Sebi slaps Rs 25 lakh fine on Sheen Agro’s directors
The regulator had conducted a probe in fund mobilization by Sheen Agro. – Stocks-Markets-Economic Times
Month: June 2020
Eight core industries’ output contracts 23.4% in May
Barring fertiliser, all seven sectors — coal, crude oil, natural gas, refinery products, steel, cement, and electricity — had recorded negative growth in May. – The Hindu – Economy
Fiscal Deficit Touches 58.6% Of Annual Target This Year In Two Months
Net tax receipts during April-May period were Rs 33,850 crore, while total expenditure was Rs 5.12 lakh crore – NDTV Profit – Latest
Core Sector Production Contracts 23.4% In May
Core sectors form a subset of the Index of Industrial Production (IIP), which tracks the overall output of factories in the country. – NDTV Profit – Latest
India’s Covid-19 curve not flattening, but numbers are giving positive vibes
Recent data suggests a steady increase in the number of Covid-19 cases. – Stocks-Markets-Economic Times
Tech View: Nifty forms small bearish candle, shows steady loss of strength
Analysts said the index is losing strength and the bias has turned negative. – Stocks-Markets-Economic Times
Exide Life Insurance FY20 net profit up 89% at Rs 28.3 crore
The private sector insurer had registered a net profit of Rs 15 crore in fiscal year 2018-19. – Stocks-Markets-Economic Times
Sebi again eases compliance rules for processing of demat request
The relaxation has been extended till July 31, the Sebi said in a circular. – Stocks-Markets-Economic Times
Sensex erases early gains, sheds 46 points, but logs best quarter in 11 years
Among the sectoral indices, BSE Oil & Gas index dropped the most. – Stocks-Markets-Economic Times
F&O: Low volatility signals bullish stance, but Nifty gives bearish vibes
India VIX moved up marginally by 0.72 per cent to 29.11 level. – Stocks-Markets-Economic Times