Market
Surprised that Q1 results weren't too bad? Just look at operational expenses
Operational expenses like advertising and promotion, travel, freight and forwarding were down sharply
Laggard sectors entertainment, hospitality show signs of life in the stock markets
The big gainers on Thursday included Indian Hotels, EIH Hotel, Shoppers Stop, Inox Leisure, Interglobe Aviation
Sebi to relax public shareholding norms for firms under insolvency
Sebi has sought views of public and market intermediaries till September 18 in this regard
Mutual fund norms violation: Sebi imposes Rs 10 lakh fine on Bank of Baroda
Whole time member of the Sebi had earlier directed the bank to comply with the guidelines on or before December 31, 2020, the filing said
Six of 10 top valued firms lose Rs 78,275 crore in m-cap, Reliance, TCS top losers
RIL's valuation plunged by Rs 20,666.46 crore to Rs 13,40,213.50 crore, taking the biggest drop among the 10 most valued firms
Gold sales in India hit an all-time low
Gold prices hitting record highs after soaring around 30% this year, there is little incentive for customers to splash out on jewellery
Sensex slips 433 points, Nifty ends below 11,200; Auto, bank stocks drag
Axis Bank was the top loser in the Sensex pack, falling around 3 per cent
Sensex ends 362 points higher after RBI policy, Nifty tops 11,200
Tata Steel was the top gainer in the Sensex pack, rising around 4 per cent
Oil prices struggle to hold five-month high amid growing demand fears
Investors remained wary of rising refined product inventories at a time when US bankers said rise in cases was slowing the economic recovery
Gold price rises to Rs 54,830, silver falls to Rs 66,855 per kg
In the international market, gold was quoting marginally lower at USD 1,975.4 per ounce, while silver was flat at USD 24.31 per ounce