Domestic equity markets opened in the red on Monday amid mixed global cues. The headline S&P BSE Sensex tumbled 63 points to quote at 52,913 level
The fall in net profit is attributable to a rise in total expenses which came at Rs 1,31,284 crore in Q1FY21
Giving an example, Susmit Patodia, Associate Director, Fund Manager, Motilal Oswal, pointed out diversion in valuations of midcap & largecap IT stocks
RIL’s AGM, concluded with a clarion call towards accelerated adoption of renewables and commitment towards becoming net carbon-neutral by 2035
With regards to Nifty Bank, the level of 33,900 acted as a support during the week. Now at this juncture, the index is on the verge of a breakout
HSBC said RIL should benefit from the PLI schemes that the government is rolling out for PV manufacturing and advanced energy storage plants
RIL also announced an ultra affordable smartphone jointly developed by RIL and Google which is to be launched in September
"Markets have been quite volatile in the past few trading sessions, so what we are seeing is a sharp bounce from those corrections"
Spread over 7.5 acres, it is expected to serve over 3.75 lakh people residing at Sitapur and adjoining villages
The Tata Group is reportedly looking to float a global tender to procure vaccines for its employees