As the US Federal Reserve hiked interest rates by 25 bps, SGX Nifty hinted that the domestic equity indices could see a start in the red on Thursday. On the Singapore Exchange, Nifty futures were trading lower, down by 49.5 points, at the 17,108.5 level. On Wednesday, the markets rose for the second consecutive session […]
Indian benchmark indices closed on a negative note on Friday. BSE Sensex dropped 316.94 points to settle at 61,002.5 while Nifty lost 0.5%, closing under the 18,000 level at 17,944. The broader markets also closed largely in the red, as Nifty Oil & Gas was the only sectoral gainer. Bank Nifty declined 1.2%, dragging the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 31 March 2023, keeping costs steady for about nine months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
Paytm’s Rs 850-crore share buyback may support the stock price in the near term, but the small size of the issue and its open market mechanism is not likely to make a significant difference to investors, said analysts. Paytm parent One97 Communications’ board has approved the share buyback at a maximum price of Rs 810 […]
As China begins lifting its zero-Covid policy, Indian shares rallied buoyed by the metals pack. With the hopes of a revival in demand in China, the Nifty Metal index rose 4.23% in trade on Tuesday, extending its rally for the second consecutive session. Increased domestic expenditure on infrastructure and optimistic Q3FY23 expectations are also fuelling […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to two stocks/securities on Monday, January 16, 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 Monday. According to […]
The government has extended the deadline for completion of the flagship highway development project Bharatmala Phase-I to 2027-28, a full six years from the original schedule. The move follows an over 100% increase in the estimate cost of the mega project to nearly Rs 11 trillion, and reflects the slowing of implementation, and financial constraints. […]
Winemaker and seller Sula Vineyard shares listed at a muted listing over IPO price on NSE and BSE amid a positive domestic market. Sula Vineyard stock made its market debut at Rs 358 on the BSE, as compared to the public issue price of Rs 357. The scrip shortly thereafter fell to Rs 348.5 per […]
The Indian rupee opened 10 paise higher at 81.23 per dollar on Monday against the previous close of 81.33 per dollar. The local unit is expected to appreciate further following the weakness in the dollar and a rally in global risky assets. “In the near term, US$INR is expected to trade on a weaker note […]
The tech-focused Nasdaq fell more than 1% on Monday as megacap growth stocks including Apple, Amazon and Alphabet declined ahead of their earnings reports this week, while investors also awaited key central bank meetings. The U.S. Federal Reserve is seen hiking the Fed funds rate by 25 basis points (bps) at the end of its […]
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