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Market Live Updates: Sensex Rises Over 300 Points From Day's Low As Markets Recover Early Losses
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 20, 2020Domestic share markets started Tuesday's session on a volatile note amid weakness across Asian equities on concerns about additional economic stimulus in the US. The S&P BSE Sensex index surged to as high as 40,628.47 at the strongest level in early trade, up322.88 points from an intraday low of 40,305.59 recorded earlier. The broader NSE Nifty 50 benchmark climbed to as high as11,924.30, having earlier weakened to11,837.25 compared to its previous close of 11,873.05.While gains in automobile and IT shares pushed the markets higher, losses in consumer goods and select financial stocks limited the upside. -
L&T Gains Over 3% On Hopes Of Bagging Contract For Bullet Train Project Work
Edited by Peter Noronha (with inputs from agencies) | Tuesday October 20, 2020Larsen & Toubro has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor,National High Speed Rail Corporationsaid on Monday. -
Equitas Small Finance Bank IPO Opens For Subscription: Things To Know
Edited by Peter Noronha | Tuesday October 20, 2020The public offering consists offresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank. -
"Will Remove Constraints": Government's New Plan To Sweeten Air India Deal
Vrishti Beniwal and Siddhartha Singh, Bloomberg | Tuesday October 20, 2020The government is considering allowing potential suitors for Air India decide how much of the flag carrier's debt they want to take on as part of the deal, Disinvestment Secretary Tuhin Kanta Pandey said. -
L&T Emerges As Lowest Bidder For 237-Km Viaduct Of Bullet Train Project
Press Trust of India | Tuesday October 20, 2020The infrastructure company has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor. -
Centre Is Assessing GDP Contraction: Nirmala Sitharaman
Asian News International | Tuesday October 20, 2020Nirmala Sitharaman said that the Centre has not closed the option for another stimulus package and has started doing "some kind of" assessment on gross domestic product (GDP) contraction. -
HDFC Life Profit Rises 6% To Rs 328 Crore In September Quarter
Edited by Sandeep Singh | Tuesday October 20, 2020Total premium income increased to Rs 10,056.71 crore in the second quarter of current financial year, from Rs 7,456.87 crore in the year-ago period. -
Need To Rethink And Reinvent Indian Manufacturing, Says Mukesh Ambani
Asian News International | Tuesday October 20, 2020Mukesh Ambani said that India must rethink and reinvent manufacturing, like it did its refining and petrochemicals to make the country's manufacturing sector globally competitive -
Aadhaar Card: How To Verify Aadhaar-Registered Mobile Number Online
Edited by Sandeep Singh | Tuesday October 20, 2020The UIDAI issues the 12-digit personal identification number as well as the identity card known as Aadhaar. -
Petrol, Diesel Prices Remain Unchanged On Tuesday
Edited by Peter Noronha | Tuesday October 20, 2020In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to notifications from Indian Oil Corporation. -
Sensex, Nifty Likely To Open Lower
Edited by Peter Noronha (with inputs from agencies) | Tuesday October 20, 2020The stock markets are likely to open in the red, following weak cues from across Asia and negative indications from early SGX Nifty trading. -
Gold Price Today: Domestic Gold Futures Top Rs 50,800 Mark Amid Safe-Haven Buying
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 20, 2020Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures gained by Rs 264 - or 0.52 per cent - higher at Rs 50,811 on Monday. -
Government Must Not Neglect Bank Recap Despite Pandemic: Viral Acharya
Reuters | Monday October 19, 2020Restoring banks' capital is critical for aiding a meaningful recovery, but there has been little focus on the matter, former RBI Deputy Governor Viral Acharya said. -
Foreign Inflows Into Asian Bonds More Than Doubles In September
Reuters | Monday October 19, 2020Bonds markets in places such as Thailand and India could therefore be benefiting from a portfolio rebalancing, analysts said. -
Sensex Rallies 449 Points, Nifty Settles Above 11,850 Led By Banks
Edited by Abhishek Vasudev | Monday October 19, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's over 4 per cent gain.
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