D-Street Buzz: Over 500 stocks hit 52-week low on BSE including RBL Bank, Hero Moto; VIX jumps

Benchmark indices have turned red once again in the last hour of trade on July 30 with Sensex shedding 144 points at 37,542 while the Nifty50 is down 55 points at 11,134. Nifty PSU Bank tanked over 4 percent dragged by Indian Bank, Bank of Baroda, Bank of In…

D-Street Buzz: Over 350 stocks hit 52-week low on BSE; Tata Motors, Coal India slip 3% each

Benchmark indices continues to trade in the red with Nifty down 52 points at 11,635 while the Sensex shed 165 points and is trading at 39,050 level. PSU Bank, Auto and the Metal index are down over 2 percent each. The top losers from the PSU banking space ar…

China slaps anti-dumping duty on stainless steel from EU, Indonesia, Japan, and S Korea

Dumping is an international-trade term that describes a country or company exporting a product at a price that is lower in the foreign import market than the price in the exporter’s domestic market, in order to gain a competitive advantage. “Starting on July…

Tata Steel’s Q1 consolidated steel output grows 9% to 7.61 MT, production in India up 20% YoY

New Delhi: Domestic steel giant Tata Steel on Sunday said its consolidated steel production rose by 9.18 percent to 7.61 million tonnes (MT) in the first quarter of the current fiscal. The company’s output in the year-ago period was at 6.97 MT, Tata Steel Lt…