News Overview

To 4 March 2022

The company’s vehicle production was impacted on account of a shortage of electronic components in the domestic markets.

Domestic sales were up 4% at 13,281 units against 12,776 units in February 2021.

TS Ramakrishnan joined LIC Mutual Fund AMC on 28th April 2021 before taking over as MD & CEO, effective today.

MOIL rallied 3.17% to Rs 174 after the company decided to increase the prices of different grades of manganese ore and other products with effect from Tuesday, 1 March 2022.

Over last 13 months, core sector growth was positive in 12 out of these months, with Feb-21 being the exception.

By Gartner

Also, investors turned cautious as the economic growth slowed to 5.4 per cent in the October-December quarter against an 8.5 per cent growth in the preceding quarter.

Here is the stock market performance at 10:30 AM today.

The domestic equity barometers extended losses in morning trade. The Nifty was trading below the 16,650 mark. Banks stocks declined for the second consecutive session. At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 739.97 points or 1.32% to 55,507.31. The Nifty 50 index lost 162.70 points or 0.97% to 16,631.20. In the broader market, the S&P BSE Mid-Cap index rose 0.12% […]