The overall trend of Infosys is optimistic with a rally expected to move in the direction of Rs 1,500 level, as per the weekly chart
L&T today announced that its construction arm has secured significant orders from prestigious clients for various businesses
The management said increased volumes in truck tyres, both radial and bias, LCV and agricultural tyres have contributed to higher sales
The government has approved procurement of 83 indigenously-developed light combat aircraft 'Tejas' for the Indian Air Force
The government has decided to sell up to 206.5 million shares, or 5 per cent of total equity, of SAIL through OFS
RBI governor warned earlier this week about the rally, citing the disconnect between the markets and the economy as well as expectations that bad-loan ratios at lenders will almost double this year
In the past one month, Infosys has outperformed the market by surging 16 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex
In OBV indicator, a positive close candle volume is added cumulatively and negative close volume is subtracted to determine the trend
The government will sell up to 10% stake in SAIL via OFS on January 14-15
Den Networks, HFCL, Reliance Industrial Infrastructure, Tata Steel Long Products, Websol Energy System and Digicontent will announce their quarterly earnings on January 14
Focus on innovation, market share and product premiumisation seen boosting growth
While double-digit growth in FY22 is a given, near term margins could come under pressure
Capital markets regulator Sebi on Wednesday proposed that KYC and account opening process should be separated in order to standardise the process and avoid duplication.
Futures in New York rose for a seventh session toward $54 a barrel, heading for the longest run of gains since February 2019
The issue consists of a fresh issue of up to 118.80 crore shares and offer for sale of up to 59.40 crore shares by the government
In December, MFs sold equities worth about Rs 37,000 crore, while FPIs bought Rs 50,000 crore worth of equities in the secondary market
After gyrating over 721 points during the day, the 30-share BSE index ended 24.79 points or 0.05 per cent lower at 49,492.32. It scaled a record intra-day peak of 49,795.19.
Shares of the telecom operator hit a seven-month high of Rs 601.8 on BSE
At close, the S&P BSE Sensex was at 49,492 levels, down 25 points or 0.05 per cent
State Bank of India stock was the top performing stock on the Nifty bank index today, and supported the index to claim a fresh record high of 32,683.5 on the NSE. The index is up 100% from March lows