Adani Group stocks were hit further on Monday, following the downgrading of four group firms by Moody’s. Adani Enterprises slumped 7%, while Adani Ports shed 5.25%. Five group firms — Adani Total, Adani Transmission, and Adani Wilmar, Adani Green, and Adani Power — were locked in their lower circuit of 5% on Monday. Among other […]
Indian benchmark indices are likely to continue their losing streak to open in the red, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading lower, down 52 points, at the 17,385 level. On Friday, markets extended losses for a second session, pulled down by negative global cues. At close, Nifty was down 177 […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading in the red on Wednesday as a result of negative global cues, while the silver rate is down 0.17%. On Multi Commodity Exchange, gold April futures were trading at Rs 55,882 per 10 grams, down Rs 201 or 0.36%. Silver March futures […]
Capital markets regulator Sebi has made stringent norms for Foreign Portfolio Investors (FPIs), asking them to disclose any material change in their structure and common ownership within seven working days.With regard to new FPI registrations, the Securities and Exchange Board of India (Sebi) can ask them for any additional documents which may be required, according […]
BankBazaar.com plans to launch its IPO in the next 12-18 months, it said. Prior to filing for DRHP, the fintech company aims to raise another round of capital (a combination of fresh and secondary issue), and has appointed ICICI Securities to advise on its capital raise plan. Meanwhile, Bankbazaar closed FY23 with net revenue of […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: As a result of the upward trend in crude prices, petrol rates and diesel rates have seen a revision in prices across many major cities in India on Thursday, 13 April 2023. In Bangalore, petrol prices have risen by Rs 0.04 to Rs 101.99 […]
Samsung has launched two new 5G smartphones under its Galaxy A-series in India. These are the Galaxy A25 5G and Galaxy A15 5G. While the A15 5G starts at just under Rs 20,000, the A25 5G is priced upwards of Rs 25,000. Spec-wise, the two phones seem competitive even if their design scheme might look […]
After facing loss due to terminal heatwave last year, more farmers are cultivating climate resilient wheat varieties which has been sown in more than 60 per cent of the planted area of 30.86 million hectares so far, according to agriculture commissioner P K Singh. Wheat is the main rabi (winter) crop, sowing of which normally […]
Indian share market is likely to open on a muted note hinted SGX Nifty on Tuesday as Nifty futures were trading marginally lower at 18150 level on the Singapore Exchange. In the previous session, BSE Sensex rallied 847 pts to 60,747, while NSE Nifty 50 rose 242 pts to 18,101. “Commencement of Q3 corporate earnings […]
By Milind MuchhalaThe Indian equity market finally seems to be witnessing the much-awaited correction, although the headline index is getting some support from the healthy performance of the financials. However, this is masking the weakness in the broader market, especially in the midcap and small cap space. While the respective indices have corrected by ~8-10%, […]
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