Shares of two PSU insurance companies – General Insurance Corporation of India and New India Assurance – rallied 14% each on Thursday to fresh peaks amid reports that the government may infuse capital into three state-owned insurers. Shares of General Insurance Corporation of India jumped 13.9% to a fresh 52-week high of Rs 466 while … Read more
The Indian market pared gains but managed to close flat on Tuesday with a positive bias. The Nifty50 closed just a shade below the 19,400 level. Sectorally, buying was seen in telecom, utilities, power, and capital goods while selling was seen in banks, and IT stocks. Stocks that were in focus include names like The … Read more
A bunch of widely tracked companies like M&M, LIC, Shree Cements, HUDCO, ONGC, BPCL, Ashok Leyland, Hindalco, Vodafone Idea, and Nykaa would be releasing their March quarter report cards this week. Here’s a list:May 22Shree Cements, Bharat Petroleum Corporation, Aditya Birla Fashion and Retail, SJVN, Capri Global Capital, Finolex Industries, CESC, Sun Pharma Advanced Research … Read more