May 07, 2021 09:46 PM IST
A steady decline in the Copper inventories in the LME monitored warehouse further signalled towards a tighter market which further strengthened the prices.
- May 07, 2021 09:36 PM IST
The finance cost during the quarter reduced considerably to Rs 377.18 crore, down by 25.5 percent YoY. Likewise, for the year FY21, the finance cost declined 25.4 percent to Rs 1,485.65 crore.
- May 07, 2021 08:10 PM IST
The jobs report alleviated concerns about rising inflation and potentially higher U.S. interest rates which would weigh on the valuations of growth companies.
- May 07, 2021 06:46 PM IST
Gold prices were boosted by a fall in the dollar index and a decline in US bond yields.
- May 07, 2021 06:02 PM IST
A selection of articles and social media gems from the world of economy, business and finance
- May 07, 2021 05:54 PM IST
Inflation and financial results of L&T, Asian Paints, Voltas, Dr Reddy’s Labs, and Cipla are the key events to watch out for
- May 07, 2021 05:17 PM IST
Traders should wait for further strength before initiating fresh long positions in the index, Mazhar Mohammad of Chartviewindia has said.
- May 07, 2021 05:00 PM IST
The Nifty metal index rallied 4.7 percent, while the PSU bank index was the only loser.
- May 07, 2021 04:55 PM IST
The oil price has come under pressure after testing the highest level since early March.
- May 07, 2021 04:45 PM IST
Nifty has to hold above 14750 zones to witness an up move towards 15000 -15050 zones while on the downside support exists at 14700 and 14600 zones, suggest experts.
- May 07, 2021 04:27 PM IST
More than 250 stocks including NMDC, JSW Steel, Steel Strips Wheels, Mastek hit a fresh 52-week high on the BSE.
- May 07, 2021 04:24 PM IST
On the MCX Natural Gas May resistances remain at Rs 218.40-221.30 whereas supports are at Rs 213.60-211.50 levels.
- May 07, 2021 03:55 PM IST
Both the momentum indicators RSI and MACD are also confirming positive moves for the metal.
- May 07, 2021 02:42 PM IST
In today’s edition of Moneycontrol Pro Panorama: Tailwinds for global trade, the commodity scorcher, Weekly Tactical, Coforge’s growth code, blind spots in global financial system and more
- May 07, 2021 02:23 PM IST
Stocks held by Khanna are from midcap and smallcap segments. In 2021, the BSE midcap and smallcap indices have gained 14 percent and 22 percent, respectively, outperforming the Sensex that has gained 2 percent, so far.
- May 07, 2021 02:10 PM IST
The board of directors has recommended a dividend of Rs 23 per equity share for the financial year 2020-21.
- May 07, 2021 02:04 PM IST
This feasibility study for a JV with JFE Steel will strengthen company's position as India's leading manufacturer of advanced steel products that lead to reduced CO2 emissions and a more sustainable world, said Seshagiri Rao of JSW Steel.
- May 07, 2021 01:31 PM IST
As long as 15 minutes cycle's low near 14415 is protected, prices can show range-bound movement with a positive bias. A break below 14,415 will suggest cycles are entering into a sell zone, which can take it lower towards the earlier support area of 14,200.
- May 07, 2021 01:13 PM IST
The central bank points to the collapse of Archegos Capital as an example of hidden vulnerabilities
- May 07, 2021 12:10 PM IST
Ace investor Rakesh Jhunjhunwala has made some significant changes to his stocks portfolio. Watch this video to more about the churn in the Big Bull's holdings at the end of March 2021 quarter.
- May 07, 2021 11:24 AM IST
Liquidity is a friend of the trend, but it comes at a price, said the analyst
- May 07, 2021 10:08 AM IST
The fabric and fashion retailer reported a consolidated net profit of Rs 58.36 crore for the fourth quarter ended March 2021. Its total income was up 9.03 percent to Rs 1,407.45 crore as against Rs 1,290.87 crore in the corresponding period of the previous fiscal.
- May 07, 2021 10:00 AM IST
Despite weakness in the Dollar index, we believe the USDINR pair is trading near its support levels and a round of upsides can be seen in coming sessions, says ICICI Direct.
- May 07, 2021 09:55 AM IST
While experts advise investors to book partial profits, they warn against the tendency to blindly follow FIIs and trim portfolios. Since consolidation in large-caps are likely in the days ahead, they ask investors to exit small-cap and mid-cap stocks.
- May 07, 2021 09:48 AM IST
The exceptional loss for the current quarter (at Rs 63.93 crore) mainly represent costs relating to the business restructure and reorganisation of Rs 18 crore and loss on disposal of an overseas subsidiary/joint venture of Rs 46 crore, the company said.