Month: May 2018

Sensex cracks 214 points, Nifty slips below 10,600 as Italian political crisis triggers global sell-off

May 30, 2018 / admin / 0 Comments

Remember Gitanjali Gems? Mehul Choksi firm stock doubles in 16 days after 95% fall; check this before you buy

May 28, 2018 / admin / 0 Comments

Shares of India’s second-largest jewellery maker by turnover Gitanjali Gems have been on a roller coaster ride since after the Mehul Choksi-led jeweller was allegedly named in nation’s biggest banking fraud at country’s second-largest PSU bank PNB. As per the probe by the CBI (Central Bureau of Investigation) and regulatory …

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India’s first Rs 7 lakh crore company! TCS strikes new feat after clinching $100 billion in market cap

May 25, 2018 / admin / 0 Comments

India’s largest IT services company by turnover and market capitalisation TCS(Tata Consultancy Services) on Friday achieved yet another feat just after the month when Indian IT bellwether clinched $100 billion in the market capitalisation. TCS crossed Rs 7 lakh crore in the market capitalisation in the morning deals on Friday. With a market …

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Sensex adds 318 points as Infosys, HDFC, TCS lead; Tata Motors tanks 7%; rupee regains 12 paise vs US dollar

May 24, 2018 / admin / 0 Comments

Indian stock markets started higher on Thursday with BSE Sensex rising more than 100 points as blue-chip shares of India’s second-largest IT company Infosys and country’s largest housing financier HDFC contributed considerably to the upsurge. In the early morning trades, the INR recoiled back from the 18-month lows against US dollar. …

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PSU banks day! SBI biggest gainer amid Sensex, Nifty today; 14 of total 21 PSB shares end in green

May 23, 2018 / admin / 0 Comments

As shares of India’s largest bank by asset size SBI (State Bank of India) surged more than 6% on Wednesday even after the bank reported the deepest-ever quarterly loss for the Jan-Mar period of the FY18, 14 out of the total 21 PSU bank shares ended in green. Surprisingly, shares of SBI have …

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SBI Q4 Results 2018: Bank reports biggest ever quarterly loss at Rs 7,718 crore, but shares rally 6%

May 22, 2018 / admin / 0 Comments

SBI Q4 Results 2018: India’s largest bank by assets and third-largest by market capitalisation State Bank of India (SBI) on Tuesday reported a standalone net loss of Rs 7,718.17 crore for the quarter ended 31 March 2018 as bad loan provisions doubled as compared to same quarter last year. This was …

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As petrol price soars to all time high, will government take steps to cut your fuel bill? What minister says

May 21, 2018 / admin / 0 Comments

Petrol prices at record high: After petrol prices hits fresh record high of Rs 84.40 per litre in Mumbai, breaching the previous record high of Rs 83.62 a litre in September-14, even as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers, will the …

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Sensex loses 35K mark as HDFC twins, ICICI Bank tank; Trump’s comment resumes trade war worries

May 18, 2018 / admin / 0 Comments

The domestic equity markets fell into heavy losses after starting on a weaker note on Friday as investors feared that the comment by US President Donald Trump could again escalate tensions between US and China. Meanwhile, Asian stock markets inched up slightly with market participants keeping a closer look at developments in …

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Anil Ambani group stocks fly like rocket! RCom share price jumps 65%, Reliance Naval surges 34%

May 17, 2018 / admin / 0 Comments

Shares of Anil Dhirubhai Ambani Group companies posted a massive surge in the dealings on Thursday with the stock of Anil Ambani’s telecom form Reliance Communications (RCom) and defence equipment manufacturer Reliance Naval and Engineering (RNaval) surging up to 65%. Shares of ADAG’s telecom company Reliance Communications (RCom) have been declining …

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Month: May 2018

India’s first Rs 7 lakh crore company! TCS strikes new feat after clinching $100 billion in market cap

SBI Q4 Results 2018: Bank reports biggest ever quarterly loss at Rs 7,718 crore, but shares rally 6%

As petrol price soars to all time high, will government take steps to cut your fuel bill? What minister says

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