HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

New Delhi: PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government’s over Rs. 33,000 crore stake sale in Hindustan Petroleum Corporation Limited (HPCL) to Oil and Natural Gas Corporation (ONGC). EY and Rothschild (India) Pvt Ltd are the other two who have submitted expression More...

by Loknath Das | Published 3 months ago
By Loknath Das On Monday, August 7th, 2017
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Stocks reach new peak in world full of surprises

August 7, 2017: World stocks breached new record highs on Monday as better-than-expected company earnings and economic data from the United States stole the focus from rising geopolitical tension over North Korea’s More...

By Loknath Das On Thursday, July 27th, 2017
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Biggest earnings rush of quarter could help boost stocks Thursday

With the Fed meeting behind it, the stock market will focus again Thursday on the gusher of earnings news that has been driving the stock market to record highs. At least 60 S&P 500 companies report, making More...

By Loknath Das On Sunday, July 23rd, 2017
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Brace for volatility in F&O week; 5 stocks which can give up to 14% return in 2 months

Indian market witnessed a volatility week as benchmark indices closed marginally higher but over their crucial support levels. The Nifty50 closed 0.29 percent higher at 9,915 and the S&P BSE Sensex ended above More...

By Loknath Das On Monday, July 17th, 2017
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Markets at new highs on capital inflows, earnings optimism

The Sensex and the Nifty today made the most of the momentum and registered new all-time peaks at 32,074 and 9,916, respectively, building on optimism about corporate earnings. Asian shares ruled firm, picking More...

By Loknath Das On Wednesday, July 5th, 2017
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BHEL Shares Tank 13% On Weak March Quarter Earnings

New Delhi: Shares of BHEL today tumbled nearly 13 per cent after the company’s standalone net profit declined by 57 per cent in the March quarter. After making a weak opening, shares of the company plunged More...

By Loknath Das On Wednesday, June 28th, 2017
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Investors Flock To Asian Bonds As US Yields Slide

Singapore: Asia bond demand is running at its highest level in eight months and looks set to stay firm this year, boosted by the region’s higher returns at a time when stubbornly low inflation in the United More...

By Loknath Das On Friday, June 23rd, 2017
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Sensex, Nifty Fall; ONGC Down Over 2%

Indian shares fell on Wednesday, tracking Asian peers, as investors waited for minutes of a policy meet by the central bank to gauge the direction of interest rates in the months ahead. The minutes are likely to More...

By Loknath Das On Thursday, June 22nd, 2017
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Sensex Jumps Over 100 Points; Energy, Pharma Stocks Gain

Indian shares opened higher on Thursday tracking Asian shares, which advanced as oil prices climbed off a 10-month low hit overnight on concerns over a supply glut and falling demand. The BSE Sensex jumped over More...

By Loknath Das On Thursday, June 22nd, 2017
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Sensex Surges Over 200 Points To Record High, Nifty Near 9,700; Infosys Leads Gains

Indian shares extended gains in noon trade with the BSE Sensex rising nearly 240 point to a fresh all-time high of 31,522 and Nifty gaining nearly 60 points to 9,698. Gains in the market were led by banking and More...