In the futures market, silver for December delivery touched an intraday high of Rs 58,755 and a low of Rs 57,652 per kg on the MCX.
The company approved the payment of an interim dividend of Rs 2 per equity share of face value Rs 10 each for the financial year 2020-21 to the shareholders.
So far, the IPO season has been strong, especially a dry spell of three months after SBI Card.
West Bengal Chief Minister Mamata Banerjee said that cinema halls and open-air theatres will be allowed to operate in the state from October 1.
Sectorlly, the action was seen in the public sector, power, auto, banks, and oil & gas while some profit-taking as visible in the IT space.
The NFO is an open-ended equity scheme and it will open for subscription from September 28 2020 till October 12.
S&P BSE Bankex added over 2 percent led by IndusInd Bank, Federal Bank, Axis Bank and Bandhan Bank followed by ICICI Bank, RBL Bank, State Bank of India and Kotak Mahindra Bank.
Gulf Oil Lubricants India announced a long term strategic partnership with S-Oil Corporation, South Korea to exclusively manufacture and market their entire range of lubricants under the brand - ‘S-Oil Seven’ for the Indian market.
Analysts say last's week's fall in the market was expected as valuation was irrational.
The order to be executed between January, 2021 to January, 2022.
For a country which welcomes foreign direct, as well as institutional, investment, it is hypocritical to be overly suspicious of non-corporate funds
Brent crude fell 23 cents, or 0.6%, to $41.69 a barrel by 0243 GMT after dropping 2.9% last week. U.S. West Texas Intermediate was at $40.04 a barrel, down 21 cents or 0.5%, following a 2.1% decline last week.
It may not be easy for the government to appeal in appropriate courts challenging the Permanent Court of Arbitration order. However, an attempt to initiate an introspection of existing laws that hamper business growth will go a long way in establishing India as a global leader
The global research firm has maintained buy rating with target at Rs 76 per share. It is of the view that rural portfolio is leading recovery in demand
Liquidity measures are already in place, however, the recent GSec auctions as well OMO operations are symptomatic of the strains in yield management.
"Gold is going to be driven by the tenor of the U.S. dollar," said Stephen Innes, chief market strategist at AxiCorp.
The season is set to close with a healthy growth over the average. While sowing is also estimated to be higher over a year ago, the initial high growth estimates have been pared
Since the beginning of 2019, the growth in bank credit has come down. What did banks do with their funds?
There were pending buy orders of 500 shares, with no sellers available.
The research firm is of the view that the company is set for a ESG rating upgrade. It has raised its ESG score for NTPC by 11 percent adding that it will expand regulated equity by 35 percent and RoE by 163 bps over FY20-22.
Experts are of the view that for bulls to reclaim control, a break above 11,250-11,300 for Nifty is required
73.90-74.20 shall keep acting as strong resistance zone for USDINR pair, says Jateen Trivedi, Senior Research Analyst (Commodity & Currency) at LKP Securities.
The board approved raising Rs 250 crore through issue of 2,500 non-convertible debentures (NCDs) on a private placement basis, in one or more tranches.
Existing investors should definitely hold on to their position and new investors should look for correction to quietly build a position in Coforge.
On the downside, the level of 10800 is a crucial level for the Nifty50 and a breach of which could be used by investors to buy at lower levels.