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After a positive start, the key benchmarks reversed trend and hit the days low in morning trade. Banks, financial services and metal stocks were under pressure. The Nifty was trading below 17,300 mark after hitting the days high of 17,442.90 in initial deals. At 10:30 IST, the barometer index, the S&P BSE Sensex, fell 96.92 points or 0.17% at 57,899.76. The Nifty 50 index slipped […]

Utilties stocks were trading with gains, with the S&P BSE Utilities index rising 42.96 points or 1.32% at 3298.05 at 09:52 IST.

Banking stocks were the major bears of today after the biggest loan fraud of nearly Rs23,000cr of ABG Shipyard against a consortium of banks, rocked the sector.

The Taloja unit had contributed ~ Rs260 crore amounting to around 15% of the turnover of the company for FY21, the company said.

The Stable outlook on the [ICRA]A- rating reflects ICRA’s opinion that DSL’s credit profile is likely to remain comfortable.

Power stocks were trading in the positive zone, with the S&P BSE Power index rising 54.77 points or 1.44% at 3868.14 at 09:52 IST.

Gravita India announce that Refined Lead of 99.98% purity and above produced by the company from its Chittoor plant has been empanelled as approved Lead brands deliverable against MCX Lead futures contract. The Multi Commodity Exchange of India (MCX), Indias first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and […]

The company will issue NCDs of Rs10 lakh each on a private placement basis, on or after February 21, 2022.

Oil and Gas stocks were trading in green, with the S&P BSE Oil&Gas index increasing 142.52 points or 0.79% at 18272.02 at 09:52 IST.

The credit rating agency has given BWR BBB+/ Stable rating to the long-term credit facilities of the company.