Petrol, Diesel Price Today 20 January 2024: Oil prices rebounded on Monday as concerns over global supply continue to prevail following two rounds of sanctions by the United States impacting Russia’s energy sector because of the ongoing conflict in Ukraine. As per the latest update, Brent crude futures went up by 34 cents and reached
The share price of One97 Communications fell as much as 3% to an intra-day low of Rs 872.30 after the company reported a net loss in the third quarter of FY24. However, the Paytm share price recovered some ground soon to quote at Rs 899.20 on the National Stock Exchange. Shares of One97 Communications, the
Kotak Mahindra Bank share price has seen a big leg-up in Monday trade on strong earnings and an Upgrade from Nuvama on the back of the Q3 performance. price have been on an uptrend following its Q3FY25 earnings. The share price of Kotak Mahindra Bank surged by over 9% intra-day. The Kotak Mahindra Bank’s share
Wipro’s share price is up over 8% after the company reported its quarterly results. Some brokerage houses are however concerned about the IT sector outlook going forward and its implications on the stock- CITI cautious of Indian IT services Citi however is not convinced. It has maintained its ‘Sell’ rating on Wipro, with a target
Oyo is back at it again, reviving its IPO plans after two previously aborted attempts. The hospitality giant is gearing up to file its draft red herring prospectus (DRHP) by the end of the first quarter of FY25. This marks the company’s third try to go public, as it looks to cash in on a
Kalyan Jewellers is glitering this morning. The stock is up 9.5% intra-day after clocking nearly 37% losses YTD. In fact, Kalyan Jewellers shares fell in 4 out of 5 trading sessions last week and have wiped out more than 30% of investors’ wealth in the past month. This was after yielding over 500% returns in the last
Laxmi Dental, a company operating in the dental products industry, made its stock market debut today, January 20, with shares listing at a premium of 27%. A mainboard issue, the stock was listed on both the BSE and NSE. Listing Details On the BSE, Laxmi Dental’s shares opened at Rs 528, marking a 23.3% premium
The benchmark equity indices opened Monday’s trading session gap-up. The NSE Nifty 50 opened 50 points or 0.22% higher at 23,253.15, while the BSE Sensex rose 171.71 points or 0.22% to open at 76,791.04. The GIFT Nifty indicated a higher opening for the stocks. The GIFT Nifty was up 75 points or 0.32% at 23,313.
8th Pay Commission News: Ever since the Modi government announced its decision to set up the 8th Pay Commission, there have been all sorts of speculations among central government employees and pensioners about possible salary and pension hikes, the dates when the panel’s recommendations would be implemented, and other measures that the commission might recommend
Hindustan Unilever (HUL) has demerged its ice cream business through a scheme of arrangement approved by the Board on January 22. The FMCG major announced the demerger while reporting its quarterly results for the third quarter of FY25. The company will list Kwality Walls (India) separately, which it incorporated on January 10, 2025. HUL demerger
Polycab India Ltd on Wednesday released its fiscal third quarter earnings with profit at Rs 464.35 crore, recording a growth of 11.49 per cent in comparison to Rs 416.51 crore during the corresponding quarter of FY24, surpassing estimates. It posted revenue from operations at Rs 5226.06 crore, up 20.40 per cent as against Rs 4340.47
Nithin Kamath, the founder and CEO of Zerodha, has raised alarm over India’s growing borrowing habits, particularly in the segment of small-ticket personal loans and credit card borrowings. According to Kamath, aggressive marketing strategies by fintech apps have fueled this trend, with an increasing number of individuals taking loans they cannot afford. Kamath highlighted a
The information technology stocks soared high in Wednesday’s trading session. The Nifty IT, which compiled IT stocks, was quoting at a level of 42,227.60 on the NSE, up 1.27%. Out of the five top gainers on the Nifty 50, the first four were tech stocks. Among the components of the Nifty IT index, Wipro’s share
