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Brokers said participants adopted a cautious approach and trimmed their positions ahead of wholesale inflation data for September, to be released later in the day and Q2 earnings by Reliance Industries, which has significant influence over 30-share Sensex.
Reliance Industries has slashed its budget for developing the three main oil- and gas- producing areas in its showcase Andhra offshore field by $3 billion, citing an unexpected fall in reserves, sources told optiontips.in
India plans to relax rules for oil and gas exploration licences in time for the next bidding round, in a move to attract global companies.
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The watches-to-jewellery maker on Friday posted an 8.34 percent rise in consolidated net profit at Rs 301.11 crore for the quarter ended September 30, 2018, dragged by provisions made for its corporate deposits in the IL&FS group. The company had posted a net profit of Rs 277.93 crore in the corresponding quarter last year.
Titan said as on September 30, 2018, as a part of treasury operations, it has invested in inter-corporate deposits amounting to Rs 145 crore with IL&FS and its subsidiary. Visit HNI Research now for latest market update with professional support in stock market trading.