Systemic risk identification and monitoring among non-banking financial companies (NBFC) is a challenge considering the significant heterogeneity within the segment, the RBI said in its latest Financial Stability Report. NBFC-investment and credit companies (NBFC-ICCs), and NBFC infrastructure finance companies (NBFC-IFCs) account for 95% of the NBFC segment’s advances.RBI notes that the balance sheets of these […]
By Bhavik Patel Crude prices witnessed sharp fall this week and all the gains it amassed around 1st April when OPEC+ has unexpectedly decided to cut production has been wiped out. In fact prices are trading lower than that level and now we believe there will be some pullback. There is disconnect between crude prices […]
By Rahul Shah Equity benchmark index completed its third weekly gain in four weeks and started the new financial year with a bang, with the frontline indices Sensex and Nifty climbing 3 per cent to their highest levels in the past two months. Important thing to note was after a long time on Friday Advance […]
Indian equity indices ended Thursday’s session in the green territory. The Sensex closed above 61,100 while the Nifty settled just below 18,200. The top gainers of the BSE Sensex were Bharti Airtel (up 2.39%), State Bank of India (up 2.10%), Axis Bank (up 1.63%), Tata Steel (up 1.50%) and ICICI Bank (up 1.16%) while Tata […]
Domestic indices concluded Wednesday’s volatile session in the green territory. The BSE Sensex closed above 60,340 and the NSE Nifty 50 settled above 17750. Bank Nifty concluded above 41550. The top gainers of the Nifty 50 were IndusInd Bank (up 4.81%), Adani Ports (up 3.06%), Adani Enterprises (up 2.83%), Bajaj Auto (up 2.20%) and Larsen […]
By Shrikant Chouhan The NSE Nifty 50 ended 113 points higher while the Sensex was up by 395 points. On Tuesday due to stable global cues and modest correction on crude oil price our market opened with a gap up but after a strong opening the entire day. It hovered between 17235/57650 to 17340/58000 Among […]
Indian government bond yields are expected to rise in the first trading session of the new financial year, tracking a spike in oil prices, while the government’s borrowing plans for April-September weigh on sentiment. The 10-year benchmark 7.26% 2032 bond yield is expected to be in a 7.33%-7.38% range on Monday, after closing at 7.3180% […]
Foreign institutional investors (FII) sold shares worth a net Rs 6,792.8 crore while domestic institutional investors (DII) bought shares worth a net Rs 5,512.63 crore on Monday, January 30, 2023, according to the data available on NSE. For the month till January 30, FII sold shares worth a net Rs 36,025.09 crore while DII bought […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading in the positive on Thursday, while the silver rate is up 0.77%. On Multi Commodity Exchange, gold June futures were trading at Rs 60,102 per 10 grams, up Rs 209 or 0.35%. Silver May futures were trading higher by Rs 580 at […]
The upcoming spectrum auction, which the government is expected to conduct over the next three months, may see a subdued response from telcos as demand is likely to be restricted to airwaves which will be up for renewal in some circles, sources said. Against the Rs 1.5 trillion-worth 5G spectrum sold in the last spectrum […]