News Overview

Nifty Metal index ended up 3.48% at 5882.75 today. The index has added 4.00% over last one month. Among the constituents, Tata Steel Ltd jumped 6.45%, Jindal Steel & Power Ltd rose 5.84% and JSW Steel Ltd gained 4.69%. The Nifty Metal index has increased 67.00% over last one year compared to the 25.36% spike in benchmark Nifty 50 index. In other indices, Nifty Pharma […]

With an annual casting capacity of 240 kt of sheet ingot, Hindalco expects the facility to reduce the company’s carbon emissions by more than one million tons each year.

The rating on long-term Instruments has been reaffirmed at Acuite A-/Stable and short-term instruments at Acuite A2+.

Bulk term deposits witnessed a contraction of 72% y-o-y basis, as the Bank shifts focus on retail deposits and moderate LCR to an acceptable level

The order is for completion of Balance work of ‘National Highway No 548-A from Section Waken Pali to 2 lane with paved shoulder’.

The Bank Of Englands Credit Conditions Survey stated today that lenders reported that the availability of secured credit to households increased in the three months to end-November 2021 (Q4). Lenders expected the availability of secured credit to increase over the next three months to end-February 2022 (Q1). Lenders reported that the availability of unsecured credit to households increased in Q4 and was expected to increase […]

Benchmark indices ended with small gains on Thursday and extended their winning run to fifth consecutive trading session. The Nifty managed to end above the 18,250 level. Metal, pharmaceutical and auto stocks saw demand while realty, banking and financial shares corrected. As per the provisional closing data, the barometer index, the S&P BSE Sensex, rose 85.26 points or 0.14% at 61,235.32. The Nifty 50 index […]

The Bank is in focus since its board approved initiating the process of initial public offering (IPO) for a subsidiary, Fedbank Financial Services. The Bank is set to announce its Q3 earnings next week.

Recently, L&T announced new offshore packages from major international clients, which impact investors positively.

Bank Nifty underperformed the Nifty index by ~0.9% with the former closing in the red while the later closing ~0.3% higher.