News Overview

Large precious metals speculators cut their net long positions in the Gold futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 248032 contracts in the data reported through March 22 2022. This was a […]

The date of payment of interim equity dividend is fixed at April 26, 2022.

Business Wire India EIG, a leading institutional investor to the global energy and infrastructure sectors, and Fluxys, a leading energy infrastructure company, today announced that they jointly will acquire an 80% equity stake in GNL Quintero S.A. (“Quintero”), the largest liquefied natural gas (LNG) regasification terminal in Chile, from Enagas Chile SpA and affiliates of OMERS Infrastructure. Terms of the transaction were not disclosed.   […]

NMDC Ltd is quoting at Rs 160.7, up 2.26% on the day as on 12:54 IST on the NSE. The stock is up 21.24% in last one year as compared to a 15.71% jump in NIFTY and a 65.67% jump in the Nifty Metal index.

Network 18 Media & Investments Ltd is quoting at Rs 88.7, up 3.62% on the day as on 12:54 IST on the NSE. The stock is up 143.68% in last one year as compared to a 15.71% spurt in NIFTY and a 51.9% spurt in the Nifty Media index.

JSW Steel Ltd is quoting at Rs 727.45, up 0.85% on the day as on 12:49 IST on the NSE. The stock is up 55.62% in last one year as compared to a 15.61% gain in NIFTY and a 65.49% gain in the Nifty Metal.

Reliance Industries Ltd is quoting at Rs 2613.95, up 0.7% on the day as on 12:49 IST on the NSE. The stock is up 28.81% in last one year as compared to a 15.61% jump in NIFTY and a 40.69% jump in the Nifty Energy.

The credit rating agency has reaffirmed and withdrawn the outstanding ratings of ‘CARE BBB; Stable/CARE A3’ assigned to the bank facilities of BLMCL.

Bharti Airtel entered into a contract with Euro Pacific Securities, an affiliate of Vodafone Group Plc to acquire 4.7% stake in Indus Towers and its wholly-owned subsidiary, Nettle Infrastructure Investments for an all cash deal of Rs 2,388.06 crore.

Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Government of India, announced the unveiling of the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE) at a press conference held on 28 March 2022 during his visit to the United Arab Emirates. Goyal is in UAE to participate in ‘Investopia Summit’ and ‘World […]