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Sensex, Nifty Likely To Open Higher Today
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Asian airline stocks fell after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional coronavirus relief funds. -
Petrol, Diesel Rates Remain Unchanged In Metros
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Petrol, Diesel Rates In India: In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.63 per litre on October 7 - the same levels as the previous day -
Government Approves 16 Companies, Including Top Apple Suppliers, For $6.65-Billion Smartphone Plan
Reuters | Wednesday October 07, 2020, New DelhiThe $6.65-billion incentive scheme is part of the government's aim to make the country into an export and manufacturing hub. -
Market LIVE: Sensex, Nifty Open Marginally Higher; TCS Shares In Focus
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Asian airline stocks fell after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional coronavirus relief funds. -
Gold Price Today: Domestic Gold Futures Inch Higher To Rs 50,895 As Dollar Eases
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 07, 2020Gold Price In India Today: Gold has risen 26% this year supported by massive government and central bank stimulus worldwide. -
Abu Dhabi Investment Authority Invests Rs 5,512.50 Crore In Reliance Retail
Edited by Abhishek Vasudev | Tuesday October 06, 2020Billionaire Mukesh Ambani-promoted Reliance Industries said on Tuesday that its retail arm, Reliance Retail Ventures, will sell a 1.2 per cent stake to Abu Dhabi Investment Authority (ADIA) for Rs 5,512.50 crore. The deal gives Reliance Retail Ventures a pre-money equity value of Rs 4.29 lakh crore, the conglomerate said in a press release. The transaction, latest in a series of investments in Reliance Retail from global investors, is likely to bolster Reliance Industries' retail presence in the domestic market. -
Sensex Surges 600 Points, Nifty Settles Above 11,650 Led By Banks
Edited by Abhishek Vasudev | Tuesday October 06, 2020Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Financial Services index's over 3 per cent gain. -
Sensex, Nifty Soar To 7-Month Highs As Markets Extend Gains To Fourth Day In A Row
Written by Sandeep Singh | Tuesday October 06, 2020A strong buying interest in banking and financial services shares pushed the markets higher. -
Sensex Surges Over 550 Points, Nifty Reclaims 11,650 Led By Banks
Edited by Abhishek Vasudev | Tuesday October 06, 2020Gains in heavyweights such as HDFC, HDFC Bank, Bajaj Finance, ICICI Bank and Kotak Mahindra Bank pushed the markets higher. -
RBI's 3-Day Policy Review Begins Wednesday As Centre Names Panel Members
Edited by Sandeep Singh | Tuesday October 06, 2020The Reserve Bank of India on Tuesday announced that its Monetary Policy Committee will conduct its bi-monthly review meeting from October 7 to October 9. The development came a day after the government named three new nominees on the Monetary Policy Committee to replace appointees whose terms ended in September. The RBI is widely expected to maintain a status quo on key policy rates in its upcoming statement, due at the end of the three-day meeting. -
India's Services Sector Slump Eases In September, But Job Losses Rise: Survey
Reuters | Tuesday October 06, 2020, BengaluruStill, September was the seventh straight month that activity had contracted, the longest such stretch since a 10-month run to early 2014. -
Infibeam Avenues Locked In Upper Circuit On Agreement With Jio Platforms
Edited by Abhishek Vasudev | Tuesday October 06, 2020Infibeam Avenues shares have more than tripled since the lockdown was announced in March from a 52-week low of Rs 26.40. -
Jindal Steel & Power Reports Record Quarterly Sales, Shares Gain 3%
Edited by Sandeep Singh | Tuesday October 06, 2020On a standalone basis, JSPL said its steel production was at1.84 million tonnes in the second quarter of 2020-21. Pallet production came in at2.01 million tonnes, it added. -
Mahindra & Mahindra Surges As Bookings For New Thar Cross 9,000 Mark
Edited by Abhishek Vasudev | Tuesday October 06, 2020Mahindra's all-new Thar SUV has become the only SUV in the 4X4 lifestyle category to record this booking milestone in such a short span of time, M&M said. -
Share Market Update: Sensex Jumps Over 400 Points, Nifty Crosses 11,600; Financial Stocks Jump
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 06, 2020Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session.
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