India Financial News

Regional Comprehensive Economic Partnership (RCEP), a top official at a government think tank said on Thursday, years after the country decided to walk out of the China-backed Asian trade bloc.

Info Edge (India) Ltd. 1.27 per cent to Rs 7893.20 at 01:14PM (IST) in Thursday's trade. The scrip hit a high of Rs 8110.00 and low of Rs 7802.75 so far during the session. The stock had closed at Rs 7994.85 in the previous session. The counter had a total traded volume of 01:14PM shares so far with a turnover of Rs 1.12 crore on BSE. The stock traded at a price-to-earnings multiple of 157.85 and a price-to-book ratio of 2.39.

Darranga (Assam): The first Integrated Check Post (ICP) along the India-Bhutan border was inaugurated at Darranga in Assam on Thursday, officials said.

Colgate-Palmolive (India) Ltd. 1.56 per cent to Rs 2930.40 in Thursday's trade as of 12:37PM (IST). The stock hit a high price of Rs 2996.95 and low of Rs 2922.00 during the session. The return on equity (ROE) for the stock stood at 70.54 per cent. Traded volume on the counter stood at 12:37PM shares and turnover at Rs 1.91 crore around that time. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high price of Rs 3893.00 and 52-week low prices of Rs 2097.70, respectively.

The counter had a total traded volume of 12:32PM shares so far with a turnover of Rs 2.48 crore on BSE. The stock traded at a price-to-earnings multiple of 56.54 and a price-to-book ratio of 23.03.

As of 11:09 am, the issue had attracted bids for 2,75,03,790 shares, or 47% of the total issue size of 5,82,03,223 shares. The retail portion of the issue was subscribed 1.57 times, while the non-institutional category's subscription rate stood at 37%. The allocation for qualified institutional bidders was booked at 15%.

Indian Hotels Company Ltd. traded 0.18 per cent in Thursday's trade at 11:47AM (IST). Around 94,968 shares changed hands on the counter. The counter opened at Rs 693.95 and touched an intraday high and low of Rs 693.95 and Rs 679.45, respectively, in the session so far. Shares of the company of Indian Hotels Company Ltd. quoted a 52-week high of Rs 720.60 and a 52-week low of Rs 394.95.

Cummins India Ltd. 0.6 per cent to Rs 3589.80 at 11:52AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 8,144 shares with a turnover of Rs 2.93 crore till 11:52AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.56, while the price-to-book value ratio stood at 12.61.

At 11 am, the issue attracted bids for 24,98,62,000 shares, or 65% against the issue size of 38,70,64,594 shares. The retail portion of the issue was subscribed 2.82 times, and the non-institutional category's subscription rate stood at 37%. The qualified institutional buyers (QIBs) portion witnessed a subscription of merely 7%.

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Subscribe to enjoy similar stories. The much-awaited US election results on Wednesday showed that Donald Trump will be returning to the White House in early 2025. His return has intensified Indian discussions on future of the India-US trade relations.

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air quality continued to be in the «very poor» category. While the Air Quality Index at 9 am stood at 367, nine stations — Anand Vihar, Ashok Vihar, Bawana, Jahangirpuri, Mundka, Rohini, Sonia Vihar, Vivek Vihar, Wazirpur — reported air quality in the «severe» category, according to the Central Pollution Control Board (CPCB).

Sensex and Nifty50 opened marginally lower on Thursday, after logging gains in the previous session on Republican Donald Trump's win in the US presidential race. Investors are now turning their attention to the Federal Reserve's upcoming rate decision to gauge the interest rate trajectory. The BSE Sensex was trading 402 points, or 0.50%, lower at 79,975. The Nifty50 was down 125 points, or 0.51%, trading at 24,359 around 9:31 am.

buy call on Maruti Suzuki India Ltd. with a target price of Rs 13,875. The current market price of Maruti Suzuki India Ltd. is Rs 11,222.5. Maruti Suzuki, incorporated in 1981, is a Large Cap company with a market cap of Rs 352704.67 crore, operating in the Auto sector. Maruti Suzuki India's key products/revenue segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Other Operating Revenue, Service Income, Scrap, Rental Income for the year ending 31-Mar-2024.

Waaree Energies fell by 6.4% to their day’s low of Rs 3,400.50 even as the company secured an order for supply of modules upto 180 Mwp from a renowned customer engaged in the business of owning, developing and operating renewable power projects in India. The supply of modules is scheduled to commence at the end of November 2024 and complete in Q4 of FY 2025, the company said in an exchange filing.

Donald Trump heading back to the White House than Indian Prime Minister Narendra Modi.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Share Price Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels The Nifty 50 closed at 24,213.3 on the last trading day. This closing price reflects the overall performance of the top 50 companies listed on the National Stock Exchange of India.

Jonathan Schiessl, Deputy Chief Investment Officer, Westminster Asset Management, says if the export-oriented companies have domestic facilities in the US, that is a different story. But with some of the threats Trump was making earlier during the campaign, any business that is exporting equipment or even services into the US has to be having a long hard look at their business models. On the other hand, maybe less regulation in certain parts of the US economy will benefit growth. The US elections, a major event is out of the way. We are seeing that impact on the likely beneficiaries. The manufacturing companies are seeing a sharp run-up, the IT pack, the pharma pack, all are seeing good momentum in trade today. But what is your opinion when you talk about these sectors which are heavily dependent on United States policies? Jonathan Schiessl: The election hopefully will be out of the way in a matter of hours. But the next concern will be what on earth will the policy be? We have heard a lot of talk about potential tariffs, about trying to weaken the dollar but conversely, the dollar has strengthened a bit today. It is all up in the air still. None of us quite know what policies will be followed.