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“Overall, the index earnings numbers have been downgraded and as a consequence, we are again touching the upper end of our valuation band as far as the overall market is concerned. Within that, we will always find sectors which are doing well. Auto and auto ancillaries and public sector banks are likely to be in a sweet spot and continue to grow reasonably well. ”

Nadar Malhotra, who is also the richest woman in India, said that the company has committed to achieving net-zero carbon by 2040, joining a select group of public firms globally that have committed to such emission targets.

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The Reserve Bank of New Zealand is expected to stick to its hawkish stance and deliver a fourth straight half-point rate increase, according to a Reuters poll, which would mark its most aggressive tightening in over two decades to try to rein in stubbornly-high inflation.

The stock is up 440% so far this month in a rally that is evocative of eye-watering gains in shares of GameStop and AMC Entertainment early last year that hurt hedge funds that had bet against the stock.

Manappuram Finance (Re 0.75 per share), Container Corporation Of India (Rs 2 per share), Alembic Pharmaceuticals (Rs 10 per share) and Jagran Prakashan (Rs 4 per share) had announced their interim dividends.

Stocks that were in focus include Apollo Tyres which was up 6 per cent, Solar Industries which gained over 4 per cent, and Adani Enterprises which hit a fresh 52-week high and closed with gains of nearly 4 per cent on Tuesday.

Indian Energy Exchange Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 15443.64 Crore) operating in Financial Services sector.

FEL was part of the 19 group companies operating in retail, wholesale, logistics and warehousing segments, which were supposed to be transferred to Reliance Retail as part of a Rs 24,713 crore deal announced in August 2020.

NTPC taps CPPIB, TAQA to sell green arm stake

Updated at : 2022-08-17 08:55:01

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NTPC has 2.3 GW renewable energy capacity under operation and 3.4 GW being built. It has a target of 15 GW renewable energy capacity by FY26.

BSNL's road to revival challenging: Analysts

Updated at : 2022-08-17 08:55:01

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The announcement of the revival package for ailing BSNL came at a time when private telecom players are close to launching next generation 5G services while BSNL is yet to launch 4G mobile services.

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