Mumbai, May 29 (IANS) Domestic equity markets traded marginally higher in morning trade on Friday as investors and traders closely monitor developments in West Asia and await clarity on a potential extension of the US-Iran ceasefire.Sensex rose as much as 352 points or 0.46 per cent to touch an intraday high of 76,220 in early deals, while Nifty traded around 100 points or 0.40 per cent higher at 24,002.Sectorally, information technology stocks led the gains with Nifty IT rising over 2 per cent,…
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Mumbai, May 27 (IANS) Domestic equity markets traded on a muted note in early deals on Wednesday amid mixed global cues and a decline in crude oil prices.Sensex was trading at 76,050, up 40 points or 0.05 per cent in the morning session, while Nifty rose 20 points or 0.08 per cent to 23,932. Earlier, the benchmark indices opened at 75,939.86 and 23,880.35, respectively.Among sectoral indices, Nifty Metal emerged as the top gainer, climbing 1.59 per cent, followed by Nifty Cement, which advanced …
New Delhi, May 25 (IANS) State-run oil explorer Oil and Natural Gas Corporation (ONGC) on Monday said it has selected BP Exploration Services India Limited — a UK-based subsidiary of BP Plc — as Technical Services Provider (TSP) for its Western Offshore oil and gas fields (excluding the Mumbai High field), in a move aimed at boosting output from mature assets.The decision follows an international competitive bidding process under which global oil companies were invited to submit proposals for …
Mumbai, May 25 (IANS) Domestic equity markets traded higher on Monday after crude oil prices slipped below the $100-per-barrel mark for the first time in over two weeks amid hopes of a possible agreement to end the US-Iran conflict, with benchmark indices rising over 1 per cent each in early trade.Sensex jumped as much as 874 points or 1.15 per cent to touch an intraday high of 76,289 in morning trade, while Nifty climbed 264 points or 1.11 per cent to 23,983.Among sectoral indices, Nifty Auto l…
Mumbai, May 21 (IANS) Indian equity markets traded higher on Thursday in early deals amid hopes of easing tensions in West Asia after Iran said it was reviewing latest proposal to end the conflict.In the morning trade, Sensex jumped as much as 0.83 per cent or 627 points to hit an intraday high of 75,945, while Nifty traded 0.84 per cent or 200 points higher at 23,859.On the sectoral front, realty stocks led the gains, with the Nifty Realty index rising 1.5 per cent. Nifty Cement advanced 1 per …
Mumbai, May 19 (IANS) Domestic equity markets traded higher on Tuesday in early trade amid hopes of a de-escalation in the West Asia conflict after US President Donald Trump indicated a possible nuclear deal with Iran.Sensex rose as much as 368 points or 0.48 per cent to hit an intraday high of 75,683 in morning trade, while Nifty was trading at 23,758, up 110 points or 0.45 per cent.Sectorally, IT stocks led the gains, with the Nifty IT index surging 4 per cent. Similarly, the Nifty MidSmall IT…
Mumbai, May 15 (IANS) The Shiv Sena Uddhav Balasaheb Thackeray (UBT) on Friday criticised the BJP-led government at the Centre for its handling of the current economic and fuel crisis while labelling the administration the “Gharkombda Bhushan” (Stay-at-Home) government.The Thackeray camp, in a scathing editorial in the party’s mouthpiece, ‘Saamana’, claimed that the self-serving policies have bankrupted state-run cooperative oil and gas giants like ONGC. While these essential companies struggle,…
New Delhi, May 12 (IANS) The PM Internship Scheme is emerging as a powerful catalyst for workforce development by giving industry wide flexibility to design roles and directly train final‑year graduates and postgraduates, senior officials said on Tuesday. Speaking at a session on PM Internship Scheme during the CII Annual Business Summit, Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, said the scheme was conceptualised to bridge the gap between industry demand and the skilling…
Mumbai, May 6 (IANS) Indian equity markets traded higher on Wednesday in early deals, with benchmarks jumping almost 1 per cent each on global cues, amid hopes of de-escalation in the West Asia conflict.Sensex rose 0.85 per cent or 657 points to hit an intraday high of 77,675 in morning trade, while Nifty was trading at 24,250, up 0.90 per cent or 217 points from the previous close.Among sectoral indices, Nifty PSU Bank, Nifty Private Bank, Nifty Auto, Nifty Metal, and Nifty IT advanced up to ne…
New Delhi, April 22 (IANS) State-run Oil and Natural Gas Corporation (ONGC) on Wednesday clarified that its decision to cancel a recent tender for hiring jack-up rigs was based on concerns over pricing anomalies and potential collusive bidding.The clarification comes in response to a media report suggesting the cancellation of the tender.The PSU firm said that it follows established public procurement principles, with a strong focus on transparency, fairness and promoting healthy competition.It …