SGX Nifty traded in the red, indicating a lower start for the domestic Indian equity markets at 17,589, down 36 points. On Wednesday, markets extended their gaining streak, as Nifty rose 0.91% to 17,557, while Sensex added 582 points to settle at 59,689. “The domestic market is displaying resilience, unaffected by the weaker global peers, […]
By Shrikant Chouhan The benchmark indices BSE Sensex and Nifty 50 witnessed a robust rally. On Tuesday, despite tepid cues, the Nifty/Sensex held the 17640/59350 support level, and in the late afternoon, it finally cleared the intraday resistance of 17725/59630. After the intraday breakout, the Nifty/Sensex rallied over 100/400 points. Among sectors, buying was seen […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Wednesday amid mixed global cues, while the silver rate is up 0.14%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,930 per 10 grams, up Rs 32 or 0.06%. Silver March futures were trading up by Rs […]
A day after fast-moving consumer goods major Hindustan Unilever announced an 80-bps increase in its royalty and central services fee to parent Unilever, the stock price fell 3.84% on Friday to close at Rs 2,548.35 on the BSE. This led to a Rs 23,942.35-crore loss in market cap in a single trading session. Some brokerage […]
Indian benchmark indices are likely to open on a positive note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green at 17834 level. In the previous session, BSE Sensex fell 251 pts to 60,432, while NSE Nifty 50 declined 86 pts to 17,771. “Market to remain lacklustre as investors await key […]
SGX Nifty traded in the red, indicating a lower start for the domestic Indian equity markets at 17,514, down 61 points. On Monday, markets extended their gaining streak, as Nifty rose 0.22% to 17,398, while Sensex added 114 points to settle at 59,106. “Investors were of the view that the easing price pressure would provide […]
Despite hardening property prices and home loan interest rate hikes in early 2023, it has been a superlative year for Indian residential real estate. Latest ANAROCK Research data indicates that housing sales in the top 7 cities have created a new peak in 2023, breaching the previous high of 2022. Approx. 4,76,530 units were sold […]
Following uproar over comments by DMK MP Dayanidhi Maran’s alleged remark that people from the Hindi heartland were cleaning toilets and doing other menial jobs in Tamil Nadu, Bihar Deputy Chief Minister Tejashwi Yadav on Sunday condemned saying that the remarks were “reprehensible”. Yadav said like his RJD, the DMK headed by Tamil Nadu Chief […]
Dividend-yielding stocks are particularly favoured by investors who seek a steady source of income and a good hedge against volatility. Companies in the energy and infrastructure space rank high when it comes to dividend-yielding stocks, show data. Dividend yield is a financial ratio that shows how much a company pays out in dividend each year, […]
Reliance Retail revenues may cross Rs 70,000 crore in terms of topline in the quarter ended March (Q4FY23), a growth of nearly 22% versus the previous year, according to Nomura. The company will disclose its financial numbers on Friday along with its parent Reliance Industries (RIL). Retail along with telecom has been powering the growth […]
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