Ahead of Market: 10 things that will decide D-Street action on Wednesday

Ahead of Market: 10 things that will decide D-Street action on Wednesday

Indian equity indices closed little-changed on Tuesday, with a rise in autos and realty balancing out a fall in information technology stocks ahead of a widely expected rate hike pause by the US Federal Reserve, as well as the Reserve Bank of India this week. S&P BSE Sensex rose 0.01% to 62,793 while Nifty remained … Read more

Centre allows import of urea through India Potash till March 2024

Centre allows import of urea through India Potash till March 2024

The centre has allowed the import of urea through India Potash Limited for another year until March 2024, the Directorate General of Foreign Trade said in a notification. Earlier, it was supposed to be allowed till March 2023. Besides India Potash Limited, the import of fertilizer is already allowed through Rashtriya Chemicals and Fertilizers, and … Read more

Fertiliser stocks rally amid talk of subsidy hike

Fertiliser stocks rally amid talk of subsidy hike

Mumbai: Fertiliser companies were among the top gainers on the bourses Wednesday as continued optimism about the sector’s prospects helped the companies extend their winning run. Speculation that the government might increase subsidy for urea in the upcoming Budget has fuelled investor interest in these stocks of late. On Wednesday, National Fertilizers, and Ferilizers, and … Read more

Big Movers on D-St: What should investors do with HUDCO, Rashtriya Chemicals and PNB?

Big Movers on D-St: What should investors do with HUDCO, Rashtriya Chemicals and PNB?

Indian market closed in the green on Wednesday for the second consecutive day. The S&P BSE Sensex rose nearly 100 points while Nifty50 closed above 18200 levels. Sectorally, buying was seen in the public sector, oil & gas, banks, metals, and energy stocks while some selling was seen in capital goods, consumer durables, and IT … Read more