Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty and BSE Sensex may remain volatile on monthly F&O expiry. The Nifty futures on the Singapore Exchange (SGX) were trading 33 points or 0.19% lower at 17,796 in today’s early morning trade. Asian markets were trading mostly in red with South Korea’s KOSPI falling 0.31%, […]
By Dharmesh Shah Equity benchmark extended its winning streak over the fourth consecutive week as global macro improvement kept risk appetite intact, leading Nifty to close at a 4-month high at 17698, up 1.7%. While the broader market performed in tandem with the benchmark. Sectorally, financial, metal remained at forefront while FMCG, pharma took a […]
Mukesh Ambani-led Reliance Industries and Walt Disney have signed a non-binding pact that will pave way for merger of their Indian media businesses, latest media reports say. A Reuters report quoting ET said that mega merger is believed to be completed by February 2024. The report also said that the merger would give more control […]
Oil prices made modest gains in early trade on Friday but were heading for a second straight week of losses, as the market looked for more signs of a strong recovery in fuel demand in China to offset looming slumps in other major economies. Brent crude futures rose 16 cents, or 0.2%, to $82.33 a […]
Indian equity indices were trading marginally higher in the early morning trade on Tuesday amid mixed global cues. The Nifty 50 rose 21.50 pts or 0.12% to 17,866.10 and BSE Sensex climbed 123.85 pts or 0.20% to 60,815.39. The top gainers on Nifty were Adani Ports (up 1.69%), Cipla (up 1.46%), Hindustan Unilever Ltd (up […]
Bitcoin held a retreat as traders assessed how crypto markets might react if regulators meet expectations by approving the first US exchange-traded funds investing directly in the token. The largest digital asset shed 2.4% over the past 24 hours and traded at $42,400 as of 10:31 a.m. Wednesday in Singapore. Bitcoin is up 156% this […]
Oil prices fell on Thursday after industry data showed a large unexpected increase in U.S. crude stocks for a second week, heightening concerns of a drop in fuel demand. U.S. West Texas Intermediate (WTI) crude futures declined by 86 cents, or 1.1%, to $78.62 a barrel at 0109 GMT, while Brent crude futures fell 73 […]
By Shrikant Chouhan The benchmark indices recovered sharply from the day’s lowest levels in the previous trading session. The Nifty 50 index ended 120 points higher while the BSE Sensex gained 350 points. Among sectors, metal stocks outperformed as a result metal index rallied over 4 per cent whereas Bank Nifty and Auto indices remained […]
The rupee consolidated in a narrow range and settled 6 paise lower at 81.88 (provisional) against the American currency on Tuesday as investors preferred to stay on the sidelines ahead of the US Fed meeting outcome. At the interbank foreign exchange, the local unit opened on a positive note at 81.75 but pared early gains […]
By Royce Vargheese Joseph Oil tumbled on recession-driven demand concerns WTI Crude oil futures declined during all the trading days in the previous week and closed down more than 11% wow, below $72 per bbl. Optimistic reports from China were mired by deteriorating global growth, disappointing inventory data from the US, and a demand downgrade […]
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