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Sensex drops 300 points, Nifty below 22,650 as Trump's threats to Iran push oil above $110/barrel
Indian stock market got off to a negative start after US President Donald Trump's increased threats towards Iran. Consequently, oil prices surged above $110 per barrel. Major companies like IndiGo, Kotak Mahindra Bank, and Reliance Industries experienced significant losses.
Telecom regulator orders Reliance Jio to stop ‘discriminatory’ tariff practices
The directive follows a probe into Jio’s discontinuation of certain entry-level prepaid recharge plans offering 1 GB data per day, which the operator had said were available only through its own retail stores.
$200 crude oil scenario: How Reliance Industries, ONGC & OMCs stack up
Global oil prices are soaring, threatening India's import-reliant economy. A potential $200 per barrel scenario looms, impacting refiners and oil marketing companies severely. While Reliance Industries shows resilience, upstream players like ONGC face price caps. Gas companies grapple with supply route disruptions, potentially affecting industrial users and CNG availability.
Reliance Industries analysts do not see more downside on the stock; Check latest targets
Even if tensions ease soon, supply chain normalisation could take longer, keeping product cracks elevated and supporting refining and petrochemical margins.
Stock Picks Today: Reliance Industries, ABB India, Coal India, SBI And More On Brokerages' Radar
A host of global brokerages have rolled out fresh views on Reliance Industries, ABB India, Coal India and several sectors, including real estate and autos
CAG's BSNL loss estimate from RJIL deal misinterpreted; rectified now: MoS Telecom
The government has rectified a revenue loss estimate concerning Reliance Jio. The Comptroller and Auditor General's initial calculation of a Rs 1,757 crore loss was based on a misunderstanding of an agreement clause. Bharat Sanchar Nigam Limited has now issued revised invoices to Reliance Jio Infocomm Limited. This action aims to recover potential losses and prevent future discrepancies.
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on Wednesday
Stock market today: The Indian stock market is expected to open lower on Wednesday, tracking mixed global cues amid caution surrounding the US-Iran conflict.
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on Wednesday - Mint
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on WednesdayMint
Reliance says will maximise LPG production at refinery, divert D6 gas to priority sector
Reliance Industries' announcement came after the government redirected supplies of liquefied petroleum gas (LNG) away from industrial users to households, in a bid to shield the common man from the impact of the war in the Middle East. It has also ordered refineries to maximise LPG production to help meet domestic demand.
Stocks in news: IndiGo, RIL, Torrent Power, ideaForge, NTPC Green
Indian markets experienced a sharp sell-off, extending the downtrend amid global concerns and geopolitical tensions. Nifty faces immediate support at 23,500, with resistance expected around 24,000-24,300. IndiGo flights faced airspace issues, while Reliance Retail acquired 'Pahadi Local'. Torrent Power raised Rs 2,000 crore via NCDs, and ideaForge began drone training for NATO personnel.
Stocks to Watch Today: Tata Motors, Andhra Cements, Sun Pharma, GMDC, Axiscades, Power Mech, Zydus Lifesciences, Bajaj Electricals in focus on 17 March
Stocks to Watch, 17 March: Stocks like Reliance Industries, Tata Motors, Andhra Cements, Sun Pharmaceutical Industries, Rail Vikas Nigam, Gujarat Mineral Development Corporation, Axiscades Technologies, Power Mech Projects, Redington, and Zydus Lifesciences will be in focus on March 17.
Taking Stock: Markets rebound; Nifty reclaims 24,150, Sensex jumps 600 pts
Among the top gainers on the index were Maruti Suzuki India, Coal India, Tech Mahindra, ITC Limited, and Reliance Industries. On the downside, InterGlobe Aviation, Dr. Reddy's Laboratories, NTPC, ICICI Bank and Bajaj Finserv were among the key laggards.