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Sensex rebounds 180 points after see-saw trade
....38 per cent to settle at 15,842. It recorded its first gain in seven sessions. Sensex and Nifty lost 5 per cent in the previous six sessions due to selling by FPIs over inflation concerns. The top Sensex gainers were NTPC , Bajaj Finance, Maruti, State Bank of India, HDFC , Kotak Mahindra Bank, M&M, IndusInd Bank, Larsen Toubro, Titan and HDFC Bank , up to 3.05 percent.
Updated: 05/17/2022
Asian wheat importers scramble to find alternative sources
... sources told Reuters that wheat importers in Asia were scrambling to find new sources of supply after India banned exports of the grain at the weekend in a bid to keep a lid on soaring domestic... ... a bid to keep a lid on soaring domestic prices. Importers, especially in Asia, were banking on wheat from India, the world's second-biggest producer, after Russia's Feb... ... wheat buyer Egypt recently agreed to make a first purchase of Indian wheat. India has stated that it will still allow exports to countries that request supplies in order...
Updated: 05/16/2022
SBI hikes interest rates of auto, domestic loans
State Bank of India SBI has increased the marginal cost of lending rate MCLR by 10 basis points. State Bank of India SBI has increased the marginal cost of lending rate MCLR by 10 basis points. The upward revision in MCLR rates came into effect on May 15, leading ...
Updated: 05/16/2022
SBI shares jump 4% after Q4 earnings, BBI down 16 pc
... ongoing earnings season, which has resulted in a swing in the stock market. The trade post results have been swinging due to the ongoing earnings season, which has resulted in a swing in the stock market. Shares of India's largest public sector lender State Bank of India SBI jumped nearly 4 per cent in Monday's trade after the bank reported its quarterly results on Friday. SBI was down 16 per cent compared to its historic peak at Rs 549, despite the fact that it was down 16 per cent at the end of the day. The shares ...
Updated: 05/16/2022
SBI hikes MCLR rates by 10 basis points
The State Bank of India has hiked the marginal cost of lending rate MCLR by 10 basis points bps. The upward revision in MCL R rates came into effect on May 15, leading to a hike in the interest rates of car and personal loans, as per the SBI website. The State Bank of ...
Updated: 05/16/2022
Most of inflation due to Russia-Ukraine war, says State Bank of India
The report of the State Bank of India, Ecowrap, states that most of the increase in inflation is due to the Russia-Ukraine war and it is futile to blame central banks for it. The report of the State Bank of India, Ecowrap , states that most of the increase in inflation is due to ...
Updated: 05/16/2022
Sensex ends 136 points lower; Tata Steel top gainer
... sentiment. Sensex closed 136.69 points or 0.26 per cent lower at 52,793, down all intra-day gains. During the day, the 30-stock index rallied 855.4 points or 1.61 per cent to 53,785. The Nifty dropped 25.85 points or 0.16 per cent to end at 15,782. State Bank of India, ICICI Bank, NTPC , Bharti Airtel, Bajaj Finserv, Axis Bank and Maruti lost ground to 3.76 per cent, according to the top Sensex losers. Sun Pharma , M&M, ITC, Hindustan Unilever, Titan and Reliance were among the top Sensex gainers, rising to ...
Updated: 05/16/2022
Sensex ends 136 points lower, Nifty down 25.85 pc
... and closed 136.69 points or 0.26 per cent lower at 52,793. During the day, the 30 stock index rallied 855.4 points or 1.61 per cent to 53,785. The Nifty dropped by 25.85 points or 0.16 per cent to end at 15,782, down 25.85 points or 0.16 per cent. State Bank of India, ICICI Bank , NTPC , Bharti Airtel, Bajaj Finserv , Axis Bank and Maruti fell to 3.76 per cent, as well as the top Sensex losers. Sun Pharma , M&M, ITC, Hindustan Unilever , Titan and Reliance were among the top Sensex gainers, rising to ...
Updated: 05/16/2022
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