By Shrikant Chouhan The benchmark indices registered a volatile trading session, after a roller coaster momentum the Nifty 50 ended 62 points lower while BSE Sensex fell 105 points. Among sectors, the metal index lost the most, shedding over 5 per cent. Whereas some buying was seen in selective banking and FMCG stocks. Technically, after […]
The euro held at a nine-month high against the dollar, though European stocks eased after regional business activity data reinforced expectations that the European Central Bank (ECB) will raise rates by a further 50 basis points. Euro zone business activity made a surprise return to growth in January, according to a survey – the latest […]
JSW Renew Energy Limited, a wholly owned step-down subsidiary of JSW Energy Limited, on Tuesday announced that it has started phase-wise commissioning of the 810 MW ISTS-connected Wind Power Project awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The Project has a power purchase agreement with […]
By Dharmesh Shah Equity benchmarks snapped past two weeks’ winning spree and concluded the previous week on a subdued note. The Nifty dropped 1.2% to settle for the week at 18115. The broader markets underperformed the benchmark as Nifty midcap and small-cap gained slumped ~5%, each. Sectorally, financials remained outlier while consumption, metal, realty underwent […]
By Bhavik Patel Gold price is once again at the door around $1900 trading at a seven month high. Yesterday, after inflation data, it managed to put its foot above the psychological level but once again failed to see any follow-up move. Whether or not the metal can maintain gains depends on the rate hike […]
Oil prices soared nearly 6 per cent on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed. US benchmark crude oil rose USD 4.24 to USD 79.91 per barrel, or 5.6 […]
Gold price rose Rs 192 to Rs 55,261 per 10 grams in the national capital on Wednesday amid gains in precious metal prices internationally, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 55,069 per 10 grams. “Gold price is a little up in the Asian trading hours. Spot […]
By Subash Gangadharan After consolidating for the last few sessions, the Nifty has broken out to new life highs on Wednesday. Zooming into the 60 min chart, we can see that the index is holding above a rising 20 and 50 period MA indicating that the uptrend looks set to continue. The below picks are […]
U.S. stock index futures inched higher on Friday as investors awaited fresh inflation data to assess the Federal Reserve’s path of future interest rate hikes, with the central bank’s policy tightening weighing heavily on equities this year. The core personal consumption expenditure price index, the Fed’s preferred inflation gauge, is expected to have increased 0.2% […]
If you live in Delhi and have faced last-mile connectivity issues, then you are not alone. And if you have wondered if you are the only one who thinks a metro station should be at a walkable distance from you, then your thinking is in line with Vikas Kumar, DMRC MD. In an interview with […]