NEW DELHI: Reliance Jio Infocomm has a message for Bharti and (Vi) stock investors. The message, analysts said, is: the wait for tariff hikes can be prolonged. Jio along with Reliance Retail has rolled out its ‘New JioPhone 2021’ offer starting March 1 in a bid to upgrade 30 crore 2G subscribers to 4G services. […]
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Indian markets recorded a sharp rally in the extended hours of Wednesday’s trading bell and even escaped bears of Asian peers. The benchmarks closed bullish on the back of broad-based buying with banking stocks being outperformers. In the closing bell, BSE Sensex closed at 50,781.69 surging by a whopping 1030.28 points or 2.07%. The index […]
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Indian oil company stocks witnessed a sharp rally on Tuesday as international crude prices continue rising spree. At around 2.51 pm, BSE Oil & Gas was trading at 15,554.57 up 376.98 points or 2.48%. The index has topped an intraday high of 15,637.83. Gainers on the index had state-owned ONGC in the lead surging by […]
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Reliance Industries (RIL) has announced that it will demerge its oil-to-chemicals (O2C) business into a wholly-owned subsidiary. In a late night stock exchange filing, the market heavyweight said that it will continue to hold 100 per cent control of the new entity. In its statement, the country’s largest company in terms of market value said […]
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Future Group stocks shined on Tuesday after the Delhi High Court reversed its previous order which had halted the deal with Reliance Industries (RIL) retail arm, and gave a green signal to go ahead with the scheme of arrangement with Mukesh Ambani’s RIL in the latest verdict. This comes as a blow to Amazon who […]
Read More Oil and gas stocks were trading on a bullish note during Thursday’s session amid positive global crude prices. Both benchmarks Brent Crude and the U.S. West Texas Intermediate (WTI) reached near 1-year high led by a draw in US crude and gasoline stocks which boosted investors sentiment for global fuel demand recovery. At around 2.50 […]
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Reliance Industries (RIL) was trading on a lower note amid bearish markets ahead of its financial performance announcement for the quarter ending December 2020 (Q3FY21) period. At around 1.28 pm, RIL was trading at Rs2053.50 per piece down by Rs44.35 or 2.11% on Sensex. The stock has touched an intraday low of Rs2035.20 per piece […]
Read More Investors were bullish on Reliance Industries (RIL) stock price to the point that the upside in the heavyweight even limited the losses of benchmarks on Tuesday. RIL has gained by nearly 1.4% with an intraday high of Rs1923.50 per piece on Sensex’s early deals. RIL continues to stay among the top-performing stocks. At around 10.53 […]
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