U.S. stock futures were subdued on Thursday after Wall Street‘s main indexes staged a rally in the previous session, with investors awaiting jobs data to assess the strength of the labor market. The Labor Department’s report at 8:30 a.m. ET is expected to show the number of Americans filing for state unemployment benefits increased last […]
By Rajesh Palviya NSE Nifty 50 index closed at 16352 with a gain of 86 points on Friday on a weekly basis. On the weekly chart the index has formed a Bullish candle with a long lower shadow indicating buying at lower levels. The chart pattern suggests that if Nifty 50 crosses and sustains above […]
Benchmark indices BSE Sensex and NSE Nifty traded lower on Friday as the HDFC twins dragged the indices. Nifty 50 tumbled under the 18,150 mark to 110 while Sensex slipped by 430 points at 61,321. The broader markets were largely red as Nifty Smallcap 50 dropped 0.66% while Nifty Midcap 50 was lower by 0.46%. […]
The rupee appreciated 21 paise to close at 81.74 (provisional) against the US dollar on Wednesday, tracking the weakness of the American currency in the overseas market.Forex traders said a positive trend in domestic equities also supported the local unit.At the interbank foreign exchange market, the local unit opened at 82 against the US currency […]
Domestic indices Nifty and Sensex are down in trade today. After closing under the psychological 18,000 mark on Thursday’s session, Nifty 50 continues to decline, breaching the 17,900 level. The index lost 0.6% or 110 points to trade at 17,887 and Sensex shed 370 points to trade under the 60,000 level at 59,980. Bajaj Finance, […]
By Nagaraj Shetti After showing sharp upside bounce from the lows on Tuesday, the strong upside momentum continued in the market on Wednesday and the Nifty closed the day with hefty gains of 293 points. Another long bull candle was formed on the daily chart with gap up opening. The upmove of the last two […]
Indian benchmark indices have outperformed global equity markets, and a large contributor to Nifty and Sensex’s gains has been Gautam Adani-led Adani Group. The multinational conglomerate’s primary arm Adani Enterprises gained 116% this year, more than doubling its investors’ wealth. On the other hand, the benchmark index Nifty 50 has only risen by 2.3% year-to-date. […]
ICICI Bank (ICICIBC) has reported strong quarterly earnings that were in line with expectations. Despite making contingent provisions of Rs 16 bn, the core credit cost remains insignificant, which is a positive development for FY23. The bank’s core pre-provision operating profit (PPoP) grew by an impressive 36% y-o-y, and its net interest margins (NIMs) expanded […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Tuesday as a result of mixed global cues, while the silver rate is down 0.64%. On Multi Commodity Exchange, gold February futures were trading at Rs 55,862 per 10 grams, down Rs 2. Silver March futures were trading lower by […]
As the blanket of fog engulfs the national capital,approximately 110 flights both domestic and international have been delayed as per the Delhi Airport FIDS (Flight Information Display System).Flightoperations atIndira Gandhi International Airporthave been hit amid badweather conditions and low visibility. More information on the delays is awaited.On Tuesday, DelhiAirport officials reported that approximately 30 flights, […]
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