IT major Wipro is mulling a share buyback, and the board of directors will meet on 27 April to consider the proposal. Wipro will also release its financial results for the quarter ended March 2023 on the same day. “The outcome of the Board meeting will be communicated to the stock exchanges soon after the […]
After the Economic Survey 2023, markets are now eyeing Union Budget 2023 which is set to be presented on Wednesday, 1 February. Finance Minister Nirmala Sitharaman’s announcements, along with the US Fed’s interest rate hike decision, will dictate how domestic equities react tomorrow. Any favourable announcement that can boost economic growth, private investment, or consumption […]
India’s 1-year government debt yield rose higher than that of the 10-year note on Wednesday, following higher than expected cut-offs of the Reserve Bank of India’s (RBI) treasury bills sale. The RBI sold 364-day notes at 7.48% yield, the highest since October 2018. The cut-off at the 1-year T-bill at auction was higher than the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices remain unchanged on 9 January 2023 (Monday), keeping costs steady for about seven months now. In Mumbai, petrol is retailing at Rs 106.31 per litre, and diesel is selling at Rs 94.27 per litre. In the National Capital, petrol price is priced […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to two stocks/securities on Thursday, January 12, 2023. Indiabulls Housing Finance and Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Thursday. According to […]
The year 2023 has been better on the economic front for India than envisaged at its dawn. The Reserve Bank of India (RBI) has recently raised its forecast of the real GDP expansion for FY24 to 7% from 6.5% (this implies the same rate of year-on-year growth in calendar year 2023). It has also started […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Thursday, 4 May across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last eleven months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and diesel […]
NSE Nifty 50, Bank Nifty and BSE Sensex surged on Friday surpassing crucial levels under watch. NSE Nifty 50 rose 215.05 pts or 1.24% today to 17,536.95; BSE Sensex climbed 803.43 pts or 1.36% to 59,712.78; and Bank Nifty skyrocketed 841.75 pts or 2.08% to 41,231.55. Analysts attribute today’s rise to Adani-GQG’s $1.87 billion deal. […]
Benchmark indices NSE Nifty and BSE Sensex ended Monday’s session broadly in green. The NSE Nifty 50 jumped 119.35 points or 0.68% to 17,743.40 and BSE Sensex surged 401.04 points or 0.67% to 60,056.10. In sectoral indices, Bank Nifty skyrocketed 517.75 points or 1.23% to 42,635.75, Nifty Financial Services soared 239.2 points or 1.28% to […]
Global stock markets and Wall Street futures fell Friday ahead of a US job market update amid unease about possible further interest rate hikes. Markets in London, Shanghai, Frankfurt and Tokyo declined. Oil prices were lower. Traders looked ahead to US government hiring data due out Friday after other indicators showed the job market has […]