Despite consolidation, the market traded higher throughout the session and ended at a new closing high on July 15, with the Nifty 50 reaching closer to the 24,600 level, gaining 0.35 percent. About 1,239 shares advanced, while 1,142 shares declined on the NSE. The Nifty 50 is poised to climb towards 24,800-24,900 in the coming sessions, provided it holds 24,500, with crucial support at 24,300. Her...

Shares of GAIL India Limited advanced nearly 2 percent to Rs 208 apiece in morning trade on May 27 after the company announced the inauguration of its first 10-megawatt (MW) green hydrogen plant under the National Green Hydrogen Mission in Vijaipur, Madhya Pradesh.The plant has a capacity to produce 4.3 tonnes per day (TPD) of hydrogen through its electrolyzer units by using renewable power to per...

State-run GAIL (India) Ltd has initiated arbitration against a former unit of Russia's Gazprom in London after the latter reneged from its contractual obligation to supply liquefied natural gas (LNG), Chairman and Managing Director Sandeep Kumar Gupta said on May 19.“They had alleged force majeure. We did not accept that considering that this was a portfolio contract and they should have supplie...

Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open higher amid positive global cues. Ahead of the session, SGX Nifty was up in green, hinting at a positive start for domestic equity markets. “The pressure in the global indices, especially the US, is weighing on the sentiment and we feel the scenario would continue in absence of any major domestic trigger. A decisive breakdow...

Shares of GAIL (India) Ltd rose nearly a per cent to ?92 apiece on the BSE in Tuesday's opening deals as the stock started trading ex-bonus, a day ahead of its record date for the bonus issue of equity shares that its board had recommended in the ratio of 1:2 in July this year.The company has fixed Wednesday, 7th September, 2022 as the Record Date for the purpose of ascertaining the eligibility of...