Sensex Today | Share Market Live Updates: Sensex, Nifty set to gain at start; Gift Nifty in green
₹6,558 crore in Indian stocks.Oil prices rose on Friday, regaining ground after tumbling more than $2 a barrel in the previous session as concerns of a wider Middle East conflict eased while the United States, the world's biggest oil consumer, showed signs of weakening demand.Global markets continued to tumble with Wall Street nearly 10% below its high mark for the year after big-name companies warned an uncertain global economy may hurt their profits.Indus Towers, the world’s largest telecom tower provider, is in discussions with Vodafone Idea to create a ‘time-bound’ plan for the repayment of the telco's dues, even as it has received some pending dues from Vi during the quarter.“While the customer had some challenges during the quarter, we will receive the monthly payments in October from them. Our expectation is that the monthly payment will continue.
We will continue to charge as per the MSA (master services agreement) rates and are currently working with them on creating a robust, time-bound plan to unwind the past dues," Prachur Shah, MD and CEO of Indus Towers said during an earnings call on Thursday, without naming Vodafone Idea. (Read More)Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher recommends these stocks for intraday trading:1] Maharashtra Seamless: Buy at ₹681.90, target ₹740, stop loss ₹640;2] Religare Enterprises: Buy at ₹228.85, target ₹240, stop loss ₹224; and3] Trent: Buy at ₹2031, target ₹2100, stop loss ₹1980.
(Read More)Markets regulator Sebi has written to the Association of Mutual Funds in India (AMFI), seeking the views of individual asset management companies (AMCs) on a new mutual fund category. The proposed category will cater to investors with a high risk
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