Posts in category Business Standard
Skipper bags order from PowerGrid Corp (26-02-2024)
Skipper said that it has received an order worth Rs 737 crore from Power Grid Corporation of India to construct transmission line.
Stocks to watch on Feb 26: Reliance, HDFC Bank, Infibeam, Paytm, Skipper (26-02-2024)
Stocks to watch on February 26, 2024: Infibeam Avenues: The company has acquired a 20 per cent strategic stake in US-based AI development company XDuce
Gold price dips Rs 10 to Rs 62,940, silver falls Rs 100 to Rs 74,800 (26-02-2024)
The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,690
Stock Market LIVE: Sensex down 400pts; Asian Paints, Airtel, IT shares drag (26-02-2024)
Stock market update on Monday, February 26: Broader indices, however, were seen holding gains. The BSE MidCap index was up 0.2 per cent, while SmallCap added 0.4%.
Nifty, Bank Nifty in indecisive mode; Watch out for these key levels (26-02-2024)
Nifty likely to see a directional move on breakout from the 22,100 - 22,325 trading range, says Ravi Nathani, an independent technical analyst.
IOC, Gail and ONGC fined for failure to appoint directors on their board (25-02-2024)
Listing norms require companies to have independent directors in the same proportion as executive or functional directors. They are also required to have at least one woman director on the board
Markets to focus on global trends; may face volatility, say analysts (25-02-2024)
In the latest bi-monthly policy review held earlier this month, the Reserve Bank of India's six-member panel decided to leave the key policy rate unchanged at 6.5 per cent for the sixth time in a row
Foreign portfolio investors infuse Rs 18,500 cr in debt market in Feb (25-02-2024)
Foreign Portfolio Investors (FPIs) continued their bullish stance on the country's debt markets with a net infusion of over Rs 18,500 crore so far this month, driven by upcoming inclusion of Indian government bonds in the JP Morgan Index.
This came following a net investment of over Rs 19,836 crore in January, making it the highest monthly inflow in more than six years. This was the highest inflow since June 2017, when they infused Rs 25,685 crore.
"With introduction of India in global bond indices this year, Indian debt inflows should get steady flows going ahead. Also, further front-loading before actual inclusion in June this year is also expected. This is also in line with long-term aim to deepen our underdeveloped debt-markets," Kislay Upadhyay, smallcase Manager & Founder Fidelfolio, said.
On the other hand, foreign investors pulled out Rs 424 crore from equities during the period under review. Before this, they withdrew a massive Rs 25,743 crore in January, data with the ..
Mcap of 8 of top 10 valued firms soars to Rs 1.1 trn; RIL biggest gainer (25-02-2024)
Market valuation of eight of the 10 most valued firms jumped Rs 1,10,106.83 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer.
Last week, the 30-share BSE Sensex benchmark rose 716.16 points or 0.97 per cent.
RIL, ICICI Bank, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever Ltd (HUL) were among the gainers while Tata Consultancy Services (TCS) and Infosys saw a combined erosion of Rs 38,477.49 crore in market valuation.
Reliance Industries added Rs 43,976.96 crore to its market valuation at Rs 20,20,470.88 crore. On Friday, shares of oil-to-telecom conglomerate hit a fresh 52-week high of Rs 2,996.15 apiece.
The valuation of ICICI Bank jumped Rs 27,012.47 crore to Rs 7,44,808.72 crore, and that of state-owned insurer LIC surged Rs 17,235.62 crore to Rs 6,74,655.88 crore.
The market capitalisation (mcap) of ITC rallied Rs 8,548.19 crore to Rs 5,13,640.37 crore, and that of Hindustan Unilever Ltd zoomed Rs 4,534.71 crore to Rs .
Juniper Hotels IPO ends with decent subscription (24-02-2024)
The offer received bids for 6.01 crore shares as against 2.89 crore shares on offer.