Sensex flat, Nifty around 18,400; Bharti Airtel earns 3%

Sensex flat, Nifty around 18,400;  Bharti Airtel earns 3%

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Indian stock markets were trading flat with a negative bias on Wednesday. Sensex hit a high of 61,873 and a low of 61,490 so far today. Nifty was around 18,400 points. Asian stocks were mixed, while US markets finished strong led by tech stocks and upbeat earnings reports.

October 20, 2021, 10:09:40 am IST

Nifty broad market indices in red

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October 20, 2021, 09:59:52 AM IST

Gita Gopinath resigns as IMF chief economist, to return to Harvard in January

The chief economist of the International Monetary Fund (IMF), Gita Gopinath, will leave the multilateral lending agency in January next year after serving for three years.

Gopinath, an Indian-born economist, will return to her previous job as a professor in the economics department at Harvard University. Gopinath was the IMF’s first female chief economist and the second Indian to hold the prestigious post after Raghuram Rajan, who served from 2003 to 2006 before joining the Ministry of Finance as chief economic adviser and later as governor of the Bank. of the Reserve of India (RBI). .

October 20, 2021, 09:54:22 am IST

ACC rises 3% as better results are performed, cost controls help September quarter earnings

Cement maker ACC Ltd reported decent earnings for the September quarter. A combination of favorable factors helped the ACC wing overcome cost pressures.

Better gray cement realization and higher RMC (ready-mix concrete) and other operating income somewhat offset the impact of cost inflation. Although gray cement realizations declined sequentially, the drop was less than anticipated. (Full report)

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October 20, 2021, 09:46:12 AM IST

The IRCTC extends the fall from yesterday, reaches a circuit 15% lower

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October 20, 2021, 09:39:20 AM IST

Nestlé India rises 3%

The main food and beverage company reported a 5% growth in net income in 617 crore for the September quarter compared to 587 million rupees in the period of the previous year.

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October 20, 2021, 09:35:46 AM IST

BSE Smallcap sinks almost 2%

Small cap.

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Small cap.
October 20, 2021, 09:32:28 AM IST

BSE Midcap falls 1% dragged by IRCTC

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October 20, 2021, 09:29:06 AM IST

Ingenious below 18,400

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October 20, 2021, 09:23:49 AM IST

Sensex drops 100 points

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October 20, 2021, 09:16:41 am IST

Sensex and Nifty open floor with a positive bias

October 20, 2021, 09:09:58 am IST

Sensex in pre-opening

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October 20, 2021, 09:02:54 am IST

Sensex, ingenious floor in operation prior to opening

October 20, 2021 8:50:27 am IST

India opposes penalty for delay in WTO notifications

India has strongly opposed a proposal by developed countries for administrative actions and sanctions in case of delays in the submission of notifications by member countries. It is wrong to assume voluntary non-compliance by members instead of acknowledging capacity constraints and other legitimate difficulties faced by many developing countries, India said.

Developed countries, including the US, the European Union, the United Kingdom, Australia and Canada, have submitted a draft general council proposal on procedures to improve compliance with notification requirements under the agreements of the World Trade Organization (WTO) that requires a country not to send notifications by the deadline to explain the delay every six months. (Read more)

October 20, 2021 8:40:29 AM IST

LIC likely to back Zee-Sony merger

Life Insurance Corp. of India (LIC), Zee Entertainment Enterprises Ltd’s largest local shareholder, favors the station’s proposed merger with Sony Pictures Networks India, said three people familiar with the insurer’s decision.

The insurer’s vote is crucial to the Zee-Sony merger deal because LIC owns nearly 5% of Zee. If LIC backs the Zee-Sony merger, it may also influence the way Zee’s public shareholders vote on the proposal. (Read more)

October 20, 2021 08:30:56 AM IST

Actions to consider: Reliance, Nestlé India, ACC

In addition to Reliance, Nestlé India, ACC, NTPC and other major companies that will be in focus today, Havells India, Tata Communications, L&T Holding Finance, Angel Broking, Just Dial and Shoppers Stop will also be in the spotlight when they release their September results. of the quarter.

October 20, 2021 8:20:34 am IST

Indian markets are likely in a range

Indian stock markets are likely to be in range on Wednesday, while trends in SGX Nifty suggest a soft open for national benchmarks.

On Tuesday, the BSE Sensex closed at 61,716.05, down 49.54 points or 0.08%. The Nifty was located at 18,418.75, a decrease of 58.30 points or 0.32%.

October 20, 2021 08:09:50 AM IST

Oil prices go down

Oil prices fell slightly in Asia, but remained near multi-year peaks as the energy supply crisis persisted around the world.

US crude futures were trading at $ 82.65 a barrel, down 0.4% on the day, but close to Monday’s peak of $ 83.18, their highest level since 2014.

October 20, 2021 7:40:14 AM IST

Asian markets rise

Most Asian stocks rose on Wednesday following US markets, as a focus on corporate earnings bolstered investor sentiment. Treasury yields advanced and the dollar fell.

The Nikkei 225 Index rose 0.63%, Australia’s S & P / ASX 200 Index added 0.9% and the Hang Seng Index gained 0.7%. South Korea’s Kospi Index and Shanghai Composite Index fell 0.4% each.

October 20, 2021 07:30:44 AM IST

US Indices Rise Overnight

US stock indices rose Tuesday as tech stocks rallied recent gains and earnings reports were upbeat. The Dow Jones Industrial Average was up 0.56%, the S&P 500 gained 0.74% and the Nasdaq Composite added 0.71%.

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