By Rohan Patil It was a very volatile and a mix bagged week for the benchmark index where prices started the week with a positive tick and closed in red for the rest of the three consecutive days and again closed in green to end the week and closed above 17700 levels. The prices are […]
By Rahul Shah NSE Nifty 50 and S&P BSE Sensex managed to end last week in positive territory despite highly volatile trading sessions in the short spun this week. Sensex gained 183 points or 0.3% to close at 59,646 while touching a high of 60,411, just less than 2000 points away from the record high (62,245 […]
Market capitalisation (m-cap) of the top-10 most valued companies eroded by over Rs 2.09 lakh crore last week, with Reliance Industries and TCS taking the biggest hit amid an overall weak trend in equities. On a weekly basis, domestic equity benchmarks witnessed heavy selling. The 30-share BSE Sensex plummeted 1,145.23 points or 1.93 per cent. […]
Domestic equity indices extended Tuesday’s losses and opened in red on Wednesday. BSE Sensex fell 138.75 points or 0.23% to 59,976.73 and NSE Nifty dipped 30.15 pts or 0.17% to 17,884.00 in the opening session. Tata Motors, Tata Steel, Tech Mahindra, Infosys and TCS were among the major gainers on Sensex, while Bharti Airtel, Hindustan […]
Domestic indices ended Wednesday’s session broadly in green. The NSE Nifty 50 settled above 17550, BSE Sensex above 59650 and Bank Nifty just around 41000. The top gainers on the Nifty 50 were Larsen & Toubro, HDFC, HDFC Bank, ITC and Hindustan Unilever while the losers were Eicher Motors, Mahindra & Mahindra, IndusInd Bank, NTPC […]
GPS Renewables, a leading full stack technology and engineering company focussing on clean fuels has announced that it has bagged orders worth Rs 2,000 crore, which will see it undertake multiple Compressed Biogas (CBG) projects (Renewable Natural Gas (RNG)) across the country. The strategically positioned plants will process 4,000-tonnes per day of agri-residue and energy […]
China-headquartered electric vehicle major BYD has announced the next phase of its European strategy with the construction of a brand-new manufacturing and production centre in Szeged, Hungary. The new facility the company claims will be the first of its kind built by a Chinese automotive company in Europe and will have the advanced car production […]
Indian benchmark indices are likely to open on a muted note on Monday, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading lower at 17813. In the previous session, BSE Sensex rallied 910 pts or 1.52% to 60,842, while NSE Nifty 50 jumped 1.4% to 17,854. “We expect volatility to remain high this […]
Elin Electronics shares had a tepid listing on the bourses on Thursday after the IPO closed last week. The shares opened at a discount amid a positive domestic market, listing at Rs 243 on the BSE, as compared to the public issue price of Rs 247. The shares fell to a low of Rs 238, […]
India’s current account deficit (CAD) narrowed to 1% of the gross domestic product (GDP) in Q2FY24 from 3.8% in the corresponding period of FY23, helped by a moderation of merchandise trade deficit, stronger inflows from services trade and higher remittances. At 1.1%, the CAD was modest in Q1FY24 too. In absolute terms, the CAD came […]