Coal India

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Indices end higher, Nifty above 17460, Sensex gained 657 points

Benchmark indices ended higher. Nifty added 197 points to end at 17463.80. Sensex gained 657 points to close at 58465.97. BSE Midcap and Small-cap indices gained 0.6-1.2%. Except for Nifty PSU Bank and Nifty Oil & Gas, rest of the indices ended in green. Best performing indices were Nifty Auto, Nifty Metal, Nifty Bank, Nifty …

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Weekly performance of Indian Markets

Weekly performance of Indian Markets: 01/10/21 to 08/10/21 Nifty 50 has started its October journey on a positive note. It gained 363.15 points from 17,532.05 on October 1st to 17,895.20 on October 8th. It is equal to 2.07% rise. Top 5 gainers on Nifty 50 Index: Tata Motors: 14.90% ONGC: 10.05% Titan Co.: 8.99% IndusInd …

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China’s energy crunch and its impact on global economy

China has been facing a severe power crisis which is making one of the top headlines of this week. This crisis led to power outages and blackouts. As a result, both the industrial and household users are facing trouble. Moreover, as the winter is approaching, the situation is becoming more chaotic. Power shortages are not …

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The Electricity Amendment Bill 2021 and it’s impact on power distribution

Today i.e., 29th September, 2021, has seen another day of correction in Indian stock markets. However, the power sector stocks rallied phenomenally. Tata Power (8.25% up), IEX (6.86% up), NTPC (6.6% up), and Coal India (6.34% up) have seen significant upward movement. The reason behind this is the proposed Electricity Amendment Bill 2021. It has …

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