Shares of Life Insurance Corporation of India Ltd. (LIC), India’s largest insurance company will be in focus on Monday as its shareholder lock-in period will end on November 13, freeing up a large chunk of shares for trading. According to a note from Nuvama Alternative & Quantitative Research, 126.5 crore shares or 20% of…
Shares in Asia were mostly higher following a tech-driven rally Friday on Wall Street, as investors look ahead to crucial US inflation data due Tuesday. Stocks rose in Japan and South Korea, along with Hong Kong futures, while Australian shares were slightly lower in early trading Monday. The moves followed a 2.3% gain Friday…
Oil prices eased on Monday, reversing their rally on Friday, as renewed concerns over waning demand in the United States and China dented market sentiment. Brent crude futures for January were down 35 cents, or 0.4%, at $81.08 a barrel at 0051 GMT, while the US West Texas Intermediate (WTI) crude futures for December…
Dalal Street welcomed Samvat 2080 on strong note during the one-hour special Muhurat trading session. On the festive eve, the bulls pushed the BSE Sensex 355 points, or 0.55 per cent higher, to 65,259.45. The NSE Nifty gained 100.20 points, or 0.52 per cent, to close at 19,525.55. On Friday, benchmark indices had posted mild…
Life Insurance Corporation of India (LIC) shares will be in focus on Monday morning amid the lock-in expiry of its shares wherein some 126.50 crore shares, or 20 per cent of outstanding shares worth Rs 76,861.37 crore (over $9 billion) will be freed up for trading following the end of lock-in period. The LIC…
Patanjali Foods Ltd. witnessed a sequential fall in its revenue from edible oil sales as domestic prices softened, following a decline in global prices, according to Chief Executive Officer Sanjeev Asthana. As India imports a large portion of edible oil, any changes in the global prices affect domestic price to some extent, Asthana told…
Rescue and relief operations are going on in full swing after a part of an under-construction tunnel between Silkyara and Dandalgaon on the Brahmakhal-Yamunotri National Highway collapsed on Sunday. Around 40 workers are trapped inside, administrative officials said. The National Disaster Response Force (NDRF), State Disaster Response Force (SDRF) and police have launched search and…
Bamboo Bottle: Use of plastic causes many types of harm to the body. Therefore, single use plastic has been completely banned in our country. In such a situation, people are focusing their attention towards better alternatives to plastic. If you are also looking for a healthy alternative to plastic bottles, then bamboo bottles can be…
Mumbai: A sudden explosive growth in stock options trading in India this year has got the country’s retail traders excited and regulators worried about the risks such speculative fervour could spawn. The boom in derivatives trading in the country’s historically conservative markets, where some products such as stock futures are still too expensive, has…
The bond we share with our siblings can’t be replaced with anyone. Even though we annoy each other and sometimes can’t bear them, we also miss them in their absence. Shah Rukh Khan’s kids Suhana Khan and Aryan Khan also share his fun bond with each other. On the latter’s birthday, his sister shared a…