Sensex jumps nearly 245 pts in early trade; Nifty tops 15,900

sensex tumbles over 300 points in opening session nifty drops below 9900

Mumbai : Equity benchmark Sensex jumped nearly 245 points in early trade on Tuesday, tracking gains in index majors HDFC, TCS and Infosys and supported by positive macroeconomic indicators. The 30-share index was trading 244.77 points or 0.46 per cent higher at 53,195.40 in initial deals, while the broader NSE Nifty advanced 56.85 points or … Read more

Sensex tanks nearly 600 pts in early trade; Nifty below 15,600

Mumbai : Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities. The 30-share BSE index was trading 596.78 points or 1.14 per cent lower at 51,747.67 in initial deals. Similarly, the broader NSE Nifty tumbled 175.35 … Read more

On capping of Trade Margin by Government, prices of Oxygen concentrators come down upto 54%

On capping of Trade Margin by Government prices of Oxygen concentrators come down upto 54

National Pharmaceutical Pricing Authority (NPPA) vide notification dated 3rdJune 2021 has capped the Trade Margin for Oxygen Concentrators at 70% on Price to Distributor (PTD) level. Pursuant thereto, a total of 104 manufacturers / importers of Oxygen Concentrators have submitted revised MRP for 252 products/brands. Downward revision in price up to of 54% has been … Read more

Copper futures trade in green on firm trend overseas

Copper futures traded in green on MCX, on frantic buying by speculators tracking firm red metal in overseas market. Besides, restricted supply and sliding stocks of copper also fuelled the uptrend. The contract for November delivery was trading at Rs 461.15, up by 1.11% or Rs 5.05 from its previous closing of Rs 456.10. The … Read more

Cardamom futures trade higher on rising demand

Cardamom futures traded higher on MCX, with the fresh buying by market participants tracking rise in demand. Moreover, report that the heavy rain for a prolonged period have led to fungal diseases in plantations, and plantations spread over 1,337.60 ha in Kerala’s Idukki district had been damaged which added to the upside. The contract for October … Read more

Ganesh Foundry gets nod to trade in commodities derivatives

Ganesh Foundry & Castings has received an approval to invest/trade in commodities derivatives and be registered as client with Ashika Commodities & Derivatives as Member of MCX, NCDEX, ICEX. The Board of Directors of the company at its meeting held on October 06, 2018, approved the same. The Board has also given approval to invest/trade … Read more

Fighting the cold virus and other threats, body makes trade-off, says study

A Yale research team has revealed how cells in different parts of the human airway vary in their response to the common cold virus. Their finding, published in Cell Reports, could help solve the mystery of why some people exposed to the cold virus get ill while others don’t, said the researchers. Rhinovirus is a … Read more

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