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Rupa Burman Roy
March 2, 2020
The yellow metal that was already gaining on the back of support from international spot gold today, later added further momentum after 2 new Covid-19 infected cases were reported in Delhi and Telangana, taking the total number of infected from the virus outbreak to 5 in the country.


Rupa Burman Roy
February 28, 2020
Globally, metals companies are negatively impacted by lower prices, while stocks of drugmakers are also facing the heat from the uncertainty of the outbreak.


Rupa Burman Roy
February 28, 2020
Vedanta, Tata Motors, Tata Steel, YES Bank, Hindalco and Infosys were the top losers on Nifty today. On the other hand, Future Consumer, Allahabad Bank, GMR Infrastructure, Dish TV and Vedanta were the top losers on BSE.


Rupa Burman Roy
February 28, 2020
Over virus pandemic fears, Spot Gold 1641.95 per ounce, up 0.07%, extending yesterday's gain, while US gold futures were up 0.1% at $1,643.50


Rupa Burman Roy
February 28, 2020
While Sensex was trading 1,133.63 points lower at 38,612.03, Nifty was down 339.90 points at 11,293.40. India VIX, the measure of markets expectation of volatility over the near term, surged 24.43% to 22.105 points in opening trade on NSE.


Rupa Burman Roy
February 27, 2020
Oil prices also declined by 2.4% to US$ 55 per barrel earlier in the day. Later the benchmark hit its fresh 52 Week low today of $52.53 and fell further down to $51.32 mark


Rupa Burman Roy
February 27, 2020
Sensex traded 400 points lower at 39,530 and NSE 50-share index Nifty50 fell 142 points lower to 11,536.  Overall, 26 of 30 stocks on Sensex and 45 scrips out of 50 on Nifty were trading in the red.


Rupa Burman Roy
February 26, 2020
The IPO of the credit card unit of the country's largest lender SBI will close on March 5. Shares will be offered in SBI Cards IPO in a lot of 19 and in multiples of 19 equity shares thereafter.


Rupa Burman Roy
February 25, 2020
Although the brokerage house maintained 'Outperform' rating on the stock of market leader Indigo, it has cut earnings estimates for FY20, FY21 and FY22 by 83%, 31%, and 18%, respectively.


Rupa Burman Roy
February 25, 2020
On the Multi Commodity Exchange, Gold April 2020 Futures fell by Rs 1025 or 2.5% to 42,555 per 10 gm. On a similar note, Silver March contract also eased 1,165 points or 2.36% to Rs 48,240 per kg.


Rupa Burman Roy
February 24, 2020
BSE 30-share S&P Sensex ended 806 points lower at 40,363 and NSE 50-share index Nifty50 closed 242 points lower at 11,838


Rupa Burman Roy
February 24, 2020
The fall in the metal stocks was in line with the broad-based bearish trend in the market following reports of hundreds of new cases of Covid-19 infections that were reported over the weekend.


Rupa Burman Roy
February 24, 2020
Tata Steel, HDFC, ITC, ICICI Bank, Maruti, Hero MotoCorp, NTPC and PowerGrid were among the top losers today. On the other hand, Infosys, Tech Mahindra, TCS, Sun Pharma and HUL were the top gainers


Rupa Burman Roy
February 24, 2020
Spike in new coronavirus cases in China and elsewhere sent investors scrambling for safer assets such as gold and government bonds, traders said.


Rupa Burman Roy
February 20, 2020
In order to comply with the SC order, Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues.


Rupa Burman Roy
February 20, 2020
On Thursday, IRCTC's 52-week high of Rs 1,939.80 is almost 506% higher from its issue price of Rs 320 and 201% higher from its listing price of Rs 644. 


Rupa Burman Roy
February 19, 2020
Following the update, share price of Aurobindo Pharma formed a gap up chart pattern with the opening bell, rising 10%. Later, the stock touched an intraday high of Rs 594, rising 18.75% on BSE as against the previous closing value of Rs 500.20 on BSE.


BusinessToday.In
February 18, 2020
The Chinese government said death toll from coronavirus outbreak in mainland China rose to 1,868, as of February 17, up by 98 from the previous day.


BusinessToday.In
February 18, 2020
Vodafone stock price fell 15% intraday to the low of Rs 2.91, mere 0.30 points away from 52-week low of Rs 2.61. Bharti Airtel stock price earlier fell 2.3% to an intraday low of Rs 551, although it later touched a new 52-week high of Rs 568.6


BusinessToday.In
February 18, 2020
Shares of SpiceJet fell almost 2.5% intraday, followed by its peer IndiGo that declined nearly 1.9%.


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