Indian stocks opened lower on Friday, halting a two-day advance on the Sensex and Nifty as weakness in IT shares weighed on sentiment. The retreat came despite continued optimism around corporate earnings recovery and steady foreign fund inflows. The S&P BSE Sensex fell 111.70 points, or 0.13%, to 83,355.96 in early trade, while the NSE…
Government-owned Maharatna’ public sector company Power Grid Corporation of India Ltd (POWERGRID) on Wednesday said that the company’s estimated capex outlay will reach Rs 3,06,600 crore by 2032. The capex outlay refers to the total amount of funds a company spends on projects or investments over a specific period. It also includes all expenses or…
Major public sector Power Grid Corporation of India had its shares down on Tuesday, May 20, after registering subdued earnings for the March quarter. The share fell 0.6 per cent to Rs 302.15 in initial trade on the NSE as investor sentiment became subdued despite the company declaring a final dividend and exit from stakes…