By Rajesh Palviya Nifty started the week on a flat note and traded with extreme volatility on either side throughout the week. However Friday’s buying momentum recovered some of the earlier losses to close in negative terrain. Nifty closed at 16049 with a loss of 171 points on a weekly basis. India VIX index is […]
The Indian rupee opened 15 paise higher at 81.77 per dollar on Wednesday against the previous close of 81.92 per dollar. The local unit is likely to appreciate amid weakness in the dollar and optimistic global market sentiments. Meanwhile, investors brace for US FOMC policy meeting and the Union Budget. USDINR is likely to break […]
Indian benchmark indices are likely to open on a negative note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red at 17,968 level. In the previous session, Sensex closed above 61,300 and the Nifty settled above 18,000. “Markets ended higher for the third straight day but ended off the day’s high […]
SGX Nifty hinted that the domestic equity indices could see a start in the red, snapping the gaining streak of the domestic indices. On the Singapore Exchange, Nifty futures were trading lower by 69 points, at the 17,093 level. On Friday, markets extended their winning streak for a second day as Nifty reclaimed the 17,100 […]
Kotak Mahindra Bank share price jumped 5.6% on Tuesday after a Nuvama Institutional Equities study of the bank’s latest shareholding pattern showed an increase in foreign headroom, possible weight up in MSCI indices, potentially leading to purchase of shares worth $690 million. The Nuvama report added that Kotak Mahindra Bank’s stock has been “languishing for […]
A surprise cut in oil production from OPEC+ is now setting the stage for other producers to vie for markets in Asia. Since the Organization of Petroleum Exporting Countries started managing supplies more actively in 2017, member states have privileged flows to Asia at the expense of countries like the US. Last year, 70% of […]
While small businesses continue to expect more reforms related to Goods and Services Tax (GST) in the coming year, a number of developments related to GST took place in 2023 that mattered for MSMEs. Here’s a quick recap of the year that was for small businesses that have been resilient and persistent to survive amid […]
Global stocks were pressured on Friday and safe-haven buying supported government bonds as concerns about the stability of the banking system lingered. The MSCI World share index traded 0.6% lower. Europe’s STOXX 600 index was down 1.6%. A STOXX sub-index of bank shares, which has swung wildly this week as traders debated if a forced […]
Rakesh Jhunjhunwala, who passed away last year, was one of the most successful investors in the country. Jhunjhunwala, known as the Big Bull, was an optimist who believed that ‘the best (of the market) is yet to come’. The billionaire investor, also called ‘Warren Buffett of India’, set an exemplary example of how to create […]
By Suyash Singh, In the swiftly evolving landscape of modern defence, the strategic alliance between technology and intelligence takes centre stage. Crucial to defence operations is the seamless and accurate monitoring of objects and alterations in strategic locations. Various fusion techniques have surfaced, leveraging diverse sensor technologies to enhance precision. For example, Synthetic Aperture Radar […]