Domestic equity benchmarks opened in red on Thursday amid negative sentiment in global markets. The BSE Sensex fell 296.34 points or 0.49% to 60,613.94 and NSE Nifty 50 dropped 83 points or 0.46% to 18,039.50. The top gainers of the Sensex were Sun Pharma, Bharti Airtel and State Bank of India while Hindustan Unilever, Bajaj […]
NESTle declared an in-line set of results; however, the tonnage dip in Q4CY22compared to preceding quarters indicate that the high inflation is likely to curb volume growth in the near-term. The company is planning a capex of Rs 5,000 crore over the next three years, which is expected to boost volume growth, especially in prepared […]
By Shrikant Chouhan The benchmark indices corrected sharply, as the Nifty 50 shed over 195 points whereas the BSE Sensex was down by 554 points. Among sectors, all the major sectoral indices registered technical selloff but reality lost the most, shedding over 2.5 per cent. Technically, on daily charts the Nifty/ Sensex has formed a […]
Benchmark indices BSE Sensex and NSE Nifty traded with sharp cuts before trimming losses amid high volatility intraday. The 30-share BSE Sensex trades flat, down 43 points or 0.07% to 59,457 and NSE Nifty declines 2 points or 0.01% to 17,646. Adani Enterprises, Adani Ports, Reliance Industries, ICICI Bank and HDFC Bank are the most […]
Foreign institutional investors (FII) sold shares worth a net Rs 3208.15 crore while domestic institutional investors (DII) bought shares worth a net Rs 2430.62 crore on Wednesday, January 11, 2023, according to the data available on NSE. For the month till January 11, FII sold shares worth a net Rs 13,334.06 crore while DII bought […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: After falling for eight consecutive sessions, domestic indices reversed the downtrend and ended the first session of March broadly in the green territory. The NSE Nifty 50 surged 146.95 pts or 0.85% to 17,450.90 and BSE Sensex settled 448.96 pts or 0.76% higher at 59,411.08. […]
Forbes, a renowned business magazine, recently unveiled its compilation of the most influential women globally for 2023. The rankings were meticulously determined based on four key criteria: financial stature, media visibility, impact, and spheres of influence. Political figures underwent evaluations tied to their countries’ economic metrics and population, while corporate leaders were appraised using criteria […]
L&T Construction, the construction arm of engineering and infrastructure conglomerate Larsen & Toubro (L&T), has won a “major” engineering, procurement and construction (EPC) order from Saudi Arabia. The firm has been chosen as the turnkey EPC contractor to establish and set up systems related to renewable energy generation and utilities for the Amaala project, the […]
IT major Infosys’ share price tanked 1.77% in early trade on Thursday to Rs 1,402.95 per share ahead of its Q4FY23 earnings report. The firm’s share price gained 1.63% in trade on Wednesday, closing at Rs 1,429 per equity share. The company is projected to report moderate growth figures for the quarter concluded in March, […]
Oil prices fell in thin early Asian trade on Tuesday as the market digests weak economic data from China and expectations of another U.S. interest rate hike. Brent crude fell by 2 cents to $79.29 a barrel by 0021 GMT, while U.S. West Texas Intermediate (WTI) crude fell 2 cents to $75.64. Both benchmarks fell […]