Domestic indices Nifty and Sensex gave up their intraday gains to close in the negative territory. Nifty lost 0.5% to close at 18,116, dropping 150 points from the intraday high. Sensex shed 0.48% and settled at 60,840, giving up 552 points from the day’s high. Bank Nifty closed 0.5% but retained the 43,000 level. The […]
U.S. President Joe Biden’s administration on Tuesday declined to veto a government tribunal’s decision to ban imports of Apple Watches based on a complaint from medical monitoring technology company Masimo. The U.S. International Trade Commission’s (ITC) order will go into effect on Dec. 26, barring imports and sales of Apple Watches that use patent-infringing technology […]
Private equity inflows plunged 75.4 per cent to USD 2.2 billion in the March quarter, making it the sixth consecutive quarter of decline, amid global macroeconomic and geopolitical headwinds, according to a report. At USD 2.2 billion of inflows, this is the lowest private equity investment in the country since 2018, when it stood at […]
The Securities and Exchange Board of India filed an application with the Supreme Court on Saturday, seeking a six-month extension to complete its probe into the allegations levelled by US-based short-seller Hindenburg against the Adani Group. Sebi said it had studied 56 cases of short selling reports filed against companies in the US, and the […]
By Rajesh Palviya Nifty started the week on a negative note but witnessed buying at lower levels to end the last week of CY2021 on a positive note. Nifty closed at 17354 with a gain of 350 points on a weekly basis. The weekly strength indicator RSI is below its reference line while the daily […]
NDTV founders Prannoy Roy and his wife Radhika Roy on Friday said they will sell 27.26 per cent out of their remaining 32.26 per cent shareholding in the news broadcaster to Adani Group. This follows Adani Group becoming the single largest shareholder in New Delhi Television Ltd (NDTV) after first buying out a company backed […]
The worst in terms of Foreign Institutional Investor (FII) selling and inflation outlook seems to be over now, said Sachin Shah, Fund Manager, Emkay Investment Managers in an interview with Kshitij Bhargava of FinancialExpress.com. Further, Sachin Shah believes that the earnings season barring the oil & gas sector was not too bad. He does foresee […]
Indian equities remained under pressure, with sell-offs dragging the indices down for the fourth straight session. The benchmark Sensex closed 337.66 points or 0.58% down at 57,900.19. It has seen a decline of 4.06% or 2,447.90 points in four sessions since March 9. Also read: Gold Price Today, 14 March: Gold flat after touching highs, […]
Benchmark indices BSE Sensex and NSE Nifty traded higher on Tuesday, extending their gains from Friday’s session. Nifty 50 was higher by 0.5%, reclaiming the 18,100 mark while Sensex gained 320 points at 61,439. The broader markets followed suit as Nifty Midcap 100 soared 0.82% and Nifty Smallcap 100 added 0.68%. There were no indices […]
By Dharmesh Shah Equity benchmarks snapped a two-week winning streak amid broader consolidation. The Nifty settled 1.9% down at 17758.80 while Midcap and small-cap indices corrected 2% and 1.3% respectively. Metals bore a sharp cut of 5% followed by Realty, Banking and Pharma each correcting 2-3% for the week. IT and Auto relatively outperformed. Nifty […]
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