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Gold Price Today: Domestic Gold Futures Recover Early Losses To Reclaim Rs 51,000 Mark
Edited by Sandeep Singh (with inputs from agencies) | Monday October 26, 2020Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA). -
OPEC Chief Says Does Not Expect Renewed Oil Collapse
Reuters | Monday October 26, 2020OPEC's Mohammad Barkindo was giving a speech at the virtual India Energy Forum by CERAWeek. -
Global Stocks Dip On Surging Coronavirus Cases, Stimulus Doubts
Reuters | Monday October 26, 2020The United States has seen its highest-ever number of new COVID-19 cases in the past two days. France also set case records and Spain announced a state of emergency. -
AirAsia Group Lowers Malaysia Market Recovery Expectations
Reuters | Monday October 26, 2020AirAsia Group's biggest market, it said it saw a 52 per cent increase in domestic capacity in September compared to 40 per cent in July. -
Sensex Slumps 540 Points, Nifty Ends Below 11,800; Metal Shares Worst Hit
Edited by Abhishek Vasudev | Monday October 26, 2020All the 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Metal index's 3.5 per cent fall. -
Your 10-Point Guide To Amazon Vs Reliance On Future Retail
Edited by Peter Noronha (with inputs from agencies) | Monday October 26, 2020Future Retail said on Monday that it was examining an order against its deal with Reliance Industries after an arbitration panel put on hold its Rs 24,713-crore asset sale to the conglomerate led by billionaire Mukesh Ambani. Billionaire Kishore Biyani-led Future Group also said it will take steps in enforcement proceedings to close the deal without delay, sending its shares down over 3 per cent, and Reliance Industries over 2 per cent, weighing on the broader domestic markets. The news comes as US-based e-tailer Amazon and conglomerate Reliance Industries battle for dominance in the country's retail sector. -
Kotak Mahindra Bank Profit Rises 27% In September Quarter
Edited by Abhishek Vasudev | Monday October 26, 2020Kotak Mahindra Bank share price: Kotak Mahindra Bank's net interest income, difference between interest earned on loans and interest expended on deposits rose 17% to Rs 3,913.21 crore. -
Sensex Ends 540 Points Lower, Nifty Gives Up 11,800 Amid Broad-Based Selloff
Edited by Sandeep Singh (with inputs from agencies) | Monday October 26, 2020Domestic share markets suffered sharp losses on Monday, tracking a global selloff amid surging coronavirus cases in Europe and the US. The S&P BSE Sensex index slumped 737.21 points - or 1.81 per cent - to hit 39,948.29 at the weakest level recorded during the session, and the broader NSE Nifty 50 benchmark slid to as low as 11,711.70, down 218.65 points - or 1.83 per cent - from its previous close. A selloff across sectors - led by banking, financial services, automobile and metal stocks - dragged the markets lower. -
Sensex Slumps Over 700 Points, Nifty Below 11,750; Auto, Metals Worst Hit
Edited by Abhishek Vasudev | Monday October 26, 2020All the 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty metal index's nearly 3 per cent decline. -
As Amazon Wins Order To Stall Deal, Reliance Retail and Future Group Push Back
Edited by Peter Noronha | Monday October 26, 2020Amazon wins Rs 24,713 crore Reliance-Future Deal: The Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore. -
JSW Steel Falls After Profit Declines 42% In September Quarter
Edited by Abhishek Vasudev | Monday October 26, 2020JSW Steel's revenue sales advanced 12 per cent to Rs 16,487 crore versus Rs 14,752 crore in the same period last year. -
Reliance Industries Slips Nearly 2% As Reliance Retail-Future Deal Put On Hold
Edited by Peter Noronha | Monday October 26, 2020The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its subsidiary Reliance Retail Ventures. -
IndusInd Bank Jumps 4% As Promoters Call Report On Takeover "Baseless"
Edited by Sandeep Singh | Monday October 26, 2020IndusInd International Holdings Limited (IIHL) said it considers the report "malicious, untrue and baseless". -
Car Dealers Upbeat About Festive Season
Written by Purva Chitnis | Monday October 26, 2020According to the data released by Federation of Automobile Dealers Association, the overall vehicle registrations in September went up by 14 per cent over August. -
Petrol, Diesel Prices Unchanged On Monday
Edited by Peter Noronha | Monday October 26, 2020Fuel Price in India Today: In Delhi, the price of petrol remained unchanged at Rs 81.06 per litre on October 26, and diesel at Rs 70.46 per litre.
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