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Markets

2,788.99 -0.06%
Volume
98,222,429
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-0.06%
Trades
2,305
13
Up
3
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21
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Traded stocks 37
5,068.80 0.82%
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57,836,970
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0.82%
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1,813
10
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8
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OIC
1.97
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1.14
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1.63
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0.78
Julphar
1.29
Foodco
2.6
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0.7
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75
FAB
15.04
Emaar
5.12
Aldar Properties
2.26
DIB
5.15
AAN
0.23
Ithmaar Holding
0.25
Julphar
1.29
Aldar Properties
2.26
Infosys shares jump over 6 per cent after Q1 results - Dotemirates

Infosys shares jump over 6 per cent after Q1 results

New Delhi: Shares of Infosys jumped over 6 per cent on Monday after the IT behemoth posted better-than-expected rise in its June quarter net profit. The scrip rose by 6.15 per cent to Rs 771.85 on the BSE. On the NSE, the stock gained 6.17 per cent to Rs 771.65. It was the top gainer among the frontline companies on both the key indices during early trade. Infosys on Friday posted better-than-expected 5.3 per cent rise in its June quarter net profit as it bagged more orders, and raised revenue growth forecast for the current fiscal to 8.5-10 per cent...


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Sensex plummets 624 points on global sell-offs; RIL soars 10 pc

Mumbai: BSE benchmark Sensex on Monday crashed about 624 points dragged by heavy losses in index heavyweights HDFC twins, Infosys, ITC and ICICI Bank amid sell-offs in global equities. Bucking the overall downtrend, shares of Reliance Industries (RIL) rallied nearly 10 per cent, capping the Sensex loss to a large extent. Apart from global concerns, investors remained jittery over domestic macro challenges amid slowing down of the economy and falling consumer demand in various sectors. After diving nearly 700 points in the fag-end of the session, the 30-share Sensex settled 623.75 points, or 1.66 per cent, lower at 36,958.16. It...

Silver touches all-time high mark of Rs 45,000; gold falls Rs 100

New Delhi: Silver prices on Tuesday soared Rs 2,000 to touch an all-time high mark of Rs 45,000 per kg, while gold declined by Rs 100 to Rs 38,370 per 10 gram in the national capital, according to the All India Sarafa Association. Besides increased offtake by industrial units and coin makers, robust global trend mainly led to the rise in white metal, traders said. "At Rs 45,000, silver has touched its all time-high. Strong overseas trend led to the increase in silver price," Surendra Jain, vice president of All India Sarafa Association said. Globally, gold was trading higher at...

Amazon in advanced talks to buy 8-10 per cent stake in Future Retail

New Delhi: American e-commerce giant Amazon is in advanced stage of discussions with Future Retail Ltd for picking up 8-10 per cent stake in the Indian retail chain, according to sources. The deal with the Kishore Biyani-led company is expected to close in the next few weeks, sources close to the development said. When contacted, Amazon India said the company doesn't comment on speculation, while Future Retail declined to comment. The deal, if it goes through, will help Amazon further strengthen its foothold in the Indian market where it already operates an online marketplace. The discussions between the two players...

India, Russia to boost ties to achieve USD 30 bn bilateral trade by 2025

New Delhi: India and Russia have called for diversifying and deepening of economic ties in priority sectors to meet the bilateral trade target of USD 30 billion by 2025, the commerce ministry said on Tuesday. This was emphasised upon by Russia's Deputy Prime Minister Yuri Trutnev and Commerce and Industry Minister Piyush Goyal during a business session from August 11-13 in Vladivostok, Russia. A delegation including chief ministers of Haryana, Gujarat, Uttar Pradesh and Goa and about 140 Indian companies was led by Goyal at the session. He urged companies of both countries to discuss partnerships directly and come up...
13/08/2019

Saudi Aramco sets share sale stage with $47 billion profit

DUBAI: Saudi Aramco proved itself the most profitable company in history on Monday with financial figures that beat all its competitors by a long way. The Kingdom’s oil giant reported net income of $46.9 billion for the first half of 2019, way ahead of the $31.5 billion reported by the next biggest earner, Apple. Aramco’s profits are nearly 50 percent higher than those of the five largest Western oil companies combined. It was the first time Aramco — a private company owned by the Kingdom — had disclosed its financial strength in a formal results announcement, and followed the unprecedented...

Auto sales in India sees sharpest fall 19 yrs in July; 15,000 workers lose jobs

New Delhi: Automobile sales in India witnessed its sharpest decline in nearly 19 years in July, dropping 18.71 per cent, rendering almost 15,000 workers jobless over the past two-three months as the sector reels under a prolonged slump, auto industry body SIAM reported on Tuesday. As per data released by the Society of Indian Automobile Manufacturers (SIAM), vehicle sales across categories, including passenger vehicles (PVs) and two-wheelers, stood at 18,25,148 units last month as against 22,45,223 units in July 2018. The previous biggest decline across overall domestic automobile sales was recorded in December 2000 when it fell 21.81 per cent....