Experts Financial News
08.11 / 12:49
08.11 / 12:49
08.11 / 10:07
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NFO Alert: Tata Mutual Fund launches innovation fund
Tata Mutual Fund has announced the launch of Tata Innovation Fund, an open-ended equity scheme following the innovation theme.
08.11 / 10:07
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Adani Power cuts Bangladesh supply by over 60% on payment dispute
Adani Power has further reduced electricity supply to neighbouring Bangladesh as it seeks to recover more than $800 million in dues, according to data from Bangladesh's grid operator and two sources familiar with the move.
08.11 / 10:07
08.11 / 09:39
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New kind of ''Jihad'' in Karnataka through Waqf Board, alleges Union Minister Pralhad Joshi
Waqf Board claiming ownership of lands belonging to farmers, temples and others. Hitting out at the Congress government headed by Chief Minister Siddaramaiah, he said the ruling party has reached «height of appeasement politics,» and alleged that it has in a way made appeasement of minorities its «goal.»
08.11 / 09:39
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European shares muted as luxury firms fall
shares were subdued at the open on Friday on the back of mixed earnings results, while heavyweight luxury firms fell after Richemont's results failed to impress. The pan-European STOXX 600 held firm at 509.9 points as of 0817 GMT, with healthcare leading subsector gains with a 1.1% rise, while basic resources lagged with a 2.4% fall.
08.11 / 09:39
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Ashok Leyland Q2 Results: Profit jumps 37% YoY to Rs 770 crore; Rs 2 per share dividend declared
However, revenue from operations declined 9% YoY to Rs 8,768.8 crore in the reporting period, compared with Rs 9,638 crore in the corresponding period of last year.
08.11 / 09:39
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JioCinema business head Ferzad Palia to step down
Ferzad Palia, Business Head of JioCinema, is set to step down from his role, according to sources familiar with the matter. Palia will remain with the organisation during the transition period, particularly as merger-related activities progress, to ensure a smooth handover.
08.11 / 08:55
08.11 / 08:55
08.11 / 08:55
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GAIL shares 2.54% as Nifty drops
GAIL (India) Ltd. traded 2.54 per cent in Friday's trade at 02:09PM (IST). Around 502,607 shares changed hands on the counter. The scrip opened at Rs 210.40 and touched an intraday high and low of Rs 210.40 and Rs 203.90, respectively, in the session so far. The stock of GAIL (India) Ltd. quoted a 52-week high of Rs 246.35 and a 52-week low of Rs 122.90.
08.11 / 08:55
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Ashok Leyland shares 2.31% as Sensex falls
Ashok Leyland Ltd. traded 2.31 per cent at Rs 220.80 at 02:05PM (IST) on Friday, even as BSE benchmark Sensex 98.56 points to 79443.23. The stock had closed at Rs 215.80 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 264.70 and Rs 157.65, respectively.
08.11 / 08:55
08.11 / 06:13
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Sensex falls! But these stocks are up over 10% on BSE
Stocks that rallied over 10% included, Adroit Infotech (PP)(14.32%), Aksh Optifibre(12.23%), Sayaji Hotels(11.84%), Trans Freight(11.73%), Shiva Texyarn(10.82%), Reliance Chemo(10.08%) and BKV Industries(10.00%).
08.11 / 06:13
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HDFC AMC share price 0.6 per cent
HDFC Asset Management Company Ltd. traded 0.6 per cent up at Rs 4488.80 at around 11:28AM (IST) on Friday. The stock had closed at Rs 4516.30 in the previous session. Equity benchmark Sensex traded 93.3 points at 79448.49 around the same time.
08.11 / 06:13
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Courts
Satanic Verses not banned in India? Officials tell court they can't find order banning Salman Rushdie's controversial book
Salman Rushdie’s controversial novel, The Satanic Verses, after noting that authorities could not produce the notification that imposed the ban. In a ruling passed on November 5, a bench comprising Justices Rekha Palli and Saurabh Banerjee concluded that without the original ban notification, the case could not proceed and was therefore “infructuous”, a TOI report stated.
08.11 / 05:47
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Stock market update: Nifty IT index 1.08% in a weak market
Wipro Ltd.(up 2.39 per cent), Tech Mahindra Ltd.(up 2.02 per cent), Infosys Ltd.(up 1.85 per cent), Coforge Ltd.(up 1.63 per cent) and LTIMindtree Ltd.(up 1.25 per cent) were among the top gainers.
08.11 / 05:47
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Tata Elxsi shares 0.66% as Nifty falls
Tata Elxsi Ltd. rose 0.66 per cent to Rs 7209.05 in Friday's trade. It hit an intraday high of Rs 7235.00 and low of Rs 7100.00, respectively, during the day. The stock quoted a 52-week high price of Rs 9191.10 and low of Rs 6406.60.
08.11 / 05:47
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Lupin stock price 0.4 per cent as Sensex
Lupin Ltd. 0.4 per cent to Rs 2119.00 at 11:02AM hours (IST) on Friday. 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 67,166 shares with a turnover of Rs 14.23 crore till 11:02AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 36.86, while the price-to-book value ratio stood at 5.16.
08.11 / 05:47
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Wipro shares rise 3% amid 8.5 crore shares change hands in two block deal
Wipro shares climbed nearly 3% to Rs 578.8 in Friday's trading session on the BSE following reports of two block deals executed on the counter. Media reports indicate that 8.5 crore equity shares of Wipro were exchanged in a pre-market block deal, with the promoter likely being the seller.
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