Market LIVE Updates: SGX indicates a negative start for Indian indices; RIL, Tata Steel, M&M in focus

US stock markets ended on the lower side on Thursday as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks. NASDAQ was down by 1.37% to 11066 levels. Asian markets are trading on a negative note.
#RIL #Indian #NASDAQ #News #Business #Markets


5 days ago

MARKET FATAFAT: Stocks that are making news today

NTPC5 triggers for the power sector that will play out in the next 5-8 years. RE capacity rising 82% by FY26-27 & 2.8X by FY30. ONGC, OIL INDIA, RIL, VEDANTAIndia panel will review gas-pricing formula to tame inflation.
#ONGC #News #Business #Markets


3 weeks ago

RIL stock trades flat in firm market post the 45th Annual General Meeting

The stock opened at Rs 2,621.70 and has hit a low of Rs 2,578.50 so far. In comparison, the stock was up 0.80 per cent at 58,438 points. The stock has underperformed the market by falling 1.8 per cent.
#RIL #Meeting #News #Business #Economy


4 weeks ago

Jio plans 5G launch by Diwali, earmarks ₹2-lakh crore investments BusinessLine

Reliance Jio has committed to delivering 5G services in Delhi, Mumbai, Kolkata and Chennai by Diwali 2022, and a pan India rollout by December 2023. Mukesh Ambani said that Jio’s 5G network will be the largest and most advanced in the world. He added that RIL has committed a total investment of ₹2-lakh crore.
#MukeshAmbani #RelianceJio #Delhi #News #Business #Economy


4 weeks ago

How to navigate Powell-fuelled selloff across markets

Markets with Santo & CJ Jerome Powell brushed aside market expectations. The duo share their thoughts on Cipla, RIL and Delta Corp.
#Santo&CJJeromePowell #News #Business #Markets


4 weeks ago

Shrikant Chouhan of Kotak Securities bullish on RIL, says stock pickers to have fun over next few months

If the market is under the influence of news flows from global markets, we see action/momentum shifting in mid-cap and small-cap stocks from large-cap companies. We feel the market would trade within the upward part of the P/E (price-to-earnings) band between 18x FY24 = 16,600 and 20xFY24 = 18,000. If drops between 17,200 and 17,000 levels, then it would offer decent buying opportunities for investors and positional traders.
#ShrikantChouhan #KotakSecurities #News #Business #Markets


4 weeks ago

Reliance agm: RIL AGM among 7 key factors that may guide markets this week - The Economic Times

Broader markets as midcap and smallcap indices gained up to 2%. Lack of major directional cues too helped the volatility to have an upper hand. IT emerged as the top laggard followed by pharma and energy stocks.
#RIL #News #Business #Markets


1 months ago

M-cap of five of top 10 firms declines Rs 30,737.51 cr, RIL biggest loser

Five of the top-10 valued firms together lost Rs 30,737.51 crore in market valuation last week. In the holiday-shortened week, the Sensex advanced 183.37 points or 0.30 per cent. HDFC Bank, Infosys, Hindustan Unilever, HDFC and Life Insurance Corporation of India were the gainers.
#Sensex #News #Business #Markets


1 months ago

Stocks to PTC India, Cipla, RIL, DMart, PNB, Tata Motors, Reliance Power, HDFC Bank

The are likely to start trade on a quiet note on Tuesday. As of 07:30 AM, the SGX Nifty futures quoted at 15,870, indicating an opening gain of 35-odd points. Cipla: The US FDA conducted a Pre Approval Inspection (PAI) at the company’s Indore plant from June 27 to July 01.
#PTCIndia #Indore #BusinessIndustrial #News #BusinessNews


2 months ago

Sensex climbs nearly 160 points, Nifty at 15,797 in early trade

BSE Sensex climbs nearly 160 points, NSE Nifty at 15,797 in early trade. Indexes track gains in index majors RIL, ICICI Bank and ITC amid mixed trend in global markets. International oil benchmark Brent crude dipped 0.13 per cent to USD 111 per barrel.
#BSESensex #BusinessIndustrial #News #BusinessNews


2 months ago

Are RIL, ONGC worth your money after govt's surprise export duty?

The government announced levy of export duty on petrol, diesel and aviation turbine fuel. The move clipped wings of upstream with shares of Reliance Industries declining over 7%. Other related stocks fell in the range of 3.5-15%. April-June quarter earnings season will begin this week with TCS kick-starting the earnings season.
#RelianceIndustries #BusinessIndustrial #EnergyUtilities #OilGas


2 months ago

Three out of top 10 firms lose ₹73,630 cr in m-cap; RIL's biggest drag

The combined market valuation of three of the 10 most valued domestic firms eroded by ₹73,630.56 crore last week. Reliance Industries Limited took the biggest hit, with HUL and ICICI Bank the other laggards. TCS, HDFC Bank, Infosys, LIC, SBI and Bharti Airtel were the gainers.
#RelianceIndustriesLimited #Finance


2 months ago

Three of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest loser

The combined market valuation of three of the 10 most valued domestic firms eroded by Rs 73,630.56 crore last week. Limited took the biggest hit, with HUL and ICICI Bank the other laggards from the top-10 pack. TCS, HDFC Bank, Infosys, LIC, SBI and HDFC and Bharti Airtel were the gainers.
#RIL #BusinessIndustrial #Finance


2 months ago

Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts

RIL’s shares lost 7 per cent or Rs 1.25 trillion of its value on Friday with the total market valuation at Rs Rs 16.29 trillion. RIL has two refineries in Jamnagar with one refinery set up as an exclusive special economic zone. Government also announced multiple steps to secure fuel supplies within the country against rising shortages of global diesel and supplies.
#RIL #Jamnagar #BusinessIndustrial


2 months ago

Markets end the day with tiny losses even as heavyweight RIL tanks 7%

The benchmark closed 111 points, or 0.21 per cent lower at 52,908, while the closed 28 points lower at 15,752. Shares of RIL, which has the highest weightage, tanked over 7 per cent. Both stocks dropped after the centre slapped taxes on fuel exports and local crude oil production.
#RIL #Finance #Investing #BusinessIndustrial


2 months ago

Indian equities end lower for 3rd day in line with global selloff; RIL cracks over 7%

Sensex slumps for 2nd day. NSE Nifty slipped over 28 points or 0.18 percent to 15,752 after a highly volatile session. BSE benchmark started the session below 53,000-level and swung around 1,000 points during the day. ITC, Bajaj Finance, HUL and Asian Paints were top five gainers on the index.
#RIL #Indian #BusinessIndustrial #Finance #Investing


2 months ago

RIL, ONGC: Time to sell oil stocks amid export tax on petrol, diesel?

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. More subscriptions can help us practise the journalism to which we are committed.
#BusinessStandard #BooksLiterature


2 months ago