omc-STOCKS

OMC Stocks slip on proposed OPEC cut

Shares of marketing companies declined on Friday amid reports that OPEC and other major producers are looking to finalize a deal to slash production. Shares in ONGC declined 1.71-pc to Rs 126.60-apiece on the BSE and 1.86-pc to Rs126.50 on the NSE. Shares of HPCL slipped by 1.09-pc to Rs263-per...

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Market Turned Volatile, PSU Bank, Media hit hard

Equity front line indices changed its trends turning volatile during the mid-session, after opening higher in the morning session. Major selling pressure was witnessed in the Nifty PSU bank and Media, which slipped 3.26% and 3.14% respectively at 11.50-hrs. Union bank slipped 4.21%, Bank of Baroda lost 3.67% Central bank...

Market-Today

Markets Closed Lower, Baking Stocks Lag

Indices encountered high volatility from the mid-session after the RBI maintained its policy dynamics at the Accommodative stance, while the reverse repo rate has been maintained at 4.90-pc, besides cutting the real GDP growth for fiscal 2020 to 5pc from 6.1pc. The Sensex closed 70.70 points lower to 40,779, and...

Finance-Stocks

RBI leaves the repo-rate unchanged at 5.15pc, Stock slip.

Based on the assessment of the existing and developing macro-economic factors, the Central banks Monetary Policy Committee at its meeting today, Dec-5, concluded to keep the policy repo rate under the liquidity adjustment facility unchanged at 5.15pc. Accordingly, the reverse-repo-rate under the liquidity adjustments remains unaffected at 4.90pc, while the...

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Interest-Rate Sensitive Stocks higher ahead of RBI Policy

Shares of interest-rate sensitive sectors like banking, financial and real estate were trading on the upper circuit during the start of mid-session ahead of the RBI’s monetary policy decision today. Looking through this irrespective in the market, shares of Banking and finance sectors rise 25-30% higher, while Realty advanced 0.60%. The...

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Final Recovery In Markets From Lower Levels

United States Vs China trade developments supported the Indian market gains in the final hour session, Wednesday. Among sectoral stocks, excluding Realty, energy and infrastructure, all other segments closed in the green led by the IT, metal, banking and pharma. Throughout the day, the Sensex and Nifty fluctuated between gains...