By Manish Gupta No one stops India from buying Russian oil at above the $60 per barrel cap, imposed by G7 nations, as Indian firms do not use western services for such transactions, a senior official said on Monday, scotching rumours that the West’s conditions are hampering Delhi’s efforts to step up oil purchases from […]
Indian benchmark indices closed the session in deep red, extending losses for the fourth straight day. BSE Sensex fell over 980 points to end at 59,845.29, while NSE Nifty 50 plunged 300 pts to end just above 17800. Adani Ports, Adani Enterprises, Hindalco Industries, Tata Steel and Tata Motors were among the biggest Nifty losers. […]
Bank Nifty outlook: Banking indices surged on Thursday with Bank Nifty rising 0.52% to 41,214.05, Nifty Financial Services climbing 0.42% to 18,449.10, Nifty PSU Bank skyrocketing 1.30% to 3,774.05 and Nifty Private Bank advancing 0.24% to 20,879.35 after the Reserve Bank of India surprised markets by pausing a rate hike earlier than expected. The NSE […]
By Gopichand Katragadda Generative AI (GenAI), in my opinion, having demonstrated less than 5% of its full potential, is on the brink of unleashing a wave of innovation. The automotive, energy, healthcare, agriculture, and security sectors are particularly primed to benefit from these advancements. I anticipate a significant growth in GenAI applications through 2025, followed […]
Indian equity indices opened in green on Wednesday after settling in red on Tuesday. The 30-share benchmark BSE Sensex was trading 241.7 points or 0.39% higher at 61,943.99. The NSE Nifty 50 was up 56.35 points or 0.31% at 18,441.65. HCL Tech, Tech Mahindra, Asian Paint, Wipro and Sun Pharma were the top gainers of […]
By Rahul Shah Bulls attempted a comeback in the Indian bourses last week as Sensex and Nifty managed to end in positive territory despite most of the global markets closing on a negative note. Soft oil price, favourable government policy, improved GST collection (Rs 1.44 lakh crore, up 56.5% YoY) and impressive June auto monthly […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty 50 and BSE Sensex may trade marginally higher on Tuesday amid mixed global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 19 points or 0.11% higher at 17,778.5 in the early morning trade. Asian markets were trading mostly in red with China’s […]
Domestic indices are expected to remain volatile on monthly F&O expiry, following global market trends. The Nifty futures on the Singaporean exchange were trading 58 pts or 0.33% higher at 17,615.50 in the early morning trade. Asian markets were trading mixed. The US stock market also ended the overnight session on a mixed note. On […]
The Reserve Bank of India’s (RBI) MPC is expected to raise repo rate by 25 basis points before taking a pause, in the bi-monthly monetary policy to be announced on April 6. “With core inflation still above 6 per cent and the threat of rising food inflation, RBI may hike the repo rate one more […]
By Gautam Baid Berkshire Hathaway’s annual “Woodstock for Capitalists” was held on 30 April. After two years of virtual annual meetings, the energy and enthusiasm among attendees was high for this year’s meeting. This was the first in-person meeting that I attended since 2019. Tens of thousands of shareholders came to hear what the iconic […]
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