Latest Stock Market News

As crude price and inflation have softened from the top, an investor with a long-term horizon can take benefit of the situation by buying companies that are fundamentally strong, have strong future growth visibility, and is undervalued.

Shares of Brightcom Group soared 26 per cent for the week to Rs 55.70. The exchanges sought clarification from the company regarding volumes and the price movement, to which the company replied there is no impending announcement by the company which in its opinion needs to be disclosed.

His exit from HDFC Mutual Fund, the third-largest fund house with assets under management of over ₹4 lakh crore, did not surprise many on Dalal Street as the buzz of him leaving the fund house has been growing in the past few weeks.

Vi added that 100% of the issue price would be paid upfront at the time of subscription of warrants. Each warrant would be convertible into 1 equity share and the rights attached to warrants can be exercised at any time, within a period of 18 months from the date of allotment.

Being a half marathoner has been very therapeutic for me much like meditation, an hour or sometimes two hours of running where I am with my thoughts, the road, the steady pace, and rhythm makes me feel very refreshed and gives me a sense of accomplishment.

Moondra will be cash-strapped Vodafone Idea’s third CEO since the merger of Vodafone India and Idea Cellular in August 2018, which created what was then India’s largest telco by subscriber and revenue market share. Balesh Sharma became its first CEO after the merger, followed by Takkar who took charge in August 2019 for a three-year term.

The Oil-to-Chemicals (O2C) business segment that contributes nearly two-thirds of total revenue benefited from a sharp surge in gross refining margins (GRM) - the difference between the total value of petroleum products coming out of an oil refinery and the price of the raw material.

Crude oil prices have slipped in the past two weeks and if they fall this week, it will be the third weekly drop -- the longest run of declines this year -- primarily due to fears that a global slowdown may dampen demand for fuels.

During the reporting week ended July 15, the fall in the reserves was on account of a decline in the Foreign Currency Assets (FCAs), a major component of the overall reserves, and also in the gold reserves, the central bank said.

Top carriers — Rel Jio, Airtel and Voda Idea — are set to participate in the auction, while a new entrant, Adani Data Networks, will also bid for some 5G airwaves, largely for captive private usage. Airtel added 21.5 mn 4G subscribers in 2021-22 to cross the 200-mn 4G smartphone customer threshold, which played out as the newly acquired spectrum was fired up during the year