Foreign institutional inventors (FII) bought shares worth a net Rs 928.63 crore while domestic institutional investors (DII) purchased shares worth a net Rs 2206.59 crore on Thursday, December 22, 2022, according to the data available on NSE. For the month till December 22, FII sold shares worth a net Rs 7,762.69 crore while DII bought […]
Titan share price rose 0.83% to Rs 2,676.1 today after the company recommended a dividend of Rs 10 per equity share and reported a 50% jump in its standalone net profit to Rs 734 crore for the quarter ended March 2023 against a net profit of Rs 491 crore in the year-ago period. The revenue […]
By Siddhant Mishra The benchmark indices slipped back into red territory after a policy change by the Bank of Japan stumped investors and a Covid surge in China added to concerns. The Sensex dropped 103.90 points to end at 61,702.29, while the Nifty50 edged down 35.15 points, or 0.19%, to close at 18,385.30. The Sensex […]
En route to New Delhi this month, US officials proclaimed themselves satisfied that India is buying Russian oil below G-7 price caps designed to undercut Moscow’s war in Ukraine without disrupting global energy flows. Market experts — and even some of those involved in the energy trade — say it’s not so clear. India’s consumption of […]
Associates of imprisoned Russian opposition leader Alexei Navalny said on Monday that he has been located at a prison colony above the Arctic Circle nearly three weeks after contact with him was lost. Navalny, the most prominent foe of Russian President Vladimir Putin, is serving a 19-year sentence on charges of extremism. He had been […]
Life Insurance Corporation of India’s (LIC) initial public offering, which has been subscribed two times so far, will close for subscription today. The issue continues to receive strong interest from employees, policyholders and retail investors. Sandip Sabharwal, investment advisor, expects a premium listing of LIC. In an interview with Surbhi Jain of Financial Express Online, […]
By Bhavik Patel 2022 was roller coaster year for crude oil. At the start of the year Russia invaded Ukraine which saw price rush till $130 before retracing back to $80 and in the second half of the year remained between $70-$90. Now crude is at the same price which it was at the start […]
By Rahul Shah Equity benchmark indices posted their biggest weekly advance in a month as a retreat in oil prices eases cost pressure on companies, though the central bank remains concerned that inflation is above its targeted band. The sentiment was boosted on account of the smart rally witnessed in global markets. Asian and European markets […]
The government on Friday cut the windfall tax on domestically produced crude oil sharply from Rs 4,900 to Rs 1,700 per tonne, the lowest level since the tax was imposed on July 1, thanks to continued decline in global crude prices. In the latest fortnightly review of the one-off taxes, the government has also cut […]
Asian shares followed U.S. stock futures higher on Monday on hopes authorities were working to ring fence stress in the global banking system, even as the cost of insuring against default neared dangerous levels. Helping nerves were reports First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank from the Federal Deposit […]