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Isro team at Sterlite Copper plant to fix snag affecting oxygen production

Vedanta Ltd owned Sterlite Copper plant has roped in experts from ISRO to help rectify the technical glitch developed in the cold box of its oxygen plant, leading to a suspension in production of the life- saving gas. The company formally commenced production of medical oxygen on Thursday and the very next day, the facility in Tuticorin, about 600kms from here, suffered a jolt in operations after developing a technical snag. In a statement shared on the micro-blogging site on Sunday, Sterli...
Tamil Nadu Indian Space Research Organisation Vedanta Ltd Sterlite Copper Vedanta Resources Sterlite Copper

US Market falls to one-month low on inflation woes

The US stock market closed down for the second straight session on Tuesday, 11 May 2021, with the benchmark S&P 500 hitting a one-month low on worries about excess valuation and inflation. At the close of trade, the Dow Jones Industrial Average index declined 473.66 points, or 1.36%, to 34,269. The S&P 500 index was down 36.33 points, or 0.87%, at 4,152. The tech-heavy Nasdaq Composite Index fell 12.43 points, or 0.09%, to 13,389. Total ten out of 11 major S&P 500 sectors closed lower, with ene...
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Earnings, Covid-19 updates, macro data to guide market sentiment: Analysts

Read more about Earnings, Covid-19 updates, macro data to guide market sentiment: Analysts on Business Standard. COVID-19 updates, financial results and macro-economic data will continue to steer stock markets in this holiday-shortened week, say analysts.Global trends are also expected to guide the market sentiment, they added. Equity markets would remain
Nirali Shah Reddy Laboratorie Ajit Mishra Vinod Nair Religare Broking Ltd Head Of Research At Geojit Financial Services

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JSW Steel Ltd Slides 1.46%

JSW Steel Ltd has added 47.45% over last one month compared to 20.61% gain in S&P BSE Metal index and 0.6% rise in the SENSEX JSW Steel Ltd lost 1.46% today to trade at Rs 656.1. The S&P BSE Metal index is down 0.97% to quote at 16809.72. The index is up 20.61 % over last one month. Among the other constituents of the index, Hindustan Zinc Ltd decreased 1.41% and Vedanta Ltd lost 1.32% on the day. The S&P BSE Metal index went up 180.36 % over last one year compared to the 53.52% surge in benchm...
India General Vedanta Ltd Jsw Steel Ltd Steel Ltd Hindustan Zinc Ltd Capital Market

'National need': SC allows Vedanta's oxygen plant at Tuticorin to operate

Read more about National need: SC allows Vedantas oxygen plant at Tuticorin to operate on Business Standard. The Supreme Court on Tuesday allowed Vedanta to operate its closed oxygen plant at Tuticorin in Tamil Nadu, saying the order has been passed in view of "national need" for oxygen
Tamil Nadu L Nageswara Rao Supreme Court On Supreme Court Justicesdy Chandrachud Vedanta Resources

Hindalco Industries Ltd Surges 2.3%, S&P BSE Metal index Gains 1.42%

Hindalco Industries Ltd has added 8.91% over last one month compared to 20.12% gain in S&P BSE Metal index and 0.98% drop in the SENSEX Hindalco Industries Ltd gained 2.3% today to trade at Rs 356.3. The S&P BSE Metal index is up 1.42% to quote at 16741.42. The index is up 20.12 % over last one month. Among the other constituents of the index, Vedanta Ltd increased 2.18% and National Aluminium Company Ltd added 1.9% on the day. The S&P BSE Metal index went up 178.47 % over last one year compare...
Vedanta Ltd National Aluminium Company Ltd Hindalco Industries Ltd Industries Ltd Capital Market Nifty 50

Market pares gains; Nifty below 14,500

Read more about Market pares gains; Nifty below 14,500 on Business Standard. The domestic equities pared gains in early afternoon trade as profit booking emerged at higher levels. The Nifty index traded tad below its 14,500 mark. Barring the Nifty Pharma index, all the sectoral indices on the NSE were in the green.
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Vedanta Ltd gains for third straight session

Vedanta Ltd is quoting at Rs 234.55, up 2.87% on the day as on 12:49 IST on the NSE. The stock is up 198.98% in last one year as compared to a 56.26% jump in NIFTY and a 173.53% jump in the Nifty Metal index. Vedanta Ltd gained for a third straight session today. The stock is quoting at Rs 234.55, up 2.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.14% on the day, quoting at 14504.4. The Sensex is at 48465.67, up 1.23%. Vedanta Ltd has gained around 1.93% in last ...
Vedanta Ltd Nifty Metal Capital Market Nifty 50 National Stock Exchange Of India Stock Exchanges

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