Indian benchmark indices are likely to open on a higher note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green, up 68 points, at the 17,700 level. Markets posted a strong rebound on Friday and gained over one and a half percent, tracking supportive global cues. NSE Nifty 50 ended at […]
Asian shares extended losses on Thursday as troubles at U.S. lender First Republic Bank continued to unnerve investors amid concerns that growth in the world’s biggest economy could very well surprise to the downside. MSCI’s broadest index of Asia-Pacific shares outside Japan were 0.3% lower on Thursday, while Japan’s Nikkei lost 0.4%. China’s blue chips […]
By Dilip Parmar The Indian rupee marked the fifth weekly gain in a row, earlier this kind of move was seen in November 2021, following a corrective move in the greenback since mid-December while Asian currencies strengthen after China re-opening. The dollar inflows in the debt markets and direct investment in start-ups further added gains […]
NSE Indices Limited, a subsidiary of the National Stock Exchange, launched India’s first-ever Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) Index called the Nifty REITs & InvITs Index on Monday, comprising six listed REITs and InvITs. The index will track the performance of publicly listed or traded REITs and InvITs at the […]
Union Minister Jitendra Singh on Sunday announced that the forthcoming Vande Bharat Express train, which will be commencing its journey from Katra to Delhi on December 30, will now include stops at Udhampur and Kathua railway stations. Expressing his gratitude to Prime Minister Narendra Modi for addressing the persistent demand for these stoppages, the minister […]
The growing wealth of India’s public is leading to a crucial shift in its $1 trillion sovereign bond market. Their savings — channeled through life insurers, provident and pension funds — are increasingly getting plowed into long-term debt, leading to a structural change in the costs of borrowing for Prime Minister Narendra Modi’s government. India’s […]
By Shrikant Chouhan On Tuesday, the market finally came down with the support of the broader market. The sectors other than technology closed in the negative territory. The Nifty 50 index was at 18604, however, it closed at 18419 at the lowest point of the day. On a daily basis, the market closed at the […]
Benchmark indices BSE Sensex and NSE Nifty fell in trade on Monday, as Sensex dropped 0.7% or 424 points to trade at 60,258.7 while Nifty fell 118 points, giving up the 17,750 level. Adani Enterprises, SBI, Adani Ports, Reliance Industries, M&M are the most active Nifty 50 stocks intraday. Nifty 50 Gainers and Losers On […]
The negotiations for the proposed free trade agreement (FTA) between India and Oman are moving at a fast pace and the pact is likely to be signed next month, a senior government official said. Officials of the two countries concluded the second round of talks for the pact, officially dubbed as Comprehensive Economic Partnership Agreement […]
Adani Total Gas Limited (ATGL) and Flipkart on Wednesday announced the signing of a Memorandum of Understanding (MoU) to aid the e-commerce firm’s efforts to decarbonise its supply chain. Under the MoU, AGTL will work with Flipkart to support its vision to reduce carbon footprint in the primary, secondary and tertiary movements of goods between […]
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