Realty firm Birla Estates on Monday said it has purchased a land parcel in South Mumbai to develop a premium housing project and is expecting a sales revenue of more than Rs 600 crore from this upcoming property. Birla Estates, which is the real estate arm of the Aditya Birla Group housed under Century Textiles […]
The benchmark indices fell for the fourth consecutive day after a surge in Covid cases in China renewed fears of a global slowdown. The S&P BSE Sensex slid 981 points or 1.6% to end at 59,845, the lowest since October 27. The Nifty 50 ended at 17,807, down 321 points or 1.8%, falling below the […]
Indian benchmark indices are likely to open with gains on Tuesday amid strong global cues. SGX Nifty hinted at a positive start for domestic share market as Nifty futures traded 75 pts higher at 18,222 levels. In the previous session, BSE Sensex rallied 320 pts to 60,942, while NSE Nifty50 climbed 91 pts to 18,118. […]
Prices of popular spice commodity cumin (jeera) have gone up sharply by at least `300 per 20 kg in a span of one week in the wake of growing domestic and global demand. The price of the commodity rose from 4,800-5,100 to 5,100 to5,500 in the past week alone. This bull run is likely to […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Wednesday as a result of mixed global cues, while the silver rate is down 0.48%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,441 per 10 grams, down Rs 42 or 0.07%. Silver May futures were trading […]
Adani Enterprises (AEL) on Wednesday called off its Rs 20,000-crore follow-on public offering (FPO). AEL said it would return the FPO proceeds and withdraw the completed transaction, given the unprecedented situation and the current market volatility. Given the unprecedented situation and the current market volatility, the company aims to protect the interest of its investing […]
Domestic indices Nifty and Sensex continue their downward trend, losing over 1% intraday. Nifty sheds almost 200 points to trade at 18,225, while Sensex loses 629 points, at 61,176 as bears take over Dalal Street. Adani Enterprises, Axis Bank, Infosys, HDFC Bank and Reliance Industries are the most active Nifty 50 stocks intraday. Nifty 50 […]
The rupee depreciated by 10 paise to settle at 82.89 (provisional) against the US dollar on Wednesday, as intense selling pressure in domestic equities and a strong greenback overseas dented the sentiment. However, a sharp decline in crude oil prices in the international market restricted the rupee’s fall, forex traders said. It finally closed at […]
Indian benchmark indices BSE Sensex and NSE Nifty 50 are expected to extend gains on Friday amid weak global cues. SGX Nifty hinted at a negative start for domesitc equities as Nifty futures traded 0.35% lower at 18395 level on the Singapore Exchange. “Nifty is likely to retest the major support zone around 18,300. Its […]
The petroleum and natural gas regulatory board (PNGRB) proposed unified tariff at Rs 60.9/mmbtu is higher than estimated. While final notification is awaited, if this proposed tariff were to be implemented, it could result in a 15% increase in standalone Ebitda. This increase would be primarily driven by a 30% rise in the Ebitda of […]
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