Benchmark indices BSE Sensex and NSE Nifty traded flat on Wednesday, after paring early morning gains. Nifty 50 was at 17,048.4, up by 5 points while Sensex was at 57,857, down 0.07%. The broader markets also were in green, with Nifty Smallcap 100 up by over 1%. HDFC Bank, Reliance Industries, Adani Enterprises, Kotak Bank, […]
Benchmark equity index Sensex and Nifty gave up early gains and ended lower on Monday as investor sentiment was hit due to unabated foreign fund outflows and losses in index heavyweights Reliance Industries and HDFC Bank. The 30-share BSE Sensex declined 168.21 points or 0.28 per cent to settle at 60,092.97 as 15 of its […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to five stocks/securities on Wednesday, January 18, 2023. Delta Corp, Indiabulls Housing Finance, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), L&T Finance Holdings and Manappuram Finance Ltd are the stocks/securities placed on the National Stock Exchange’s futures and options […]
Axis Asset Management Company (AMC) on Thursday announced that MD and CEO Chandresh Nigam will leave the firm after 10 years at the helm, after requesting not to be considered for reappointment. His term ends on April 30. According to a release, Nigam had joined Axis AMC on July 1, 2009 as head of equities, […]
Asia’s richest man, Gautam Adani, plans to sell shares to the public in at least five companies between 2026 and 2028, helping the port-to-power conglomerate improve debt ratios and broaden its investor base. “At least five units will be ready to go to the market in the next three to five years,” Jugeshinder Singh, Adani […]
Capital markets regulator Sebi on Thursday allowed stock exchanges to launch multiple contracts in the same commodity in a bid to encourage broader participation of investors in commodity derivatives market. This would come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in a circular. Also read: Biocon, Elin, KfinTech, […]
Oil prices rose around 1% on Friday, extending gains from the previous trading session after data showed lower fuel inventories following a winter storm that hit the United States at the year end. Brent crude futures last gained 79 cents, or 1%, to $79.48 a barrel at 0203 GMT, after settling up 85 cents at […]
By Rajesh Palviya On the weekly chart, NSE Nifty 50 index has formed a small Bullish candle carrying shadows on the either side representing volatility on the either side. The chart pattern suggests that if Nifty crosses and sustains above 17500 level it would witness buying which would lead the index towards 17700-17800 levels. However […]
India is poised to establish a National Maritime Domain Awareness Centre (NMDAC) in response to emerging threats in the Indian Ocean Region (IOR). “The primary objective of the NMDAC is to meticulously gather, analyze, and provide actionable intelligence to address maritime challenges such as terrorism, piracy, trafficking, and illegal fishing,” explained a source in the […]
By Rajesh Palviya In Nifty current series there has been a Short Covering witnessed with increase in price of 5.77% and decrease in OI by 54%as of Wednesday, wherein there was unwinding of 60.75 lakh shares in OI, decreasing from 112.89 lakh to 52.14 lakh shares ahead of the monthly expiry. Nifty current month rollover […]