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Barometers trade in positive terrain; auto shares rally

The key equity benchmarks saw modest gains in early afternoon trading, with the Nifty hovering above the 25,400 mark. Auto stocks rebounded after declining in the previous session. Market volatility is expected due to the weekly F&O series expiry today. As of 12:30 IST, the...

IRCTC, RVNL, Ircon to IRFC: Why railway stocks are skyrocketing in stock market today?

Railway stocks are witnessing strong buying since early morning deals, despite weakness in the Indian stock market on Monday. Shares of the Indian Railway majors, IRCON International, Rail Vikas Nigam Limited (RVNL), and Indian Railway Finance Corporation (IRFC) witnessed massive upside movement in the...

DGFT working with MEA, customs, industry to ease export norms for some dual-use goods

The government is working to ease the export norms for certain products, which have dual-use such as chemicals for companies that have proven track records, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said Tuesday. Highlighting that dual-use goods and technologies are sensitive and...

Dividend stocks: Wipro shares to trade ex-dividend today

Wipro shares will be in focus when the stock market opens on Wednesday (January 24). The Board of Directors of the company has declared an interim dividend of ₹1.00 per equity share for the eligible shareholders. The record date to ascertain the eligibility of shareholders...

Govt to sell 3% in Coal India for over Rs 4k crore.

Through the offer-for-sale (OFS) process, the government will be selling a 3% stake in Coal India, with a floor price of Rs 225 per share. The difference between the floor price and Coal India's Wednesday BSE closing price at Rs 241 is 6.7%. The OFS is...

Billionaire Anil Agarwal’s chip dreams stymied as India set to deny funding.

Anil Agarwal, a billionaire, is planning to invest $19 billion in a chip company, but the Indian government is about to withhold critical money from him. According to people with knowledge of the situation, the government is likely to inform the joint venture between Agarwal's...