By Ajit Mishra Bears remained under control in May expiry and pushed the markets further lower. Global headwinds like fear of aggressive rate hikes from the US Fed, the ongoing Russia-Ukraine War, and Covid-led lockdown in China continue to dent the sentiment. On the domestic front, the earnings season turned out to be mixed, in […]
Seven of the top-10 most valued firms together added Rs 67,859.77 crore in market valuation in a holiday-shortened last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the 30-share BSE Sensex climbed 598.03 points or 0.99 per cent. Equity markets were closed on Friday (April 14) on account of […]
Sah Polymers shares witness a stellar debut on the stock exchanges as stock lists with 30% gains over the IPO price, supported by healthy subscription and better financial performance. Sah Polymers shares debuted at a price of Rs 85 on the National Stock Exchange (NSE) and jumped 5% to Rs 89 within minutes. The company’s […]
The national capital witnessed this winter’s densest fog on Tuesday morning with the visibility dropping to nearly 0 metres at the Indira Gandhi International Airport and several other areas of Delhi, as the temperature dropped to almost 7 degrees in the national capital, according to the India Meteorological Department. Morning visuals from Delhi’s India Gate, […]
By Deveya Gaglani Gold prices were under selling pressure last year after hitting an all-time of $2070 in 2022. Prices steadily declined after March 2022 as Fed started hiking interest rates and monetary tightening by central banks around the world, reducing gold’s appeal as an inflation hedge while raising the opportunity cost of holding the […]
By Siddhant Mishra In a year that saw significant volatility, some public sector bank (PSB) stocks stood out. Among the large-caps, Bank of Baroda was the bigger gainer, rising 126% since the turn of the year. According to Prabhudas Lilladher, the lender surprised the Street with its earnings, raking in higher profits, net interest income, […]
As Covid-19 cases ceased, it was perhaps the retail sector which benefitted the most, as consumers returned to brick-and-mortar stores. Infact, experts believe that this year has been a turning point for the retail industry. “The Indian retail industry which was valued at $836 billion in FY22 has clocked a growth of 34% in FY23. […]
Domestic indices opened in the negative territory on F&O expiry but turned green as the market sentiment improved. The NSE Nifty 50 rose 14.20 pts or 0.08% to 17,166.10 and BSE Sensex rose 53 pts or 0.09% to 58,267.87. Bank Nifty rose 41.65 pts or 0.10% to 40,040.70. The top gainers on Nifty 50 were […]
National Stock Exchange (NSE) on Friday said it will launch futures contracts on underlying WTI crude oil and natural gas in the commodity derivatives segment from May 15.This comes after the exchange, last month, received approval from markets regulator Sebi to launch the rupee-denominated Nymex WTI crude oil and natural gas futures contracts in its […]
Shaalaa.com, an e-learning platform, has witnessed a significant increase in female enrollment from the CBSE board. The proportion of girls utilising Shaalaa.com’s resources has surged from 46% in 2022 to 63.4% in 2023. Additionally, the platform has seen a 62% rise in the participation of girls from Maharashtra, opting for its free resources aligned with […]
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