NEW DELHI: Even as crude oil prices have spiked to 10-month high levels of $90/barrel, the government may still find ways to reduce petrol and diesel prices in an election year by either reducing excise duty/VAT or even asking oil marketing companies to cut retail prices as they earned strong marketing margins in Q1. Due … Read more
Indian equity markets at all time highs: JM Financial anticipates a potential 1,000-point surge in the NSE Nifty 50 during September, according to an ET report. JM Financial has set a target of 20,432. This target, based on Friday’s closing price, implies a 4.6% upswing in Nifty 50 from Monday’s closing level of 19,528.The brokerage … Read more
Mumbai: JM Financial said the Nifty may gain about 1,000 points in September and a target of 20,432 is on cards. The target based on Friday’s closing price implies an upside of 4.6% for the index over Monday’s closing of 19,528. The brokerage said PNB Bank, Hindalco, LTI Mindtree, GAIL and ONGC are the ‘thrust’ … Read more
Coal India Share Price 247.80 04:02 PM | 04 Sep 2023 10.90(4.60%) Wipro Share Price 434.10 04:02 PM | 04 Sep 2023 17.75(4.26%) HCL Technologies Share Price 1232.50 04:02 PM | 04 Sep 2023 46.70(3.94%) UltraTech Cement Share Price 8582.55 03:59 PM | 04 Sep 2023 320.15(3.87%) Tata Steel Share Price 131.75 04:02 PM | … Read more
The initial public offer (IPO) of Mumbai-based hospital chain Jupiter Life Line Hospitals will open on September 6 and close on September 8. The allocation to anchor investors will be done on September 5. The company had filed preliminary IPO papers with Sebi in May this year and received a regulatory nod last week. The … Read more
SoftBank sold a partial stake in food delivery platform Zomato through bulk deals on Wednesday. The transaction was done at Rs 94.7 apiece, taking the deal value to Rs 947 crore. According to exchange data, SoftBank Vision Fund has offloaded 10 crore shares or 1.17% stake in the company as the lock-in for the post-Blinkit … Read more