News Overview

Dollar is seen crawling back to positive after a brief pause in early Asia on Tuesday. The greenback accrued strength amid expectations of Fed continuing with its aggressive stance following improved data from the US. The November ISM Services data, along with the solid November jobs report released last week, pointed to a resilient economy and bolstered the case for further monetary tightening. The dollar […]

Bandhan Bank Ltd is quoting at Rs 244.65, up 1.54% on the day as on 12:49 IST on the NSE. The stock is down 12.15% in last one year as compared to a 8.23% jump in NIFTY and a 17.79% jump in the Nifty Bank index.

Adani Enterprises Ltd is quoting at Rs 4008.4, up 1.98% on the day as on 12:49 IST on the NSE. The stock is up 138.82% in last one year as compared to a 8.23% gain in NIFTY and a 22.63% gain in the Nifty Media index.

Shriram Finance Ltd is quoting at Rs 1332.15, up 2.88% on the day as on 12:49 IST on the NSE. The stock is down 8.98% in last one year as compared to a 8.23% spurt in NIFTY and a 6.83% spurt in the Nifty Energy index.

Union Bank of India is quoting at Rs 86.9, up 4.83% on the day as on 12:49 IST on the NSE. The stock is up 86.68% in last one year as compared to a 8.23% jump in NIFTY and a 58.86% jump in the Nifty Pharma index.

As India prepares to roll out 5G networks later this year, foundational connectivity infrastructure such as subsea cable systems will be critical in meeting the rising demand for high-speed data and digital services.

Shree Cement has received revision / assignment of credit ratings from CRISIL as under: Long term (fund based facilities) (Rs 1100 crore) – CRISIL AAA/ Stable (reaffirmed) Short term (non fund based limits) (Rs 1200 crore) – CRISIL A1+ (reaffirmed) Commercial paper (Rs 400 crore) – CRISIL A1+ (assigned)Powered by Capital Market – Live News

Vinati Organics has subscribed to the additional 13,71,400 fully paidup equity shares of face value of Rs. 10/- each at par, amounting to Rs. 1,37,14,000 by way of subscription towards the rights issue of Veeral Organics, the Wholly Owned Subsidiary, the shares rank pari passu to existing equity shares of the Company. Powered by Capital Market – Live News

Kumar joined IndiGo in 2007 and served as the company's chief commercial officer till 2018. After leaving to work as COO for AirAsia India, he came back to IndiGo in January 2020.

Punjab National Bank (PNB) rose 1.09% to Rs 55.70, extending its gaining streak for the fourth consecutive trading session.