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Nifty Metal index closed down 2.98% at 5708.1 today. The index has added 12.00% over last one month. Among the constituents, Jindal Steel & Power Ltd fell 5.15%, Tata Steel Ltd shed 4.54% and Steel Authority of India Ltd dropped 4.40%. The Nifty Metal index has increased 7.00% over last one year compared to the 6.32% spike in benchmark Nifty 50 index. In other indices, […]

Gillette India advanced 3.02% to Rs 5,485.05 after the companys standalone net profit jumped 145.5% to Rs 67.59 crore on 26.8% increase in revenue operations to Rs 552.89 crore in quarter ended June 2022 over quarter ended June 2021.

Bank of Baroda said that the capital raising committee of the bank has approved issuance of basel-III compliant additional tier-1 (AT-1) bonds for aggregate total issue size of Rs 2,500 crore in single or multiple tranches.

The US dollar index hit a fresh five-week high above 108 on Monday after another Federal Reserve official flagged the likelihood of continued aggressive monetary tightening ahead of the central banks key Jackson Hole symposium this week. The euro fell to a new five-week trough after Russia announced a three-day halt to European gas supplies via the Nord Stream 1 pipeline at the end of […]

Gold futures slipped sharply today, sliding near six week low as firm US dollar capped the upmove in the commodity. The metal currently trades down 0.69% at $1750 per ounce. Gold is also eyeing weakness in other commodities like crude oil and copper and is extending losses after breaking under $1800 per ounce mark. Gold demand in India is looking good ahead of the festive […]

ITC has allotted 82,97,250 ordinary shares of Rs 1 each under ESOP. Consequently with effect from 22 August 2022 , the paid up equity share capital of the company stands increased to Rs 1239,28,89,941 dividend into 1239,28,89,941 ordinary shares of Re 1 each. Powered by Capital Market – Live News

Sales rise 26.82% to Rs 552.89 crore

On 22 August 2022

The headline equity indices ended with deep cuts on Monday. Negative global cues dampened the investors sentiment. The Nifty closed below the 17,500 level. Selling was wide spread, with realty, metal and PSU bank stocks declining the most. As per provisional closing data, the barometer index, the S&P BSE Sensex, was down 872.28 points or 1.46% to 58,773.87. The Nifty 50 index lost 267.75 points […]

Record date is 15 September 2022