HDFC, HDFC Bank Share Price: HDFC and HDFC Bank fell up to 5% and 6% respectively, dragging domestic indices BSE Sensex and NSE Nifty. HDFC share prices hit a low of Rs 2,718, while HDFC Bank declined to touch an intraday low of Rs 1,626.2 per share. The HDFC twins tanked on suggestions made by […]
NSE’s banking indices Bank Nifty and Nifty PSU Bank tanked in trade on Friday, following Wall Street cues. Bank Nifty sank up to 1.8%, touching a day’s low of 40,390 while Nifty PSU Bank tumbled more than 2%. As the banking sector indices slipped, market experts recommended strategies and shares to buy to make the […]
Stock Market Today, Nifty, Bank Nifty: Nifty, Sensex may remain in the green territory on Monday amid positive global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 35 pts or 0.20% higher at 17,452.50 in the early morning trade. Asian markets were trading in green with China’s Shanghai Composite index rising 0.46%, […]
Bitcoin network computing power or mining hash rate is expected to have reached an all-time high on Christmas. It is expected that it has created more pressure on miners amid a slump in profitability, stated Cointelegraph. With insights from Blockchain.com, on December 25, 2023, Bitcoin’s hash rate reached an all-time high of 544 exahashes per […]
Sun Pharmaceutical industries has signed a definitive agreement to acquire 100% of U.S.-based Concert Pharma at $8 per share, i.e., $576 million to access the company’s experimental drug for treating patchy baldness. As per the agreement, Concert shareholders will also get non-tradeable contingent value right worth $3.5 per share i.e $252million. The acquisition gives Sun […]
Foreign institutional investors (FII) sold shares worth a net Rs 1449.45 crore while domestic institutional investors (DII) offloaded shares worth a net Rs 194.09 crore on Thursday, January 5, 2023, according to the data available on NSE. For the month till January 5, FII sold shares worth a net Rs 4,910.98 crore while DII bought […]
By Dilip Parmar It’s the week before Christmas, after a volatile year, so expect a calm market with the odd spurt of overshooting short-term moves. Indian rupee surrendered November’s month gains to close at a record low level on a weekly chart and worst performing currency among the Asian currencies following a rebound in the dollar […]
Indian benchmark indices are likely to open on a negative note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red at 17,963 level. In the previous session, Sensex closed marginally above 61,000, down 0.52% and the Nifty gave up 17,950. “Lack of major triggers in the domestic market is attracting global […]
Markets regulator Sebi on Wednesday approved a slew of proposals, including ending the practice of individuals holding permanent directorship at boards of listed companies and putting in place a framework to prevent frauds by stock brokers. The proposals were cleared by the board of the Securities and Exchange Board of India (Sebi) during its meeting […]
India’s passive investing markets is growing at a healthy pace with total asset under management now at Rs 5.01 lakh crore making up 14% of industry, said Koel Ghosh, Head-South Asia S&P Dow Jones Indices and CEO, AIPL, A SPDJI and BSE Ltd JV. In an interview with Kshitij Bhargava of FinancialExpress.com, the S&P Dow […]
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