Companies seeking support for manufacturing Advanced Chemistry Cell (ACC) batteries with support from the performance linked incentive (PLI) scheme are split down the middle in their demands from the centre. These views were collected during consultations called by the Ministry of Heavy Industries for bidding out 20 GW or Rs 7,240 crore worth PLI sops.

Indian equities hit new record highs for the fourth consecutive session due to foreign fund inflows and optimistic investor sentiments. However, broader markets took a break, whilst auto and realty, private bank, and oil and gas sectors finished in the red. Nifty gained 66 points and stood at 19,389 points at the end of the day. Analysts have warned of a potential downturn, as the Nifty ended its session with a “Hanging Man” candlestick pattern and hinted at a short-term reversal if the low of the candle was breached.

Indian equities ended at fresh all-time highs for the fourth consecutive day, amid a positive trend in the US and European markets, and boosted by robust buying in Infosys. The 30-share BSE Sensex climbed by 205 points to reach its new all-time closing high of 66,795, while Nifty ended just shy of the 19,750 levels

While vegetable prices are surging across board, govt data shows rate of tomatoes, onions & potatoes have seen highest spike since May this year. Notification says duty to remain until 31 Dec.

Deeply undervalued mid cap gem with strong fundamentals. Is setting up 5 GWh factory to manufacture Lithium Ion Batteries. Technically RSI is showing weak bullish divergence on daily TF. Currently price is hovering around 2015 levels whereas revenue increased more than 6 times and profit just doubled due to reduced profit margins. With increasing number of retail outlets and Lithium Batteries production, OPM is definitely going to increase in couple of years. In this case expecting …