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Markets are on a roll again

Markets are on a roll again

15-12-2019  comments

Markets last week lost on one trading day and gained on the remaining four trading sessions. BSE SENSEX gained 564.56 points or 1.40 per cent to close at 41,009.71 points, while the NIFTY gained 165.20 points or 1.39 per cent to close at 12,086.70…

RBI central board discusses policy structure for coop banks, NBFCs

RBI central board discusses policy structure for coop banks, NBFCs

14-12-2019  comments

Bhubaneswar (IANS) The RBI central board on Friday discussed policy framework for cooperative banks, NBFCs, current economic situation and domestic and global challenges.

The board's discussions focussed on issues related to urban cooperative…

Gems & jewellery segment sees silver lining

Gems & jewellery segment sees silver lining

14-12-2019  comments

Jaipur(IANS) The gems and jewellery segment sees a silver lining after a long slump as the number of queries has increased since last month, said former chairman of Gem and Jewellery Exports Council and Jaipur Jewellery Show secretary Rajiv Jain.

Sensex jumps 300 pts, Nifty tops 12k in early trade

Sensex jumps 300 pts, Nifty tops 12k in early trade

13-12-2019  comments

Mumbai (IANS) Sensex advanced over 300 points during the early trade on Friday while the Nifty surpassed the 12,000 mark.

Investors were upbeat owing to the Fed's dovish stance on future rate trajectory and strengthening rupee.

At…

Govt's stimulus report card says FDI inflow at record level

Govt's stimulus report card says FDI inflow at record level

13-12-2019  comments

New Delhi (IANS) The Finance Ministry on Friday presented a status report on the impact of the recently announced stimulus measures and said that FDI inflows rose exponentially during the first half of the fiscal FY19-20.

According to the ministry,…

Sensex up 173 pts ahead of IIP, CPI

Sensex up 173 pts ahead of IIP, CPI

12-12-2019  comments

Mumbai (IANS) Sensex and Nifty opened higher on Thursday ahead of the release of key macro figures -- CPI and IIP -- later in the day.

Analysts have said that the upcoming macro indicators like CPI inflation and the IIP data were unlikely to…

Nestle fined Rs 90 cr for not passing on GST rate cut

Nestle fined Rs 90 cr for not passing on GST rate cut

12-12-2019  comments

New Delhi (IANS) The national anti-profiteering agency has slapped a Rs 90 crore penalty on FMCG giant Nestle India for not passing on the benefit of the goods and services tax (GST) reduction to consumers. It also asked Nestle to deposit the amount…

Equity flows slip 78 pc in November

Equity flows slip 78 pc in November

10-12-2019  comments

New Delhi (IANS) Net inflows into equity mutual funds dipped sharply to multi-year lows in November as on one hand, outflows from credit risk funds continued, while inflows into equity funds fell as much as 85 per cent.

Net inflows into equities…

Yes Bank plunges 12% ahead of key meet

Yes Bank plunges 12% ahead of key meet

10-12-2019  comments

Mumbai (IANS) Stock price of Yes Bank on BSE extended losses on Tuesday, falling nearly 12 per cent, as investors feared an adverse outcome of the crucial board meeting later.

The Ravneet Gill-led fourth largest bank is expected to take a call…

Sensex opens marginally higher, auto stocks gain

Sensex opens marginally higher, auto stocks gain

09-12-2019  comments

Mumbai (IANS) Sensex and Nifty opened marginally higher on Monday. Gains were led by Yes Bank, Zee, Maruti Suzuki and Tata Motors.

Auto stocks were trading higher, led by gains in Maruti Suzuki. The auto major increased its production in November…

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