Posts in category Economic Times
RBI imposes Rs 1.45 cr penalty on Central Bank of India (14-06-2024)
The Reserve Bank on Friday said it has imposed a penalty of Rs 1.45 crore on the Central Bank of India for non-compliance with certain directions related to 'loans and advances' and 'customer protection'. The RBI had conducted a statutory inspection for Supervisory Evaluation (ISE 2022) of the Central Bank of India with reference to its financial position as of March 31, 2022.
US stocks slip as markets eye cautious Fed; Dow drops 118, S&P 500 lower by 9 (14-06-2024)
Wall Street's primary indexes opened with declines on Friday, as investors took a breather following robust rallies on the S&P 500 and the Nasdaq. They deliberated over the Federal Reserve's hawkish projections amid signs of an easing economy.
Mcap of BSE-listed firms at another record high of Rs 434.9 lakh crore (14-06-2024)
The market capitalisation of BSE-listed firms hit another record high of Rs 434.88 lakh crore on Friday as the BSE benchmark scaled new closing peak, rallying for the third day running.
Phillips 66 to sell 25% stake in Rockies Pipeline for $1.28 bln (14-06-2024)
U.S. oil refiner Phillips 66 said on Friday it would sell its 25% stake in the Rockies Express Pipeline (REX) for about $1.28 billion, including debt, to a subsidiary of Tallgrass Energy.
Tech View: Nifty forms long-legged Doji candle on charts. Here’s how to trade next week (14-06-2024)
With its continued range-bound action within 23,300-23,500 levels, Nifty is not showing any early breakout signs on either side. A decisive move above 23,500 levels may open an upside breakout and a slide below 23,300 levels could mean a chance of downside breakout of the range movement in the near term.
Nifty bull case target at 27,100, says Prabudas Lilladher. Bets on Reliance, ITC (14-06-2024)
Domestic brokerage firm Prabhudas Lilladher said that it values Nifty at 5% premium to 15-year average PE 20.2x to arrive at bull case target of 27,102 as it showed conviction on large cap firms like ITC, RIL, HDFC Bank among others.
Gainers & Losers: M&M, RITES among 7 stocks that hogged limelight on Friday (14-06-2024)
Index heavyweights HDFC Bank, RIL, M&M take D-Street to new highs on Friday.
Stock market update: Nifty Bank index advances 0.31% (14-06-2024)
The Nifty Bank index closed 0.31 per cent up at 50002.0.