Indian equity indices concluded the day in deep red. The Sensex closed below 61,800 while the Nifty settled below 18,420. Meanwhile, Bank Nifty after touching a new high in the previous session, fell 1.25% today. The top gainers of the Nifty 100 were GODREJCP (up 1.79%), Gail (up 1.15%), Britannia (up 1.14%), Hero Motocorp (up […]
By Rajesh Palviya NSE Nifty 50 closed at 17698 with a gain of 301 points on a weekly basis. On the weekly chart the index has formed a long bullish candle forming higher High-low compared to previous week and has closed above previous week’s high indicating positive bias. The chart pattern suggests that if […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading in the red on Friday as a result of negative global cues for the metal, while the silver rate is down 0.01%. On Multi Commodity Exchange, gold April futures were trading at Rs 59,340 per 10 grams, down Rs 225 or 0.38%. […]
Landmark Cars’ IPO is set to close today, and has been subscribed over 300% or 3.04x. The IPO received significant interest from QIBs (qualified institutional buyers) who subscribed to the issue 8.71x. Non institutional investors bid 1.31 times while retail investors had a comparatively lackluster response at 0.56x. The portion reserved for employees is oversubscribed […]
Foreign institutional investors (FII) sold shares worth a net Rs 212.57 crore while domestic institutional investors (DII) purchased shares worth a net Rs 743.35 crore on Monday, January 2, 2023, according to the data available on NSE. In the month of December, FIIs sold shares worth a net of Rs 14,231.09 crore while DIIs purchased […]
Indian equity indices ended Thursday’s session in the red. The Sensex closed below 60,850 while the Nifty settled below 18,150. The top gainers of the BSE Sensex were Sun Pharma (up 0.92%), UltraTech Cement (up 0.0.71%), Asian Paints (up 0.70%), Infosys (up 0.68%) and Kotak Bank (up 0.58%) while Mahindra & Mahindra (down 2.45%), Bajaj […]
Indian equity indices rallied over 1.5% on Friday with Sensex closing above 60,800 and Nifty 50 settling above 17,850 led by heavy buying in banking shares and recovery in Adani Group stocks. During the day indices remained volatile, but towards the end of the session, they surged, ending broadly in green. The NSE Nifty 50 […]
By Dilip Parmar In the week gone, the Indian rupee recovered after registering four weeks of fall, as high-frequency data pointed to better growth prospectus. The foreign fund inflows, lower crude oil prices and the central bank’s intervention supported the local unit to outpace the regional currencies. Spot USDINR fell one-tenth of a percentage to close […]
Adani Group-controlled Ambuja Cements and ACC will be dropped from S&P BSE 100 ESG Index from February 22, according to a statement issued by Asia Index on Friday. Ambuja Cements and ACC have been added to the Media and Stakeholder Analysis (MSA) list. Based on the S&P BSE 100 ESG Index methodology, the index committee […]
By Shrikant Chouhan The Nifty ends 71 points lower while the Sensex down by 195 points, Metals, Energy and Auto stocks witnessed sharp profit booking at higher levels. On Tuesday, after a positive opening the index quickly surpassed the yesterday high and rallied over 200/900 points but once again bears took the charge at higher […]
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