Falls In Global Crude Oil Prices Led Gains In OMCs

Global crude oil prices set a decline on Monday with International Brent crude & US WTI crude futures  trading 1% down each. In addition, Brent crude plunged one percent. The Crude oil price benchmarks have fallen by about 3% since last week, hitting Read more

Share Market: Nifty Metal index down; Sail, JSW Steel falls near 3pc

Metal shares were trading considerably lower in Monday’s morning session with their sectoral index in the red.  Shares of Steel Authority of India  (down 3.09%), JSW Steel (down 2.55%) and Jindal Steel & Power (down 2.52%) were trading significantly lower  Read more

Emami Shares rally On Stake Sale By Promoters

Shares of Emami Limited zoomed near 15-percent in intraday on the NSE after the Company’s promoters sold 10-percent stake in Emami to raise Rs1,600crore, aprox. On BSE,  Emami share price jumped upto 15percent intraday  high of Rs409.30, while on NSE, the Read more

Vodafone Idea stock Volatile after fund raising

India’s largest telecom operator on subscriber-base, Vodafone Idea Limited said in the stock exchange filing that the company has approved a Rs 25,000 crore fundraising plan through a rights issue to existing eligible equity shareholders and the fund infusion is Read more

Buzzing Stock: Motherson Sumi negotiates with German Leoni for merger

However, Shares react positively with this development. Motherson Sumi System’s share price quotes at Rs. 168 up by 3.90 percent on NSE during mid-market trade, Friday.