The headline equity indices traded with modest gains in the afternoon trade. The Nifty traded above the 16,660 mark after hitting a days low of 16,610.90 in the mid-morning trade. Banks, financial services and consumer durables shares were in demand while IT, healthcare and oil & gas stocks corrected. At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 246.51 points or 0.44% […]
The US EIA noted in a latest update that in 2020, energy consumption declined by a record 7.5% in the United States, mostly as a result of pandemic effects and relatively warmer weather. Data from our State Energy Data System (SEDS) show that declines in energy consumption varied significantly by state. The states that had the largest declines tended to have significantly less energy used […]
Power stocks were trading in the negative zone, with the S&P BSE Power index falling 42.34 points or 0.94% at 4459.12 at 13:47 IST.
This was a response to a query from Rajya Sabha member Derek'O Brien on whether the government had noticed that crypto firms were leaving India, their specific reasons, and the effects on the country's economy.
During the remote record review, the agency did not identify any objectionable conditions and thus, did not have any observations.
Given that 5G spectrum auctions are about to start, Mittal's remarks gain relevance.
Torrent Pharmaceuticals Ltd is quoting at Rs 1473.35, down 0.77% on the day as on 13:19 IST on the NSE. The stock tumbled 3.17% in last one year as compared to a 5.25% rally in NIFTY and a 13.76% fall in the Nifty Metal index.
PAT margin expanded to 7.26% during Q1FY23 as against 5.96% in the previous corresponding quarter.
Information Technology stocks were trading in red, with the S&P BSE IT Sector index falling 216.26 points or 0.75% at 28712.76 at 13:47 IST.
Utilties stocks were trading with losses, with the S&P BSE Utilities index decreasing 31.02 points or 0.83% at 3688.95 at 13:47 IST.

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