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Construction stocks in demand after budget outlay
Shares of seven civil construction companies gained 2% to 7% after the central government announced outlay of Rs 1.18 lakh crore For Ministry of Road Transport And Highways.
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Insurance stocks advance after FM proposes higher FDI limit
Shares of six insurance companies added 3% to 5% after the central government proposed to amend Insurance Act to allow higher foreign direct investment (FDI) in insurance companies.
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FM Proposes Setting Up A Developmental Financial Institution To Fund Long Term Infrastructure Projects
The FM has announced that a Bill will be introduced to set up a developmental financial institution or DFI to fund long-term infrastructure projects with a capital of Rs 20,000 crore. This DFI will lend Rs 5 lakh crore in the next three years, the FM said. Powered by Capital Market – Live News
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FY22 Capital Expenditure Up 34.5% Compared To FY21 BE At Rs 5.54 Lakh Crore
Finance Minister Nirmala Sitharaman announced at the start of her budget speech for FY2020 that the pillars of this budget are health and well-being, physical and financial capital and infrastructure, human capital, innovation and R&D and minimum government, max governance. She announced Rs 35,000 crore for Covid vaccine drive and noted that the budget has […]
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Total Relief Measures To Combat Covid-19 At Rs 27.1 Lakh Crore Says FM
Finance Minister noted that the preparation of budget was undertaken in an environment like never before. Global economy, which was slowing down, was pushed into uncertainty due to COVID-19. Through the past year, the Finance Minister announced a Rs 30-lakh-crore plan. The total estimate of all relief measures announced by government & RBI so far […]
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Hester Biosciences consolidated net profit rises 7.20% in the December 2020 quarter
Sales rise 12.23% to Rs 56.89 crore
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Hospital operators in demand after FM lays out spending plan
Shares of five hospital operators rose 1% to 4% after the central government announced a Rs 64,180 crore spending plan for healthcare over the next six years.
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Oberoi Realty surges 3.16%, S&P BSE Realty Index index gains 2.1%
Oberoi Realty Ltd has lost 6.06% over last one month compared to 0.47% gain in S&P BSE Realty Index index and 0.96% drop in the SENSEX
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Sensex jumps 450 points in early trade
Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 449.90 points or 0.96% at 47,324.26. The Nifty 50 index was up 96.85 points or 0.7% at 13,914.40. The S&P BSE Mid-Cap index was up 1.26%. The S&P […]
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Benchmarks hit day’s low; Nifty near 13,800 mark
The equity barometers further extended losses and hit fresh intraday low in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, tumbled 576.13 points or 1.22% at 46,833.80. The Nifty 50 index skid 166 points or 1.19% at 13,801.50. The January 2021 F&O contracts will expire today, 28 January 2021. Global […]
