Sensex, Nifty Close Lower
Equities in other Asian markets moved higher amid figures that showed China’s manufacturing sector grew more than expected in June, following overnight gains in the US on strong housing data. … Read More
Month: June 2020
Government Procures Record Wheat, Experts Flag Storage Issues
FCI, which buys grain from farmers at a state-set guaranteed price, has bought a record 38.83 million tonnes of wheat – NDTV Profit – Latest
June auto sales may plunge up to 70%, but demand looking up
Automakers will start reporting monthly sales numbers from Wednesday. – Stocks-Markets-Economic Times
Share market update: PSU bank shares down; Central Bank falls 10%
The Nifty PSU Bank index was trading 0.98 per cent down at 1439.25. – Stocks-Markets-Economic Times
Share market update: FMCG shares trade higher; Emami jumps 6%
The Nifty FMCG index was trading 0.73 per cent up at 30188.95. – Stocks-Markets-Economic Times
Buy Oil India, target price Rs 110: Motilal Oswal
The brokerage has used an SOTP-based fair value of 8 times FY22E adjusted EPS of Rs 13.7 and added investments to arrive at a price target of Rs 110. … Read More
ETMarkets Survey: Betting on Dec earnings recovery? You are the biggest bull on D-Street
India Inc has largely refrained from providing any forward-looking guidance for now. – Stocks-Markets-Economic Times
COVID-19 May Set Back Banks’ Recovery By Years, Raise Bad Loans: S&P
Non-performing loans are likely to shoot up to 13-14 per cent of total loans in the fiscal year ending March 31, 2021. – NDTV Profit – Latest
Bond Yields Slide After Special Open Market Operation Announcement
The RBI said on Monday it will buy up to Rs 10,000 crore worth of papers in the 9-13 year tenor from the market on July 2 – NDTV … Read More
Why Sunil Mittal Is Bidding For This UK Satellite Firm
An arm of Mittal’s Bharti Enterprises conglomerate made an offer for the London-based OneWeb with backing from the U.K. government. – NDTV Profit – Latest