US stock index futures were subdued on Thursday ahead of the keenly awaited December inflation data that would offer more clues on the Federal Reserve’s path of monetary tightening. The inflation report, due at 8:30 a.m. ET (1330 GMT), is expected to show US Consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% […]
Domestic indices were trading higher on Monday. The BSE Sensex rose 139.9 pts or 0.24% to 59,275.03 and NSE Nifty 50 jumped 42.25 pts or 0.24% to 17,455.15. Bank Nifty climbed 91.25 pts or 0.23% to 40,576.70. The top gainers on Nifty 50 were Kotak Bank (up 1.30%), Bank of Baroda (up 0.95%), HDFC Bank […]
Adani group share tumbled up to 18% on Friday in the aftermath of the 103-page report released by US-based forensic financial research firm Hindenburg Research, which alleged accounting fraud, stock manipulation and improper use of offshore tax havens by the group. Continuing the sell-off seen on Wednesday, Adani Enterprises shares fell more than 3% to […]
Foreign institutional investors (FII) bought shares worth a net Rs 211.06 crore while domestic institutional investors (DII) purchased shares worth a net Rs 90.81 crore on Tuesday, January 17, 2023, according to the data available on NSE. For the month till January 17, FII sold shares worth a net Rs 17,958.61 crore while DII bought […]
By Karun Arya This festive season is set to be the most exciting yet. We have more brands than ever before vying for consumer attention and a share of their wallets. With the influx of hundreds of new D2C brands, the competition is tighter than ever before. As one of the largest financing platforms for […]
Indian benchmark equity indices closed Monday’s session broadly higher. The BSE Sensex closed above 60,200 and the NSE Nifty 50 settled above 17700. Bank Nifty concluded above 41350. The top gainers of the Nifty 50 were Adani Enterprises (up 5.45%), Tata Motors (up 2.92%), ONGC (up 2.56%), NTPC (up 2.35%) and Power Grid (up 2.32%) […]
By Siddhant Mishra A clutch of 40 companies raised close to `59,412 crore from main board initial public offerings (IPOs) in 2022, data from Prime Database showed. The amount was half the `1.19 trillion – an all-time high – raised by 63 offerings in 2021. Last year, Life Insurance Corporation alone mopped up Rs 20,557 […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty 50 and BSE Sensex may remain under pressure today amid mostly negative cues. The Nifty futures on the Singapore Exchange (SGX) were trading 34.5 points or 0.19% higher at 18,345.5 in today’s early morning trade. Asian markets were trading in red – Hong Kong’s Hang […]
The government hiked the securities transactions tax, or STT, on the sale of futures and options in the Finance Bill passed in the Lok Sabha on Friday. For sale of futures in securities, the STT rate has been increased from 0.01% to 0.0125%, which translates to an increase of 25%. This means that for a […]
The India Meteorological Department (IMD) in its latest weather forecast said that the northwest India is expected to experience continued dense to very dense fog over the next 3-4 days, affecting visibility and disrupting travel. Most parts of Punjab, significant portions of Haryana, Chandigarh, and Delhi, as well as some areas in Uttar Pradesh, are […]