On Markets
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 22, 2020Share Market Updates: It remains unclear whether stimulus negotiations would continue ahead of the US presidential and congressional elections on November 3.
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