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Nifty to open flat note amid mixed global cues - The Hindu BusinessLine

Brace for volatility later as May contracts settlement today ....

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Rashtriya Chemicals & Fertilizers standalone net profit rises 6.85% in the March 2021 quarter

Rashtriya Chemicals & Fertilizers standalone net profit rises 6.85% in the March 2021 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Rashtriya Chemicals and Fertilizers Limited board recommends final dividend of Rs. 1.78

Rashtriya Chemicals and Fertilizers Limited board recommends final dividend of Rs. 1.78
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

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Fertiliser stocks gain as government hikes subsidy; Chambal, RCF rally 9%

Fertiliser stocks were in focus at the bourses on Thursday, rallying up to 9 per cent on the BSE in intra-day trade, after the Centre increased its share of subsidy for di-ammonia phosphate (DAP) by 140 per cent from Rs 500 to Rs 1,200 per bag. The hike in DAP fertiliser subsidy is due to rising prices of phosphoric acid, ammonia, etc, internationally.
This would translate into reduction of market price of DAP from Rs 2,400 per bag to Rs 1,200 per bag. The cost to the government would be around Rs 14,775 crore.
In the last few months, all major fertiliser companies, including the biggest player Iffco, had hiked DAP rates along with prices of other complex fertilisers. This followed a 60 to 70 per cent rise in international prices of phosphoric acid and ammonia, which are key components for DAP. ....

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Indices end near day's low; Dow futures down 178 pts

Read more about Indices end near day s low; Dow futures down 178 pts on Business Standard. The domestic equity benchmarks ended near the day s low after a volatile trade on Thursday. Bourses witnessed bouts of volatility on account on weekly index options expiry on the NSE. The Nifty ended a tad above the 14,900 mark. Fertilizer shares ....

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