Stock of South Indian Bank jumps 6% after RBI approves appointment of new CEO
The stock of South Indian Bank jumped more than 6 per cent on Friday after the RBI conveyed its approval…
The stock of South Indian Bank jumped more than 6 per cent on Friday after the RBI conveyed its approval…
Despite the Centre having imposed stock limit on wheat to control its price rise earlier this month, there has been a percentage increase in its prices in the last 10 days, which may make common man's meal costlier.
The rise in domestic stocks is related to both the global market recovery and sound domestic macroeconomic fundamentals.
Indian stock indices traded positively on Wednesday morning, tracking firm cues from overseas peers and indications that the US may avoid a recession. Sensex and Nifty were 0.2-0.3 per cent higher at the time of writing this report.
Indian stock indices traded marginally higher Monday morning as various positive fundamentals including a firm GDP outlook, moderate inflation and strong purchases by foreign investors, prompted investors to place bets in the markets.
Qualcomm CEO Steve Mollenkopf received 40,794 shares of Qualcomm stock, which works out to just under $3,501,757 at Friday's closing price of $85.84, CNBC reported.
After a largely choppy trade session for the better part of Wednesday, the Sensex closed 336 points lower owing to the last hour selling in index heavyweight ITC which missed estimates in its quarterly result.
Pharmaceutical major Sun Pharma's stock gained 4 per cent to touch a high of Rs 406.35 on Monday after it ended Friday's trade lower at more than 8 per cent.
Regardless of the immediate concerns such as spiralling crude oil prices threatening inflationary pressure and the capital market regulator Securities…
Key Indian equity indices opened at fresh highs during the early morning trade session on Monday, with healthy buying observed…
