Page 2767 - Business Finance
Reliance Industries Ltd spurts 1.18%, up for third straight session
The stock is quoting at Rs 1249.45, up 1.18% on the day as on 12:49 IST on the NSE. Reliance Industries Ltd is up 60.18% in last one year as compared to a 18.45% gain in NIFTY and a 21.73% gain in the Nifty Energy index.
Tata Power Company Ltd up for third consecutive session
The stock is quoting at Rs 71, up 1.36% on the day as on 12:49 IST on the NSE. Tata Power Company Ltd is down 11.31% in last one year as compared to a 18.45% jump in NIFTY and a 21.73% jump in the Nifty Energy index.
Tata Motors-DVR soars 2.22%, Gains for third straight session
The stock is quoting at Rs 147.3, up 2.22% on the day as on 12:49 IST on the NSE. Tata Motors-DVR is down 34.24% in last one year as compared to a 18.45% gain in NIFTY and a 5.17% gain in the Nifty Auto index.
Sun TV Network Ltd spurts 0.96%, up for fifth straight session
The stock is quoting at Rs 800.25, up 0.96% on the day as on 12:44 IST on the NSE. Sun TV Network Ltd is up 14.62% in last one year as compared to a 18.39% jump in NIFTY and a 1.23% jump in the Nifty Media.
Dish TV India Ltd spurts 2.18%, rises for fifth straight session
The stock is quoting at Rs 72.5, up 2.18% on the day as on 12:44 IST on the NSE. Dish TV India Ltd is down 8.69% in last one year as compared to a 18.39% jump in NIFTY and a 1.23% jump in the Nifty Media.
Jubilant Foodworks Ltd soars 0.74%, gains for fifth straight session
The stock is quoting at Rs 1523.85, up 0.74% on the day as on 12:44 IST on the NSE. Jubilant Foodworks Ltd is up 124.57% in last one year as compared to a 18.39% jump in NIFTY and a 26.3% jump in the Nifty FMCG.
Colgate-Palmolive (India) Ltd up for five straight sessions
The stock is quoting at Rs 1156, up 0.79% on the day as on 12:44 IST on the NSE. Colgate-Palmolive (India) Ltd is up 6.57% in last one year as compared to a 18.39% gain in NIFTY and a 26.3% gain in the Nifty FMCG.
Tata Motors Ltd up for five straight sessions
The stock is quoting at Rs 273.3, up 1.18% on the day as on 12:44 IST on the NSE. Tata Motors Ltd is down 26.85% in last one year as compared to a 18.39% gain in NIFTY and a 5.16% gain in the Nifty Auto.
RBL Bank Ltd spurts 1.45%, up for fifth straight session
The stock is quoting at Rs 599.9, up 1.45% on the day as on 12:44 IST on the NSE. RBL Bank Ltd is up 19.59% in last one year as compared to a 18.39% jump in NIFTY and a 17.58% jump in the Nifty Bank.
Gold at 1-week high as Trump remarks on Fed weigh on dollar
BENGALURU (Reuters) - Gold prices on Tuesday climbed to a one-week high on the back of a weaker dollar, after U.S. President Donald Trump said he was "not thrilled" with the Federal Reserve for raising interest rates.
Coriander futures rise 1.27 pc on spot demand
Coriander prices were trading higher by 1.27 per cent at Rs 5,020 per quintal in futures trade today as participants built up fresh positions amid rising spot demand. Besides, tight stocks position on account of restricted arrivals from major growing belts also weighed on coriander futures. At the National Commodity and Derivatives Exchange, coriander for September rose by Rs 63, or 1.27 per cent, to Rs 5,020 per quintal, with an open interest of 38,190 lots. Similarly, the delivery for far-month October was trading higher by Rs 46, or 0.85 per cent, to Rs 5,398 per quintal with an open interest of 6,410 lots. Market analysts attributed the rise in coriander futures to the rise in demand at the physical market against tight stocks on fall in supplies from producing regions.
Castor seed futures rise on physical demand
Castor seed prices rose by Rs 15 to Rs 4,787 per quintal in futures trade today as speculators raised their holdings, supported by optimistic market lead. Marketmen said participants accumulated holdings on the back of a firm physical market trend, where prices enquired higher on restricted arrivals and pick up in demand from soap, paint and lubricant industries, supported the upside. At the National Commodity and Derivatives Exchange, castor seed for October gained by Rs 15, or 0.31 per cent, to Rs 4,787 per quintal, showing an open interest of 23,690 lots. Similarly, delivery for September moved up by Rs 10, or 0.21 per cent, to Rs 4,727 per quintal, with the business turnover of 1,34,030 open interest lots.
Airline stocks rise as domestic passenger traffic grows in July
Airline stocks today surged as much as 3 per cent in morning trade after official data showed that domestic passenger traffic grew 21 per cent in July as compared to the year-ago month. According to the data, domestic airlines carried 115.57 lakh passengers in July this year. Shares of InterGlobe Aviation today opened at Rs 1,075, then gained further ground and touched a high of Rs 1,106, up 1.86 per cent over the previous close. SpiceJet stock also opened on a strong note and touched a high of Rs 87.20, up 3.01 per cent over its last close. Shares of Jet Airways however fell nearly 4 per cent in morning trade after reports surfaced that the Ministry of Corporate Affairs has opened a preliminary inquiry into the carrier. Shares of Jet Airways opened on a weak note at Rs 297.80, then fell to a low of Rs 289.95, down 3.73 per cent over its previous closing price. Budget carrier IndiGo continued to be the largest player with a market share of 42.1 per cent while that of national carrier .
Oil firm on tighter U.S. outlook, but strategic reserve release caps market
SINGAPORE (Reuters) - Oil prices held firm on Tuesday, with U.S. fuel markets seen to be tightening, although the release of crude from the American strategic reserve somewhat offset an expected supply cut due to upcoming sanctions against Iran.
Soybean futures fall on global leads
Soybean prices slackened by Rs 14 to Rs 3,336 per quintal in futures trade today as speculators reduced holdings in tandem with lower overseas cues. Marketmen said following the subdued global markets trend, traders were minimizing their holdings, which described the downfall in soybean futures prices. At the National Commodity and Derivatives Exchange counter, soybean delivery for October fell by Rs 14 or 0.42 per cent to Rs 3,336 per quintal, persisting an open interest of 52,630 lots. Also, the delivery for November shed Rs 13 or 0.39 per cent to Rs 3,338 per quintal, mirroring an open interest of 30,320 lots.
Cottonseed oil cake futures improve on spot cues
Cottonseed oil cake prices marked up by Rs 19.50 to Rs 1,859 per quintal in futures trade today as operators collected bets in the face of strong physical markets trend. Marketmen said, firm stance at the spot markets where prices ruled higher on thin supplies and gearing up in demand for animal feed making industries, encouraged traders to build up exposures, which pushed up trading sentiments in the cottonseed oil cake futures prices. At the National Commodity and Derivatives Exchange platfrom, cottonseed oil cake delivery for the most active September month contract spurted by Rs 19.50 or 1.06 per cent to Rs 1,859 per quintal, revealing the business turnover in 1,32,640 open interest lots. Meanwhile, the delivery of the second contract October month edged up by Rs 3 or 0.17 per cent to Rs 1,758 per quintal, open interest stood at 34,700 lots.
B A G Films & Media Ltd leads gainers in 'B' group
SPL Industries Ltd, Sundaram Brake Linings Ltd, Orient Bell Ltd and Adlabs Entertainment Ltd are among the other gainers in the BSE's 'B' group today, 21 August 2018.
BLS International launches accelerator to nurture Indian start-ups
BLS International Services Ltd, one of the world's largest specialist service providers for outsourcing of visa and consular services, on Tuesday kick-started BLS Accelerator -- a start-up nurturing programme to help innovative business attain the right mentoring and scale.
Alibaba-backed Paytm rolls out AI Cloud for India
In collaboration with Chinese tech giant Alibaba, digital payments major Paytm on Tuesday launched its AI Cloud computing platform for developers, start-ups and enterprises in India.
Kajaria Ceramics Ltd leads gainers in 'A' group
Radico Khaitan Ltd, Kwality Ltd, GlaxoSmithkline Consumer Healthcare Ltd and Varun Beverages Ltd are among the other gainers in the BSE's 'A' group today, 21 August 2018.