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Nifty hovers near 15,100; Asian stocks mixed business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Read more about Nifty slips below 15,000 mark on Business Standard. The key equity barometers were trading with minor cuts in mid-morning trade. The Nifty failed to hold above the 15,000 mark. Metal shares declined for the second consecutive session.
3 Adani group stocks, SBI Cards, Apollo Hospital enter MSCI India index May 12, 2021 × Burger India, IRCTC, Route Mobile, Happiest Minds, CAMS, Sun TV, UTI Asset now part of MSCI India Domestic Small Cap Index Adani Enterprises, Adani Total Gas and Adani Transmission have entered MSCI India Domestic Index, according to a release by the index provider. SBI Cards and Payment and Apollo Hospitals too have entered the leading index, which is being tracked widely by global investors. The half-yearly review of MSCI India index saw exclusion of Zee Entertaiment Enterprises, TVS Motor Co and Abbott India from the index and they have been included in the MSCI India Domestic Small Cap Index.
Sensex extends gains on Q4 earnings boost. Here's what else is driving D-Street SECTIONS Share Synopsis US consumer confidence jumped to a 14-month high in April as increased vaccinations against Covid-19 and additional fiscal stimulus allowed for more services businesses to reopen. Reuters Related NSE Explore Now NEW DELHI: Superior earnings from India Inc, especially the banking sector, has given a lease of life to investors who continued their buying spree even as the Covid-19 pandemic reached a grim milestone. There are some consistent trends in the market now. One, despite the bad news on the pandemic front, the market has been maintaining the upside momentum. Two, FIIs have been consistent sellers and DIIs have been consistent buyers. These trends are likely to continue in the short run and markets are likely to remain strong, said an analyst.
CII presents TS Intellectual Property awards Updated: Updated: MIDHANI, MSN Labs, IIT-H in list of winners Share Article MIDHANI, MSN Labs, IIT-H in list of winners Defence public sector undertaking Mishra Dhatu Nigam (MIDHANI) has bagged the Telangana State Intellectual Property Award for Best IP Portfolio under the PSU category. Drugmaker MSN Laboratories is the winner of Best IP Portfolio award under the large entity category. Optimus Drugs and Zen Technologies have bagged the award under the medium entity and the small entity categories. WiSig Networks and Indian Institute of Technology Hyderabad are winners under the startup and educational institute categories respectively. The winners were announced by the Confederation of Indian Industry, Telangana (CII-TS) during the World Intellectual Property Day celebrations it had organised virtually in association with the State government on Monday. The award will be handed over to the entities later.
Defence public sector undertakings procuring oxygen generation plants under 'fast-track mode' SECTIONS Last Updated: Apr 26, 2021, 02:53 PM IST Share Synopsis The DPSUs procuring oxygen generation plants include Bharat Dynamics Ltd (BDL), BEML Ltd, Hindustan Aeronautics Ltd Mazagon Dock Shipbuilders Ltd, Garden Reach Shipbuilders and Engineers (GRSE) and Mishra Dhatu Nigam (MIDHANI). Reuters An empty tanker is seen outside an oxygen plant, amidst the spread of the coronavirus disease (COVID-19), in Ghaziabad, on the outskirts of New Delhi, India, April 22, 2021 Related 3,106,435.0 Several defence public sector undertakings (DPSUs) are procuring oxygen generation plants under "fast-track mode" to assist hospitals facing acute shortage of medical oxygen in view of surging cases of coronavirus, officials said on Sunday.
Why the stock of Mishra Dhatu Nigam is a good long-term bet Low leverage and decent growth prospects make it a good bet for long-term Since our last buy call on Mishra Dhatu Nigam (Midhani) in October, 2020, the stock has fallen by about ten per cent. However the positive long term outlook on the company’s prospects remain intact and long term investors can look to buy at current levels. Midhani is a PSU catering to the needs of India’s strategic sectors such as defence, space, atomic energy and aeronautics by supplying critical materials and alloys. With increased budgetary capital expenditure for defence for FY22 coupled with the newly introduced Defence Acquisition Procedure 2020,business prospects appear good for Midhani.
Indian Navyâs Nuclear-Powered Attack Submarine Project Before CCS For Approval, To Be Prioritised Over Second Indigenous Aircraft Carrier by Swarajya Staff - Apr 19, 2021 12:54 PM INS Chakra. Snapshot The Indian Navy is prioritising the SSN programme due to the Peopleâs Liberation Army Navyâs growing presence in the Indian Ocean. Indian Navyâs project to build nuclear-powered attack submarines (SSNs) is before the Cabinet Committee on Security (CCS) for approval, a report in the Indian Today says. The programme, which involves the design and construction of six SSNs, each displacing around 6,000 tonnes, is likely to put the Indian Navyâs plan to build a 65,000-tonne indigenous aircraft carrier on the back burner.
Key equity indices further pared gains in mid-morning trade. Metal stocks were trading firm. The Nifty held above the 14,400 mark. Positive cues from other Asian stock markets boosted investors sentiment. At 11:22 IST, the barometer index, the S&P BSE Sensex, was up 129.51 points or 0.27% to 48,078.93. The Nifty 50 index added 46.85 points or 0.33% to 14,406.30. In the broader market, the S&P BSE Mid-Cap index gained 1.47% while the S&P BSE Small-Cap index rose 1.17%. The market breadth was strong. On the BSE, 1903 shares rose and 688 shares fell. A total of 125 shares were unchanged. COVID-19 Update: Total COVID-19 confirmed cases worldwide stood at 141,828,958 with 3,027,604 deaths.