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Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian stock markets saw a notable recovery after early losses on Monday. Sensex rose nearly 483 points, while Nifty gained over 153 points during the trading session. This rebound followed a four-day decline that significantly impacted investor wealth. Analysts noted value buying supported the recovery, particularly in sectors like power,…

The Economic Times · Oct 26

MRPL explosion: One dead, eight injured; minister says senior officer appointed to probe cause

A serious explosion occurred at Mangalore Refinery and Petrochemicals Limited, causing one fatality and injuring eight individuals. Karnataka Minister UT Khader visited the site to assess the situation and announced an investigation. The incident, which took place in the hydro sulphur treatment unit, left one worker dead and others receiving…

The Economic Times · Oct 1

MRPL shares tumble 5% after explosion at Mangaluru plant, thick smoke seen from refinery unit

MRPL shares fell over 5% after an explosion was reported at its Mangaluru refinery, with thick smoke seen emerging from the facility. Fire brigades and ambulances rushed to the site, while the cause remained unknown.

The Economic Times · Sep 30

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities declined as rising crude prices and a weaker rupee weighed on sentiment. Sensex fell 388 points and Nifty 112 points, while analysts flagged 24,400 as key support amid geopolitical risks and upcoming inflation data.

The Economic Times · Aug 11

MRPL seeks crude via tender avoiding Red Sea and Hormuz, document shows

Mangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea and Strait of Hormuz. This precautionary measure aims to prevent potential disruptions to key maritime oil trade routes. The refiner previously did not award a tender seeking…

The Economic Times · Jul 27

Ahead of Market: 10 things that will decide stock market action on Friday

Indian equities ended subdued as geopolitical tensions capped gains despite optimism around Q1 earnings. Analysts expect stock-specific action, with financials, autos and digital firms in focus, while Nifty remains range-bound between key support and resistance amid cautious investor sentiment.

The Economic Times · Jul 16

MRPL shares zoom 11% after Q1 turnaround; revenue nearly doubles

MRPL shares surged over 11% on Thursday after the company reported a strong Q1FY27 performance. Revenue nearly doubled year-on-year to Rs 41,609 crore, while the company returned to profitability with a PAT of Rs 915 crore, compared with a net loss of Rs 272 crore a year ago, driven by…

The Economic Times · Jul 16

ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%

Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended quarter. This growth was driven by a 4% increase in revenue from operations, reaching Rs 1,73,805 crore. The company also recommended a final dividend and approved a joint…

The Economic Times · May 26

Here are the big stories from Karnataka today

Karnataka Today newsletter: Leaf-spot disease leaves areca growers worried, and more

The Hindu · Jun 14, 2023

IAF to fly AN-32 on blended biodiesel for 200 hours

Performance very satisfactory, says Air Vice-Marshal

The Hindu · Sep 16, 2022