Stock Market News: Following a global sell-off sparked by weaker-than-expected US data, the domestic benchmark indices, the Sensex and the Nifty 50, ended a weeks-long winning run on Friday, led by information technology (IT) and auto companies. The Sensex lost 1.08% to 80,981.95, marking the first drop in six sessions, […]
GAIL
Indian stock market: Market indices Sensex and Nifty reached new closing highs on Monday, July 15, driven by gains in select index heavyweights including SBI, ONGC, NTPC, and ITC. The Nifty 50 reached a new record peak of 24,635.05 during the session, ultimately closing 85 points higher at 24,586.70, an […]
Indian stock market: Indian benchmark indices – Nifty and Sensex – ended Monday’s trading session in a flat note. The Sensex opened at 79,915, down from its previous close of 79,996.60, and remained in negative territory for most of the session. The index ultimately closed 36 points, or 0.05 percent, […]
Stock Market News: Profit-booking took centre stage on Friday’s session, prompting the domestic benchmark indices, the Nifty 50 and Sensex, to give up early morning gains and remain in the negative throughout the day’s trading. Market experts noted that the market breadth too favoured the bears as only 18 stocks in […]
The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house […]
In its latest note, global brokerage house Jefferies highlighted that the Modi government’s renewed efforts to include natural gas under GST could benefit companies like Gujarat Gas Ltd, GAIL (India) Ltd, and Petronet LNG Ltd. The brokerage noted that among the 4 key states that could hold sway, 3 are […]
In the second special trading session, the 30-share BSE Sensex concluded at 74,005.94, marking a gain of 88.91 points, or 0.12%. Meanwhile, the NSE Nifty 50 surged to 22,502.00, indicating an increase of 35.90 points, or 0.16%. Across the broader market spectrum, the Nifty Midcap 100 saw a 0.51% uptick, […]
India’s largest natural gas company GAIL declared results for the quarter ended March 2024 (Q4FY24). The company posted a 260 percent jump in its March quarter standalone net profit at ₹2,177 crore as against ₹603.5 crore in the same period last year. However, on a sequential basis, the firm’s net […]