While asking the Maharashtra government to rework its memorandum seeking central funds for drought relief, Union agriculture minister Sharad Pawar on Wednesday assured to consider its demands in this regard in the EGoM meeting scheduled next week.
PN Vijay, Portfolio Manager, spoke about his multi-bagger ideas while giving his reading on the market on CNBC-TV18.
PK Goyal, director of finance at IOC, said that as per the official letter received by the Ministry of Petroleum, IOC’s share in the additional subsidy for upstream companies is only Rs. 2,300 crore but the company will still be having a subsidy burden of Rs 3,800 crore for this year.
Nifty has been at its volatile best, a lot of pressure which took the Nifty down to 5400 in the middle of the day, thought it has see a pullback from there. CNBC-TV18’s Udayan Mukherjee says the L&T fourth quarter results on Thursday and the upcoming EGom meeting will help the to gauge the market range.