At 6:31 AM, GIFT Nifty futures were up 197 points, trading at 24,299.5, indicating a robust gap-up opening.
Oil-to-telecom-to-retail conglomerate Reliance Industries Ltd continues to be the highest-ranked Indian firm on the Fortune Global 500 list, jumping two places to be ranked at No.86 in the 2024 ranking. The firm was placed at No.88 in last year's ranking and has gained a whopping 69 places in the last three years - from being placed at No.155 in 2021 to being at No.86 in 2024. Releasing the 2024 list, Fortune on its website said Reliance has been on the 500 list for 21 years now. It had revenues of USD 108.8 billion and a profit of USD 8.4 billion last year. The 2024 ranking has nine Indian firms, five of them from the public sector. Insurance behemoth Life Insurance Corporation of India (LIC) jumped 12 places to be ranked at No.95 on the 2024 list while state-owned Indian Oil Corporation (IOC) slid 22 places to 116. State Bank of India (SBI) soared 57 spots to rank at No.178. Oil and Natural Gas Corporation (ONGC) and Bharat Petroleum Corporation Ltd (BPCL) were ranked at No.180
The D-Street witnessed bloodbath on Monday amid major sell-off by global peers. The Sensex sank to an intraday low of 78,295 points, plunging 2,686 points, while the Nifty plummeted 823 points to 23,8
On February 28, RIL and Disney finalised a deal to merge Star India and Viacom18, resulting in a new entity valued at Rs 70,352 crore, which includes a Rs 11,500 crore capital infusion from RIL
IIHL denies any default in payment to lenders
India's largest privately owned refiner plans to start purchasing Venezuelan crude soon, said the people, who asked not to be named as the information is not public
The CCI has also asked the companies details on which entity owns which sports rights and for how long, as well as information on who had bid for them previously
The market price of the country's most-valued-company in terms of market capitalisation was down 5% in past two trading days and slipped 6% from its record high level of Rs 3,217.90 touched on July 8.
Technical charts suggest that Paytm is likely to trade with a favourable bias; while others may display a subdued trend in the near-term.
Stocks to Watch today, Monday, July 22: Mukesh Ambani-owned Reliance Industries Limited, last Friday, reported a 5.5% Y-o-Y decline in consolidated profit to Rs 15,138 crore in Q1FY25
All you need to know before the market opens on Monday: Indian stocks to react to RIL, HDFC Bank and other Q1 results. Technical analysts see Friday's fall as a warning sign on charts; find out why.
The company added 30 new stores during the April-June quarter, it said in its investor presentation after announcing its results on Friday
BPCL also expects the government to compensate liquefied petroleum gas (LPG) under-recoveries in the coming months
With 5G yet to be monetised, expect many more increases in telecom tariffs
Misses Q1 earnings estimates despite gains in consumer, upstream segments
Stock Market Highlights on Friday, July 19, 2024: The selling in the broader market was even steeper with the BSE MidCap and SmallCap indices falling 2.2 per cent each
At 6:36 AM, GIFT Nifty futures were up 19 points, trading at 24,828.50 levels, indicating a higher start for the day.
Domestically, foreign institutional investors were net buyers on July 16, acquiring shares worth Rs 1,271.45 crore, whereas domestic institutional investors sold shares worth Rs 529.48 crore.
Jio Financial share price update: At 11:40 AM, Jio Financial shares were down 2.18 per cent at Rs 347.5 as against 0.26 per cent rise in the benchmark BSE Sensex
Anant, the youngest of the 67-year-old's three children, kicked off his marriage celebration in March