By Rahul Shah Benchmarks of equity index edged lower in the holiday curtailed week which ended on April 13. The Sensex and Nifty fell nearly 2 per cent each in the three-day trading week with both the benchmarks declining in all the three sessions and ended 58339 and 17476 respectively. Auto, banking, tech stocks witnessed […]
The IPO train is unlikely to slow down this month as nearly Rs 2,000 crore worth of initial public offerings (IPOs) will hit Dalal Street next week, taking the total number of IPOs in December to five. So far this year, 36 IPOs have hit the market, raising nearly Rs 62,000 crore. With the two […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Friday as a result of positive global cues, while the silver rate is down 0.34%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,820 per 10 grams, up Rs 125 or 0.22%. Silver March futures were trading […]
Mid and smallcap stocks have shown signs of recovery, with the BSE Midcap and BSE smallcap indices rising 5.8% and 7.7%, respectively, since March 28. Analysts attribute the recent run-up to moderation in commodity prices, attractive valuations, and expected improvements in earnings. In the past few months, the bulk of the mutual fund flows came […]
By Nuvama Research Rural FMCG demand will remain weak in Q3FY23. Granted, overall rainfall has been ample, but the metric discounts the deficit in 3-4 populous states and overall inflation remains a spot of bother. Lower-end of the rural job market seems upbeat, but still these are early days and sustainability is crucial. Due to […]
By Subash Gangadharan NSE Nifty 50 has been correcting since last week after touching a high of 18115. These levels also corresponded to a major trend line resistance that has held down the major highs of the last few months. The correction seen over the last few days has led to the Nifty now closing […]
Sebi on Friday came out with guidelines for portfolio managers pertaining to performance benchmarking, asking them to adopt an additional layer of broadly defined investment “strategies” while managing the clients’ funds. Reviewing the requirements related to performance reporting and benchmarking by portfolio managers, the markets regulator said this is in addition to the investment approach […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended the last trading session of the week deeply in the red, dragged by HDFC twins. The NSE Nifty 50 crashed 186.8 points or 1.02% to 18,069.00 and BSE Sensex tanked 694.96 or 1.13% to 61,054.29. In sectoral indices, Bank Nifty plunged 1,024.25 […]
Oil prices were little changed on Friday but are set for their second weekly drop as disappointing economic data from the U.S., the world’s biggest crude user, and uncertainty on further interest rate hikes raised concerns about future fuel demand. Brent crude futures for June were trading at $78.53 a barrel, up 16 cents, or […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol, diesel prices in the country remained unchanged on 27 December 2022. About seven months have passed since the last hike in petrol rates and diesel rates. On May 21 of this year, Finance Minister Nirmala Sitharaman reduced the excise duty on petrol by Rs […]
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