The Indian Rupee opened lower at 82.63 per US dollar on Thursday amid weak global cues. The domestic currency is expected to depreciate today on the back of risk aversion in global markets and surge in crude oil prices. Market sentiments were hurt as the US Fed signalled that rates may move even higher than […]
By Dharmesh Shah Equity benchmarks extended correction over the second consecutive week amid elevated global volatility. The Nifty skidded 2.9% to end the truncated week at 17102. Sectorally, financials, auto and PSU outshone while IT, metal, realty underperformed. The index started the expiry week on a negative note and drifted southward in the initial part […]
Indian benchmark indices are likely to open on a positive note, hinted SGX Nifty as Nifty futures traded 53 pts higher at 18,164 level on the Singapore Exchange. “Markets traded under pressure on Wednesday and lost over a per cent amid mixed cues. This decline has engulfed the gains of the last four sessions in […]
Union Budget 2023 is just over a week away, and since this is the last full-year Budget before General Elections in 2024, it is expected to be a growth-oriented one with a primary focus on job creation, investment-driven growth, and infrastructure development. According to analysts at IIFL Securities, Finance Minister Sitharaman may announce more subsidies […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Monday despite negative global cues, while the silver rate is up 0.66%. On Multi Commodity Exchange, gold April futures were trading at Rs 55,940 per 10 grams, up Rs 219 or 0.39%. Silver May futures were trading lower by Rs […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of only one stock/security on Tuesday, December 27, 2022. Punjab National Bank (PNB) is the only stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Tuesday. According to the NSE, the above-mentioned stock is prohibited in […]
To all those who have missed to file ITRs, the Income Tax Department of India has notified the final date to file belated and revised income tax returns (ITRs) for Fiscal Year (FY) 2022-23, Assessment Year (AY) 2023-24 under section Section 139(4) for belated returns and revised return can be filed under Section 139(5) of […]
Hotel and hospitality chain Oyo has undergone a management rejig as it prepares to re-file its draft red herring prospectus (DRHP) with the capital markets regulator for its IPO, people aware of the developments told FE. Most of those who have been with the company for over six years, like Abhinav Sinha, who is currently […]
Indian benchmark indices are likely to open on a lower note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red, down 30 points, at the 17,489 level. However, in the last session, Nifty and Sensex broke out of their rout, snapping an eight-day losing streak. Broad market indices rose more than […]
Himachal Pradesh witnessed massive traffic congestion as several tourists thronged the hill stations in the state for Christmas and New Year celebrations. Amid the rush, a tourist found an offbeat way to skip the traffic woes – ditching roads for a drive across a river. #WATCH | Himachal Pradesh: Challan issued after a video of […]
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