The markets continued their upward momentum, gaining nearly half a percent on Tuesday. In today’s trade, shares of Zomato, Cyient DLM, L&T, Petronet LNG, NHPC among others will be in focus due to various news developments. ZomatoAntfin Singapore Holding has sold Zomato shares worth Rs 4,771 crore via block deals on Tuesday. The stake sale, …
Indian stock market: The domestic benchmark indices, Sensex and Nifty 50, ended with little change due to profit-taking and mixed global signals, as investors anticipated the upcoming Federal Reserve meeting. The 30-share BSE Sensex fell by 12.16 points, or 0.02 per cent, finishing at 80,424.68, while the Nifty 50 rose by 31.50 points, or 0.13 …
In its latest note, global brokerage house Jefferies highlighted that the Modi government’s renewed efforts to include natural gas under GST could benefit companies like Gujarat Gas Ltd, GAIL (India) Ltd, and Petronet LNG Ltd. The brokerage noted that among the 4 key states that could hold sway, 3 are under the ruling NDA. The …