Indian benchmark indices were trading higher amid positive cues from global markets. The BSE Sensex rose 300 points to 54,527, and the NSE Nifty 50 gained 90 points to 16,222. The broader markets were also in the positive zone with the BSE MidCap and SmallCap indices inching up to 0.3 per cent higher. Sectorally, Nifty […]
JSW Steel’s consolidated net profit declined over 20% on a year-on-year basis to Rs 3,343 crore, missing the Street’s estimates of Rs 4,558.20 crore for the quarter ended March 31, 2022, due to an exceptional item of Rs 741 crore primarily towards impairment in its US subsidiary. “A subsidiary in USA received a final arbitration […]