India recorded 529 fresh COVID-19 cases in a single day, while the country’s active infection count stood at 4,093, the health ministry said on Wednesday.Three new fatalities — two from Karnataka and one from Gujarat — were reported in a span of 24 hours, according to the ministry’s data updated at 8 am. The number […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Monday as a result of mixed global cues, while the silver rate is down 0.08%. On Multi Commodity Exchange, gold April futures were trading at Rs 56,213 per 10 grams, down Rs 44 or 0.08%. Silver March futures were trading […]
State Bank of India (SBI) chairman Dinesh Khara expects lending rates to fall from the middle of next calendar year, driven by decline in inflation. “I expect that somewhere in the middle of next calendar year we should get to see reduction in interest rates. “We are in the right trajectory because inflation is much […]
By Rahul Shah Truly Amrit Mahotsav in Dalal street, as the nation celebrated 75 year of independence so did the markets. Equity benchmark Index closed nearly 5-month high last week and rallied for the 4th straight week led by banking, metal and energy stocks. Sensex advanced 1075 points or 3% to close at 59,463. Its […]
Indian benchmark indices are likely to open lower on Friday, hinted SGX Nifty amid weak global cues. Nifty futures were trading 0.6% down at 18,065 level on the Singapore Exchange. In the previous session, BSE Sensex declined 241 points to 60,826, while NSE Nifty 50 fell 72 points to 18,127. “As we step into CY23, […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Fuel prices continued to stagnate on Saturday, 11 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 […]
Benchmark indices BSE Sensex and NSE Nifty traded flat on Thursday, contining their range-bound movement. Nifty traded at 17,830, up 0.09% while Sensex gained 85 points to 60,385. The broader markets traded largely in the positive territory, with Nifty Smallcap 50 higher by 0.82% and Nifty Midcap 50 higher by 0.34%. The sectoral indices traded […]
Four Adani Group stocks hit a lower circuit in the early morning trade on Monday after a ratings outlook cut by Moody’s dampened investors’ sentiment. Adani Green Energy shares were locked in the lower circuit, falling 5% to Rs 687.75 after Moody’s downgraded the company’s outlook to ‘negative’ from ‘stable’. Adani Power shares tanked 5%, […]
Mankind Pharma IPO opened for subscription on 25 April and the issue has been booked 0.14 times on day 1, with total bids of 40,57,417 shares. Qualified institutional buyers (QIBs) subscribed for 8% of their reserved portion. Retail investors bid 0.1 times for the shares reserved for RIIs. The NII portion garnered 33% bids so […]
State-owned lender Punjab National Bank on Friday raised Rs 974 crore via additional tier-1 bonds at 8.75% coupon rate, which is 35 basis points (bps) higher than its previous bond sale in December, according to sources aware of the matter. This was the first big issue of AT-1 bonds by a large bank in India […]