Markets
Covid surge hits sugar demand
Maharashtra, Rajasthan, Chhattisgarh, Delhi and Uttar Pradesh are among states that have imposed various curbs this month after steep hike in Covid-19 cases. Consumer demand for sugar has been affected due to lockdown and curfew restrictions by various state governments amid surging covid cases, industry leaders said. Prakash Naiknavare,...
Crypto exchange Bitex begins providing cryptocurrency investment disclosure following govt mandate
Bitex offers six cryptos including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, XRP to its investors. UAE-based cryptocurrency exchange Bitex on Tuesday said it has started providing investment declaration report for all its retail and institutional investors to become the first exchange in India to comply with the recent amendments...
Bombay Oxygen Investments stock soars 133% in one month as investors mistake NBFC for oxygen producer
Bombay Oxygen Investments, a non-deposit taking non-bank financial company, has a market capitalisation of Rs 350 crore. Bombay Oxygen Investments share price has skyrocketed a massive 133% in less than one month, as the country grappled with a sudden surge in demand for oxygen. Investors fervently bought shares of...
Sensex, Nifty end in red for second day straight; are bears now in control on Dalal Street?
IT stocks along with HDFC and HDFC Bank were among the top index drags. (Image: REUTERS) Domestic benchmark indices ended in the red for the second day straight on Tuesday. S&P BSE Sensex closed 243 points lower at 47,705 while the Nifty 50 index was just shy of 14,300....
Market valuations seem overextended; these sectors could be hit by localised lockdowns | INTERVIEW
Although domestic stock markets have corrected from their all-time highs, market valuations still seem to be overextended given the economic outlook. Although domestic stock markets have corrected from their all-time highs, market valuations still seem to be overextended given the economic outlook, said Investment advisor Sandip Sabharwal in an...
Aditya Birla Sun Life AMC files DRHP with SEBI for IPO; parent Aditya Birla Capital to trim holding
Aditya Birla Sun Life AMC, a subsidiary of Aditya Birla Capital, has filed a draft red herring prospectus (DRHP) for its initial public offering. (Image: REUTERS) Aditya Birla Sun Life AMC, a subsidiary of Aditya Birla Capital, has filed a draft red herring prospectus (DRHP) for its initial public...
Global fund managers believe S&P 500 will outperform in 2021; tech stocks gaining investor interest
Among US equities, technology stocks seem to be getting back in action. (Image: REUTERS) An increasing number of global fund managers believe that the S&P 500 will outperform in 2021, according to Bank of America’s Global Fund Manager Survey (FMS). Now, 34% of survey participants believe that S&P 500...
Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities
Petrol and diesel rates remain unchanged. (Image: Reuters) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel were unchanged today for the fourth day running. Fuel prices were cut on April 15 after having remained unchanged for fifteen consecutive days earlier. Today...
HCL Technologies, Future Retail, Adani Ports, Crisil, Tech Mahindra, among stocks in focus
On Tuesday morning, Hang Seng, Topix, and Nikkei 225 were trading with losses. Meanwhile, Shanghai Composite, KOSPI and KOSDAQ were trading with gains. (image: REUTERS) SGX Nifty hints at a positive opening for domestic markets, a day after benchmark indices tanked. Global cues were, however, mixed as Wall Street...
Share Market LIVE: Sensex, Nifty may open in green; all adults eligible for vaccine as covid-19 cases surge
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Wall Street closed with losses on Monday while among Asian peers only KOSPI and KOSDAQ were trading with gains on Tuesday. via India Infoline
