Business
Sensex, Nifty Open at Record Peaks Ahead of F&O Expiry
After hitting its life-time high, the 30-share index pared some gains to trade 52.93 points, or 0.13 per cent, higher at 41,073.54 in morning session.
Govt Has Plan to Invest Rs 100 Lakh Crore in Infrastructure over 5 Years, Says Piyush Goyal
He said the railways has drawn up a 12-year plan entailing an investment of Rs 50 lakh crore.
Indian Stock Gains to be Limited in 2020 as Economy Slows: Report
The BSE Sensex index was forecast to rise another 6.7% to 43,645 by end of next year from Monday's close of 40,889. It has gained over 13% in the past two months and repeatedly set record highs after the Centre announced several measures.
India’s GDP Growth in Q2 at 4.7%; FY-20 Forecast at 5.6%: Ind-Ra
The Indian economy expanded 5 per cent in April-June, its slowest annual pace since 2013.
SKF, Schaeffler & Tata Steel Units Colluded on Bearings Prices, Reveals Probe
The Competition Commission of India began an investigation in 2017 after receiving allegations of five companies colluding on bearings prices from 2009-2014 to pass higher raw material costs onto customers in the auto sector.
Sensex Hits Record Peak, Rallies Nearly 500 Points; Nifty Reclaims 12,000
After scaling its record peak, the 30-share index was trading 487.76 points, or 1.21 per cent, higher at 40,847.17. Similarly, the broader Nifty soared 136.80 points, or 1.15 per cent, to 12,051.20.
Muthoot Finance, Unichem Labs, Vodafone Idea Among Key Stocks in Focus Today
IDBI Bank Ltd shares dropped 3% while those of Muthoot Finance were down 0.8% after the latter announced that it would buy IDBI Bank’s asset management company business for Rs 215 crore.
Going for More Professionalism in PSUs Via Equity Dilution, Says Dharmendra Pradhan
The Union Cabinet on Wednesday decided to sell its entire stake in three enterprises and bring down stake below 51 per cent in select PSUs.
Saudi Aramco IPO: How Can Indians Invest in World's Biggest Public Offer
Saudi Arabia’s state-owned company said it would set a price range for the shares on November 17, but the final price will only be determined on 5 December, the day after all subscriptions close.
Reliance Industries Shares Jump 4% to Scale New Highs; Morgan Stanley Says Stock May Hit Rs 2,000
Reliance Industries achieved a major feat on Tuesday when it became the first company among listed entities on exchanges to hit a market capitalization of Rs 9.5 lakh crore.
Reliance Industries, Yes Bank and Shree Cement Among Key Stocks in Focus Today
Reliance Industries Ltd (RIL) shares gained over 4% after Reliance Jio said it will hike tariffs of its mobile services in compliance with TRAI's regulation on telecom tariffs.
Domestic Air Passenger Traffic Grows by 3.98% in October as Aviation Sector Shows Recovery
In September this year, the domestic passenger growth was just 1.18 per cent compared to the same month last year.
Ban Lifted on Non-PNG Industries in Delhi, Coal-based Units in NCR as Air Quality Improves
At a review meeting of the Central Pollution Control Board-led task force on Saturday, it was also decided that hot mix plants and stone crushers would remain closed in the NCR.
Consumer Demand in Rural India Falls for First Time in Four Decades: Report
Consumer demand in India's villages fell 8.8 percent between July 2017 and June 2018, compared with 2011-12, the Business Standard reported, using unpublished National Statistical Office (NSO) data.
Market Turns Jittery to Trade 54.61 Points on Weak Macro Data, Global Cues
Top losers in the Sensex pack included Bharti Airtel, IndusInd Bank, Tata Motors, SBI, Tata Steel, ONGC and HUL, shedding up to 3.34 per cent.
Rupee Depreciates 15 Aaise Against US Dollar in Early Trade
At the interbank foreign exchange, the rupee opened marginally higher at 72.05 against the US dollar, before turning negative and dropping 15 paise to 72.24 against its previous close.
