Infosys Ltd fixes November 1 as the record date for Rs 13,000 Crore share buyback, as per news reports. Oil and Natural Gas Corporation may sell stake in Indian Oil to LIC in a block deal, as per media reports. Lupin Ltd received USFDA nod for a generic hypertension drug Corgard, which has a market […]
Stock market opened higher on Monday following the positive cues after the govt eased taxes on 27 goods and services in the GST Council meeting after implementation of Goods & Services. The GST council on Friday announced major cuts in taxes of various items and announced several measures to support exporters and small businesses, three […]
Many Indians consider Dhanteras as a very auspicious occasion to buy gold ornaments. Many jewellers launches promotional schemes to attract gold buyers, while stock exchanges have extended trading hours for gold trade on October 17 till 19:00 hrs. Leading stock exchange NSE has decided to extend the trading session for Gold Exchange Traded Funds (ETF) […]
Market Regulator, Security Exchange board of India (Sebi) has announced that it has raised the Foreign Portfolio Investment (FPI) limit in Central Govt securities to Rs 1,89,700 crore to enhance inflow of foreign funds into Indian capital markets. Earlier, the limit for FPIs was about Rs. 1,87,700 crore. The step is part of the regulator’s […]
At the time of this writing, the BSE Sensex, was up 160.55 points at 31,657 levels while the Nifty index was up 51.80 points at 9,911 levels. The monetary policy meet of today, 4 October 2017, is the key even of the day.
Telecom stocks registered mixed trend. Bharti Airtel falls 1.4%, Idea Cellular Ltd dip 0.59% and Tata Teleservices down 3.65 while MTNL rose 0.77%and Reliance Communications rose 1.46%.
Stock Limelight:- Following the announcement fuel price cut, the shares of oil marketing companies like Indian Oil Corporation, Hindustan Petrol Corpn Ltd, and Bharat Petroleum Copn Ltd will be in high focus today.
Hero MotoCorp announced that it set a new global benchmark in the 2- wheeler industry, surpassing the 7.00 Lac sales mark in any month. The company announced its total sales rose 6.78% to 7.20 lakh units in Sept 2017 year on year.
M&M Financial Services announced that the company on Friday, 6 October 2017, to consider augmenting the long term fund requirements, including by way of issuance of securities, subject to such approvals as may be required.
Yes Bank announced that it has successfully raised Rs 1,500 crore of Basel-III compliant Tier-II bonds through private placement against the base issue size of Rs 1500 crore.
Ahluwalia Contract announced that it has got construction and re- development orders valued Rs 555.77 crore.
Bombay Rayon Fashions stated its board approved allotment of 1.93 crore equity shares of Rs 10 each at an issue price of Rs 140.50 share apiece to SBI, in accordance with BRFL Scheme for Sustainable Structuring of Stressed Assets scheme.