Author: Stocks

The finance minister also announced setting up of a central university in Leh district of Union Territory of Ladakh for accessible higher education. PTI February 01, 2021 / 10:38 PM IST The Centre has announced a maiden gas pipeline project for the Union Territory of Jammu and Kashmir. In her Budget speech on Monday, Finance […]

The Budget will deliver growth, create jobs, restore incomes and boost consumption. But more likely over a medium-term rather than in the immediate few months. This is because the focus is on infrastructure building and construction, which takes time to deliver results. Many of the projects announced by Finance Minister Nirmala Sitharaman will be built […]

The company had produced 25.89MT iron ore during the corresponding period a year ago, NMDC said in a BSE filing. PTI February 01, 2021 / 06:47 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’] = 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 […]

Except pharma, all other sectoral indices ended with gains of 1-8 percent each. BSE Midcap and Smallcap rose 2-3 percent each. Benchmark indices broke the six day losing streak and gave a thumbs up to the measures announced in the Union Budget 2021 by the Finance Minister Nirmala Sitharaman. At close, the Sensex was up […]

Bank Nifty surged over 8 percent at close on February 1 and outperformed all other sectors after Finance Minister Nirmala Sitharaman said the government would infuse Rs 20,000 crore into public sector banks (PSBs) in 2021-22, to meet the regulatory norms. For the current financial year also, the government had made a provision of Rs 20,000 crore for recapitalisation. […]

The company had sold a total of 47,862 units in the same month last year, Tata Motors said in a statement. PTI February 01, 2021 / 04:29 PM IST Tata Motors | The company reported sharply higher profit at Rs 2,906.5 crore in Q3FY21 against Rs 1,738.3 crore in Q3FY20, revenue rose to Rs 75,653.79 […]

The announcement in the Budget was made as part of the government’s plan to strengthen preventive health infrastructure. The allocated amount is an outlay for the next five years, beginning from the financial year 2021-22. Finance Minister Nirmala Sitharaman. Finance Minister Nirmala Sitharaman, during her Union Budget 2021 speech, announced an allocation of Rs 1,41,678 […]

Finance Minister Nirmala Sitharaman announced a 7.5 percent reduction in customs duty on steel. Shares of steel-manufacturer traded mixed after Finance Minister Nirmala Sitharaman announced a reduction in customs duty on steel in her Budget speech on February 1. Shares of Jindal Stainless, JSW Ispat, Mahamaya Steel, Scan Steels and Narayani Steels were trading in […]

Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget 2021-22 in the Lok Sabha. While this Budget is unique for a number of reasons including it being the first paperless budget, it is also significant for being presented whilst the country battles the COVID-19 pandemic. Follow Moneycontrol‘s Budget 2021 live coverage Take a […]

Profit increased to Rs 4,939.6 crore in Q3FY21, rising from Rs 4,146.5 crore in the corresponding period 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=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( […]

In a proposal to amend the Insurance Act 1938, FM Nirmala Sitharaman increased foreign direct investment limit for the insurance sector to 74 percent from 49 percent earlier. ‘); $ (‘#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 […]

The government’s planned capital expenditure for the current fiscal has been increased to Rs 4.39 lakh crore, as against the Budgeted Rs 4.12 lakh crore. PTI February 01, 2021 / 12:32 PM IST To push growth via infrastructure creation, Finance Minister Nirmala Sitharaman on Monday hiked the government’s capital expenditure for FY 2021-22 by 34.5 […]

There are expectations that Finance Minister Nirmala Sitharaman may announce recapitalisation for PSU banks. Most PSU banking stocks traded higher in early trade ahead of the Union Budget 2021 amid expectations that Finance Minister Nirmala Sitharaman may announce recapitalisation for them. While measures such as PSU mergers, recapitalisation package of Rs 70,000 crore were announced […]

Global research firm Macquarie has maintained an outperform call on ICICI Bank with target of Rs 700 while UBS has retained a buy on the stock with target of Rs 700 per share. Ahead of the Union Budget 2021 to be presented by Finance Minister Nirmala Sitharaman, the Indian stock market is trading in the […]

Domestic tractor sales during last month stood at 8,510 units as against 5,845 units in January 2020, up 45.6 percent, Escorts said in a BSE filing. PTI February 01, 2021 / 10:11 AM IST Farm equipment manufacturer Escorts Agri Machinery on Monday reported a 48.8 percent jump in tractor sales at 9,021 units in January […]

Kotak Institutional Equities has retained a sell on the stock with target of Rs 180 per share. The company reported strong operational performance in standalone and JLR business but JLR cost-cutting initiatives may not be sustainable, it said. ‘); $ (‘#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){ $ […]

Representative image (PC- MoneyControl.Com) In a short while from now, Union Finance Minister Nirmala Sitharaman will present the Union Budget for 2021-22. The announcement comes after a year of pain and suffering caused by the coronavirus pandemic. India has recorded over 1.7 crore COVID-19 cases, including over 1.54 lakh deaths. Thus, FM Sitharaman’s announcements will […]

The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter. The discussions, which are no longer active, are indicative of the pressure the […]

In the December 2019 quarter, the company had booked a net profit of Rs 15.83 crore, which grew by 93 percent in the reporting quarter, the company said in a statement. PTI January 31, 2021 / 09:52 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’] = 0){ […]