SGX Nifty hinted that the domestic equity indices could see a start in the red, snapping the gaining streak of the domestic indices. On the Singapore Exchange, Nifty futures were trading lower by 69 points, at the 17,093 level. On Friday, markets extended their winning streak for a second day as Nifty reclaimed the 17,100 […]
By Nagaraj Shetti After showing consistent up moves in the last six sessions, Nifty shifted into a minor profit-booking mode on Wednesday and closed the day lower by 57 points. A small negative candle was formed on the daily chart with a minor lower shadow. Technically, this pattern indicates a short-term reversal in the market […]
Domestic indices ended Monday’s session in the red territory. The trade remained choppy during the day, the Sensex settled below 60,510 and Nifty 50 below 17,770. The top gainers of the BSE Sensex were IndusInd Bank (up 2.58%), Bajaj Finance (up 1.56%), Power Grid (up 1.05%), ITC (up 0.74%) and Bajaj Finserv (up 0.41%) while […]
By Rajesh Palviya In Nifty current series there has been a Short Covering witnessed with increase in price of 4.92% and decrease in OI by 17% as of Wednesday wherein there was unwinding of 18.89 lakh shares in OI, decreasing from 112.89 lakh to 94 lakh shares. Nifty current month rollover stands at 24% as […]
Anant Aggarwal bought 1,31,200 shares of Aristo Biotech and Lifescience Ltd (ARISTO) at Rs 81.04 per share. Mv Trading Co sold 1,10,400 shares of Atal Realtech Ltd (ATALREAL) at Rs 78.26 per share. Madhu Devi Godha sold 22,63,075 shares of Godha Cabcon Insulat Ltd (GODHA) at Rs 1.64 per share. Mithun Securities Pvt Ltd sold […]
The merger of PVR and INOX has created a multiplex behemoth with increased bargaining power and organisational/BS strength that would drive further share gains, enable investments in new growth areas, and potentially alter industry dynamics. The management has guided for annual synergies of Rs 225 crore in the next 12-24 months, suggesting a 15-17% upgrade […]
Oil prices were largely unchanged in early Asian trade on Thursday as traders weighed optimism over China’s demand outlook against the possibility of further interest rate hikes from global central banks. Brent crude futures were up 1 cent at $82.71 per barrel at 0121 GMT while U.S. crude futures fell 4 cents to $77.24.The market […]
Adani Green Energy (AGEL) on Monday said it has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power.With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […]
By Manish Gupta The ‘equity oil’ issue got highlighted recently, after India faced the double whammy of spike in oil prices following the decision by Opec+ nations to cut production and Russia’s Rosneft stating it will give dividends, not equity oil, to India. For India, which imports 87% of its oil needs, equity oil is […]
Equity indices concluded Thursday’s muted session in negative territory amid weak sentiment in global markets. The NSE Nifty 50 closed above 18,100 while BSE Sensex settled below 60,900. The top gainers of the BSE Sensex were Tata Steel (up 0.73%%), Power Grid (up 0.64%), Tech Mahindra (up 0.49%), Axis Bank (up 0.47%) and HDFC Bank […]