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Dow Jones inches up on recovery hopes despite jump in virus cases
The Dow Jones Industrial Average rose 59.88 points, or 0.23 per cent, at the open to 25,950.06.
Govt notifies NPS tier-II tax deduction for central govt employees
The central government employees have to contribute a minimum of 1,000 per year to the NPS tier-II account in the first year and 250 in the subsequent two years.
Global online music streaming subscriptions rise 35 pc to 394 mn in Q1
The growth is enhanced due to increased usage of the OTT platforms amid the COVID-19 outbreak and promotional offers like free trials, subscription price cuts .Spotify le
ICICI Bank planned share sale to bump up core equity capital
The banks total capital adequacy at the end of the March quarter stood at 16.11%.
ICICI Bank to raise Rs 15,000 crore through share sale
The lender said that its board has approved such fundraising in one or more tranches.
E-tailers in India begin work to list 'country of origin' labels on products
E-commerce firms in India like Amazon local unit and Flipkart have begun to update their back-end systems to allow sellers to identify the country of origin on all new pr
Market Movers: IT, auto stocks halt rally ahead of Q1 nos; 56 stocks 'overbought'
Here is a lowdown on what happened in Wednesdays session.
Brokerages cautious on Titan after Q1 update
Morgan Stanley has retained underweight rating on Titan with a target price of Rs 770.
SBI may invest up to Rs 1,760 crore in YES Banks FPO
Late on Tuesday, YES Bank said its CRC approved raising funds by way of a FPO.
Sebi, CBDT ink MoU for data exchange
It will also ensure that both CBDT and Sebi have seamless linkage for data exchange.
ADB plans to raise $30-35 billion from capital market this year; sells $4 billion global bonds
The 3-year bonds worth USD 4 billion, with a coupon rate of 0.25 per cent per annum payable semi-annually, have a maturity date of July 14, 2023.
MCX to begin mock trading for bullion, base metals futures from Thursday
The mock trading sessions will be held during 3.30-6.30 pm on all weekdays, except Fridays.
Havells has been Atmanirbhar for many years: Anil Rai Gupta
Today 100% of Lloyd products that we sell in India are completely manufactured in India.
Plunging MF equity inflows shows investors are relief profit booking: Sunil Subramaniam
I do not think there is any cause for panic here
Maruti Suzuki share price falls 3% on weak June output
Maruti Suzuki shares trade higher than 5, 20, 50 and 100-day but lower than 200-day moving averages. The large cap stock has fallen after 2 days of consecutive gain
Market breaks 5-day winning streak; IT shares drag
The market corrected on Wednesday, snapping a five-day rising streak. Mixed global cues triggered profit booking in domestic shares. IT stocks tumbled while metal shares
Govt approves Rs 12,450 crore capital infusion in 3 state-run general insurers
The recapitalization will make the three state-owned general insurance companies more stable, Javadekar said.
Taking Stock: Market snaps 5-day winning streak; Nifty holds 10,700 levels
The SP BSE Midcap index fell 0.39 percent while the SP BSE Smallcap index was down 0.43 percent.
Tech View: Bears make a comeback as bulls fail to take out 200-day SMA
Rohit Singre sees immediate support for Nifty in the 10,630-10,560 zone.
Coca-Cola to list products on Grameen eStore to push rural reach
The maker of Coca-Cola, Sprite and Minute Maid beverages reaches well over 3 million outlets in India.While companies have spent decades making inroads into Indias villag
Market develops cold feet ahead of Q1 earnings; Sensex snaps 5-day winning run, tanks 346 pts
As many as 22 Sensex stocks closed lower with RIL as the worst drag.
Equity fund inflows lowest since April 2016, SIPs see marginal dip
Equity mutual funds saw net inflows of 5,257 crore in May 2020.Total inflows in equity funds stood at 13,760 crore and total redemptions were 13,520 crore
F&O: Nifty may have weakened, but VIX suggests buy on decline
Options data suggested a wider trading range between 10,400 and 11,000 levels.
Look beyond largecaps and focus on dominant sectoral names: HSBC AMC
Bulk of the fiscal stimulus the government is providing is going into the rural economy
Selling inherited or gifted gold? You should know the tax rules
Gold can be held in physical form as jewellery, coins and bars, among others..The precious metal is a capital asset, so you need to pay tax on any capital gains you earn.
Equity inflows crashes 95% in June, SIP flows dip for 3rd month: Amfi
Total number of SIP folios saw a marginal jump to 3.23 crore from 3.20 crore
Govt moves SC against Bharti Airtels 9.23 billion GST refund
A two-judge bench at the high court, in May, had allowed the Sunil Mittal-led telecom major to seek GST refunds for the period of July-September 2017
Stock Markets Today: BSE Sensex, NSE Nifty end in red; Bajaj Finance, Asian Paints among top losers
After a lacklustre morning opening, stockmarketson Wednesday ended the day in the red. Both Sensex and Nifty 50 fell by over 0.9 per cent from the previous close on Tuesd
Quick Wrap: Nifty PSU Bank Index records a surge of 2.34%
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EPF support for businesses and workers extended till August
With total estimated expenditure of 4,860 crore, the move will benefit over 72 lakh employees.The central government had launched this EPF contribution scheme under Pradh
Analysts cut earnings estimate for Asian companies for fifth straight month
They lowered their estimates by 3.8% at end-June, after cutting their forecasts by 4.5% in May.
Sebi asks 5 individuals to make open offer to shareholders of Sungold Capital
Under Sebi norms, entities are required to make an open offer to the shareholders of a company in case their stakes go beyond a certain threshold.
Crude oil prices broadly stable despite rising virus cases, higher US crude stockpiles
US West Texas Intermediate (WTI) crude futures dropped 8 cents to $40.54 a barrel.
Bharat Dynamics Ltd leads losers in 'A' group
Triveni Turbine Ltd, Prism Johnson Ltd, Nippon Life India Asset Management Ltd and Omaxe Ltd are among the other losers in the BSE's 'A' group today, 08 July 2020.
Gold pierces $1,800 barrier in run to 9-year peak as virus woes mount
US gold futures rose 0.2 per cent to $1,812.90 per ounce.
Rossari Biotech IPO price band fixed between Rs 423-425 per share; set to open on July 13
Rossari Biotech IPO:This Mumbai-based chemical firm is all set to list on the stock markets. The listing of the Initial Public Offer (IPO) is slated on the Indian Exchang
Arvind SmartSpaces Ltd leads losers in 'B' group
STL Global Ltd, Mangalore Chemicals & Fertilizers Ltd, Tera Software Ltd and R Systems International Ltd are among the other losers in the BSE's 'B' group today, 08 July
Rossari Biotech IPO to open on Monday; price band fixed at Rs 423-425 per share
The IPO would be a mix of fresh issue and offer for sale (OFS).
CEAT slips after Jwalamukhi Investment trims stake
CEAT fell 0.94% to Rs 911.15 after Jwalamukhi Investments Holdings reduced stake in the tyre manufacturer to 8.72% from 10.92% till 6 July 2020.
Volumes jump at Gulf Oil Lubricants India Ltd counter
Gulf Oil Lubricants India Ltd saw volume of 6.48 lakh shares by 14:19 IST on NSE, a 29.77 fold spurt over two-week average daily volume of 21759 shares
Share market update: PSU bank shares up; Canara Bank jumps 8%
The Nifty PSU Bank index was trading 5.18 per cent up at 1554.35.
Sensex, Nifty bounce back; metals rally
Key benchmark indices bounced back in positive terrain in mid-afternoon trade. At 14:23 IST, the barometer index, the S&P BSE Sensex, was up 45.78 points or 0.12% at 36,7
Rossari Biotech's Rs.494- Rs. 496 Cr IPO To Open On July 13
After a hiatus of almost 4 months in the IPO market owing to corona led lockdown, Mumbai-based specialty chemicals company Rossari Biotech is all set to launch its IPO on
Buy Apollo Tyres, target price Rs 135: Sharekhan
The brokerage expects strong 43% earnings CAGR for Apollo over FY20-22, which would be among the fastest in the tyre space.
Share market update: FMCG shares mixed; United Spirits climbs 5%
The Nifty FMCG index was trading 1.25 per cent up at 30900.95.
Often wrong, but rarely in doubt! What really leads to bad decisions
We make many mistakes in judgement like the six blind men.
UTI MF segregates Zee Learn papers in two schemes
Existing investors shall be allotted an equal number of units in the segregated portfolio as those held in the main portfolio, the mutual fund house said.