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Latest Stock Market News

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Oil prices fell for the second straight day on Wednesday as doubts re-emerged over demand, with COVID-19 cases continuing to rise worldwide and gasoline shortages in some regions. Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.

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Gold prices were flat near a seven-week low on Wednesday, pressured by a rise in the dollar and U.S. Treasury yields on growing expectations of an earlier-than-anticipated interest rate liftoff. Spot gold was flat at $1,735.17 per ounce by 0123 GMT. On Tuesday prices fell to their lowest level since Aug. 11 to $1,726.19.

Asian shares stumble as US yields, dollar hold firm

Updated at : 2021-09-29 09:20:02

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Asian shares lost ground on Wednesday, tracking declines on Wall Street as investors fretted over economic uncertainties that caused a spike in U.S. benchmark bond yields and pushed the dollar to a more than 10-month high

Buy ITC, target price Rs 255: Yes Securities

Updated at : 2021-09-29 09:20:02

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ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 292642.77 Crore) operating in Tobacco sector.

As per the CBI, Rana Kapoor and his family members had allegedly received kickbacks of around Rs 600 crore for an investment of Rs 3,700 crore made by Yes Bank in DHFL’s debentures.

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Gujarat-based Sajjan is a contract manufacturer of active ingredients (agro), electronic chemicals, specialty chemicals and intermediates, having applications across agrochemicals, pharmaceuticals and dyestuff.

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UBL, in a stock exchange notice, said it is reviewing the order in consultation with its legal advisers. Executives of the three beer companies, which control over 90% of the market, exchanged sensitive information and colluded to fix beer prices since 2005, CCI said in its order.

ED attaches assets of DHFL's Wadhawans

Updated at : 2021-09-29 08:20:01

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The assets attached on Tuesday are in the form of investments made by the brothers through WGC-UK in UK-based companies, the agency said in a press release.

Oil goes past $80 for first time in 3 years

Updated at : 2021-09-29 08:20:01

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State-run fuel retailers raised prices of diesel by 25 paise per litre and of petrol by 20 paise per litre on Tuesday. In Delhi, diesel now costs Rs 89.57 and petrol Rs 101.39 per litre. Cooking gas prices are also likely to rise when companies revise rates at the beginning of October.

Tatas’ super app called TataNeu

Updated at : 2021-09-29 08:20:01

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Tata Group chairman N Chandrasekaran gave a sneak peek of the ‘TataNeu’ super app to its senior leadership on Tuesday. While the commercial launch of the TataNeu is still some months away as several pieces are yet to fall in place, the group will open up the platform only for use among its employees.

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