Shares were mostly higher Monday in Europe and Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks. Germany’s DAX gained 0.4% to 15,644.08 and the CAC 40 in Paris was up 0.7% at 7,397.31. London’s FTSE 100 edged 0.1% lower to 7,941.38. The future for the […]
ByShivangi Sarda The Nifty index opened flattish on Wednesday and remained under pressure for the first half of the session followed by a steep fall in the latter part. It touched an intra-day low near 16442 marks and witnessed a decent bounce-back of around 100 points in the last hour. It closed negative with losses […]
TCS shares price fell 1.21% to Rs 3202.80 on Thursday after the IT giant’s net profit in the fourth quarter missed market estimates. Tata Consultancy Services’ fiscal fourth-quarter net profit came in at Rs 11,392 crore, up 5% from the previous quarter. Revenue was recorded at Rs 59,162 crore in the fiscal fourth quarter, rising […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was positive on Wednesday as traders await rate hike decision from the US Fed, while silver rate was up 0.36%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,848 per 10 grams, up Rs 105 or 0.19%. Silver March futures were […]
By Dharmesh Shah The equity benchmarks snapped three weeks winning streak and settled the previous week on a negative note tracking weak global cues as sentiments dented by rise in U.S. inflation at 40 years high. The NSE Nifty 50 ended the eventful week at 16050, down 1%. Broader markets relatively outperformed the benchmark as […]
Generative AI platforms like Open AI, Google Bard and others have been advised by the government not to release to the public any experimental variants, just by putting a disclaimer. Tech firms not heeding the advise would not be eligible for legal protection under safe harbour clause in case of any user harm, sources said. […]
Global wealth and asset management company Lighthouse Canton in its report on Wednesday said that digital public infrastructure (DPI) to develop digital products and services in a country has the potential to close nearly half of the credit gap faced by MSMEs in low and middle-income nations. The report, showcasing the outcomes and prospects following […]
Equity benchmark indices Sensex and Nifty ended in the green on Thursday, climbing for the fourth straight day, amid fresh foreign fund inflows and intense buying in IT and telecom stocks.Buying in index majors Infosys and Reliance Industries added to the optimism in the equity market.The 30-share BSE Sensex climbed 348.80 points or 0.58 per […]
Foreign institutional inventors (FII) bought shares worth a net Rs 619.92 crore while domestic institutional investors (DII) purchased shares worth a net Rs 36.75 crore on Tuesday, December 13, 2022, according to the data available on NSE. For the month till December 13, FII sold shares worth a net Rs 5,176.03 crore while DII bought […]
Materials science company Dow is cutting about 2,000 jobs, or approximately 5 per cent of its global workforce, as part of an effort to reach USD 1 billion in cost savings this year.The Midland, Michigan-based company currently employs approximately 37,800 people.Dow Inc. will take a charge of USD 550 million to USD 725 million in […]
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