With effect from 05 September 2022
The benchmarks indices continued to trade with significant cuts in morning trade. The Nifty traded above the 17,550 level. IT shares witnessed selling pressure for second consecutive session. At 10:26 IST, the barometer index, the S&P BSE Sensex, was down 318.72 points or 0.54% to 58,878.27. The Nifty 50 index lost 89.65 points or 0.51% to 17,565.95. In the broader market, the S&P BSE Mid-Cap […]
The Enforcement Directorate Tuesday (6 September) arrested Ravi Narain, the former managing director and CEO of the National Stock Exchange (NSE), in connection with a money laundering case related to the alleged illegal phone-tapping of NSE employees. Narain was the MD and CEO of NSE from April 1994 to March 2013. He served as the vice-chairman till June 2017. Former chief executive officer of the […]
Shree Pushkar Chemicals & Fertilisers surged 9.72% to Rs 277 after the company announced that it has commenced commercial production of one of its plant with respect to Unit V after obtaining all the necessary approvals.
Bharti Airtel fell 1.48% to Rs 750 on high volumes after the counter reported multiple block deals in initial trade today, 7 September 2022.
The company will sell the entire stake to MKPL’s promoter Prashant Patil.
The ratings also factor in its healthy financial risk profile led by healthy capital structure.
Zuari Industries advanced 3.43% to Rs 183.75 after the company announced that it has executed a memorandum of understanding (MoU) with Envien International, Malta (EIL), and Zuari Envien Bioenergy (ZEBPL) to build and operate a biofuel distillery.

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