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Benchmark indices hit fresh highs, proving the sceptics wrong. However, even while enjoying the party, investors should be prepared for a sharp correction. Partial profit booking is never a bad idea, said an analyst.

“With support from government expenditure and low interest rates, I am looking for a turnaround in investment.”

Share price of Voltas rises as Nifty strengthens

Updated at : 2021-09-01 10:20:02

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A total of 38,855 shares changed hands on the counter till 10:00AM (IST).

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PI Industries Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 51807.94 Crore) operating in Pesticides/Agro Chemicals sector.

Gold steady on caution ahead of US jobs data

Updated at : 2021-09-01 09:20:01

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Spot gold was steady at $1,813.93 per ounce by 0109 GMT. US gold futures were down 0.2% to $1,815.10.

Oil steady ahead of OPEC+ supply decision

Updated at : 2021-09-01 09:20:01

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The Organization of the Petroleum Exporting Countries (OPEC), Russia and allies, together called OPEC+, are due to meet on Wednesday at 1500 GMT to decide whether to stick to a plan to add 400,000 barrels per day (bpd) each month through December.

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The company, while announcing its June-quarter results, said that it plans to invest close to Rs 18,000 crore in the next six years on both maintenance and growth Capex. For FY 22, the company has earmarked capex of Rs 2,400 crore.

With 64 votes in favor and 14 votes against, Congress approved the fund as El Salvador, which already uses the U.S. dollar, prepares to officially adopt bitcoin on Sept. 7.

Shares of software company Support.com shot up 313% in the six trading sessions through Monday and were up more than 1,400% year-to-date. They were down 11.3% on Tuesday afternoon.

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Asian Paints Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 307072.78 Crore) operating in Building Materials sector.

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