The Reserve Bank of India on Tuesday reportedly received a mail threatening serial blasts. According to news agency ANI, the sender of the mail has demanded that Union Finance Minister Nirmala Sitharaman and RBI Governor should step down. Failing to this, the mail says that the financial capital of India will witness 11 blasts and […]
By Ruchit Jain The April series started on an optimistic note wherein NSE Nifty 50 index rallied and reclaimed the 18000 mark at the start of the series. However, we then witnessed unwinding of positions in indices which led to a correction and the index corrected to breach below 17000 level. Although the Nifty 50 […]
Oil prices fell in early trade on Tuesday, paring strong gains from the previous two sessions as markets remain cautious ahead of U.S. inflation figures for April which will be key to the Federal Reserve‘s next interest rate decision. Brent crude price was down 31 cents, or 0.4%, at $76.70 and U.S. West Texas Intermediate […]
The board of RBL Bank will no longer have a Reserve Bank of India representative, as the the two-year term of the central-bank appointed additional director Yogesh Dayal has ended. In a communication to exchanges on Sunday, the city-based private sector lender said Dayal’s term as an additional director has ended on December 23. According […]
By Nagaraj Shetti After showing an intraday upside recovery from the lows on Monday, Nifty witnessed sharp weakness on Wednesday and closed the day steeply lower by 391 points. After opening with a positive note, the market slipped into weakness in the early to mid-part of the session. After the announcement of repo rate hike […]
Tata Motors share price jumped over 8% on Monday, touching an intraday high of Rs 473.30, after the group reported encouraging global wholesale figures for Q4 FY23. Jaguar Land Rover sales in the January-March quarter stood at 361,361 units, up by 8% from the same quarter a year ago. Analysts at Motilal Oswal have a […]
Axis Bank Ltd on Thursday reported a wider-than-expected one-time loss in the fourth quarter, weighed down by costs incurred due to its $1.41 billion Citi deal. Axis reported a loss of 57.28 billion rupees ($700.1 million) for the three months ended March 31, compared to a profit of 41.18 billion rupees a year earlier. Axis, […]
Asian shares staged a cautious bounce on Wednesday with hopes a global banking crisis would be averted vying with uncertainty over the outlook for U.S. interest rates as the Federal Reserve holds a high-stakes meeting on policy. Efforts by U.S. Treasury Secretary Janet Yellen to calm nerves seemed to be working with bank shares rallying […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to four stocks/securities on Tuesday, December 13, 2022. Bharat Heavy Electricals Limited (BHEL), Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Delta Corp and Punjab National Bank (PNB) are the stocks/securities placed on the National Stock Exchange’s futures and options […]
Foreign institutional investors (FII) sold shares worth a net Rs 319.23 crore while domestic institutional investors (DII) purchased shares worth a net Rs 1225.96 crore on Wednesday, January 18, 2023, according to the data available on NSE. For the month till January 18, FII sold shares worth a net Rs 18,277.84 crore while DII bought […]
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