Wholesale price index for May breached the all time high level at 12.94 per cent The wholesale price index (WPI) based inflation in May hit an all-time high of 12.94 per cent owing to rising crude oil prices and manufactured products. Overall it was the fifth consecutive month when WPI breached …
Read More »Gold, Silver Prices Decline Mirroring Losses In International Markets
In spot market, fine gold or 24 carat gold was priced at Rs 48,475 per 10 grams Gold, Silver Price Today: Gold and silver prices fell in domestic markets mirroring loses in international markets after gold touched over 1-week low dragged down by a stronger dollar. Gold futures for delivery …
Read More »DLF Shares Fall After March Quarter Earnings
DLF’s office rentals grew by 10 per cent and retail business exhibited steady recovery. Shares of the Delhi-based real estate developer – DLF – fell as much as 6.2 per cent to hit an intraday low of Rs 290.75 after its reported March quarter earnings. DLF reported net profit of …
Read More »Sona Comstar initial public offering (IPO) Opens For Bidding. Should You Invest?
Sona Comstar IPO: The shares are likely to be listed on the bourses on June 24 Sona Comstar’s Rs 5,550-crore initial public offering (IPO) opens for bidding today i.e. June 14. The auto parts company’s public issue will close on June 16. The company has fixed the price band of …
Read More »Shyam Metalics initial public offering (IPO) Opens Today. Here Are Things To Know
Shyam Metalics: The shares are likely to be listed on the BSE and NSE on June 24, 2021. Shyam Metalics’ Rs 909 crore initial public offer (IPO) opened for subscription today i.e. June 14. The three-day IPO will remain open for trading for three days until June 16 and the …
Read More »Adani Shares Fall On Report That National Securities Depository Froze Foreign Funds’ Accounts
Adani Enterprises, and Adani Ports were the top NSE losers, falling over 15 per cent each Shares of Adani group companies fell between 5 per cent and 18 per cent on Monday, after the Economic Times reported that the National Securities Depository (NSDL) had frozen the accounts of three foreign …
Read More »Reserve Bank of India (RBI) Tolerates High Inflation As It Seeks Growth, Say Economists
The latest pick up in inflationary pressures is caused by higher food and fuel prices Indian monetary policy makers are tolerating inflation rates higher than their 4 per cent medium-term target while they focus resources on an economic rebound. Economists see the Reserve Bank of India taking a grin-and-bear it …
Read More »Sensex Sheds Over 100 Points, Nifty Below 15,800
The domestic stock markets have opened marginally in the red, after closing at record highs on Friday, due to the emergence of profit-booking at high levels. At 9:18 am, the BSE Sensex was trading at 52,405.50, lower by 75.15 points or 0.13 per cent and the NSE Nifty was at …
Read More »Stocks To Watch In Trade Today (June 14, 2021): BHEL, Adani Enterprises, DLF
Adani Enterprises has entered into the cement business and incorporated a wholly-owned subsidiary The domestic stock markets are likely to open in the red, going by early indications from trading in SGX Nifty. Trends on SGX Nifty indicate a negative opening for the index in India, with a 76-points loss. …
Read More »Sensex, Nifty Likely To Have A Negative Opening
At 7:30 am, the Nifty futures were trading lower by 0.67 per cent on Singapore Stock Exchange The domestic stock markets are likely to open in the red, going by early indications from trading in SGX Nifty. Trends on SGX Nifty indicate a negative opening for the index in India, …
Read More »