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HPCL Gains After Profit More Than Doubles In Q2; Announces Share Buyback Proposal
Edited by Abhishek Vasudev | Thursday November 05, 2020HPCL'saverage gross refining margin during the six months ended September 30, 2020 was $2.58 per barrel. -
Supreme Court Adjourns Hearing On Loan Relief To November 18
Edited by Peter Noronha | Thursday November 05, 2020The top court agreed to defer the hearing after the centre informed the court that Solicitor Geneal was presenting arguments in the Central Vista case before another bench of the Supreme Court. -
Election Results Awaited, But Zuckerberg, Bezos Have Already Gained Big
Sophie Alexander, Tom Maloney and Devon Pendleton, Bloomberg | Thursday November 05, 2020Across the board,167 U.S. billionaires gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the biggest rallies in five months. -
Market Latest Updates: Sensex Jumps Over 500 Points, Nifty Touches 12,050 Amid Broad-Based Gains
Edited by Sandeep Singh (with inputs from agencies) | Thursday November 05, 2020Share Market Latest Updates: Infosys, Reliance Industries, SBI and HDFC Bank were the biggest contributors to the gain in Sensex. -
Petrol, Diesel Prices Unchanged On Thursday
Edited by Peter Noronha | Thursday November 05, 2020In Delhi, the price of petrol remained at Rs81.06 per litre, and diesel at Rs 70.46 per litre on November 4, according to Indian Oil Corporation. -
Sensex, Nifty Likely To Open Strong
Edited by Peter Noronha (with inputs from agencies) | Thursday November 05, 2020MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 per cent to reach its highest since March 2018. Japan's Nikkei rose 0.9 per cent to a nine-month high and South Korea put on 1.5 per cent. -
Rupee Weakens By 35 Paise To Close At 74.76 Against Dollar
Edited by Nikita Prasad (with inputs from agencies) | Wednesday November 04, 2020On the domestic equity market front, BSE benchmark Sensex was trading 237.42 points higher at 40,498.55, and the broader NSE Nifty rose 60.90 points to 11,874.40. -
Over Rs 1,29,190 Crore Refunds Issued To 39.49 Lakh Taxpayers
Edited by Nikita Prasad (with inputs from agencies) | Wednesday November 04, 2020The CBDT had earlier issued a notification on June 24, 2020, extending the due date for all Income Tax Returns (ITRs) for the financial year2019-20 to November 30, 2020. -
'Mom And Pop' Investors Dismayed By China For Scrapping Ant Group's IPO
Agence France-Presse | Wednesday November 04, 2020China's shock suspension of the listing has left them baffled and angry. The financial tech titan's listing came crashing down on Tuesday evening as regulators pulled the plug just two days before its dual debut in Hong Kong and Shanghai. -
Sensex, Nifty Gain For Third Session In A Row Led By IT, Pharma Shares
Edited by Abhishek Vasudev (with inputs from Reuters) | Wednesday November 04, 2020Reliance Industries, Infosys, Kotak Mahindra Bank, HDFC Bank and TCS were top movers in the Sensex. -
"It's A Joke": Retail Investors Shocked As China Halts Ant Group's IPO
Reuters | Wednesday November 04, 2020China blocked the fintech giant's $37 billion listing on Tuesday, thwarting its debut in Hong Kong and Shanghai scheduled for Thursday and dealing a severe blow to the company founded by billionaire and Alibaba co-founder Jack Ma. -
State Bank Of India Profit Rises 52% To Rs 4,574 Crore In September Quarter
Edited by Abhishek Vasudev | Wednesday November 04, 2020SBI's provisioning for bad loans fell sharply in September quarter to Rs 5,619.28 crore from Rs 9,420 crore in the previous quarter. -
L&T Emerges Lowest Bidder For Bullet Train Project, Set To Win Order
Edited by Nikita Prasad | Wednesday November 04, 2020The 88 km (approx.) length of the viaduct between Vadodara and Ahmedabad in Gujarat including the construction of Anand/Nadiad Station for the bullet train corridor opened and L&T was the lowest bidder. -
Gland Pharma IPO To Open On November 9, Price Fixed At Rs 1,490-1,500 A Share
Edited by Peter Noronha | Wednesday November 04, 2020The public issue will be open for three days, from November 9 to November 11, and the shares will be offered in the price band at Rs 1,490-1,500 per share. -
Sensex Closes 355 Points Higher As Markets Rise For Third Straight Day
Edited by Sandeep Singh (with inputs from agencies) | Wednesday November 04, 2020Domestic stock markets extended gains to a third straight day on Wednesday, despite nervousness across global equities amid uncertainty around the outcome of US presidential elections with no clear winner yet in sight. The S&P BSE Sensex jumped 432.38 points - or 1.07 per cent - to touch 40,693.51 at the strongest level of the day, and the broader NSE Nifty 50 benchmark climbed to as high as 11,920.70, up 107.2 points - or 0.91 per cent - from its previous close. Both indices briefly slid to the negative territory in afternoon deals, before pushing higher again.
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