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Minor killed in Assam blast amid Assam CM Sarma’s peace moves SECTIONS Share Synopsis Sarma, soon after taking oath as Assam’s chief minister, appealed to insurgent outfits including the outlawed United Liberation Front of Asom (Independent) to eschew violence and come to the negotiating table. ANI File Pic A minor was killed in a grenade blast in Assam’s Tinsukia district on Tuesday, less than 24 hours after new chief minister Himanta Biswa Sarma asked militant outfits to shun violence and join the mainstream. A senior police official, who did not want to be named, told ET: “The grenade was placed on the roadside and the person … was riding a bicycle when it exploded.” Tinsukia superintendent of police Vaibhav Nimbalkar and a team of policemen have rushed to the spot at Kathakathini in the town of Jagun, he said. ....
Synopsis “We have cumulatively produced more than the reserves we had in 1995 and still maintain a similar 2P level. This could have been impossible without making some meaningful discoveries in this period,” the executive said, requesting anonymity. ONGC’s output has declined over the years, making it a target of criticism. Oil & Natural Gas Corp. has enough reserves to produce as much as its cumulative output of the past 25 years, a company executive said. ONGC’s proven and probable (2P) reserves have risen to 1,160 million metric tonnes of oil equivalent (mmtoe) following new discoveries. It produced a cumulative 1,175 mmtoe since 1995, when it had reserves of 1,114 mmtoe. ....
ONGC is rallying like it’s 2013 as surging oil prices boost outlook SECTIONS Share Synopsis Investor behaviour on the ONGC counter so far in February showed they expect the gains to sustain in the near term. Agencies Analysts at Goldman Sachs and Morgan Stanley are projecting Brent crude price to hit as high $75 a barrel by the end of the September quarter Related NSE Explore Now MUMBAI: The Oil & Natural Gas Corp stock is on course to register its best monthly performance since the January of 2013, and if global oil prices are any indication, it may just have taken off ....
Market Movers: What sparked rally in PSU refiners; 42 stocks give sell signal SECTIONS Share Synopsis The breadth of the market favoured bulls as advancing stocks on the National Stock Exchange outnumbered declining ones. Shutterstock.com In the broader market, the gains were more prominent as the Nifty Midcap 100 and Nifty Smallcap 100 index rose 1 per cent and 0.9 per cent, respectively. Related MUMBAI: An attempt by benchmark equity indices to rebound from the five-day selling spree fizzled out towards the end of the session on Tuesday as they barely managed to hold onto their gains. While indices had opened higher tracking the gains in other Asian markets, they pared almost all of those gains on likely profit booking and weak cues from European markets. ....
The week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 year SECTIONS The week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 yearETMarkets.com Last Updated: Feb 21, 2021, 10:20 AM IST Share Synopsis The Nifty50 and BSE Sensex indices fell over 1 per cent each for the week as some investors saw the opportunity to take some profits. There was much action in the broader market that kept investors hooked. Related NSE Explore Now MUMBAI: The week gone by was one of consolidation for investors as benchmark indices registered a four-day losing streak amid concerns around valuations, rising global bond yields and signs of rising COVID-19 cases. ....