India Financial News

Indian Oil Corporation Ltd. 0.48 per cent to Rs 135.45 at 11:27AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 311,947 shares with a turnover of Rs 4.21 crore till 11:27AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 10.93, while the price-to-book value ratio stood at 1.26.

«And if you look at the expectation and the probabilities of further rate cuts in the US, there is only an expectation of another 25 basis points cut in the next six months,» says Punita Kumar Sinha, Pacific Paradigm Advisors. A very interesting point that you made there that a couple of these MNCs now are actually looking to delist in some of the other geographies and make way for the India entry. But this particular year has been quite robust in terms of the new IPOs entering into the markets and the new companies entering into the Indian markets. But what I wanted to know is that what is keeping FIIs back from investing in coming ahead and putting the money in the Indian markets? And what can actually be changed in the overall environment to get these FIIs back into the Indian markets? What is your take on that? Punita Kumar Sinha: Well, as I said, the perception was or has been created across the world is that India is an expensive market and the valuations in India are much higher than the rest of the world, which has kept some of the foreign investors a little bit on the sidelines.

Kim Jong Un oversaw the launch of plans for a new beachside tourist resort, state media said on Tuesday, a «first big step» in a potentially wider border reopening.

Subscribe to enjoy similar stories. India's two wealthiest individuals saw a slight dip in fortunes in 2024. Mukesh Ambani retained the top spot with $91.3 billion in 2024, but that marked a slight dip in his net worth, from $96.3 billion at the end of 2023.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 0.49 per cent to Rs 6089.70 in Tuesday's trade as of 10:50AM (IST). The stock hit a high price of Rs 6100.00 and low of Rs 5978.70 during the session. The return on equity (ROE) for the stock stood at 11.78 per cent. Traded volume on the counter stood at 10:50AM shares and turnover at Rs 2.24 crore around that time. The stock of <a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. quoted a 52-week high price of Rs 6448.75 and 52-week low prices of Rs 3350.05, respectively.

Dinesh Sharma has praised Uttar Pradesh Chief Minister Yogi Adityanath for boosting economic growth through religious tourism ahead of the Mahakumbh 2025 in Prayagraj, calling it an 'unprecedented' effort that deserves recognition.

Himachal Pradesh, not all positive. The ruling party lost the Rajya Sabha polls, communal tension erupted in Shimla and the state assembly got an MLA couple as Chief Minister Sukhvinder Singh Sukhu's wife Kamlesh won the Dehra bypoll. Then there were some amusing stories — the humble samosa triggered a CID probe and the endangered 'jungli murga' had its moment in the spotlight.

India made it to the high table of clean energy superpowers with installed capacity crossing 200 gigawatts and projections of investment doubling to over USD 32 billion in 2025. According to the International Energy Agency, India's annual renewable capacity additions through 2030 are expected to increase more quickly than any other major economy, including China. It seeks India's capacity addition more than quadrupling from 15 GW in 2023 to 62 GW in 2030. By the end of 2024, its installed capacity touched 205 GW.

ICICI Lombard General Insurance Company Ltd. 0.45 per cent to Rs 1800.10 in Tuesday's trade as of 10:46AM (IST) even as the benchmark Nifty ruled at 23539.45, 105.46 points. The scrip had closed at Rs 1808.25 in the previous session. The stock quoted a 52-week low of Rs 1354.80 and a high of Rs 2285.85. The company quoted a market-cap of Rs 89279.58 crore on the BSE.

ICICI Lombard General Insurance Company Ltd. traded 0.45 per cent up at Rs 1800.10 at around 10:45AM (IST) on Tuesday. The stock had closed at Rs 1808.25 in the previous session. Equity benchmark Sensex traded 400.78 points at 77847.35 around the same time.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. traded 0.49 per cent at Rs 6089.70 at 10:51AM (IST) on Tuesday, even as BSE benchmark Sensex 439.57 points to 77808.56. The scrip had settled at Rs 6059.55 in the previous session. The stock quoted a 52-week high price of Rs 6448.75 and 52-week low of Rs 3350.05, respectively. As per BSE data, total traded volume on the counter till 10:51AM (IST) stood at 3698 shares with a turnover of Rs 2.24 crore.

ICICI Lombard General Insurance Company Ltd. 0.45 per cent to Rs 1800.10 in Tuesday's trade as of 10:46AM (IST). The stock hit a high price of Rs 1819.75 and low of Rs 1794.10 during the session.

GMR Power and Urban Infra Ltd.(up 5.00%), Torrent Power Ltd.(up 3.63%), SJVN Ltd.(up 1.26%), NLC India Ltd.(up 1.14%), Gujarat Industries Power Company Ltd.(up 0.93%), India Power Corporation Ltd.(up 0.79%), PTC India Ltd.(up 0.72%), Orient Green Power Company Ltd.(up 0.66%), GE Power India Ltd.(up 0.52%) and RattanIndia Power Ltd.(up 0.46%) were among the top gainers.

Subscribe to enjoy similar stories. BENGALURU : Peak XV Partners-backed health-tech firm Pristyn Care is in early talks to raise up to $100 million from new and existing investors in a largely primary round, three people close to the development told Mint. "It is likely to be between $50-100 million that will materialize sometime in the first half of next year," one of the people said. The person added that the company, whose valuation is yet to be decided, plans to use the proceeds for its expansion.

America First policies emphasise local production, reducing reliance on imports and imposing tariffs on foreign goods. Trump fired a warning shot at India recently. “If they tax us, we tax them the same amount… The word reciprocal is important because if somebody charges us… if India charges us 100%, do we charge them nothing for the same?”

deepfake images using generative AI. The survey, conducted between December 2023 and November 2024, showed that these sites received 59.73 million visits from the United States, followed by 24.57 million visits from India, and 18.43 million visits from Japan during this period, according to The Star.

Cummins India Ltd. 0.21 per cent to Rs 3229.40 in Tuesday's trade. It hit a high of Rs 3278.00 and low of Rs 3222.55 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 3549.86, while the 50-DMA was at Rs 3463.24. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

InCred Equities has a reduce call on SBI Cards and Payment Services with a target price of Rs 500. The current market price of SBI Cards is Rs 673.7. SBI Cards, incorporated in 1998, is a Small Cap company with a market cap of Rs 64039.35 crore, operating in Financial Services sector. SBI Cards and Payment Services' key products/revenue Segments include Fees & Commission Income, Interest, Other Services, Sale of services and Commission for the year ending 31-Mar-2024.

Cummins India Ltd. traded 0.21 per cent in Tuesday's session at 10:09AM (IST). The stock opened at Rs 3222.55 and has touched an intraday high and low of Rs 3278.00 and Rs 3222.55, respectively, during the session so far. The stock quoted a 52-week high of Rs 4169.50 and a 52-week low of 1928.70. About 1,780 shares changed hands on the counter so far.

Cummins India Ltd. rose 0.21 per cent to Rs 3229.40 in Tuesday's trade. It hit an intraday high of Rs 3278.00 and low of Rs 3222.55, respectively, during the day. The stock quoted a 52-week high price of Rs 4169.50 and low of Rs 1928.70.