Author: Stocks

HDFC Bank jumped over 5 percent followed by State Bank of India, Axis Bank, RBL Bank and Federal Bank which added 4 percent each. Indian stock market continues its bull run after investors gave a thumbs up to Budget 2021. Bank Nifty jumped 4 percent after surging over 8 percent on Budget day. The index […]

Along with capacity expansion, content will be key in reviving the COVID-19 pandemic-hit cinema business. After the Ministry of Information and Broadcasting (I&B) allowed theatres to operate at 100 percent capacity from February 1, states like Delhi, Tamil Nadu and Gujarat have also allowed cinema halls to increase occupancy from 50 percent to 100 percent. […]

Its domestic tractor sales in January 2021 was at 8,510 tractors registering a growth of 45.6 percent against 5,845 tractors in January 2020. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; […]

Among sectors, bank, auto and infra indices ended with 3-4 percent gains each. BSE Midcap and Smallcap indices rose 1-2 percent each. Benchmark indices ended higher for the second day in a row with Nifty above 14,600 on the back of growth-oriented announcements by the Finance Minister in the Union Budget 2021. At close, the […]

The fiscal deficit target will go up by 10 basis points to 6.9 percent of the GDP if the extra-budgetary borrowings of Rs 30,000 crore, which is massively down from Rs 1.3 lakh crore this fiscal, is added, according to a report. The budget has pegged fiscal deficit at 9.5 percent for FY21 and 6.8 […]

The company’s board approved sub-division/stock split of existing 1 equity share of face value of Rs 10 each fully paid up into 5 equity shares of Rs 2 each. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { […]

The Indian stock market continued its bull run with Sensex up 1,206.54 points or 2.48 percent at 49807.15, and the Nifty jumping 366.30 points or 2.56 percent at 14647.50. The banking & financial along with the auto index gained the most. Bank Nifty along with Nifty Auto jumped over 3 percent each after the Finance Minister […]

Total income increased to Rs 305.04 crore in the third quarter of this fiscal from Rs 279.32 crore in the corresponding period of the previous year, the company said in a regulatory filing. PTI February 02, 2021 / 02:29 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] […]

Equity market continued on its upward trajectory on February 2, a day after rising almost 5 percent. At the time of writing this copy, Sensex is up 1,078.03 points or 2.22 percent at 49678.64, and the Nifty jumping 318 points or 2.23 percent at 14599.20. The auto index jumped 3 percent, gaining over 7 percent since the […]

The company in the quarter ended December 2020 has posted a net profit at Rs 31.6 crore against Rs 10.48 crore in the same quarter last fiscal. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; […]

State revenues are likely to take a hit due to the restructuring of taxes announced by Finance Minister Nirmala Sitharaman in the Union Budget 2021. Amid the ongoing farmers’ agitation, Sitharaman introduced an agri infra and development cess of up to 100 percent to finance agricultural infrastructure and other development expenditure. The finance minister said […]

The FM said the National Infrastructure Pipeline has been expanded to 7,400 projects. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { $ (‘#backInner1_rhsPop’).html(data); $ […]

Finance Minister Nirmala Sitharaman in her Union Budget 2021 speech proposed the voluntary scrappage policy to replace personal vehicles older than 20 years and commercial vehicles older than 15 years. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) […]

File photo The Delhi High Court sought to know whether US-based e-commerce giant Amazon and Kishore Biyani led Future Retail Ltd (FRL) were open to resolving the issue arising out of Rs 24,713 crore deal between FRL and Reliance Retail on February 1. The counsel for both, Amazon and Future Group, submitted that they would […]

The Punjab Cabinet on Monday approved the state excise policy for 2021-22 with a projected target to mop up Rs 7,002 crore as against the current year’s expected revenue of Rs 5,794 crore, showing an increase of 20 percent, an official said. The excise policy has been largely focused on providing relief to retail licensees […]

However employment will take longer to recover, after business shutdowns to stop COVID-19 from spreading caused mass layoffs in the United States beginning last March. AFP February 01, 2021 / 11:00 PM IST The world’s largest economy will recover from the coronavirus pandemic by the middle of 2021, the US Congressional Budget Office (CBO) said […]

Reuters Silver prices have rocketed to their highest since 2013 as retail investors, egged on by messages on Reddit, pile into the market in an attempt to push up prices, although most analysts and traders say the rally will run out of steam. Spot silver vaulted as high as $ 30.03 an ounce on Monday […]

Source: Reuters Wall Street’s main indexes climbed on Monday following a steep sell-off last week, as a shift in the retail trading frenzy to silver drove up mining stocks and investors monitored progress in talks over economic stimulus. The iShares Silver Trust ETF, the largest silver-backed ETF, jumped 7.2% as silver broke above $ 30 […]