Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Photograph: Dado Ruvic/Reuters Traders said the OMC stocks
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000. Photograph: Kind courtesy, Makara Heng/Pexels Amid increased buzz around Tesla’s entry into the Indian market, analysts feel that the US firm will have
Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by
Benchmark BSE Sensex surged by 740 points while Nifty snapped a 10-day losing streak on Wednesday following value buying in utilities and power shares and a strong trend in global markets. Photograph: Savita Kirloskar/Reuters The 30-share BSE Sensex surged by
The National Stock Exchange (NSE) announced on Tuesday that it will change the expiry date for all Nifty index weekly derivatives contracts. Effective April 4, the expiry day for Nifty weekly Futures & Options (F&O) contracts will move from Thursday
Further, Coforge has acquired Rythmos Inc. for $48.7 million and TMLabs Pty Ltd for Australian $20 million (about $12.5 million). Coforge also announced a stock split in the ratio of 1:5. The Sabre agreement is Coforge’s largest-ever multi-year deal win,
India’s services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. Photograph: Francis Mascarenhas/Reuters
China on Tuesday retaliated US President Donald Trump’s imposition of 2nd round of ten per cent tariffs on its export by slapping an additional 15 per cent tariffs on American goods and initiated legal action against Washington in WTO while
Imposition of high tariffs on China, Mexico, and Canada by the US is expected to help Indian exporters in increasing their shipments to the American market, experts say. Photograph: Aly Song/Reuters They added that sectors which can be benefited include
Falling for the third straight day, benchmark BSE Sensex declined by 96 points to close below the 73,000 mark on Tuesday amid global equity rout on tariff war worries and persistent foreign fund outflows. Photograph: PTI Photo from the Rediff
