ITC shares fell 3% after the Group of Ministers on GST rate rationalisation proposed increasing the tax on products such as aerated beverages, cigarettes, and other tobacco-related items to 35%. The current rate on such products is 28% as of now. This decision could be part of a larger initiative to modify tax rates on
Go to Live UpdatesAdani Power Share Price Today Live Updates, 03 Dec, 2024: The Adani Power share is in news and the counter closed trade on 02 Dec, 2024 at Rs 549. The shares touched intraday high of Rs 566.0 in the last trading session while the intraday low was at Rs 543.25. The company’s
Crude oil prices were slightly down due to multiple factors on December 3. The street is watching out for the decision of the OPEC+ meeting this week on December 5. Today, Brent crude futures were down by 9 cents, or 0.13 per cent and touched $71.74 per barrel. Similarly, US West Texas Intermediate (WTI) crude
Gold and silver bullion prices have fallen compared to yesterday but are still 1.6% higher than the last five days. The spot gold prices in the international market fell by 1% to $2,630.99 per ounce. The fall in prices was attributed to the strong Dollar Index pulling the prices lower. “Domestically, the correction is here
Go to Live UpdatesTorrent Power Share Price Today Live Updates, 03 Dec, 2024: The Torrent Power share is in news and the counter closed trade on 02 Dec, 2024 at Rs 1586.45. The shares touched intraday high of Rs 1619.40 in the last trading session while the intraday low was at Rs 1500.35. The company’s
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a muted start on Tuesday despite Asian markets trading on a higher note in early trade hours. Previously, on Monday, the NSE Nifty 50 closed 145 points or 0.60% higher to settle at 24,276, while the BSE Sensex rose 445
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a muted opening on Tuesday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty traded subdued as the index was trading 7 points or 0.03% higher at 24,429 indicating a negative start for
Dutch investment group, Prosus has said there’s a strong pipeline of potential IPO candidates from its Indian portfolio. These include Meesho, BlueStone, PayU and Urban Company, which are expected to go public over the next 18 months. “We are very excited about India. We started investing in India seven years ago, much before everyone was
Like several other industries, the insurance sector has high expectations from the upcoming Union Budget 2025–26. Insurance sector stakeholders, including middle-class taxpayers, are hopeful that FM Nirmala Sitharaman will announce some tax relief measures, like higher 80D deductions and a GST cut on health insurance, on February 1, when she presents the Modi 3.0 government’s
Fluctuations are a law of nature, affecting everything from everyday lives to larger industries like real estate. This principle has been particularly evident in the real estate sector during 2024. After the COVID-19 pandemic, as conditions began to normalize in 2022, both investors and end-users started actively buying properties. This enthusiasm extended into 2023 as
After months and even years of attacks on Adani Group, it seems like the Hindenburg effect on the conglomerate is finally coming to a stop. The US-based short-selling firm that was behind reports that wiped out tens of billions from the market value of Adani Group, Hindenburg Research is finally shutting shutters. On January 15
Sugar companies’ stocks surged in Thursday’s trade after Union Minister Nitin Gadkari said that India will achieve its target of 20% ethanol blending in the next two months. The share price of Dhampur Sugar Mills rallied as much as 8.4% to an intra-day high of Rs 156.91. EID Parry rose 3.3% to trade at Rs
Laxmi Dental IPO, a book built 698.06 crore received an overwhelming subscription rate during its three day subscription period. After closing on January 15, the allotment process is now underway. Investors who applied for shares can check their status online through multiple platforms. Here is everything you need to know about how to check the
