By Rajesh Palviya In the Nifty current series, there has been a Long Unwinding witnessed with a decrease in price of (-3.50%) and decrease in OI by (-7.84%) as of Wednesday wherein there was shedding of 8.22 lakh shares in OI, decreasing from 104.84 lakh to 96.62 lakh shares. Nifty current series rollover stands at […]
The Income Tax department on Tuesday said it has sent communication in the form of advisory to certain taxpayers where there is an apparent mismatch between disclosures in the ITR and information as received from the reporting entity. Amid social media posts regarding communication from the I-T department regarding mismatch in TDS/TCS deductions and ITR […]
By Ruchit Jain Nifty started the June series with some short positions rolled over from the May series; however, the quantum of shorts was low as compared to those seen at the start of the May series. During this week, Nifty witnessed long formation on Monday and then we saw some consolidation ahead of the […]
IT giant Cognizant has appointed Ravi Kumar S as its CEO. The company’s outgoing CEO, Brian Humphries, will continue as an adviser until March 15, 2023 to facilitate a smooth transition. The company is facing two key challenges, and to some extent they are related to each other. First, weaker than-industry revenue growth due to […]
By Rohan Patil Last week was a super bullish week for the Indian bourses where the Nifty 50 index rallied more than 500 points gaining close to 5 % to close above 16650 levels. After 14 weeks the benchmark index has closed above its 21 & 50–week exponential moving average on the weekly chart and […]
As dense fog blankets Delhi affecting visibility in several areas, several trains were reported to be running late. According to the news agency ANI, several trains to and from Delhi have been delayed today (December 27) due to fog and low visibility in the national capital. #WATCH | Delhi: Some trains delayed due to fog […]
Industry players have urged the government to introduce an amnesty scheme to resolve long-standing disputes under the Customs laws in the upcoming interim Budget. “We have received proposals for introducing an amnesty scheme…but the Budget is unlikely to address this issue (given that it is just an vote on account and not the full Budget,” […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to one stock/security on Wednesday, February 8, 2023. Ambuja Cements is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Wednesday. According to the NSE, the stocks mentioned above are prohibited in the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Monday, 6 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at […]
By Sameet Chavan The Indian equity market has snapped its winning streak of three consecutive days and witnessed decent profit booking at higher levels. The mixed global cues played a vital role in the session’s correction that got aggravated in the latter half, where the Nifty 50 index tested intraday low of 17511 level till […]
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