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Bharat Forge Ltd gains for third straight session
Bharat Forge Ltd is quoting at Rs 630, up 2.73% on the day as on 12:49 IST on the NSE. The stock is up 28.98% in last one year as compared to a 24.25% jump in NIFTY and a 31.77% jump in the Nifty Auto
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HDFC Bank Ltd up for third consecutive session
HDFC Bank Ltd is quoting at Rs 1558.9, up 5.56% on the day as on 12:49 IST on the NSE. The stock is up 30.69% in last one year as compared to a 24.25% spurt in NIFTY and a 12.75% spurt in the Nifty Bank
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Stock market update: Tata Motors-DVR leads gainers in ‘A’ group
KNR Constructions Ltd, IIFL Finance Ltd, MSTC Ltd and Tata Motors Ltd are among the other gainers in the BSE's 'A' group today, 02 February 2021.
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Bajaj Auto rallies after Jan sales rise 8% YoY
Bajaj Auto rose 2.30% to Rs 4,208.75 after the two-wheeler maker's total sales rose 8% to 4,25,199 units in January 2021 from 3,94,473 units in January 2020.
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Larsen & Toubro Ltd Spurts 4.42%, S&P BSE Capital Goods index Gains 3.74%
Larsen & Toubro Ltd has added 16.72% over last one month compared to 12.52% gain in S&P BSE Capital Goods index and 3.31% rise in the SENSEX
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Stock market update: Capital Goods stocks edge higher
Capital Goods stocks were trading in green, with the S&P BSE Capital Goods index increasing 1027.41 points or 5% at 21577.11 at 09:48 IST.
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Stock market update: IIFL Finance, Cholamandalam, M&M Financial gain up to 10%
Financials stocks were trading in the positive zone, with the S&P BSE Finance index rising 265.76 points or 3.64% at 7573.49 at 09:48 IST.
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Govt provides Rs 15700 crore for MSME sector
Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22. We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 crore more than double the previous […]
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Budget Buzz: Customs duty on copper scrap cut from 5% to 2.5%, cotton duty placed at 10%
Customs duty on copper scrap is reduced from 5% to 2.5% while customs duty on cotton is hiked from 0% to 10%. The duty on raw silk and silk yarn is also raised from 10% to 15%. To support domestic manufacturing in the solar sector, the duty increased for solar inverters from 5% to 20%. […]
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Budget Buzz: Customs duty on gold and silver cut from 12.5% to 7.5%
The finance minister Nirmala Sitharaman reduced customs duty on gold and silver from 12.5% to 7.5%. She noted that Gold and silver presently attract a basic customs duty of 12.5%. Since the duty was raised from 10% in July 2019, prices of precious metals have risen sharply. To bring it closer to previous levels, we […]
