After opening positively at 16,341.55, the 30 share index has been fluctuating between the positive and negative in the morning sessions of the trade. Selected stocks from auto and real estate boosted, whereas IT and banking stock declined.
New Delhi: There could be excellent news for retail capitalists in ONGC stock. The company is planning a stock split besides giving bonus to its shareowners.
Mumbai: The Reserve Bank of India (RBI) will not go after the US Federal Reserve Board, and may not slash interest rates in a little while.
Market analysts said that the central bank that has been following a compressed money strategy will possibly not play with key policy rates in the coming time.
At the company’s 23rd Annual General Meeting (AGM) held on Aug. 25, the members of India Glycols have sanctioned the announcement of dividend at 30%, or Rs 3 per share of the value of Rs 10 each.
Mumbai: The rupee arose in the direction of a nine-year peak today after the US Federal Reserve slashed rates sending securities higher across Asia, but dollar buying by state-run banking institutions and a local company reduced a few gains.
The Fed cut on Tuesday the prime federal funds target rate by 50 basis to 4.75% from 5.25%. It also slashes the discount rate that it charges for direct loans to banks by a half-point to 5.25%.
After opening positively at 16,341.55, the 30 share index has been fluctuating between the positive and negative in the morning sessions of the trade. Selected stocks from auto and real estate boosted, whereas IT and banking stock declined.
