📰 Latest Economy & Stock Market News
Sterling and Wilson Renewable rise 2% as Reliance becomes promoter
Updated at : 2022-01-04 12:15:01

The deal announced in October involved Reliance Industries’ wholly-owned arm Reliance New Energy Solar purchasing interest in SWREL from the Shapoorji Pallonji Group and making an open offer as per takeover regulations, reports said, adding that the Competition Commission of India (CCI) had recently cleared the deal.

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Vedanta loses close to 4% after reporting aluminium production figures
Updated at : 2022-01-04 12:10:01

The company on Monday said that the cast metal aluminum production at its smelters stood at 5,79,000 tonnes in the third quarter of the current financial year, registering an increase of 16 per cent.

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Lemon Tree surges 10% after Goldman Sachs acquires shares via block deal
Updated at : 2022-01-04 12:05:01

Lemon Tree’s scrip zoomed to a high of Rs 53.10 against Rs 48.20 at the previous close on the NSE.

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Marico sheds 3% as firm says Q3 revenue hurt by slowing consumption
Updated at : 2022-01-04 12:00:01

The quarter was characterised by slowing consumption patterns which affected the whole sector, the company said in an exchange filing on Monday.

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Buy Fino Payments Bank, target price Rs 475: ICICI Securities
Updated at : 2022-01-04 11:55:01

Fino Payments Bank Ltd., incorporated in the year 2007, is a Small Cap company (having a market cap of Rs 3224.14 Crore) operating in General sector.

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ICICI Lombard shares rise 1.15 per cent in Tuesday's trading session
Updated at : 2022-01-04 11:50:01

The Relative Strength Index of the stock stood at 54.17 on Tuesday.

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Vodafone Idea, Future Retail, 50 other stocks sending buy signals on MACD
Updated at : 2022-01-04 11:45:01

The list included Union Bank of India, Indiabulls Real Estate, IDBI Bank, NMDC, Grasim Industries, and Hindustan Zinc. Others included Vodafone Idea, Future Retail, SAIL, Indian Hotels, Aster DM Healthcare and Sun TV, among others.

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Vedanta raises Rs 1,000 crore from IDBI Bank, Canara Bank
Updated at : 2022-01-04 11:40:01

The Mumbai based commodities maker has rupee-denominated repayments of Rs 1,750 crore which include Rs 1,250 crore to State Bank of India and Rs 500 crore IndusInd Bank before the end of March 31, 2022, people said.

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Rupee tumbles as surge in US yields boosts dollar index
Updated at : 2022-01-04 11:35:01

The dollar index, which measures the US currency against a basket of six major currencies, was last at 96.23 as against 95.80 at 4:00 pm Monday. The index was at 96.09 at the beginning of the previous week.

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Buy Aster DM Healthcare, target price Rs 250: ICICI Direct
Updated at : 2022-01-04 11:30:02

Aster DM Healthcare Ltd. key Products/Revenue Segments include Hospital Services, Other Operating Revenue, Pharmaceuticals, Other Services, Consultancy Income for the year ending 31-Mar-2021.

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