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Move Over Bonds, Forex Taking Over As Investors' New Favourite Playbook
Reuters | Friday October 23, 2020, LondonCurrency market volatility has risen from a one-and-a-half-year low hit in late July while overall bond market volatility remains near 2020 lows. -
Global Stocks Bide Time As US Presidential Election Caution Sets In
Reuters | Friday October 23, 2020, London/TokyoWhile Democratic plans to raise taxes on corporate profits and capital gains could hit share prices, their pledge on large stimulus is seen as offsetting those blows. -
Barclays Beats July-September Profit Forecasts As CEO Jes Staley Aims To Stay On
Reuters | Friday October 23, 2020, LondonBarclays disclosed in February that British regulators had launched an investigation into Staley's past connections to the late financier and convicted sex offender Jeffrey Epstein, which is yet to conclude. -
New Mundra LNG Terminal To Ramp Up Utilisation From 45% To 55% In 6 Months
Reuters | Friday October 23, 2020, Singapore/AhmedabadAnother pipeline connecting Anjar to Banaskantha district in Gujarat only has a diameter of 18-inches, which limits the terminal's utilisation. -
Sensex, Nifty End Higher; Aditya Birla Fashion Jumps On Flipkart Deal
Reuters | Friday October 23, 2020, BengaluruGlobal stocks remained within a tight range on Friday, less than two weeks before the US presidential election, with traders looking for a breakthrough in stimulus talks in Washington. -
Sensex, Nifty Rebound After A Day's Pause Led By Auto Shares
Edited by Abhishek Vasudev | Friday October 23, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Auto index's nearly 3 per cent gain. -
Sensex Closes 127 Points Higher Boosted By Auto Shares
Edited by Sandeep Singh (with inputs from Reuters) | Friday October 23, 2020Domestic share markets rose on Friday led by automobile shares, amid cautious gains across Asia as investors assessed the prospect of another stimulus package in the world's largest economy. The S&P BSE Sensex index jumped as much as 0.62 per cent - or 252.63 points - to touch 40,811.12 during the session, and the broader NSE Nifty 50 benchmark climbed to as high as 11,974.55, up 0.66 per cent from its previous close. Analysts awaited earnings reports from more large cap companies for cues. -
Reliance Power Profit Doubles In September Quarter; Shares Jump
Friday October 23, 2020Reliance Power's revenue from operations rose 21 per cent to Rs 2,449 crore as against Rs 2,018.59 crore in the same period last year. -
Aditya Birla Fashion And Retail Surges On Rs 1,500 Crore Investment From Flipkart
Edited by Abhishek Vasudev | Friday October 23, 2020Aditya Birla Fashion manufactures popular clothing brands like Allen Solly, Peter England, Louis Philippe and VanHeusen. -
Flipkart To Buy 8% Stake In Aditya Birla's Fashion Unit For Rs 1,500 Crore
Reuters | Friday October 23, 2020The investment comes at a time when Amazon.com Inc, billionaire Mukesh Ambani-led Reliance Industries and Flipkart are in a race to gain market share in India's fast-growing online market for food and groceries. -
Share Market Updates: Sensex, Nifty Rise As Financials Gain; Earnings In Focus
Reuters | Friday October 23, 2020, BengaluruShare Market Updates: Equity markets elsewhere in Asia were little changed as the final debate between US President Donald Trump and Democratic challenger Joe Biden offered little to impress investors. -
Share Market Updates: Sensex Rises Over 250 Points, Nifty Firm Above 11,950 Amid Broad-Based Gains
Edited by Sandeep Singh (with inputs from agencies) | Friday October 23, 2020Share Market Updates: Top gainers in the Nifty basket of 50 shares at the time were Tata Steel, Cipla, Indian Oil, Bharti Airtel and ICICI Bank. -
Oil Companies Leave Petrol, Diesel Rates Unchanged
Edited by Sandeep Singh (with inputs from agencies) | Friday October 23, 2020Fuel Price In India Today: State-run Indian Oil, Bharat Petroleum and Hindustan Petroleum review the fuel rates on a daily basis, aligning them with international oil prices and foreign exchange rates. -
Sensex, Nifty Likely To Start Day On A Muted Note
Edited by Sandeep Singh (with inputs from agencies) | Friday October 23, 2020Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential election on November 3. -
Gold Price Today: Domestic Gold Futures Ease, Slide Below Rs 51,000 Mark As Dollar Gains
Edited by Sandeep Singh (with inputs from agencies) | Friday October 23, 2020Gold Price In India Today: MCX gold futures settled at Rs 50,893 (down by Rs 440 or 0.86 per cent) for the day.
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