RBI’s new rule on exchange-traded rupee derivatives confuses brokers
L&T gains nearly 4% on commissioning its first Hydrogen electrolyser
HUF: The legal hack to double tax benefits and lower your tax outgo
Mirae Asset Mutual Fund seeks Sebi’s approval for mid, smallcap funds
China’s factory activity slows for 5th month as weak demand hampers growth
China’s factory activity shrank for the fifth straight month in February, suggesting weak demand remains an obstacle for the economy.
The official manufacturing purchasing managers index for last month edged lower to 49.1, the National Bureau of Statistics said in a statement Friday. That compares to the median forecast of 49.0 by economists surveyed by Bloomberg News, and January’s reading of 49.2. Read
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Suven Pharma soars 13% on announcing merger of Cohance Lifesciences
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Stock of this music company has zoomed 250% in last 10 months
Shares of Tips Industries (Tips Music) were up nearly 2 per cent to Rs. 527.95 on the BSE in Friday’s intra-day trade after Warner Music announced it has expanded its agreement with the company.
Meanwhile, the board of directors of the company also approved the proposal for buyback of up to 5,95,000 equity shares at a price of Rs. 625 per share for a total consideration of Rs. 37.18 crore through a tender offer. Read
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Metal stocks show mettle; Index jumps 2.5% led by SAIL, Tata, JSW Steel
Metal stocks were seen flexing muscle on the bourses on Friday as a faster-than-expected growth in the December quarter (Q3) gross domestic product (GDP) boosted sentiment.
The Nifty Metal index rallied 2.5 per cent in the intraday trade as against 1 per cent rise in the benchmark Nifty50 index. At 11:35 AM, SAIL, and Welspun Corp were ruling over 6 per cent higher each, followed by Tata Steel (up 4.6 per cent), JSW Steel (3.45 per cent), Ratnamani Metals (3 per cent), Hindalco (2.9 per cent), and Jindal Steel (2.8 per cent). Read
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ALERT: Sensex hits record high of 73,574; Nifty near fresh peak
Nifty near alltime high of 22,298.
Landmark Cars wins MG Motors dealership in Ujjain; stock rallies 9%
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Sensex soars over 600 points: 3 factors fueling this rally on March 01
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Decoded: MFs that will be most impacted by Sebi directive on small, mid-cap segments
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Eicher Motors rises; posts 6% YoY sales for February
CG Power surges 11% as JV to set up Rs 7,600-cr semiconductor unit
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Paytm gains 3% on discontinues inter-company agreements with its payments bank
Paytm and its payments bank unit have mutually agreed to discontinue various inter-company agreements in the process to reduce dependencies.
L&T up 3% on commissioning its first hydrogen electrolyser in Gujarat
It has commissioned its first hydrogen electrolyser at the green hydrogen plant at Hazira, Gujarat.
