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This FMCG stock jumps 11% as company shares updates on progress towards restoration of banking operations | Markets
20
Jul
By The Press Editor
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Business

This FMCG stock jumps 11% as company shares updates on progress towards restoration of banking operations | Markets

Mumbai: Shares of diversified fast-moving consumer goods (FMCG) enterprise Elitecon International jumped 11 per cent on Monday, July 20, 2026, despite the benchmark indices, Sensex and Nifty, falling in early trade amid heavy selling in blue-chip stocks and a surge in crude oil prices due to ongoing tensions between the US and Iran. The 30-share BSE Sensex tanked 523.22 points to 77,628.23 in early trade. The 50-share NSE Nifty declined 134.10 points to 24,198.25. Amid this fall, shares of the company opened in the green at Rs 18.30, with a gain of Rs 0.43 or 2.40 per cent. It later…
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20 July, 2026 Stock Market Updates: Sensex, Nifty in red as Brent crude climbs above per barrel | Markets
20
Jul
By The Press Editor
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Business

20 July, 2026 Stock Market Updates: Sensex, Nifty in red as Brent crude climbs above $90 per barrel | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red amid weak global cues on July 20, 2026, as crude oil prices surged due to escalating geopolitical tensions in the Middle East. While the 30-share BSE Sensex opened flatย at 78,151.45, it soon dipped 609.37 to hit the low ofย 77,542.08; the Nifty shed 144.25 points to open at 24,190.05. In the last trading session,ย the Nifty 50 had closed at 24,334.30. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index was down by 5.75 points, the BSE Smallcap Select Index…
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HDFC Bank, Axis Bank fall 5% post quarterly results, Bank Nifty drops over 1.5% | Markets
20
Jul
By The Press Editor
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Business

HDFC Bank, Axis Bank fall 5% post quarterly results, Bank Nifty drops over 1.5% | Markets

Mumbai: Shares of leading private banks are under pressure, having fallen around 5 per cent due to profit-booking following the announcement of their financial results for the April-June quarter of FY27. The sharp fall also comes amid a decline in benchmark indices, the Sensex and the Nifty, driven by a surge in crude oil prices amid fresh tensions between the US and Iran. Brent crude, the global oil benchmark, was quoted 2.41 per cent higher at USD 90.22 per barrel.ย The 30-share BSE Sensex tanked 523.22 points to 77,628.23 in early trade. The 50-share NSE Nifty declined 134.10 points to 24,198.25.…
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Hawkins Cookers to trade ex-date for Rs 140 dividend this week, check full details here | Markets
20
Jul
By The Press Editor
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Business

Hawkins Cookers to trade ex-date for Rs 140 dividend this week, check full details here | Markets

Mumbai: Shares of kitchen appliance manufacturer Hawkins Cookers will be on investors' radar this week as they will trade ex-date for a dividend of Rs 140 per equity share with a face value of Rs 10 each. However, this will be paid following shareholder approval at the 66th Annual General Meeting (AGM), scheduled for July 29, 2026. The company announced the dividend while declaring financial results for the January-March quarter. The firm's quarterly profit rose 16 per cent, and yearly profit jumped 14 per cent.ย  Hawkins Cookers Rs 140 Dividend The dividend announcement was made by the company's board of…
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As NCR grows, will Namo Cities reshape real estate development around Delhi-NCR? Here’s what experts say | Business
17
Jul
By The Press Editor
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Business

As NCR grows, will Namo Cities reshape real estate development around Delhi-NCR? Here’s what experts say | Business

New Delhi: Over the past three decades, Delhi, Noida and Gurugram have emerged as powerful economic and real estate centres, attracting businesses, industries and millions of residents. As these cities continue to mature, the regionโ€™s next phase of growth is likely to depend not only on expanding existing urban centres but also on creating new ones that are planned from the ground up. The shift is driven as much by opportunity as necessity. Large contiguous land parcels suitable for integrated developments are becoming increasingly scarce in established markets, even as demand extends beyond housing to manufacturing, logistics, educational institutions, healthcare…
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SBI Funds Management IPO allotment expected today, check latest GMP, steps to check status and other details | Markets
17
Jul
By The Press Editor
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Business

SBI Funds Management IPO allotment expected today, check latest GMP, steps to check status and other details | Markets

New Delhi: The allotment status of the initial public offering of SBI Funds Management is expected to be announced today, July 17, 2026. The Rs 9,812.91-crore public issue has received decent subscription and was subscribed 41.66 times on the closing day of bidding on Thursday. According to data available on the National Stock Exchange (NSE), the issue received bids for 5,18,95,47,350 shares, against 12,45,63,536 shares on offer. The category for Qualified Institutional Buyers (QIBs) fetched 140.11 times subscription. The portion for non-institutional investors attracted 22.51 times subscription, while the retail segment was subscribed 3.60 times. Here's a step-by-step guide to…
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Sensex zooms 964 points, Nifty settles above 24,300 amid firm buying in IT and banking stocks | Markets
17
Jul
By The Press Editor
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Business

Sensex zooms 964 points, Nifty settles above 24,300 amid firm buying in IT and banking stocks | Markets

Mumbai: Benchmark indices Sensex and Nifty ended the week on a strong note amid broad-based buying in heavyweight banking, financial, and IT stocks. The 30-share BSE Sensex closed 964.58 points higher at 78,151.45. During the day, the benchmark hit a high of 78,282.55 and a low of 77,308, gyrating 974.55 points. The 50-share NSE Nifty was up by 261.55 points or 1.09 per cent and ended the session at 24,334.30. However, the broader market ended the session in the red. While the BSE MidCap Select Index dropped 13.78 points or 0.07 per cent, the BSE SmallCap Select Index fell 28.04…
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PM Modi inaugurates stretch of Delhi-Amritsar-Katra Expressway, travel to Mata Vaishno Devi to be smoother | Business
17
Jul
By The Press Editor
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Business

PM Modi inaugurates stretch of Delhi-Amritsar-Katra Expressway, travel to Mata Vaishno Devi to be smoother | Business

New Delhi: Prime Minister Narendra Modi on Friday inaugurated the Haryana section of the Delhi-Amritsar-Katra Expressway from Jind, marking a significant milestone for the nation. With the opening of this greenfield expressway, travel from Delhi to the shrine of Mata Vaishno Devi will become much easier and faster.ย  The Greenfield corridor forms part of the 667 km Delhi-Amritsar-Katra Expressway. This project is expected to provide a new impetus to road connectivity, tourism, and industry in North India. According to the Prime Minister's Office (PMO), the Delhi-Amritsar-Katra Expressway, once fully operational, will reduce the travel time from Delhi to Katra from…
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Your car renewal premium may rise even after a no-claim record, here’s how to manage it | Personal-finance
17
Jul
By The Press Editor
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Business

Your car renewal premium may rise even after a no-claim record, here’s how to manage it | Personal-finance

New Delhi: If you drive your car safely for an entire year and file absolutely zero claims, can your premium still increase at renewal? This is a common question people have. While a clean record is highly beneficial, keep in mind that your premium is not solely dependent on whether you made a claim in the following year. According to experts, a vehicle's premium is typically calculated using a complex mix of variables, including its age, engine capacity, and specific coverage selections. "Consequently, several external and internal factors can push your premium upward, completely independent of your driving history," said…
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