11843 stories by IPA Staff
SBI, BPCL, Hero MotoCorp among stocks to buy, technical charts suggest Nifty may ride towards 14,800
There is a possibility of a further upside that may continue to push the index upwards, till 14800. Image: Reuters By Shrikant Chouhan The market continued to remain positive for the second day in a row. On Tuesday, once again the benchmark index — Nifty/Sensex opened with a strong...
Gold Prices See a Decline, Silver on the Rise
Gold prices struggled to move up in Indian markets on Wednesday, April 28. According to Good Returns, the gold rate for one gram of 22-carat in the country fell Re 1 at Rs 4,479 from Rs 4,480 the previous day. Similarly, the price of 10 grams of 22-carat-gold noticed...
Zomato Rs 8,250-cr IPO set to hit D-street; Naukri.com parent to sell Rs 750-cr shares via OFS
Online food delivery platform Zomato is looking to raise a massive Rs 8,250 crore through its much-awaited initial public offering (IPO). Online food delivery platform Zomato is looking to raise a massive Rs 8,250 crore through its much-awaited initial public offering (IPO). In its DRHP, filed with the capital...
Gold prices fall for 5th straight day ahead of US Fed decision; check MCX gold support, resistance levels
Indian rupee is also trading below 75 zone, putting downward pressure on MCX prices Gold prices fell for the fifth straight day on Wednesday, following international trends as investors awaited the US Federal Reserve policy decision. MCX gold June futures were trading Rs 208 or 0.44 per cent down...
Market LIVE: Sensex jumps 200 points, reclaims 49,000, Nifty tops 14,800 in pre-opening session
Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 were trading higher in the pre-opening session on Wednesday via India Infoline
Sensex, Nifty on two-data gaining streak; 5 things to know before today’s opening bell
There could be potential for further upside in the near term. (Image: REUTERS) Domestic equity benchmarks have now been gaining for two consecutive trading sessions. S&P BSE Sensex sits at 48,944 points while the 50-stock NSE Nifty is at 14,653. On Wednesday morning, cues from global peers were mixed...
SBI Cards: Maintain ‘buy’ with unchanged TP of Rs 1,155
Credit costs remained elevated at 11% (annualised) vs an average c12% in the previous four quarters (and lower than the 13.7% in 4QFY20). By HSBC Global Research 4QFY21: Lower-than-expected advances yields drove the PAT miss; credit costs in line with expectations. Gross stressed loans (including restructured loans) declined sequentially...
TMB may hit IPO market with Rs 1,000-1,300 cr issue by Nov
On the strategies for the FY 2021-22, Moorthy said there would be increased thrust on consistent CASA growth, credit growth with specific focus on retail lending. The bank will leverage technology for business development and to enhance delivery efficiencies of all banking services. Private sector lender Tamilnad Mercantile Bank...
Rice output rising continuously, thanks to 2 high-yield varieties from ICAR
“If the prediction of IMD comes true, farmers will realise the efficacy of CR Dhan 801 and this will help grow the variety,” Singh said. At least 20,000 quintal of seeds (sufficient for 60,000 hectare) of this variety may be available during kharif 2021 season in eastern UP, he...
China Adopts New Anti-espionage Regulation to Prevent ‘Foreign Infiltration’ in Key Firms
China has rolled out a new anti-espionage regulation, under which the national security authority will draw up lists of companies and organisations that are susceptible to foreign infiltration and require security measures to deal with the threats. Since “foreign spies, intelligence agencies and other hostile forces” have intensified their...
Cong Leader Announces Reward to Trace ‘Missing’ BJP MP Pragya Thakur Amid Covid Crisis, BJP Hits Back
A Madhya Pradesh Congress leader on Tuesday said BJP MP from Bhopal Pragya Singh Thakur is “missing” at a time when her Lok Sabha constituency is recording a high number of COVID-19 cases, and offered a Rs 10,000 reward to trace her. In a statement here, state Congress general...
SBI General Insurance to Bear Cost of Covid-19 Vaccination for Active Agents, POSPs
State Bank of India (Reuters Image) The vaccination is extended to all advisors who have remained active with the insurer since March 2020 and are eligible for vaccination under the government’s current norms, a release said. PTI Mumbai Last Updated:April 27, 2021, 18:45 IST FOLLOW US ON: Private non-life...
Amarinder Singh Dares Navjot Singh Sidhu
In what could blow up into a major face-off as it threatens to trigger a full-fledged political war in Punjab Congress, Chief Minister Amarinder Singh on Tuesday dared his bête noire and senior party colleague Navjot Singh Sidhu to contest against him from Patiala and accused him of breaching...
Adani Ports Waives Charges for Ships Carrying Covid Equipment, Gives Priority Berthing
Adani Ports and SEZ (APSEZ), the nation’s largest private sector operator of sea ports, has waived charges for ships exclusively carrying COVID-related equipment, and said such vessels will be given priority berthing. Billionaire Gautam Adani’s group has also secured about two dozen cryogenic tanks for transporting medical oxygen, from...
EC Orders Surveillance of Anubrata Mondal for Free Polls As Mamata Asks Him to Stay Away from CBI Summons
The Election Commission of India (EC) on Tuesday issued orders to keep Trinamool Congress leader Anubrata Mondal under strict surveillance of the executive magistrate and CAPF from 5pm on Tuesday till Friday 7am to ensure free and fair polling. The decision was taken in the wake of the chief...
Sensex Rallies 558 Points; Nifty Ends Above 14,650
Equity benchmark Sensex rallied 558 points on Tuesday, driven by gains in index heavyweights Reliance Industries, HDFC Bank and L&T. The 30-share BSE index ended 557.63 points or 1.15 per cent higher at 48,944.14. Similarly, the broader NSE Nifty surged 168.05 points or 1.16 per cent to 14,653.05. L&T...
RIL, HDFC Bank lift Sensex over 550 pts, Nifty ends above 14,650; here’s what analysts make of today’s trade
All the Nifty sectoral indices ended in the positive territory. Nifty PSU Bank index gained 2.3 per cent, BSE Sensex and Nifty 50 ended over one per cent higher on Tuesday, on the back of across-the-board buying mainly in Reliance Industries Ltd (RIL), HDFC Bank, ICICI Bank, Larsen &...
Amazon and Flipkart Have Now Started Taking Undue Advantage of the Pandemic: Traders’ Body
Confederation of All India Traders (CAIT), in a letter to Commerce Minister Piyush Goyal, said that large e-commerce companies are continuing to supply non-essential items despite government orders to avoid such deliveries. “In furtherance of the illegal activities being carried out by Amazon and Flipkart, they have now started...
