Month: July 2018
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The bruising telecommunications price war unleashed by the entry of India’s richest man into the sector may continue for at least a year or as long as it takes Reliance Jio Infocomm Ltd. to nearly double its user base. Ambani’s telecom unit “will strive to double subscribers to 400 million …
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Idea shares collapsed to nearly 9-year low on Wednesday on news report of government rejecting Idea Cellular-Vodafone India dues request. Shares of Aditya Birla Group’s telecom company Idea Cellular tumbled within an hour of stock market opening on Monday and fell to a multi-year low around mid-morning session. The DoT …
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HUL share price today saw the biggest intraday fall in nearly 11 weeks after the FMCG giant’s Q1 FY19 results missed the street estimates despite a surge of 19% in Q1 net profit. The stock of HUL (Hindustan Unilever Ltd) was the biggest loser among the components of BSE Sensex and NSE …
2,000 stocks fall! RIL, ICICI Bank wipe out 124 points from Sensex today; 10-point stock market wrap
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Indian stock markets ended on a negative note on Monday following the muted to subdued activity in Asian stock markets and the unhappiness among investors after the WPI based inflation escalated to over 4-year high on the back of rising food and fuel prices. The key equity indices extended losses …
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RIL hits $100 billion again: Billionaire Mukesh Ambani-led Reliance Industries hit $100 billion mark in market capitalization, even as the shares surged to all-time high levels on Thursday. Reliance Industries shares zoomed to an intra-day high of Rs 1,091.5, up by nearly 5%, intra-day taking its market capitalization to 6.87 lakh crore, …
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Share Market Live Updates: Indian equity markets ended on a flatter note on Wednesday with Sensex and Nifty just managing to close in green while mid-cap stocks, auto shares, PSU bankers and metals finished with moderate to heavy losses. Shares of the Mumbai-headquartered India’s largest IT services and Tata Group’s cash cow …
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As the first-quarter FY19 earnings season begins, with heavyweight companies Infosys, RIL, HDFC Bank all set to release their report cards in the coming weeks, Motilal Oswal Securities’ has said that Bharti Airtel will be the only Nifty firm which is expected to post a loss in Q1 FY19. The domestic …
As first-quarter corporate earnings season for FY19 has begun with big blue-chips TCS, IndusInd Bank and Infosys lined up with their respective Q1 results in this week, Motilal Oswal Securities is betting big on four banks and is expecting profit revival in all PSU banks except PNB. The domestic research …
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