Stocks to watch: Bharti Airtel,Jet Airways, GMR Infra,Venus Remedies
Crude oil price rose Thursday after OPEC didn’t make any changes in its output quotas. New York's main contract, light sweet crude for October delivery was up at $71.71 per barrel.
By ET Bureau |
MUMBAI: Crude oil price rose Thursday after OPEC didn���t make any changes in its output quotas. New York's main contract, light sweet crude for October delivery was up at $71.71 per barrel. Brent North Sea crude for October delivery rose to $70.05 a barrel.
The Indian rupee moved higher on expectations of capital inflows in the domestic stock market. At 9:10 am, the partially convertible rupee was at 48.40/41 per dollar against its previous close of 48.51.
Bharti Airtel has denied reaching a preliminary agreement with South Africa���s MTN on their planned strategic alliance, saying the mobile phone firms are still in discussions ahead of the September 30 deadline for exclusive talks.
Jet Airways cancelled nearly 200 domestic and international flights as its pilots continued their agitation to protest sacking of two of their colleagues. Jet Airways chairman Naresh Goyal has not rule out hiring foreign pilots if the pilots doesn���t resume work.
GMR Infrastructure, the flagship company of the GMR group with a turnover of Rs 4,500 crore, has decided to restructure its operations, creating four holding-cum-operational companies for airports, energy, roads and international business, which would be listed on the bourses in the next one to two years.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
