Share Market News Today | Sensex, Nifty, Share Prices Highlights: As many as 19 stocks out of 30 Sensex stocks ended in negative territory with SBI (State Bank of India) as top Sensex loser, down 4.64 per cent.

As uncertainty looms large, volatility again jumped 28% on Monday as equity markets resumed trading after a long weekend.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: As many as 21 stocks out 30 Sensex scrips finished trade in positive territory with M&M as the top gainer, up 5.27 per cent, followed by Bajaj Finance, HDFC Bank and ICICI Bank.

The market regulator also directed the entities to pay 10 per cent interest along with the offer price to shareholders who were holding shares at the time when the company violated the Sebi norms.

The rally in Sensex and Nifty was supported by buying in financial counters with HDFC Bank, HDFC, ICICI Bank and Bajaj Finance as top index contributors

Yes Bank shares jumped 20 per cent to hit upper circuit at Rs 31.60 apiece on BSE in otherwise weak trade on Thursday. Bank reported a net profit of Rs 2,629 crore for the quarter ended on March 31.

Reliance Industries share price extended gains in the late afternoon trade on Thursday, jumping over 2%, while headline index Sensex mostly traded in red, even as RIL denied the buzz about talks with Microsoft for further investment in its telecom arm Jio.

If history is any guide, adversity offers maximum value. The global financial crisis in 2008 culminated in the index being up nearly 100% in 2009.

Reliance Industries controlled by Mukesh Ambani, Asia’s richest person, is in discussions with banks for a potential sale of its 4.9% stake in Asian Paints Ltd. through a series of block trades.

The National Stock Exchange’s subsidiary NSE IFSC and the Bombay Stock Exchange’s India INX on Friday launched trading in the Indian Rupee-US Dollar Futures & Options contact.

A solid security and appreciating asset prices will augur well for Muthoot Finance’s stable asset quality performance during a period when most NBFCs have negligible visibility on their recoveries.

India Ratings and Research (Ind-Ra) on Monday placed Shriram Transport Finance Company’s long-term issuer rating of ‘IND AA+’ on Rating Watch Negative (RWN).

A report by Jefferies shows that the benchmark Nifty in the last week of April had outperformed other global benchmarks such as Japan’s Nikkei 225, US’ S&P 500 and Hong Kong’s Hang Seng.

Significantly, this was the latest twist in the long battle over the will of Late Priyamvada Devi Birla being fought between the Birla family and the Lodhas.

The Covid-19 pandemic is expected to exert downward pressure on the credit quality of sugar mills by eroding operating profitability and shoring up debt in fiscal 2021.

A Barclays report estimates that the central government’s revenue benefit from the additional hikes in fuel taxes could be as much as Rs 1.4 lakh crore on an annual basis.

Retail experts estimate that the current situation might wipe off 10% of e-commerce companies’ annual GMV in the country.

While DronaMaps is helping map Covid-19 patients in Haryana and other states, Blinkin has provided remote tech support for installing air ventilation systems in two Wuhan hospitals

Going forward, price trends would be a function of demand. Both domestic and exports demand will be key determining factors affecting price trends.

This startup has launched a fund to support service partners affected by Covid-19.

CCMB and Institute of Genomics and Integrative Biology (IGIB), New Delhi are working together on the whole genome sequencing of the SARS-CoV-2 virus isolates which will help them to understand the evolution of the virus and its spread route.

Google Meet deploys a range of counter-abuse protection features, ensuring the safety of meetings.

The Cellular Operators Association of India had said that the operators had incurred a cost of Rs 600 crore by such extension.

The virtual cash can be used within six months from the purchase date, with limitless purchases and no minimum expenditure amount, blackout dates or redemption conditions.

The official also said as the social distancing norms will remain in effect in near future, it has to start conducting its discussions and other work online.

A key feature is the peer-to-peer money transfer facility within the app.

The latest launch by Samsung will compete with Apple's iPhone as well as products from Sony, LG and Asus.

Shares of Idea Cellular plunged 6.99 % on Monday closing the session at Rs 85.85 a share on the Bombay Stock Exchange (BSE) after the company on Saturday reported a poor set of numbers for the March quarter.

The initial public offering (IPO) of Eris Lifesciences was subscribed 0.75 times on Monday with investors bidding for 1.20 crore shares of the 1.59 crore shares on offer. The qualified institutional buyers bid 70.23 lakh shares against the 86.17 lakh shares reserved for them.

The bench said SBI’s petition had not been drafted properly and suggested a “lack of seriousness” on the part of the petitioner.

Bharat Road Network, a road and highways BOT company, has priced its initial public offering (IPO), aimed at raising Rs 600 crore, in a price band of Rs 195-205.

Credit Suisse Asset Management's NEXT Investors has invested an undisclosed amount in Indian software product company Sapience Analytics.

Opec, Russia and other non-Opec producers — an alliance known as Opec+ —agreed to reduce supply by 1.2 million bpd from January 1.

Caracas, which buys medicines and other products from India, is looking for alternative payment methods after the United States imposed stringent sanctions on Venezuela’s state oil firm PDVSA in a bid to push out President Nicolas Maduro.

Management continues to focus on liquidating Rs 12,300-crore inventory and scaling up the rental portfolio (DCCDL). We maintain earnings estimates for the erstwhile merged entity (despite demerger of DCCDL) awaiting greater clarity on adjustments/reconciliation between DLF and DCCDL numbers (post-demerger).

he bank said it has purchased loans aggregating Rs 19.24 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation, during the quarter ended March this year.

Dishwashing has been one of fastest-growing categories for JYL and we expect strong growth to continue on account of market share gains and lower overall penetration in the category.

Established in February 2009, Star Union Dai-ichi Life’s (SUD Life) premium income stood at Rs 1,211 crore, while its profit after tax stood at Rs 55 crore during April-December 2018-19.

Even as banks see a rise in core income and a drop in fresh bad loans, they may see a fall in non-interest income, with treasury income falling sharply on a sequential basis.

India produces 6-7 million tonne raw cashew per annum, and was till recently the leading supplier of kernels to the global markets.

The total corporate bond issuance in FY19 was Rs 6.1 lakh crore, just slightly higher than `6 lakh crore mopped up in FY18.

With India exporting roughly one-third of its cotton yarn production every year, trends in export demand play a crucial role in determining the overall performance of the domestic spinning sector. 

Industry members claim that the turnaround time after loan sanctions through the portal has been long. In a meeting with finance minister Nirmala Sitharaman earlier this month, an industry association raised a complaint to this effect.

‘Share of experience’ is the new norm, and one needs to consistently make efforts towards it to survive in the modern age

No potato needed

Global and multilateral institutions and national governments need to come together to make sure that the loss of income is offset through cash-and-kind support.

Risk has a known probability distribution. For uncertainty, the probability distribution is unknown. Covid-19 makes us confront uncertainty, not risk

Transfer amounts should also be linked to CPI. While PM-KISAN covers only farmers and is much more expensive and exclusive, such a transfer would avoid narrow coverage, also avoiding inclusion/exclusion errors

If the government were to follow FICCI’s recommendations and put out a package of 5-6% of GDP, with a focus on both the poor and the MSME sector, it is possible that the rupee may decline to, say, 85 or 90.

However, the High Court rejected this invocation of Rule 165, ruling that the it specified only the payability conditions of fees, and not the chargeability of it.