Stocks

The Union Cabinet on Wednesday approved a capital infusion of ₹ 6,000 crore by the government in the National Investment and Infrastructure Fund (NIIF), a sovereign wealth fund, over the next two years, Minister of Information And Broadcasting Prakash Javadekar said. The government would invest ₹ 2,400 crore in the NIIF during the current financial year ending in March that...

The domestic stock markets are likely to open flat, after two succesive days of gains, going by indications from SGX Nifty futures. Trends on SGX Nifty indicate a flat opening for the index in India. At 7:30 am, the Nifty futures were trading virtually unchanged at 12,953 on the Singapore Stock Exchange. Asian stocks opened higher on Tuesday as COVID-19 vaccine progress...

The government is likely to report a current account surplus at the end of the current financial year ending in March 2021, mainly led by a fall in imports, the chief economic adviser at the ministry of finance said on Monday. India's current account surplus rose to a record $19.8 billion in April-June as its trade deficit narrowed sharply, the...

Domestic stock markets are likely to start Friday's session on a positive note, a day after benchmark indices halted a winning streak that lasted four days in a row. The Singapore Exchange Nifty futures - an early indicator of the National Stock Exchange's Nifty 50 benchmark index added 54.45 points to touch 12,831.80 at the strongest level recorded ahead...

Vodafone's European towers unit, which is currently gearing up for a stock market listing, on Tuesday said it expects pro forma adjusted core earnings of up to 540 million euros ($640 million) in its 2021 financial year.The mobile operator on Tuesday will detail the prospects for Vantage Towers, which will IPO in Germany, Vodafone's biggest market. Vantage will operate...

Domestic share markets started Samvat 2077, or the new year according to the Samvat Vikrami calendar, at record highs. Benchmark indices S&P BSE Sensex and NSE Nifty 50 managed to gain 4,384.94 points (11.23 per cent) and 1,136.05 points (9.81 per cent) in Samvat 2076, which is the period from Diwali 2019 to the eve of Diwali 2020. IT...

The S&P BSE Sensex and NSE Nifty 50 indexes rose for an eighth session in a row on Wednesday as benchmarks clocked new record highs during the day. The Sensex rose as much as 431 points to hit a new record high of 43,708.47 and Nifty 50 index made a new all-time high of 12,769.75. Infosys, HDFC, Kotak Mahindra...

The S&P BSE Sensex and NSE Nifty 50 indexes rallied for seventh session in a row to close at record highs for second straight session as investors' confidence got a boost after pharma major Pfizer said that its vaccine being jointly developed by Pfizer and BioNTech was 90 per cent effective in preventing Covid-19 infections triggering hopes of a...

The S&P BSE Sensex and NSE Nifty 50 indexes surged to record highs on Monday on the back of strong global cues on expectations of better global trade ties and more monetary stimulus under the US President-elect Joe Biden supported risk appetite. Better-than-expected earnings in September quarter by Indian companies also boosted the investors' confidence, analysts said. The Sensex...

The S&P BSE Sensex and NSE Nifty 50 indexes rallied for a fifth session in a row on Friday led by strong gains in Reliance Industries, HDFC, HDFC Bank, Infosys, Kotak Mahindra Bank and ICICI Bank. The benchmarks opened higher and extended gains in noon deals on the back of strong buying interest in banking and financial services shares....