OMC stocks slip on fuel price-cut reports

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Stocks of oil marketing companies (OMCs) lost some value on Monday because of media reports that prices of petrol and diesel may be cut to bring relief to customers. In the fortnight ended December 8, shares of Bharat Petroleum, Hindustan Petroleum and Indian Oil Corporation rallied 15-20% on the back of benign crude oil prices […]

Tata Tech IPO subscribed 69.43 times on final day of offer

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The Rs 3,042.5 crore initial public offer of Tata Technologies, which provides engineering and product development digital services, was subscribed 69.43 times on the final day of subscription on Friday, driven by remarkable participation from institutional buyers. This is the first company from the Tata Group to float an initial public offer (IPO)

Share Market Highlights: Nifty settled above 19400, Sensex over 64,900; Bank Nifty advanced over 130 points

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Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Friday’s trading session in the positive territory. The NSE Nifty 50 gained 30.05 points or 0.15% to settle at 19,425.35, while the BSE Sensex jumped 72.48 points or 0.11% to 64,904.68. The broader indices ended largely in positive territory, with [

Rupee to be guided by Fed and geopolitics

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By Gaurang Somaiya Rupee continued to trade in a narrow range for the last six weeks and volatility has been confined to the range of 82.80 and 83.50 despite uncertainty on the global front, broader strength in the dollar against its major crosses and heightened geopolitical tensions and FII funds outflow on the domestic front. […]

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