Indian equity indices ended Wednesday’s session in the red. The Sensex closed below 61,000 while the Nifty settled below 18,150. The top gainers of the BSE Sensex were Titan (up 2.74%), Mahindra & Mahindra (up 1.81%), Power Grid (up 1.39%), Maruti (up 1.27%) and IndusInd Bank (up 0.72%) while Bharti Airtel (down 1.44%), Axis Bank […]
Russia’s going to war against Ukraine will have a cascading effect on India. Higher oil prices will impact corporate profits, interest rates and market returns. In a free-wheeling chat with Malini Bhupta from Dubai, Shankar Sharma, Founder, GQuant Investech, a global asset management fintech company, says rising inflation is a big question mark for Indian […]
Indian government bond yields were trading largely unchanged in the early session on Tuesday as local retail inflation stayed above the central bank’s target, cementing bets of another hike in policy rates next month. Profit booking and higher state debt supply also offset the impact of a further fall in U.S. yields. The 10-year benchmark […]
Wall Street‘s main indexes rallied on Tuesday, led by rate-sensitive growth stocks, after a smaller-than-expected rise in U.S. consumer prices raised hopes that the Federal Reserve could soften its aggressive stance on interest rate hikes. The benchmark S&P 500 touched a three-month high in morning trade after data showed U.S. consumer prices barely rose in […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol, diesel prices remained unchanged on Thursday, 19 January 2023, keeping fuel rates steady for more than seven months now. In Delhi, petrol price is retailing at Rs 96.72 per litre, while diesel in the National Capital is priced at Rs 89.62 per litre. […]
Adani Energy Solutions (AESL), the power transmission and distribution company of Adani group, has won the bid for Halvad Transmission line project from PFC Consulting (PFCCL). Halvad Transmission line project, a special purpose vehicle (SPV), was set up by PFCCL for evacuating 7 gigawatt (GW) of renewable energy (RE) from the Khavda Renewable Park in […]
MRF had its tryst with a new milestone on Monday, when the futures price drove to an all-time high of Rs 100,184 in intra-day trade, before settling at Rs 98,320.80 on the NSE. With a price of Rs 97,432.55 (down 0.31%) as of Tuesday’s close, MRF remains the most expensive stock in India, with a […]
The Securities and Exchange Board of India (Sebi) has reached out to asset management companies (AMCs) for data on unlisted equities, two people familiar with the matter said. The regulator wants to know the quantum of unlisted securities in the portfolios of AMCs, how they are being valued, what is the process being followed for […]
The Embassy Office Parks REIT (Embassy REIT) delivered a resilient Q3FY23 performance with same-store office portfolio occupancy levels remaining flattish q-o-q at 88% and net operating income (NOI) remaining flat q-o-q at Rs 700 crore. The REIT manager had given guidance for 5.0msf of leasing in FY23 vs. 2.2msf in FY22 and has achieved 9MFY23 […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was trading flat on Friday, while the silver rate is down 0.4%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,093 per 10 grams, down Rs 14 or 0.03%. Silver March futures were trading down by Rs 268 at Rs 67,550 […]