By Nagaraj Shetti After showing weakness with range-bound action in the last couple of sessions, the NSE Nifty 50 shifted into a sharp upside bounce on Wednesday and closed the day higher by 157 points. After opening on a negative note, the market slipped into further weakness soon after the initial hours of trade. It […]
By Shrikant Chouhan Profit booking continued in the Indian benchmark indices, the NSE Nifty 50 ended 147 points lower while the BSE Sensex was down by 497 points. Among sectors, except Media all the major sectoral indices registered profit booking at higher levels. Amid sectoral indices, IT index lost the most, shed over 2.8 per […]
Stock Market Today, Nifty, Bank Nifty: Domestic share market indices will likely trade higher on the last trading session of this week, global market trends suggest. The Nifty futures on Singapore Exchange (SGX) were trading 53.50 pts or 0.30% higher at 17,644.50 in the early morning trades. Asian markets were trading mixed with China’s Shanghai […]
Global stocks held steady on Tuesday, while the dollar eased modestly ahead of US inflation data that could persuade the Federal Reserve and other central banks to step back from aggressive interest rate hikes. Headline consumer price pressures for November in the world’s largest economy are expected to have fallen for a fifth successive month, […]
Aditya Birla Capital (ABCL), the holding company of the financial services business of Aditya Birla Group, will exit its insurance broking business by selling Aditya Birla Insurance Brokers (ABIBL) to Samara Capital for an upfront payment of Rs 455 crore. Further, under the share purchase agreement (SPA), the company and Infocyber (the other shareholder) may […]
By Nuvama Research Over the last 12 months, the consumer goods sector has outperformed the broader market, with the Nifty FMCG index outperforming the Nifty50 by 20%. Despite facing several headwinds in the near term, the sector’s long-term structural growth drivers remain intact. We analyse the consumer goods sector’s prospects in both the short and […]
Large shareholders in companies are increasingly looking at the block/bulk deal route to sell stake, at a time when share prices are in troubled waters. Promoters and significant shareholders usually pick up stakes during market volatility to strengthen their holdings and shore up confidence among investors. According to data, some big shareholders who have taken […]
We are downgrading Bharat Forge to Sell (from Reduce), as we expect moderate revenue growth for the company over the period of FY2023-35e. Though newer businesses will be key growth drivers for the company, we see limited growth prospects in its core segments, given the risk of electrification and elevated competitive intensity from domestic companies. […]
By Sameet Chavan Thursday’s trading session was a replica of the previous session as we first witnessed a gap down on the back of sluggish global cues and then despite some mid-session rebound, ended the session almost at day’s low. However, unlike Wednesday, the trading range was slightly bigger. Eventually, the Nifty 50 ended the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices remain unchanged on Saturday, 21 January 2023, keeping costs steady for about seven months now. In Delhi, petrol price is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
网站备案号: 粤ICP备16118000号-1