By Shivangi Sarda Nifty index opened positive on Wednesday and remained range-bound within a trading range of 100 points for the most part of the day. During the day it witnessed buying interest from 17050 to 17186 marks but the absence of follow up was not allowing it to hold at higher zones. It formed […]
Asian shares eased on Friday, tracking a dive on Wall Street, while the dollar firmed as strong U.S. data revived fears the Federal Reserve will have to retain its hawkish stance to tame inflation. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.69%, snapping a two-day winning streak. Wall Street’s major averages closed lower […]
The Centre may tweak sovereign green bond issuances if the ‘greenium’ to be offered on such bonds in FY24 is not attractive, a senior government source said. For the first time, the Centre mobilised Rs 16,000 crore through two tranches of green bonds in January-February. The government was not exactly happy with the outcome as […]
The Securities and Exchange Board of India (Sebi) has barred Karvy Stock Broking (KSBL) and its chairman C Parthasarathy from accessing the securities market for seven years in a final order issued on Friday. Parthasarathy has been additionally restrained from holding the post of director or any key managerial position or associating himself in any […]
Among various central and state buyers against which micro and small enterprises (MSEs) have filed complaints for delay in clearing their payments against goods and services sold, central public sector enterprises (CPSEs) have been among the biggest defaulters. As of December 26, 6,167 complaints were filed by MSEs against various CPSEs since October 2017 when […]
Nestle Q1 2023 Result: Nestle India’s March quarter net profit jumped 24% on-year to Rs 736.6 crore, beating analyst estimates, as revenue grew beyond expectations too. A CNBC TV18 poll had predicted Nestle India to report a net profit of Rs 675 crore for January-March quarter. The FMCG firm reported the revenue for the quarter […]
Global stock markets sagged while the Japanese yen rose on Thursday in reaction to the Fed’s policy statement and signs of stress at another U.S. regional bank, spurring investors to price in a pivot rather than just a pause in rate rises. Another U.S. regional bank, PacWest Bancorp, reported troubles overnight, reminding investors of the […]
Indian benchmark indices are likely to open in the red, hinted SGX Nifty on Friday. On the Singapore Exchange, Nifty futures were trading 0.5% lower at 17841 level. In the previous session, S&P BSE Sensex rose 142 pts to 60,806, while NSE Nifty 50 climbed 22 pts to 17,893. “Nifty’s technical landscape looked bullish and […]
By Rahul Shah Equity benchmark Indexposted their first weekly advance last week, since early February after a run of four weekly losses, buoyed by dip-buying in sectors such as software and healthcare. Sensex surged by 1216 (up 2.2%) to close at 55550 and Nifty advance 385 points (2.4%) to close at 16630.Russia-Ukraine crisis, higher energy […]
Union Budget 2023 is just around the corner and Dalal Street is buzzing with speculations about what Finance Minister Nirmala Sitharaman would present in her fifth Budget. Experts believe that since this would be the last full-fledged budget of the incumbent central government, it is likely to focus on capital expenditure (capex) as a growth […]
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