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Stock market today: Sensex falls 400 points, Nifty 50 ends below 23,950; Reliance, Kotak Mahindra Bank among top drags - Mint
Stock market today: Sensex falls 400 points, Nifty 50 ends below 23,950; Reliance, Kotak Mahindra Bank among top dragsMint
Explained: What's Article 5 Of US-Iran MoU? Why Is It Triggering Fresh Strikes?
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea on June 16.
Goldman Sachs recommends India's 30-year bonds on easing inflation risks
The investment bank said easing inflation expectations, lower oil prices and reduced fiscal risks have improved the outlook for India's long-dated government securities, particularly 30-year bonds
Welspun Corp stock zooms 111% from February low; here's why
The medium to long term business outlook for Welspun Corp continues to remain positive across all its businesses, supported by strong focus on Oil & Gas, energy security and transition initiatives.
BPCL to purchase 40% stake in Tiki Tar and Shell India for ₹85 crore; shares fall as crude oil prices surge - Upstox
BPCL to purchase 40% stake in Tiki Tar and Shell India for ₹85 crore; shares fall as crude oil prices surgeUpstox
Indices trade with substantial losses; media shares under pressure
Going ahead, investors will closely monitor movements in crude oil and gold prices, as well as the progress of the monsoon, for further cues on market direction. Nifty slipped below 24,000 level. Media shares extended losses for the second consecutive trading session.
BPCL to buy 40% stake in Tiki Tar and Shell India for Rs 85 crore
Bharat Petroleum Corporation is set to acquire a 40% stake in Tiki Tar and Shell India for Rs 85 crore, bolstering its presence in India's expanding value-added bitumen market. This strategic move, approved by DIPAM, aims to capitalize on the nation's infrastructure growth. Tiki Tar and Shell India, a manufacturer and marketer of specialized bitumen products, also exports to neighboring countries.
BPCL signs pact to acquire 40% stake in Tiki Tar-Shell India JV
BPCL has signed an agreement to acquire a 40% stake in the Tiki Tar-Shell India joint venture for ₹85 crore, expanding its presence in the bitumen and infrastructure materials business.
Oil & Natural Gas Corpn Ltd down for fifth straight session
Oil & Natural Gas Corpn Ltd is quoting at Rs 232.05, down 0.45% on the day as on 13:19 IST on the NSE. The stock tumbled 4.98% in last one year as compared to a 6.14% slide in NIFTY and a 8.21% spurt in the Nifty Energy index.
Aegis Logistics Ltd soars 2.66%, up for third straight session
Aegis Logistics Ltd is quoting at Rs 1171, up 2.66% on the day as on 12:49 IST on the NSE. The stock is up 50.94% in last one year as compared to a 6.16% jump in NIFTY and a 8.08% jump in the Nifty Energy index.
Nifty IT index crashes 28% YTD. Buy or wait, as renewed US-Iran tension may jeopardise crude oil supply again? - Mint
Nifty IT index crashes 28% YTD. Buy or wait, as renewed US-Iran tension may jeopardise crude oil supply again?Mint
Gujarat Fluorochemicals plans expansion of refrigerant capacity
Gujarat Fluorochemicals (GFL) announced its strategic intent to expand refrigerant capacity and fully utilize its refrigerant gas entitlement under the Montreal Protocol and the Kigali Amendment.