By Ruchit Jain After posting a smart rally in the July series, Nifty started the August series on a positive note and it reclaimed the 17000 mark at the start of the series. The index kept its momentum intact and almost tested the 17500 mark on the first weekly expiry day of the month. We […]
In an ever-evolving investment landscape, it is not advisable to sit ideal and wait for your investment to grow on their own. You must keep adjusting and accommodate new strategies to ensure your investment grows as expected and you are able to achieve your financial goals. Investing is a journey marked by ups and downs, […]
By Jigar Trivedi WTI crude futures rallied towards $119/bbl, recording the sixth weekly advance. Prices have been marching higher in the previous week as the EU succeeded in banning Russian oil, Chinese lockdowns were lifted and the US summer driving season got underway. Meanwhile, OPEC+ agreed to production hikes of 648,000 barrels a day for […]
US stock index futures were muted on Friday with all eyes on the jobs data due later in the day for further clues on how aggressive the Federal Reserve will be with its monetary policy tightening. The Labor Department’s more comprehensive jobs report due at 8:30 a.m. ET is expected to show nonfarm payrolls rose […]
Adani Group stocks rallied for the second straight day on Wednesday. The Gautam Adani-led conglomerate’s flagship firm Adani Enterprises was top gainer on the Nifty 50 index, zooming 11%, and Adani Ports and Special Economic Zone shares were also among the top gainers, soaring around 8% in early trade. Adani group companies’ market value, which […]
Indian equity indices ended Monday’s session in the green territory. The Sensex closed above 61,100 while the Nifty settled above 18,100. The top gainers of the BSE Sensex were Tata Steel (up 5.81%), Tata Motors (up 1.83%), ICICI Bank (up 1.46%), Axis Bank (up 1.16%) and Mahindra & Mahindra (up 1.14%) while Asian Paint (down […]
As the Reserve Bank of India gears up for its next Monetary Policy Committee meeting in April, experts weigh in if the central bank will announce another interest rate hike following February’s CPI inflation print of 6.4% – the second straight month of retail inflation persisting way above RBI’s tolerance zone. The core inflation number […]
16,398 employees were laid off by over 100 Indian startups and technology companies in 2023 (as of December 26) across major and emerging tech hubs in the country including Delhi NCR, Bengaluru, Mumbai, Hyderabad, Pune, Chennai and others, according to the latest data from layoff tracker Layoffs.fyi. While Paytm trimmed its workforce by 1,000 employees, […]
By Siddharth Sharma A rapidly expanding economy and vast population put India at the forefront of the global climate challenge. Confronted with the unprecedented task of integrating climate change into her growth narrative, with an ambitious goal of reaching net zero by 2070, India is making noteworthy efforts to stride towards a sustainable, low-carbon future, […]
By Shrikant Chouhan On Tuesday, the benchmark index Nifty gained 130 points while the Sensex was up by 379 points. Among Sectors, Auto and Reality indices outperformed. Auto gained 2.5 per cent and Reality index rallied over 2 per cent. whereas some profit booking was seen in PSU Banks and Media stocks. Technically, after a […]
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