Stock Market

Vedanta stock falls 0.65% in weak market; Anil Agarwal-firm gets favourable ruling in oil block arbitration

Vedanta initiated the arbitration after the government requested a further share of the company’s profits and extended the license for the Barmer oil block in Rajasthan. Vedanta shares fell 0.65% on the NSE on August 25 amid falling benchmark prices, a day after the arbitrator upheld the miner’s position on an oil block in Rajasthan. …

Vedanta stock falls 0.65% in weak market; Anil Agarwal-firm gets favourable ruling in oil block arbitration Read More »

Brokerages bullish on HDFC Bank post steady Q1 earnings

After HDFC Bank reported stable earnings for the April-June quarter on July 17, the brokerage announced positive growth prospects for the bank. Shares of HDFC Bank also reacted positively to the optimistic growth outlook, trading at Rs 1,697.55 on the National Stock Exchange as of 9:18 am, up 1.1% from the previous close. The company …

Brokerages bullish on HDFC Bank post steady Q1 earnings Read More »

Technical View | Nifty closes above 19,500 for the first time with fear gauge at historic lows

The July 14th midnight rise played a key role in helping the benchmark Nifty 50 close above 19,500 for the first time as it broke through the recent trading range (19,300-19,500) with a low call of 19,500. accomplished. The index held high throughout the session, largely aided by IT bulls, but volatility fell to near-historical …

Technical View | Nifty closes above 19,500 for the first time with fear gauge at historic lows Read More »

Bank of India plans stake sale to meet SEBI minimum public ownership standards

Bank of India plans stake sale to meet SEBI minimum public ownership standards Post share-sale, depending on the quantum, the holding of Government of India would come down below 75 percent. Public sector banks have time till August 2024 for meeting the SEBI requirement, Karnatak said. The state-owned Bank of India is exploring the possibility …

Bank of India plans stake sale to meet SEBI minimum public ownership standards Read More »