Tag: share market
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MTNL shares jump 19% on likely revival measures
Mumbai : State-owned telecom service provider MTNL stocks surged up to 19 per cent on Thursday on expectations that the Digital Communications Commission (DCC), previously Telecom Commission, will approve a revival plan for the cash-strapped company. MTNL stocks surged 19 per cent around 11.30 a.m. to touch an intra-day high Rs 14.35 per share. At…
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Caution ahead of derivatives expiry subdues equity markets
Mumbai : (IANS) Caution ahead of derivatives expiry, coupled with profit booking and weak crude oil prices, subdued the Indian equity markets on Thursday. The key equity indices had briefly slipped into the red during the late trade session. But later they recovered to close marginally in the green, as strong foreign funds inflow supported…