Uncategorized

Shares of Life Insurance Corporation of India ended at ₹775.90, down by ₹5.40, or 0.69% on the BSE.

In response to a question on whether Sovereign Gold Bonds were off the table for good, FM Sitharaman said, “Yes, in a way.” However, that still leaves the government with a repayment liability that may exceed ₹1.12 lakh crores by…

This uptick comes after a turbulent end to the previous week, which saw all major indices close in the red. The Dow recorded a 2.51% drop, marking its worst weekly performance since October, while the S&P 500 and Nasdaq Composite…

Shares of NTPC Green Energy Ltd ended at ₹98.45, down by ₹7.15, or 6.77% on the BSE.

Shares of Biocon Ltd ended at ₹321.30, down by ₹0.75, or 0.23% on the BSE.

At the interbank foreign exchange, the local unit opened at 86.58, went up 10 paise from Friday’s close of 86.68, but gave way through the session. It eventually settled at 86.72 (provisional), 4 paise lower than the previous day’s close.

Kalyani Group Chairman Baba Kalyani and Vice Chairman & JMD Amit Kalyani said the partnership aligns with India’s ‘Make in India’ initiative and will bolster the country’s technological capabilities.

The major sectoral drag came from the IT and metal sectors, with the indices falling up to 2.7%. The Nifty IT index has now seen a downturn for 11 out of the last 12 sessions, reflecting ongoing weakness in the…

Shares of Manappuram Finance Ltd. ended 1.1% higher at ₹203.51 on the BSE today.

For Citi, financials and health-care are among key sectoral overweights in the country, while remaining underweight on paints and consumer discretionary stocks.