The rupee appreciated by 5 paise to close at 81.92 (provisional) against the US dollar on Monday, as a positive trend in domestic equities and fresh foreign fund inflows boosted investor sentiments. At the interbank foreign exchange market, the local unit opened at 81.85 against the American currency and finally settled at 81.92 (provisional) against […]
By Raj Deepak Singh Rupee appreciated last to last week amid weak dollar coupled with rise in risk appetite in the global markets. Market sentiments improved as concerns over the US banking sector ebbed. USDINR after facing strong resistance near 82.50 levels made a low of 82.03 last week. Further, currency firmed on anticipation that […]
The Poco X6 series India launch is imminent, suggests a new X (formerly Twitter) post by Poco India country head, Himanshu Tandon. The cryptic “happy Xmas” post is rife with signs pointing toward the potential launch of the Poco X5 Pro and Poco X5 successors launch in India, without directly naming the product(s) or giving […]
A blast occurred near the Israel embassy in the Chanakyapuri diplomatic enclave in New Delhi on Tuesday evening. No staff was injured in the incident and an “abusive” letter addressed to the Israeli ambassador was found near the site, officials said. After the police control room (PCR) received a call about a “loud sound” from […]
Investor appetite for bond index funds has been increasing over the past year, with assets under management (AUM) of such funds rising by over Rs 1 trillion just in one year. Data shows that the assets under management (AUM) of bond index funds stood at Rs 83,179 crore as of January 31, 2022, and the […]
Domestic indices opened on a flat note with a positive bias on Wednesday, January 18. The 30-share BSE benchmark rose 8.82 pts or 0.01% to 60,664.54 and the NSE Nifty 50 rose 12.70 points or 0.07% to 18,066.00. The top gainers of the Nifty were Tata Steel, Hindalco, Wipro, HCL Tech and SBI Life while […]
By Subash Gangadharan Over the last few weeks, the Nifty has been in correction mode. The downtrend was confirmed when the support of 17613 was broken. On the daily chart, we see that the Nifty remains in a downtrend despite the bounces seen recently. The index continues to make lower tops and lower bottoms for […]
By Saumil Gandhi Commodity prices edged lower with most commodities witnessing sharp correction for the week except the energy complex. Bullion prices lost ground and plummeted their fresh swing low as the market braced for more interest rate hikes by the U.S. Federal Reserve in the coming months. Crude oil prices after volatile trade throughout […]
Indian benchmark indices are likely to open on a muted note, hinted SGX Nifty on Friday. Ahead of the session, Nifty futures were trading marginally higher at 18,133 level on the Singapore Exchange. In the previous session, BSE Sensex fell 187 pts to 60,858, while NSE Nifty 50 fell 58 pts to 18,108. “Though the […]
Indian equity indices opened in red on Tuesday amid negative sentiment in global markets. The BSE Sensex fell 136.24 points or 0.22% to 61,031.55 and NSE Nifty 50 dropped 31.95 points or 0.18% to 18,165.50. The top gainers of the Sensex were Axis Bank, Bajaj Finance, Tata Motors, Tech Mahindra and State Bank of India […]
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