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RBI Holds Key Policy Rates Unchanged As Expected
Edited by Sandeep Singh (with inputs from agencies) | Friday October 09, 2020Three new external members in the panel voted in today's decision. -
Rate-Sensitive Stocks Trade Higher Ahead Of RBI Policy
Edited by Peter Noronha | Friday October 09, 2020The RBI Governor Shaktikanta Das will announce decisions of the Monetary Policy Committee (MPC) in an address to the media at 10:00 am. -
Market Latest Updates: Sensex Rises Over 100 Points, Nifty Above 11,850 Amid Broad-Based Gains
Edited by Sandeep Singh (with inputs from agencies) | Friday October 09, 2020Share Market Latest Updates: The S&P BSE Sensex index rose to 40,309.18 at the strongest level in early deals whereas the broader NSE Nifty 50 benchmark climbed to as high as 11,876.05. -
RBI Monetary Policy LIVE Updates: Monetary Policy Panel Votes Unanimously To Hold Key Rates
Edited by Sandeep Singh | Friday October 09, 2020The latest meeting is a second straight scheduled review of the RBI's policy, following emergency meetings in March and May - instead of April and June - and comes at a time the country's macroeconomic situation is changing rapidly. -
Petrol, Diesel Prices Unchanged On Friday
Edited by Peter Noronha | Friday October 09, 2020In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 9, according to Indian Oil Corporation. -
Sensex, Nifty To Have A Positive Start
Edited by Peter Noronha (with inputs from agencies) | Friday October 09, 2020The Shaktikanta Das-led Reserve Bank of India (RBI) is set to announce its policy decision at 10:00 am at the end of three-day monetary policy committee. -
Will Rates Be Paused? Shaktikanta Das-Led RBI To Announce Policy Today
Edited by Sandeep Singh | Friday October 09, 2020RBI Governor Shaktikanta Das-led Monetary Policy Committee will today reveal its policy decision at the end of talks that began on Wednesday. Most economists expect the central bank to keep policy rates at existing levels as inflation has remained above its comfort zone for five straight months, amid a jump in food prices, despite strategic removal of COVID-19-related restrictions. The RBI's monetary policy panel has three new external members, whose delayed appointment by the government had forced the central bank to postpone its bi-monthly review, originally scheduled for September 29-October 1. -
Lakshmi Vilas Bank Gets Non-Binding Offer From Clix Group
Reuters | Thursday October 08, 2020The bank was first approached by lender Clix Capital, a part of the Clix Group and majority owned by Mumbai-based private equity firm AION Capital Partners, with a letter of intent in June. -
Equity Mutual Funds See Outflows Of Rs 734 Crore In September
Press Trust of India | Thursday October 08, 2020In September this year, except large & mid-cap, focused and sectoral categories, all the other equity categories witnessed net outflow. -
Sensex, Nifty Rallies For Sixth Straight Session Led By Gains IT Shares
Edited by Abhishek Vasudev | Thursday October 08, 2020Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty IT index's over 3 per cent gain. -
Sensex Closes 304 Points Higher, Nifty Reclaims 11,800 As Markets Extend Rally To Sixth Day
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 08, 2020Wipro, Cipla, TCS, UltraTech Cement and Infosys, ending between 3.01 per cent and 7.34 per cent higher, were the top gainers in the 50-scrip benchmark index. -
TCS, Wipro Record Highs Fuel Rally In IT Shares. Here's Why
Written by Abhishek Vasudev , Edited by Sandeep Singh | Thursday October 08, 2020TCS kicked off the earnings season on Wednesday, by reporting a net profit of Rs 7,475 crore in the July-September period. -
Stock Market Updates: Sensex Soars 550 Points, Nifty Near 11,900; TCS, Wipro Hit Record Highs
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 08, 2020Stock Market Updates: Wipro shares jumped 6.28 per cent to a record high of Rs 356.30 apiece on the BSE, after the IT company said it will consider a stock repurchase. -
UTI AMC IPO: Here's How To Check Allotment Status
Edited by Peter Noronha | Thursday October 08, 2020The IPO comprised sale of 3,89,87,081 equity shares, or 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. -
Mazagon Dock Shipbuilders IPO: How To Check Allotment Status
Edited by Peter Noronha | Thursday October 08, 2020The share offering of the country's largest defence company received bids for 481.65 crore shares, as against the issue size of 3.06 crore, NSE data showed.
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