Indian benchmark indices BSE Sensex and NSE Nifty 50 are among the best performers so far this year compared to major western and EM stock markets, with gains of over 4% year-to-date. Bank, oil & gas, fast-moving consumer goods (FMCG), and public sector enterprises are among the stocks that drove the rally in the index […]
Indian benchmark equity indices opened flat on on monthly F&O expiry amid mixed global market sentiment. The BSE Sensex fell 87.04 pts or 0.15% to 59,657.94 and NSE Nifty 50 plunged 20.45 pts or 0.12% to 17,533.85. The top gainers on Nifty were Coal India (up 0.90%), JSW Steel (up 0.71%), UPL (up 0.61%), Tech […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Fuel prices continued to stagnate on Thursday, 16 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at […]
Tata Technologies, a subsidiary of Tata Motors, has filed draft papers with the Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO), making it the second Tata Group company intending to tap the capital markets in 2023. In December, Tata Play (formerly Tata Sky) had filed initial papers […]
By Rajesh Palviya In Nifty current series there has been a Long addition witnessed with increase in price of 1.56% and increase in OI by 11% as of Wednesday wherein there was addition of 11.95 lakh shares in OI, increasing from 112.81 lakh to 124.84 lakh shares. Nifty current month rollover stands at 13% as […]
Shares of listed brokerages have slid over the past year amid the volatility in the markets, slowdown in new client additions and moderation in trading activity in the cash segment. Shares of IIFL Securities and Emkay Global Financial Services have fallen 45% and 43%, respectively, in the past year. Motilal Oswal Financial Services, ICICI Securities, […]
By Bhavik Patel Gold is in a precarious position as participants are waiting for its next direction and trigger which will come after 14th March. US Fed Chairman Powell was super hawkish during the semi annual congressional testimony which took the US dollar above 105. He stressed that latest economic data are stronger than expected […]
The Indian rupee opened marginally higher at 81.72 per dollar on Wednesday versus the previous close of 81.78. The local unit is likely to appreciate further today amid a rise in risk appetite in global markets and softening of crude oil prices. Further expectation of a decline in US CPI numbers could force the Fed […]
By Siddhant Mishra The Securities and Exchange Board of India (Sebi) on Tuesday gave its approval to the exchanges for introducing future contracts on corporate bond indices. This has been done with a view to enhance liquidity in the bond market and provide investors with the opportunity to hedge their positions. Sebi has stipulated in […]
TITAN’S Jewellery sales increased by 23.5% y-o-y in Q4, indicating a significant growth in revenue from this segment. Ebit margin was 13.2% in Q4, indicating that the company is profitable. Despite demand hiccup, the outlook for Titan is strong, indicating that the demand for its products is expected to pick up again. Titan is actively […]