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Sunday, Nov 28, 2021
Outlook.com
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Outlook Business Team

Stock Market Outlook: Know What Analysts Say Before You Plan To Invest This Week

Nov 28, 2021 Outlook Business Team

The Sensex nosedived 1,688 points on Friday amid concerns over the new coronavirus variant that also led to a rout in global markets. During the last week, the BSE benchmark plunged 2,528.86 points or 4.24 per cent.

FPIs Invests Rs 5,319 Crore In Nov Despite Massive Correct In Stock Market

Nov 28, 2021 Outlook Business Team

As per depositories data, overseas investors put in a net Rs 1,400 crore into equities and Rs 3,919 crore into the debt segment between November 1-26. This translated into a total net investment of Rs 5,319 crore.


RIL, Bajaj Finance, Others’ Market Value Down By Rs 2.61 Lakh Crore This Week

Reliance Industries saw its market worth tank by Rs 38,440.66 crore to Rs 15,30,109.51 crore. Infosys’s valuation took a hit of Rs 37,950.03 crore to reach Rs 7,10,925.34 crore and that of HDFC plummeted by Rs 33,067.68 crore to Rs 4,96,168.98 crore.

These Two IPOs Are Set To Hit Market Next Week To Raise Rs 7,868 Crore

Nov 28, 2021 Outlook Business Team

So far in 2021, as many as 51 companies have launched their IPOs to raise over Rs 1 lakh crore from the market, according to the analysis of data with exchanges.


Petrol, Diesel Price Could Fall Only If International Oil Rates Will Drop

State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise petrol and diesel prices daily.

28 November, 2021

Amazon India Head Summoned By ED Over Future Group Deal Irregularities

Outlook Business Team

The ED is determining whether Amazon breached the Foreign Exchange Management Act in its Rs 1,431 crore deal to purchase a 49 per cent stake in Future Coupons Pvt Ltd in 2019.


28 November, 2021

Star Health IPO To Open On Nov 30. Key Points You Must Know Before Subscribing

Outlook Business Team

The public offer includes a reservation of shares worth Rs 100 crore for employees. At the upper end of the price band, the initial share-sale is expected to fetch Rs 7,249.18 crore.


27 November, 2021

Paytm Q2 Results: Net Loss Widens To Rs 473 Crore, Revenue Up 64%

Outlook Business Team

The company in its first quarterly earnings report since debuting on bourses informed that its total revenue rose 69 per cent on a YoY basis to reach Rs 1,086.4 crore.


26 November, 2021

RBI Fines State Bank Of India Rs 1 Crore

Outlook Business Team

RBI said in its order that the State Bank of India held excess shares in borrower companies which exceeded thirty per cent of the paid-up share capital of the companies.


26 November, 2021

Ashok Leyland MD & CEO Vipin Sondhi Resigns

Outlook Business Team

Ashok Leyland informed that Vipin Sondhi tendered his resignation to devote more time to take care of certain personal commitments. Sondhi was appointed the CEO back in December 2019 for a period of five years.


26 November, 2021

Sensex, Nifty Fall About 3% As Concerns Loom About New COVID-19 Variant

Outlook Business Team

The international oil benchmark Brent crude too slipped below the $80/barrel mark on Friday. It fell 5.62 per cent to $77.60/barrel.


26 November, 2021

ITC Acquires 16% Stake In Baby Products Maker Mother Sparsh

Outlook Business Team

ITC said the acquisition furthered its ambition of digital transformation of carving greater room in the digital space and developing digital-first FMCG brands.


26 November, 2021

NCLAT Extends Time Till Nov 30 For Completing Insolvency Process For Vasan Healthcare

Outlook Business Team

NCLAT stated in its judgement that Vasan Healthcare had faced exceptional circumstances and extending the timeline could save the company from liquidation.


26 November, 2021

Bank of Baroda Raises Rs 1,997 Crore Via Basel III-Compliant Bonds. Should You Buy?

Outlook Business Team

The bank has received total bid amount of Rs 5,308 crore, out of which the issuance was finalised for Rs 1,997 crore at 7.95 per cent (per annum), BoB said in a regulatory filing.


26 November, 2021

Sanofi India To Divest Soframycin, Sofradex Brands For Rs 125 Crore

Outlook Business Team

Sanofi India that upon completion of the transaction, the acquirer Encube Ethicals would be handed over rights to sell and distribute Soframycin and Sofradex in India and Sri Lanka.


26 November, 2021

Stock Market: Investors' Wealth Drop Over Rs 4.48 Lakh Crore. What Should You Do?

Outlook Business Team

The market capitalization of BSE-listed tanked Rs 4,48,223.31 crore to Rs 2,61,18,730.57 crore during the day. Tata Steel, HDFC, IndusInd Bank and Maruti were the biggest laggards.


26 November, 2021

Tega Industries IPO: Price Band Fixed At Rs 443-453 Per Share. Check Details

Outlook Business Team

As a part of the offer for sale, promoters Madan Mohan Mohanka will offload up to 33.14 lakh equity shares and Manish Mohanka will sell 6.63 lakh equity shares.


26 November, 2021

Onsurity Ties-Up With Visa To Offer Health Program For Employees Of SME's

Outlook Business Team

With this deal, SMEs using Visa cards can now provide a complete bouquet of healthcare and lifecare products from Onsurity to their employees (including contractual staff).


Photo Gallery

A health worker disinfects Kanyakumari S.P office after a few office staff tested positive for the coronavirus, in Kanyakumari district.

PTI Photo

Bharatiya Kisan Union (BKU) national spokesperon Rakesh Tikait speaks during a 'Kisan Mahapanchayat' to mark one year of the farmers' agitation, in Mumbai.

PTI Photo/Kunal Patil

Union Home Minister Amit Shah inaugurates the 150 metric ton per day Milk Powder Plant and Automatic Robotic Storage and Retrieval System of Amulfed Dairy, in Gandhinagar.

PTI Photo

Union Ministers Smriti Irani and Mukhtar Abbas Naqvi arrive for the BJP Parliamentary Executive Committee meeting ahead of the Winter Session of the Parliament, in New Delhi.

PTI Photo/Shahbaz Khan

Smriti Irani, Locket Chatterjee and Ranjanben Dhananjay Bhatt arrive to attend BJP Parliamentary Executive Committee meeting ahead of the Winter Session of the Parliament, in New Delhi.

PTI Photo/Shahbaz Khan
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Lead Essay

Roses Among Thorns: The Many Solidarities Of Diverse Protests

Every act of dissent is an art. Of pain and pathos. Of hope and new dawn. It’s their story. It’s everyone’s story.

Opinion

Farm Law Repeal Has Given New Life To Idea Of Protest In India

Dissent is less about material gains than the intangibles they leave us with.

Apoorvanand
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Manual Scavengers

An ‘Untouchable’ Story: My Life As A Protest

For India’s manual scavengers, mere existence is a protest, because they need to fight just to reclaim their humanity and dignity.

Bezwada Wilson
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Opinion

Let's Talk About Ageism And Sexism In Indian Films, A Zillionth Time!

While everyone is going gaga over actress Katrina Kaif in the revamped version of 'Tip Tip Barsa Pani', the replacement of Raveena Tandon does point towards the problem of sexism and ageism in the Indian film industry

Nov 17, 2021 Yashika Mathur

T20 World Cup 2021 Analysis: David Warner And Mitchell Marsh - Tale Of Two Comebacks

Australia winning the T20 World Cup for the first time has been timely as they host the next edition at their own backyard in 2022.

Nov 15, 2021 Arijit Ghosh

Education In India During Covid-19: Challenges Faced And Solutions For A Post-Pandemic Era

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T20 World Cup Review: Jaded By An Excess Of Cricket, India Were On An Inevitable Path To Doom

India's cricket administrators showed more drive to boost BCCI's coffers rather than take care of players' welfare during pandemic times.

Nov 08, 2021 Arijit Ghosh