Apple Inc is within striking distance of a $3 trillion market capitalization, a milestone that would make it as big as the world’s fifth largest economy after Germany, just over a year after breaching the $2 trillion mark. Shares of Apple were up 1.6% at $174. They need to trade at $182.85 to hit the mark and cap…
Vodafone Idea (VI) shares surged sharply on Thursday to reach its highest value in over 2.5 years. The surge in VI’s stock price is a result of the recent developments aimed at rescuing the struggling telecom service provider. On the National Stock Exchange (BSE), shares of the telecom company were trading 13.29…
On Thursday, gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX). Witnessing a hike of Rs 45 or 0.09 per cent, gold futures, maturing on February 4, 2022, are trading at Rs 48,035 per 10 grams on the MCX. Meanwhile, silver futures maturing on March 4, 2022, are retailing at Rs 61,640…
Indian shares slipped on Thursday, dragged down by banking and auto stocks, a day after the central bank held rates steady to support economic growth in light of risks from inflation and the Omicron coronavirus variant. By 9:27 am, the blue-chip NSE Nifty 50 index was down 0.11% at 17,450.55 and the benchmark S&P…
State-run oil marketing companies have kept the prices of petrol and diesel unchanged across the country on Thursday, December 9, 2021. Fuel rates have been stable in the domestic market for over a month now. It may be noted that petrol and diesel prices were last revised on November 3, when the Centre announced a cut…
Indian shares extended gains on Wednesday as the central bank left its key interest rates unchanged as expected, and promised adequate policy support to help sustain a durable economic recovery amid worries around the Omicron coronavirus variant. By 0543 GMT, the NSE Nifty 50 index had gained 1.37 per cent to 17,412.2…
State-run oil marketing companies have kept fuel prices unchanged across the country on Wednesday, December 8, 2021, as crude oil prices see a rise in the international market. Notably, oil companies have not revised and kept the prices of petrol and diesel stable in the domestic market for over a month now. According…
On December 8, 2021, gold prices have recorded a hike, while silver is trading on the lower side of the Multi Commodity Exchange (MCX). Witnessing a hike of Rs 52 or 0.11 per cent, gold futures maturing on February 4, 2022, are retailing at Rs 48,150 per 10 grams. Meanwhile, silver futures maturing on March 4, 2022,…
Indian shares rose more than 1% on Tuesday as investors looked past concerns surrounding the Omicron coronavirus variant, with metal and banking stocks leading the recovery from last session’s sell-off. By 0505 GMT, the blue-chip NSE Nifty 50 index (.NSEI) and the benchmark S&P BSE Sensex (.BSESN) both had…
LIC IPO: The government is expected to launch the initial public offering (IPO) of the country’s largest insurer Life Insurance Corporation (LIC) in the fourth quarter (Q4) of the ongoing financial year (FY22). The listing of LIC will be crucial for the government to meet its disinvestment target. The government…