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RBI Reduces Key Interest Rate By 25bps, Markets Volatile

In line with market expectations, the Reserve bank of India (RBI), its first bi-month Monetary Policy Committee meeting on Thursday, reduced key benchmark policy rates by 25bps to 6.00%, in a 4-2 split vote on Thursday. The repo-rate, at which commercial banks borrow from the RBI, now stands at 6%.  The...
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Adani Enterprises arm acquires stake in Alpha Design Tech, Stock down

Looking to the stock movements of Adani Enterprises Limited, it seems that investors were not inspired with this development, as the share movement of Adani Enterprises Limited is not in a positive circuit
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Tata Motors JLR retail sales down 8-pc, Stock Up

Tata Motors Limited share price is lively at Rs 163.30, up 0.40 percent, from its previous close of Rs 162.65 on the NSE. The scrip opened at Rs 162.25 and has touched an intraday high of Rs164.20 and a low of Rs 160.80 during mid-market trade, Friday.