By Rajesh Palviya In the Nifty 50 current series, a Long addition has been witnessed with an increase in price of 5.64% and increase in OI by 4.38% as of Wednesday wherein there was addition of 4.20 lakh shares in OI, increasing from 96.04 lakh to 100.24 lakh shares. Nifty current series rollover stands at […]
Stock market benchmark indices climbed in early trade on Wednesday, extending their rally for the eighth day running, following strength in most of the Asian equity exchanges and continuous foreign fund inflows. Also, buying in index majors Reliance Industries, HDFC twins and Tata Consultancy Services added to the positive trend in the equity market. The […]
By Shrikant Chouhan The benchmark indices continued positive momentum for the second day in a row. The Nifty 50 index ended 147 points higher while the BSE Sensex was up by 477 points. Among sectors, almost all the major sectoral indices traded in the green but the auto and smallcap index outperformed. After a strong […]
Daihatsu Motor Co. will halt shipments and suspend operations through January, as the Toyota Motor Corp. subsidiary seeks to contain the fallout of an investigation thatrevealedmost of its vehicles weren’t properly tested for collision safety. The maker of popular kei cars promised to compensate all 423 of the companies it directly supplies, a Daihatsu spokesperson […]
Indian share market is likely to open on a positive note on the week’s last trading day, hinted SGX Nifty. On the Singapore Exchange, Nifty futures traded higher at 17688 level. In the previous session, BSE Sensex gained 224 pts to 59,932, while NSE Nifty 50 fell 6 pts to 17,610. “Global cues are gradually […]
By Rahul Shah Equity markets globally remained impacted by worries on rising interest rates, elevated crude oil prices and liquidity tightening – which kept the market both volatile as well as jitter. markets registered losses in the last five trading days, Nifty closing at 16201 and Sensex closing at 54303, logging their first weekly losses […]
By Furqan Qamar & Jai Mohan Pandit ‘Hallucination’ is the Cambridge word of the year 2023, largely due to its rampant usage in the context of Artificial Intelligence (AI), particularly the large language models (LLMs), which return made-up and fictitious facts and figures and substantiate their argument by false references and citations. This makes many […]
NSE Nifty 50 has not bottomed out yet. In fact, the index has broken the crucial support level at 15700, which it has held for the last 3 months, Shrikant Chouhan, Head of Equity Research (Retail) at Kotak Securities, said. In an interview with Surbhi Jain of FinancialExpress.com, Shrikant Chouhan said that if the 50-share […]
The majority of portfolio management services (PMS) schemes underperformed the Nifty50 in CY 2022 amid sustained market volatility. As many as 56%, or 168, of the 300 PMS schemes were not able to beat the returns generated by the benchmark in CY22. The 300 schemes collectively delivered average returns of -0.2% — far lower than […]
HDFC Bank shares gained over 1% to Rs 1,617 on NSE on Monday after the private lender reported a 19.9% jump in its consolidated net profit for the quarter ended December 2022. Beating market estimates, it reported a net profit of Rs 12,698 crore. The bank’s December quarter net revenue grew by 18.3% to Rs […]