Shares of One97 Communications Ltd., the parent of Paytm, were volatile in early trade on Wednesday after its board approved a proposal to buy back equity shares worth Rs 850 crore.
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Stock Market: What’s dragging market today?
Stock Market: “Indian markets witnessed a sharp fall on the back of rising geopolitical tension between Russia and Ukraine. This geopolitical tension is leading to a sharp rise in crude oil prices which is another headwind for Indian equity markets.
India Sugar Mills Pause Export Deals in Bet Price Will Rise More
India Sugar Mills: Sugar exporters in India are holding off signing any more export contracts, in a bet that global prices will rally further after bad weather damaged crops in top grower Brazil.
Maruti Suzuki India Ltd (MARUTI-532500) – I Told You Below 6000 Big Downfall, CMP 5490, Watch 510 Points Down Enjoy
In an indication that vehicle sales may remain subdued in the upcoming festival season, Maruti Suzuki India ltd – the country’s largest passenger vehicle manufacturer- will not push inventories at dealerships. This comes as most dealer partners are financially stressed and as the overall slowdown in the economy continues keep customers away from showrooms.
Salzer Electronics to Buy 72% stake in Kaycee Industries in All Cash Deal
Gold Silver Reports (GSR) – Salzer Electronics Limited, which offers electrical solutions, on Monday signed a deal to acquire a 72.32 per cent stake in Kaycee Industries Limited in an all cash deal. Salzer will make an offer to purchase a 26 per cent additional stake from public for a total equity value of Rs 22 crores.
Nifty 50 Traded Near 10900, Sensex Up 300 points
The Nifty 50 traded near 10,900. Asian stocks began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth. US equity futures edged up with stocks in Japan and Australia, while shares slipped in Shanghai and Hong Kong. Oil prices climbed after US drilling activity fell to its lowest level in about two months.
Yestday STBT Call Rocking Watch Nifty, Bank Nifty And Future Stocks – Enjoy Tons of Money
Yestday STBT Call Rocking Watch Nifty, Bank Nifty And Future Stocks – Enjoy Tons of Money
The Indian rupee (INR) fell sharply against the US dollar (USD) today after the shock exit of RBI governor Urjit Patel, who announced his resignation on Monday. The rupee was trading at 72.46 against the US dollar, down 1.5%, as compared to yesterday’s close of 71.32. The dollar also gained other currencies, putting further pressure on the rupee. The abrupt resignation of RBI chief has raised worries about further outflows from Indian markets. The counting of votes in five states began today from 8 am. Early trends indicate a tight race between BJP and Congress in Madhya Pradesh while Congress ahead in Rajasthan.