The frontline indices marched higher and hit a fresh intraday high in afternoon trade. The Nifty traded a tad above the 22,200 level after hitting the day’s low of 22,085.65 in early trade. Realty, consumer durables and IT shares advanced while oil & gas, FMCG and financial services stocks are in edged lower.
Posts in category Business Standard
Textile industry needs to focus on international markets to be more competitive (27-02-2024)
Powered by Capital Market – Live News
Textile industry needs to focus on international markets that will push them to be more competitive (27-02-2024)
Powered by Capital Market – Live News
Marico brand ‘Plix’ expands its partnership with Delhivery (27-02-2024)
Plix has an existing collaboration with Delhivery for domestic express parcel shipping in India and has now extended an exclusive partnership for cross-border shipping as well. It will leverage Delhivery’s air freight
expertise for shipments, ensuring swift and secure transportation of goods from its India warehouse in Mumbai to its New York warehouse.
ICICI Prudential Life Insurance Company Ltd gains for third straight session (27-02-2024)
ICICI Prudential Life Insurance Company Ltd is quoting at Rs 535.25, up 2.32% on the day as on 12:49 IST on the NSE. The stock is up 30.9% in last one year as compared to a 28.2% jump in NIFTY and a 14.58% jump in the Nifty Financial Services index.
Oil India announces its first-ever global partner roadshow in Abh Dhabi (27-02-2024)
This event signals OIL’s commitment to aggressive growth and international collaboration. OIL has set its sights on ambitious production targets: 4 MMT oil and 5 BCM gas annual production by FY26. With a target to generate 12 Billion USD in revenue by 2030, the company plans to invest 4.8 Billion USD across a range of activities: ramping up exploration efforts, enhancing field development and expediting production. Additionally, OIL is set to expand aggressively across
offshore Indian regions.
Vijay Shekhar Sharma steps down from the board of Paytm Payments Bank (27-02-2024)
One 97 Communications said that it has withdrawn its nominee from the board of Paytm Payments Bank and Vijay Shekhar Sharma will step down as part-time non-executive chairman and board member.
Mahanagar Gas acquires 31% stake in 3EV Industries (27-02-2024)
Mahanagar Gas said that it has entered into shareholders’ agreement with 3EV Industries Founders, Promoters and other Shareholders to acquire 30.97% shareholding in 3EV Industries.
Barometers trade with small gains, Nifty above 22,100 level (27-02-2024)
The headline equity benchmarks traded with minor gains in early-afternoon trade. The Nifty traded above the 22,100 level after hitting the day’s low of 22,085.65 in early trade. IT shares edged higher after declining in the past two trading sessions.
Happiest Minds Technologies announces new vertical organization structure (27-02-2024)
Ashok Soota, Executive Chairman, said The potential of this new structure is immense and will be the bedrock of new growth engines, enabling us to compete better in the global markets and realize our vision of reaching $ 1 billion in revenues by 2031.”