Reliance Industries loses 3% after the March quarter results; it has dropped 9% in the last six days
Reliance Industries (RIL) shares fell up to 3% to Rs 2,542.1 on the BSE in intraday trade on Monday after the Mukesh Ambani-led oil-to-chemicals (O2C) firm reported a consolidated net profit of Rs 16,203 crore for the quarter ended March 31, 2022 (Q4 FY22), up 22.5 percent from the year-ago period’s Rs 13,227 crore, but falling short […]
Elon Musk has secured almost $7 billion in new cash for his purchase of Twitter
Elon Musk has obtained approximately $7.1 billion in new finance pledges for his proposed $44 billion takeover of Twitter, gaining the support of some of the world’s most powerful investors. He was also anticipated to act as Twitter’s interim CEO for a few months once the acquisition was completed The equity commitments come as the […]
Bajaj Auto’s April sales fell 20% to 310,774 units, with domestic sales down 24%
Bajaj Auto Ltd reported a 20% drop in overall sales in April to 3,10,774 units on Monday. Bajaj Auto said in a statement that it sold 3,88,016 vehicles in the same month last year. It stated that total domestic sales in April 2021 were 1,02,177 units, down 24% from 1,34,471 units in April 2021.Last month’s […]
After Q4 earnings, Bajaj Auto shares fell over 2% to Rs 3,804.80 on the BSE.
Bajaj Auto’s stock fell over 2% in early Thursday trade after the business reported a 2% drop in consolidated net profit for the fourth quarter ended March 2022. On the BSE, Bajaj Auto shares fell 2.58 percent to Rs 3,804.80. The stock fell 2.57 percent to Rs 3,805 per share on the NSE. Bajaj Auto […]
Sensex, Nifty surrender early gains as boiling oil plays spoilsport
Equity indices relinquished early gains to close in the red for the second straight session on Thursday as surging oil prices amid the ongoing conflict between Russia and Ukraine sapped risk appetite. Crude oil prices ratcheted up towards the USD 120 per barrel mark on fears of supply disruptions as western nations tightened sanctions on […]
Markets drop for a second day on global cues; eke out 2.5% weekly gain
Benchmark indices fell for a second day on Friday but ended the week with a 2.5 per cent gain. Global investor sentiment was hit by hawkish comments by the European Central Bank (ECB), disappointing earnings from US technology giants and a simmering crisis at Ukraine’s border. The Sensex fell 143 points, or 0.24 per cent, to end at 58,645. […]
Markets drop for a second day on global cues; eke out 2.5% weekly gain
Benchmark indices fell for a second day on Friday but ended the week with a 2.5 per cent gain. Global investor sentiment was hit by hawkish comments by the European Central Bank (ECB), disappointing earnings from US technology giants and a simmering crisis at Ukraine’s border. The Sensex fell 143 points, or 0.24 per cent, to end at 58,645. […]
