Latest Stock Market News

GAIL shares down 0.75% as Nifty gains

Updated at : 2022-03-14 11:35:03

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The stock quoted a 52-week high price of Rs 171.35 and low of Rs 125.2.

The Reserve Bank of India (RBI) had on November 29 last year superseded the board of Reliance Capital Ltd (RCL) in view of payment defaults and serious governance issues.

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Jubilant Foodworks Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 33454.15 Crore) operating in Tourism & Hospitality sector.

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As of 31-Dec-2021, promoters held 66.33 per cent stake in the company, while FIIs held 17.25 per cent and domestic institutional investors had 1.81 per cent.

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The US dollar index, which measures the currency against a basket of six major rivals, was last at 99.25 as against 98.60 around 5 pm on Friday.

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Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities in markets like India and South Korea in recent days, spurring weakness in their currencies.

Residential realty gets a boost from the ultra rich

Updated at : 2022-03-14 09:20:03

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Entrepreneurs are increasingly investing in second homes as the residential segment witnessed a sharp recovery after the outbreak of Covid-19. Currently, on average, an Indian UHNWI - a person with a net asset of $30 million or more - owns two homes.

The RBI asked Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. Appointment of an IT audit firm to conduct a comprehensive system audit of its IT system is also directed.

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Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 66024.57 Crore) operating in FMCG sector.

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In February 2022, however, imports of the precious metal dipped by 11.45 per cent to USD 4.7 billion, as per the data by the commerce ministry.

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