News Overview

The benchmark indices ended with robust gains on Wednesday, extending gains for the second day. The Nifty bounced from the days low of 15,990 to closed near 16,350 mark. Rally in autos and banks stocks boosted the indices higher. Barring the Nifty Metal index, all the sectoral indices on the NSE were in the green. As per provisional closing data, the barometer index, the S&P […]

The Associate Company will be into the business of owning, operating, and/ or leasing Electric Vehicles (specifically for one of the contracts awarded to the Consortium.

The rating on fund-based and non-fund-based working capital limits has been affirmed at ‘IND AA-/Positive/IND A1+’.

The Nifty and the Sensex settled at 16,345.35 and 54,647.33 respectively.

Both Nifty and Bank Nifty index closed in the green, gaining ~2% each

In assuming Raymond’s operations as CEO, Sunil will drive the next phase of growth through strengthening the brand’s presence in the domestic and international markets.

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi has approved the setting up National Land Monetization Corporation (NLMC) as a wholly owned Government of India company with an initial authorized share capital of Rs 5000 crore and paid-up share capital of Rs 150 crore. NLMC will undertake monetization of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other Government […]

J. Kumar Infraprojects surged 3.94% to Rs 166.1 after the EPC company bagged a work order and a letter of acceptance from different clients.

The euro is seen gaining support even as market participants continue to closely follow the geopolitical conflicts and the upcoming meeting between Russian and Ukraine officials. Euro had come under heavy pressure amid the Russia-Ukraine conflict that bolstered demand for safe haven dollar. EUR/USD pair had plunged to as much as 1.0807 but has managed to regain 1.09 levels with the pair currently quoting at […]

WTI Crude oil futures slipped in negative territory as traders reassessed the broad outlook towards supplies after the frantic surge in last few days that took the commodity near its 14 year highs. WTI Crude currently trades down 0.15% at $123.55 per barrel. Good gains were seen in major equity indices in Europe and Asia today and that rather led to a decline in oil […]