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The extent of respective shareholding to be divested by the government and LIC will be decided at the time of structuring of transaction in consultation with the Reserve Bank of India (RBI), according to an official statement.
Government gearing up for a demand stimulus: SanyalThe comments come a day after Economic Affairs Secretary Tarun Bajaj said that the government is open to further stimulus measures to boost the economy.
from Stocks-Markets-Economic Times https://ift.tt/31AsXZX
… Read MoreTech view: Nifty forms Spinning Top, analysts say no strength on either sideDuring the session, Nifty formed a small bullish candle, or Spinning Top, on the daily chart. However, it remained restricted within the high-low range of the previous session, indicating absence of strength on either side.
… Read MoreNifty Midcap 100 on verge of a crucial breakoutThe index is approaching a breakout level of 17,400, which if broken conclusively, could enable it to test its January high of 18,495, implying a potential 8 per cent return against a 4.5 per cent return on Nifty if it tests … Read MoreWall Street closes higher, trade choppy as U.S. stimulus talks eyedTrading on Wall Street this week has been driven by a flurry of reports related to developments in the stimulus talks.
from Stocks-Markets-Economic Times https://ift.tt/3mbEDdC
… Read MoreStocks in the news: YES Bank, Nestle India, TechM, Asian Paints and Reliance PowerThe cement maker reported 50.51 per cent rise in consolidated net profit at Rs 803.50 crore for September quarter 2020.
from Stocks-Markets-Economic Times https://ift.tt/3jkAmm7
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