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Bombay High Court has granted an interim injunction against Zee Entertainment's shareholder Invesco, restraining it from calling a shareholders' meet...
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Cryptocurrency products and funds had record inflows last week to the tune of $1.5 billion...
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ICICI Bank reported a 29.6 percent increase in net earnings to Rs 5,511 crore in the quarter ended September 2021 compared to Rs 4,251.3 crore in the year-ago duration ...
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Reliance Industries, Kotak Mahindra Bank, Bajaj Financing, ITC, Tata Steel and Asian Paints were amongst the leading movers in the Sensex ... The Indian equity criteria acquired for second straight session on Tuesday led by gains in Reliance Industries, Kotak Mahindra Bank, Bajaj Finance, ITC, Tata Steel and Asian Paints. After staging a gap up opening, the benchmarks, traded in a variety bound way in the very first half of the session. Nevertheless, consistent buying interest in car and metal shares lifted the criteria to close at intraday highs in the latter part. The Sensex rose as much as 531 indicate strike an intraday high of 61,497.71 and Nifty 50 index touched an intraday high of 18,310. The Sensex advanced 383 points to close at 61,350 and Nifty 50 index advanced 142 points to settle at 18,268. Buying was visible across the board as all the 19 sector determines compiled by the BSE ended higher led by the S&P BSE Realty index's over 3 per cent gain. Metal, Car, Oil - & Gas, Consumer Durables, Energy, Customer Discretionary Item - & Solutions, FMCG, Industrials and CONSUMER DURABLES indices likewise increased between 1-2.9 per cent.Mid- and small-cap shares surpassed their bigger peers as S&P BSE MidCap index advanced 1.75 per cent and S&P BSE SmallCap index rose 2.2 per cent.Among the individuals shares, Ceat Limited fell as much as 7.94 per cent to hit an intraday low of Rs 1,191 after its earnings decreased in the second quarter of the current financial year.Canara Bank tipped over 4 per cent to close at Rs 193 regardless of its revenue tripling in September quarter.Kotak Mahindra Bank ended 2.77 per cent greater at Rs 2,214 after its asset quality enhanced in second quarter of the present monetary year.Tata Motors was the leading Clever gainer, the stock rose 5.84 per cent to close at Rs 508. Tata Steel, SBI Life, Nestle India, Titan, JSW Steel, Hindalco, Bajaj Finance, Asian Paints and Tata Customer Products also rose in between 2.8-4 per cent.On the flipside, IndusInd Bank, ICICI Bank, Power Grid, NTPC, HDFC Bank, Dr Reddy's Labs, Bharat Petroleum, TCS, Hindustan Unilever, Adani Ports and Axis Bank were among the losers.The total market breadth was favorable as 2,218 shares ended greater while 1,0556 closed lower on the BSE.
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Finance Minister said that ministries need to pool in efforts to make sure greater capital investment in the next few months to accomplish higher development ...
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Reliance Industries - reported combined net profit of Rs 13,680 crore marking an increase of 43 percent on a year-on-year basis ... Reliance Industries shares tipped over 2 per cent.Shares of Reliance Industries edged lower after it revealed September quarter earnings post market hours on Friday. Reliance Industries share price fell as much as 2.17 percent to strike an intraday low of Rs 2,570.10 on the BSE. The billionaire Mukesh Ambani-led oil-to-telecom conglomerate - Reliance Industries - reported consolidated net profit of Rs 13,680 crore marking a boost of 43 percent on a year-on-year basis. Its revenue from operations jumped 50 per cent each year to Rs 1.74 lakh crore compared with Rs 1.16 lakh crore during the very same duration in 2015. The better-than-expected September quarter earnings by the nation's most valued business came on the back of greater need of oil products.Reliance Industries revenues prior to interest, tax, devaluation and amortization (EBITDA) also known as the operating earnings can be found in Rs 30,283, up practically 30 per cent.Its oil-to-chemicals (O2C) segment's earnings rose 58 percent to Rs 1,20,475 crore benefitting from sharp recovery in need throughout items, increase in oil prices, and greater transportation fuel margins.The business's telecom arm - Reliance Jio's net profit in the July-September period stood at Rs 3,728 crore, compared to Rs 3,019 crore in the matching period in 2015, marking a development of 24 per cent year-on-year, according to the stock exchange filing by Reliance Industries.Jio's average revenue per user (ARPU), a crucial metric to evaluate the efficiency of a telecom company, improved to Rs 143.6 per user per month from Rs 138.4 in the preceding April-June quarter.During the quarter, Reliance Retail Ventures Limited (RRVL), a subsidiary of the Business obtained on preferential basis 21,177,636 Equity Shares of Rs 10 each completely paid-up, representing 25.35 per cent of the post preferential equity share capital of Simply Dial Limited, aggregating Rs 2,165 crore.All key operating sector contributed positively to profits development, Reliance Industries said in a statement.As of 11:40 am, Reliance Industries shares traded 0.46 per cent lower at Rs 2,615, underperforming the Sensex which was up 0.2 percent.
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Tax earnings, budgeted at Rs 15.45 lakh crore for the year to March 31, have been below projections since 2017-18 ... Government anticipates tax profits for the current fiscal year to be 10 percent above spending plan, beating projections for the first time in four years, 2 authorities said, as the economy powers back towards pre-pandemic levels.Tax incomes, budgeted at Rs 15.45 lakh crore for the year to March 31, have actually been listed below projections since 2017-18, as the economy lost momentum even before COVID-19 and after that slipped into a deep recession.But now retail sales have picked up and exports are rising at a record rate, suggesting it is rebounding faster than prepared for after a destructive 2nd wave of coronavirus infections this year.India's economy grew 20.1 percent between April and June, versus a 24.4 per cent contraction throughout the same period in 2015. Activity levels have actually enhanced a lot. All signs are showing a faster-than-anticipated healing, we are set to beat our own (tax) approximates this year if all remains well, the second authorities said.The finance ministry did not right away respond to emails and messages looking for talk about tax revenues.If tax payments stay strong and the federal government has the ability to strike the 2021-22 target for incomes from its continuous privatisation programme, then it will have the ability to beat its fiscal deficit projection of 6.8 per cent by as much as 30-40 basis points, the 2nd authorities said.India aims to raise Rs 1.75 lakh crore in the present through sales of stakes in state-run companies and is hoping the sale of Air India to corporation Tata will offer an impetus.The listing of totally state-owned Life Insurance coverage Corp. (LIC) could fetch up to a further Rs 1 lakh crore, according to another government official. We are working extremely hard to finish the listing of LIC and we ought to have the ability to do it by March, the third authorities said.Ratings firm Moody's Investors Service this month upgraded its outlook on India to steady from unfavorable, saying drawback threats in the country and its financial institutions had relieved.
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RBI Guv said that some times auditors fail to assess adjustments in accounting practices and worried on the need to be more alert towards this ...
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HSBC Holdings reported a surprise 74% rise in third quarter earnings as concerns about pandemic-related bad loan receded, enabling it to announce a share buyback of $2 billion ... HSBC's London-listed shares have gotten 15% so far this year.Singapore/ London: HSBC Holdings reported a surprise 74% rise in 3rd quarter revenue as issues about pandemic-related bad loan receded, enabling it to announce a share buyback of $2 billion.HSBC nevertheless stated its expense forecasts for 2022 had increased to $32 billion from $31 billion, due to the pressures of inflation. While we maintain a careful outlook on the external danger environment, we believe that the lows of recent quarters lag us, Chief Executive Neil Quinn stated in the outcomes declaration on Monday.Quinn, who was confirmed in the role in 2020 just as the pandemic-induced economic crisis began, is betting on Asia to drive development, by moving global executives there and ploughing billions into the profitable wealth business.The bank posted pretax earnings of $5.4 billion for the quarter to September, versus $3.1 billion a year earlier and the $3.78 billion typical price quote of 14 analysts compiled by HSBC.HSBC released $700 million in cash it had put aside in case pandemic-related bad loans increased, rather than the exact same time a year ago when it took an $800 million charge in expectation of such soured debts.In reality economic conditions have actually improved while loans have actually carried out much better than expected, the bank said. The arise from the London-headquartered bank come as competitors such as Citigroup are riding a M-A boom, while fending off weak point in the lending business.HSBC's investment banking business nevertheless saw earnings fall compared to the same period a year ago as its worldwide financial obligation service in specific softenedIt is the 2nd big British lending institution to report strong results for the quarter, after Barclays on Thursday doubled profits on the back of a strong performance from its financial investment bank advisory business.HSBC's London-listed shares have actually gained 15% up until now this year compared to a 5% increase in shares of Asia-focussed competing Standard Chartered, while Barclays is up 35% and U.S.-listed Citi has actually placed on 16%.(This story has actually not been modified by TheIndianSubcontinent personnel and is auto-generated from a syndicated feed.)
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India got its very first import of liquefied gas (LNG) from Russia's Yamal LNG task over the weekend, Refinitive Eikon LNG flows data revealed ... The cargo was supplied by Russian gas firm Gazprom under its long-lasting LNG sales handle GAIL (India). London/New Delhi: India got its very first direct cargo of melted gas (LNG) from Russia's Yamal LNG project over the weekend, Refinitive Eikon LNG streams data showed.The cargo was supplied by Russian gas company Gazprom under its long-term LNG sales deal with GAIL (India) Ltd, an industry source said.The freight on board the Marshal Vasilevsky cruised through the Northern Sea Path, Pacific Ocean and Indian Ocean before getting to GAIL's Dabhol terminal over the weekend, the ship-tracking information showed.Appeal of gas products to India under long-term agreements has increased after a rise in area LNG prices.GAIL did not respond to Reuters' ask for comment.(This story has not been modified by TheIndianSubcontinent personnel and is auto-generated from a syndicated feed.)
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Days after Tata Sons emerged as the successful bidder to take control of Air India, the government on Monday tattooed a share purchase pact with it ...
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ICICI Bank reported a 29.6 per cent rise in net profit to Rs 5,511 crore in the quarter ended September 2021 compared to Rs 4,251.3 crore in the year-ago period...
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Zee Entertainment Enterprises Ltd said on Tuesday its board meeting to consider and approve the firm's financial results for the second quarter has been cancelled due to lack of quorum....
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Competition Commission of India has actually cleared HDFC Bank's acquisition of 4.99 per cent stake in HDFC ERGO General Insurer ...
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Selling pressure was broad-based as fifteen of 19 sector assesses assembled by the BSE were trading lower led by the S&P BSE Real estate index's over 3% fall ... The Indian equity criteria extended losses on Monday dragged down by offering pressure in heavyweights like Infosys, HDFC Bank, Kotak Mahindra Bank, Bharti Airtel, Asian Paints and Tata Consultancy Providers. The Sensex fell as much as 942 points from the day's highest level and Nifty 50 index fell listed below its crucial mental level of 18,000. As of 10:03 am, the Sensex was down 299 points at 60,522 and Nifty 50 index declined 139 points to 17,976. Asian shares edged higher on Monday ahead of a week loaded with major quarterly earnings announcements though news of trials of a residential or commercial property tax in China weighed on Hong Kong and mainland Chinese markets.MSCI's broadest index of Asia-Pacific shares outside Japan increased 0.26 per cent while Japan's Nikkei lost 1 per cent on softer revenues by a number of regional companies.Chinese blue chips were flat, though a genuine estate index shed 3 per cent, while the Hong Kong benchmark gained 0.18 per cent regardless of a 2.6 per cent fall in an index of Hong Kong noted mainland residential or commercial property firms.Back home, selling pressure was broad-based as fifteen of 19 sector gauges put together by the BSE were trading lower led by the S&P BSE Real estate index's over 3 per cent fall. Fundamental Materials, Customer Discretionary Product - & Services, FMCG, Healthcare, Industrials, IT, Telecom, Utilities, Vehicle and Customer Durables indexes also tipped over 1 per cent each.On the other hand, BSE Bankex advanced 1.2 per cent. Oil - & Gas and Energy shares were also experiencing buying interest.Mid- and small-cap shares were underperforming their bigger peers as S&P BSE MidCap index dropped 2 percent and SmallCap index fell 2.1 per cent.Asian Paints was the leading Nifty loser, the stock fell 3 percent to Rs 2,891 after The Hindu BusinessLine reported that a whistleblower has actually declared associated party transactions by its promoters. Divi's Labs, IndusInd Bank, Shree Cements, HCL Technologies, Adani Ports, Tata Motors, Titan, Bajaj Vehicle, Wipro, Grasim Industries, Kotak Mahindra Bank, Bajaj Finserv, ITC and SBI Life also fell in between 1.8-2.9 per cent.On the flipside, ICICI Bank surged over 8 per cent to strike record high of Rs 827.65 after the bank reported a 29.6 per cent rise in net earnings to Rs 5,511 crore on a standalone basis for the July-September quarter in the fiscal year 2021-22, compared to Rs 4,251.3 crore in the year-ago period. The bank's net non-performing properties (NPAs) were Rs 8,161 crore in the September quarter, compared to Rs 9,306 crore in the preceding April-June quarter. The net NPA ratio was 0.99 per cent by the end of September 2021, compared to 1.16 per cent by June 2021. ONGC, Axis Bank, Mahindra - & Mahindra, Indian Oil, NTPC, Cipla, Reliance Industries and State Bank of India were likewise among the notable gainers.The general market breadth was very negative as 2,177 shares were decreasing while 641 were bearing down the BSE.
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Gold futures fell on Tuesday, October 26, taking hints from the international area costs. On the Multi Commodity Exchange (MCX), gold futures due for a December 3 shipment, were last seen down 0.21... Domestic spot gold with purity of 24 carats opened at Rs 48,346 per 10 grams.Gold Cost In India: Gold futures fell on Tuesday, October 26, taking hints from the worldwide spot costs. On the Multi Product Exchange (MCX), gold futures due for a December 3 delivery, were last seen down 0.21 per cent - at Rs 48,100, compared to the previous close of Rs 48,200. Silver futures due for a December 3 shipment were last seen down 0.74 percent at Rs 65,650 against the previous close of Rs 66,139. Domestic spot gold with pureness of 24 carats opened at Rs 48,346 per 10 grams on Tuesday, and silver at Rs 65,793 per kilogram - both rates omitting GST (products and services tax), according to Mumbai-based market body India Bullion and Jewellers Association (IBJA). Forex Rates: On the international front, gold prices edged lower, weighed down by an uptick in the United States dollar. Spot gold fell 0.1 percent to $1,805.96 per ounce. U.S. gold futures was flat at $1,806.60. The dollar increased 0.1 percent, recuperating from a near one-month trough struck throughout the previous session.What Analysts Say: Manoj Dalmia, Creator and Director - Proficient Equities Ltd: Currently gold is at around Rs 48,200. It is in a bullish trend after it broke the major resistance level of Rs 47,170. Method for trading in gold should be to purchase assistance levels. Gold can discover support at around Rs 47,120 and Rs 47,540 areas. Target for gold, based on the width of bearish channel it made formerly, can be Rs 48,600 to Rs 48,650 location. Resistance levels in gold are at Rs 48,300 and Rs 48,700 areas. Ravi Singh, Vice President and Head of Research Study, ShareIndia: Gold MCX is technically in a very strong uptrend taking cues from the Comex Gold which was likewise supported by increasing worries about troublesome rate inflation in United States. The increasing demand in domestic gold due to enhanced retail buying and rising footfall at jewellery showrooms due to rewarding discount rates and offers has hold the costs. Buy Zone - Rs 48,000 for the target of Rs 48,350; Sell Zone listed below - Rs 47,900 for the target of Rs 47,600. Purchase Zone above - Rs 47,300 for the target of Rs 47,500; Offer Zone below - Rs 47,100 for the target of Rs 46,900. Amit khare, AVP- Research Study Commodities, Ganganagar Product Ltd: Yesterday we saw follow up buying in bullions. Bullions costs are constantly increasing since last 3 weeks, now the both metals are trading at overbought zone. One profit booking is pending in gold and silver. Momentum indication RSI also pointing out the very same on day-to-day chart. So traders are advised to schedule their longs and can make fresh brief positions in gold and silver in small bounce near provided resistance levels. They need to focus crucial technical levels given below for the day: December gold closing price Rs 48,200, Support 1 - Rs 48,050, Assistance 2 - Rs 47,900, Resistance 1 - Rs 48,300, Resistance 2 - Rs 48,450. December silver closing price Rs 66,139, Assistance 1 - Rs 65,750, Support 2 - Rs 65,200, Resistance 1 - Rs 66,510, Resistance 2 - Rs 67,000.
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On a year-on-year basis though, the company's profit went up by 25.8 per cent from Rs 1,065 crore...
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Shiba Inu token is down after Elon Musk said he doesn't own any ...
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Canara Bank's possession quality revealed a minor enhancement in September quarter as its gross NPAs came in at 8.42% versus 8.50% in the previous quarter ... Canara Bank shares fell 4% after incomes announcement.The Bengaluru-based public sector loan provider - Canara Bank - on Tuesday said that its net profit in 2nd quarter of the current financial year tripled on account of lower provisioning for bad loans, small enhancement in its property quality and higher other earnings. Canara Bank's net revenue in quarter ended September 2021 came in at Rs 1,333 crore as versus Rs 444 crore during the exact same quarter in 2015. Its net interest income or the difference between interest made on loans and interest used up on deposits declined a little to Rs 6,274 crore in September quarter from Rs 6,305 crore during the same quarter last year.Canara Bank's asset quality showed a slight enhancement in September quarter as its gross non-performing properties, as a percentage of overall advances, can be found in at 8.42 per cent versus 8.50 percent in the previous quarter. Its Gross NPAs in outright terms stood at Rs 57,853 crore.During the quarter Canara Bank's provisions for bad loans declined to Rs 2,678 crore compared with Rs 3,533 crore in the previous year.The earnings in 2nd quarter got a boost from 38 percent dive in other income which came in at Rs 4,268 crore. The Bank accomplished its target in top priority sector at 46.27 percent and farming credit at 20.49 per cent, Canara Bank stated in a press release.As on 30.09.2021, the Bank had 9,800 branches and 10,988 automatic teller devices (ATMs)As of 12:41 pm, Canara Bank shares traded 4 percent lower at Rs 194, underperforming the Bank Nifty index which was down nearly 1 percent. The stock was leading loser in the Nifty Bank index as well.
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E-commerce beauty huge Nykaa will open its initial public offering to subscribers on Thursday, aiming for a total evaluation of over $7 billion ...
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The domestic stock markets are expected to trade in green on Monday, taking cues from the worldwide markets. Asian shares began consistent ahead of a week loaded with significant quarterly earnings... Trends on SGX Nifty indicated a rise for the domestic markets.New Delhi: The domestic stock markets are anticipated to sell green on Monday, taking cues from the international markets. Asian shares began stable ahead of a week loaded with major quarterly incomes announcements, while the US dollar hovered near October lows after three weeks of risk-friendly sentiment hurt safe-haven currencies. Trends on SGX Nifty likewise indicated an increase for the marketplaces back house. The Clever futures were trading at 18,233.20 points or 0.49 per cent up, on the Singapore Stock Exchange.The criteria BSE Sensex had actually declined 101.88 points or 0.17 per cent to settle at 60,821.62. The more comprehensive NSE Nifty had shed 63.20 points or 0.35 percent to close at 18,114.90. Here Are Stocks To See Throughout Today's Session: Reliance Industries: RIL's earnings has leapt 43 per cent in the second-quarter of this financial year 2021-22 (FY22) as higher demand for oil items increased its essential oil-to-chemicals business. The conglomerate, led by billionaire Mukesh Ambani, has actually said that its consolidated earnings rose to Rs 13,680 crore in the Q2, from Rs 9,567 crore a year earlier.ICICI Bank: ICICI Bank has actually reported its greatest ever quarterly earnings on standalone basis at Rs 5,511 crore for Q2 on the back of healthy loan growth throughout verticals, aided by fall in bad loans. The lending institution had actually logged a standalone net revenue of Rs 4,251 crore in the year-ago period.Tata Elxsi: The business has actually reported a 58.9 per cent increase in its net profit increased in Q2. Tata Elxsi had signed up a net earnings of Rs 78.8 crore in the year-ago duration. Income from operations rose to Rs 595.3 crore in the 2nd quarter from Rs 430.1 crore in the matching period last fiscal.Hindustan Zinc: The Vedanta group company has reported a 3.9 percent rise in its net profit at Rs 2,017 crore for the quarter ended September 30, on the back of higher earnings from operations. Hindustan Zinc had actually published net revenue of Rs 1,940 crore in the year-ago period.Apollo Tyres: The home-grown tyre significant has actually introduced its European brand name Vredestein in India to accommodate exceptional vehicles and superbike sections. The business is considering around 30 percent market share in the section over the next 2 years with the Vredestein variety which would be locally produced from the business's plants in Tamil Nadu and Andhra Pradesh.
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The benchmark BSE Sensex increased 55 points or 0.09 percent to 61,022 in late early morning deals; while the more comprehensive NSE Nifty moved 42 points or 0.23 percent greater to 18,167 ... Top gainers in the BSE pack consisted of TechM, Titan, Tata Steel, Bajaj Financing, UltraTech Cements and SBI.New Delhi: Equity indices narrowed their morning gains on Tuesday in a highly volatile trade. The benchmark BSE Sensex increased 55 points or 0.09 percent to 61,022 in late early morning offers; while the wider NSE Nifty moved 42 points or 0.23 percent higher to 18,167. Sensex has quit around 400 points from its day's high of 61,405. Leading gainers in the BSE pack included Titan, Tata Steel, Bajaj Financing, UltraTech Cements and SBI with their shares rising as much as 2.53 percent. On the other hand IndusInd Bank, ICICI Bank, Hindustan Unilever and PowerGrid slipped as much as 1.46 percent in late morning deals.On the NSE platform, except for Nifty Pharma and Private Bank, all other sub-indices were trading in green with Nifty Real estate exceeding the index by climbing up as much as 2.75 per cent.BSE smallcap and BSE midcap jumped as much as 1.44 percent and 0.98 percent respectively.Shares of Kotak Mahindra Bank surged as much as 2.74 per cent to Rs 2,219.50 after the lender reported a 23.76 per cent quarter-on-quarter increase-- at Rs 2,032.01 crore-- in its net revenue for the July-September duration of fiscal year 2021-22 (Q2 FY22). The bank had published a revenue of Rs 1641.92 in Q1.Tech Mahindra's stock jumped as much as 1.91 per cent to Rs 1,553.80 after the lender reported a 25.75 percent year-on-year jump in its net earnings-- at Rs 1,338.7 crore-- for September quarter. Shares of TechM, nevertheless, gave up some the majority of the early gains as it touched a 52-week high, up around 6 percent to Rs 1,629.40, in intraday deals.Tyre maker Ceat Ltd fell as much as 2.92 per cent after the business reported a drop in net profit on greater input costs.Also Read: Ceat Shares Fall After Revenue Declines In September Quarter Markets believed inflation was transitory and margins will get changed with the volume growth. But the concern will likely continue for another quarter and the effect is visible in existing earnings, Vinod Nair, Head of Research at Geojit Financial Providers, told news agency Reuters.Some experts also warned that a near 30 percent gain in domestic benchmark indexes has heated up equity evaluations and cautioned that markets might see a steep correction in particular pockets.Many top-tier business consisting of India's leading car maker Maruti Suzuki, Larsen and Toubro (L-T) and cigarette maker ITC will report their revenues later this week.Meanwhile, foreign institutional financiers (FIIs) were net sellers in the capital market, as they offloaded shares worth Rs 2,459.10 crore on Monday, as per exchange data.
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Groww lets Indian retail investors invest in mutual funds, stocks, exchange traded funds and initial public offerings through its platform...
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Foreign institutional investors sold shares worth Rs 2,697.70 crore on Friday while domestic institutional financiers bought shares worth Rs 1,030 crore ... The Indian equity standards are set to open on a flat note as suggested by the Nifty Futures traded on the Singapore Exchange. The Nifty Futures on Singapore Exchange likewise referred to as the SGX Nifty Futures rose 0.08 percent or 15 indicate 18,159 amidst weak hints from other Asian markets. Asian shares began steady on Monday ahead of a week packed with major quarterly incomes announcements, while the dollar hovered near October lows after three weeks of risk-friendly belief hurt safe-haven currencies.HSBC and Facebook will both publish quarterly outcomes on Monday, in Asian trading and late U.S. hours respectively.Later in the week will be the turn of other benchmark heavyweights consisting of tech giants Microsoft, Apple and Alphabet, and European and Asian financial leviathans from Deutsche Bank and Lloyds to China Construction Bank and Nomura.On Monday morning, the local benchmark was flat with a 0.5 per cent gain in Australia stabilized by a 0.6 percent fall in Korea.Japan's Nikkei lost 1 percent and U.S. S&P 500 futures shed 0.18 per cent.Asian shares have mainly lagged their U.S. and European counterparts in current months generally due to regulatory ructions and worries of slowing growth in China.Back home, foreign institutional investors offered shares worth Rs 2,697.70 crore on Friday while domestic institutional financiers purchased shares worth Rs 1,030 crore.Reliance Industries will remain in focus after the Mukesh Ambani-led business published a 43 percent surge in second-quarter earnings that exceeded market expectations on Friday, as rising need and greater average market price for oil products enhanced its pillar oil-to-chemicals business.The Mumbai-based conglomerate's pandemic-hit energy and retail companies are seeing a huge rebound with travel back in complete swing and shoppers going back to stores as vaccination gets rate in India.Asian Paints will be on investors' radar after newspaper The Hindu BusinessLine on Saturday reported that a whistleblower has actually alleged associated party transactions by its promoters.
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Facebook's previous staff member Frances Haugen dripped reams of internal research studies showing executives knew of their sites' potential for harm, prompting a renewed US push for regulation ...
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Seven of 15 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Bank index' over 2 per cent gain....
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Fuel prices stayed the same on Monday, October 25, after increasing for 5 straight days. In the national capital, fuel and diesel rates stood at Rs 107.59 and Rs 96.32 per litre respectively,... Presently, petrol expenses 36.19 percent more than the cost at which jet fuel is sold to airlines.Petrol, Diesel Price Today: Fuel costs stayed unchanged on Monday, October 25, after rising for 5 straight days. In the nationwide capital, gas and diesel rates stood at Rs 107.59 and Rs 96.32 per litre respectively, according to Indian Oil Corporation.Currently, gas expenses 36.19 per cent more than the price at which aviation turbine fuel (ATF or jet fuel) is sold to airline companies. ATF in Delhi costs Rs 79,020.16 per kilo litre or approximately Rs 79 per litre.In Mumbai, a litre of petrol now costs Rs 113.46, and diesel is cost Rs 104.38 per litre. Fuel rates in Chennai remained above the Rs 104 per litre-mark and is currently cost Rs 104.52 per litre; while diesel rates stood at Rs 100.59. Amongst the four city cities, fuel rates are the highest in Mumbai, according to the state-run oil refiner. Fuel rates vary across the states due to value-added tax or barrel. (Likewise Read: How To Check Most Current Gas And Diesel Rates In Your City). Here Are The Fuel And Diesel Rates Throughout City Cities: State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum modify the fuel rates daily, by considering the petroleum prices in the worldwide markets, and the rupee-dollar exchange rates. Any modifications in petrol and diesel costs are implemented with impact from 6 am every day.Globally, oil prices rose, extending pre-weekend gains, with U.S. crude hitting a seven-year high as worldwide supply stayed tight amid strong need worldwide as economies recover from coronavirus pandemic-induced depressions. Brent unrefined futures climbed 26 cents, or 0.3 per cent, to $85.79 a barrel. U.S. West Texas Intermediate (WTI) unrefined futures increased 48 cents, or 0.6 per cent, to $84.24 a barrel.
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Department of food and public circulation carried out a meeting with all the states on Monday, asking to preserve stock limitation of edible oils ...
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IRCTC shares have actually corrected 38 per cent from record high, in the 3 out of last five trading sessions ... IRCTC shares have been on investors' radar after the business's board approved stock split.Indian Train Catering and Tourist Corporation (IRCTC) shares came under intense selling pressure after the stock exited the NSE's futures and choices ban list on Monday. IRCTC shares fell as much as 14.32 percent to strike an intraday low of Rs 3,960.05. The NSE places shares under the futures and alternatives restriction list when they cross 95 per cent of the market-wide position limit. As per the exchange guidelines, the shares under the futures and alternatives restriction list can only be offered and no fresh buy orders can be placed for such shares.Meanwhile, Escorts, Indiabulls Real Estate Finance, Vodafone Concept, India Energy Exchange, Punjab National Bank and SAIL were added to the futures and options restriction list of shares.IRCTC shares have seen profit-booking post the sharp-run up experienced in the first 18 days of the existing month; the shares had rallied a massive 68 per cent from the closing cost of Rs 3,797 signed up on September 30 to strike an all-time high of Rs 6,393 on October 19, experts said.IRCTC shares have actually fixed 38 percent from record highs, in three out of last five trading sessions.IRCTC shares have actually been on investors' radar after the business's board approved stock split in the ratio of 1:5 in August. IRCTC's board chose to split the stock in order to assist enhance liquidity in the capital market, expand shareholder base and make the shares economical to small investors. IRCTC is one specific business which has a virtual monopoly for Indian Railways. The amount of services it accommodates is big and there is no competitors. The stock can thus attain higher levels. There will be corrections, but wise long term investors can purchase into all dips, Gaurang Shah of Geojit Financial Providers informed TheIndianSubcontinent.As of 12:55 pm, IRCTC shares traded 10.72 per cent lower at Rs 4,126, enormously underperforming the Sensex which was up 0.36 percent.
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Textiles Minister Piyush Goyal has asked the domestic industry to enter into innovative collaborations for establishing 100 textile machinery champions ...
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