Shipping Corporation, GE Shipping shares rally up to 5% ahead of Cabinet meeting today

October 16, 2024

Shares of Shipping Corporation of India and Great Eastern Shipping Company rose on the BSE amid reports that the Centre may approve the Coastal Shipping Bill 2024. The Bill aims to ease shipping sector rules, promote more ship lines into Indian ports, and enhance coordination between inland waterways and coastal shipping.

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Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?

Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII

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