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Shares of SUN Pharmaceutical Industries were up +0.93% at 10:48 today on BSE, outperforming the broader Mumbai market. SUN Pharmaceutical Industries shares traded +0.93% higher at ?463.50, giving it a market capitalization of ?1,11,206.43 crore. In comparison, the Sensex was down -0.05% while the broader Nifty 50 index was down -0.21%. The S&P BSE Healthcare […]
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Gold prices edged higher today in domestic markets, tracking an uptick in global rates as US-China rift deepened over further moves by Beijing to impose a security law on Hong Kong. On MCX, June gold futures rose 0.34% to ?46,565 per 10 gram while July silver futures edged 0.3% higher at ?48,710 per kg. Gold […]
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MUMBAI : Suryoday Small Finance Bank Ltd has raised ?62.14 crore in equity funding through a private placement offer from five of its existing investors including Gaja Capital, private insurer Kotak Mahindra Life Insurance Co. Ltd, said a senior official at the scheduled commercial bank in an exclusive interaction. Three other investors that helped the […]
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MUMBAI: Just Dial Ltd’s March quarter results show steady traction in its listings business before the covid-19 disruption. Revenue grew 1.2% from the year ago quarter. Thanks to lower costs, operating earnings grew at a faster pace of 26.4%. Total listings on the company’s platforms grew 14.1%. Other metrics such as paid campaigns and total […]
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Oil extended its drop to trade near $32 a barrel after a U.S. industry report signaled crude inventories swelled for the first time in three weeks, raising fresh concerns about excess supply. Futures fell about 2% in New York, putting the market on track for its first back-to-back daily decline in three weeks. The American […]
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NEW DELHI: Power distribution companies (discoms), hoping to benefit from the Rs90,000 crore loans that Finance Minister Nirmala Sitharaman said PFC and REC will provide them to help them combat the covid-19-induced stress, are in for a surprise, according to a copy of the document seen by Mint. The power sector lenders have set stiff […]
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Here is a list of top ten stocks that may be in focus on Thursday: Reliance Industries: Microsoft Corporation is negotiating an investment of $2 billion in Mukesh Ambani’s Jio Platforms Ltd, the digital unit of India’s most valuable company, according to a Mint report. If successful, Microsoft will get a share of Jio Platforms […]
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Shares of Bharti Airtel Ltd slipped 5.4% in the early deals on Tuesday after the telecom firm’s promoter sold 152 million shares in a block deal. Details of buyers were not available. At 9:40 am, after hitting a low of ?561 a piece on the BSE, the shares of Bharti Airtel recouped some of the […]
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Shares of IDFC First Bank today surged as much as 7% today to ?20.20 after the lender swung to profit in the March quarter. IDFC First Bank on Friday reported a consolidated net profit of ?76.36 crore for January-March 2020. The private sector lender had posted a loss of ?212 crore during the corresponding January-March […]
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Indian rupee today today edged higher against the US dollar amid broad weakness in the US currency and higher domestic markets. The rupee today opened at 75.69 per dollar and moved to 75.64 at day’s high as compared to previous close of 75.96. Indian forex and stock markets were closed on Monday due to a […]
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