Shares of Kerala-based Manappuram Finance ended 12% lower on Wednesday after the Enforcement Directorate searched the office premises of the gold loan company earlier in the day. The non-bank lender’s stock saw its biggest single-day fall in the past two years. It ended the day at one-and-a-half-month low of 113.80 on the National Stock Exchange. […]
Despite strong global headwinds roiling financial markets worldwide, India’s equity market stood strong this year as a stellar performance of bluechips saw the 30-share Sensex soaring 4.94% so far, The 50-share Nifty has risen 4.82%. But 2023 is likely to be choppy and the returns might be moderate as a raft of factors, including geopolitical […]
Tata Consultancy Services Ltd shares rose 1.5% on Wednesday ahead of the Q4 results announcement. TCS stock touched an intraday high of Rs 3,260.95 and closed at Rs 3,245.50. In comparison, NSE Nifty 50 rose 90.10 pts or 0.51% settling at 17,812.40 and Nifty IT surged 304.55 pts or 1.06%, concluding at 28,980.30. The company’s […]
The Sebi’s move to designate some of the country’s top brokers as qualified stock brokers (QSBs) may increase compliance costs for these entities. Certain stock brokers handle a very large number of clients, a large amount of client funds and very large trading volumes. Any possible failure of such brokers has the potential to cause […]
Domestic indices opened Friday’s session in deep red. The Nifty slipped below 17,800 and the Sensex below 59,800. The Nifty 50 fell 120.80 pts or 0.68% to 17,771.15 and Sensex dropped 451.72 pts or 0.75% to 59,753.34. The top gainers of Sensex were Tata Motors (up 6.81%), ITC (up 2.16%), Mahindra & Mahindra (up 1.58%), […]
Adani group stocks continued falling on Friday after Morgan Stanley Capital International (MSCI) cut the free-float designations of four Adani group companies, saying that it plans to reduce the weightage of these stocks, effective March 1. Adani Enterprises shares fell nearly 10% on open today. However, the scrip recovered and was last trading down 1.8% […]
Anil Agarwal’s Vedanta Ltd share price rose 1.28% to Rs 292.95 on NSE in early morning trade on Monday. On the controversy revolving around the Hindustan Zinc deal, the group’s chief Anil Agarwal in a TV interview recently asked the government to sell its 29% stake in Hindustan Zinc, as they had agreed to sell […]
Oil prices dipped in early Asian trade on Monday, but held close to the highest levels since the start of the year on optimism that China’s reopening will lift fuel demand at the world’s top crude importer. Brent crude fell 36 cents, or 0.4%, to $84.92 a barrel by 0116 GMT while U.S. West Texas […]
Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as U.S. inflation data delivered no nasty surprises, reinforcing hopes the Federal Reserve will likely go for a smaller rate hike when it meets next week. Investors piled back into stocks in U.S. markets overnight as fears about contagion in the […]
By Shrikant Chouhan On Tuesday, due to weak global cues and uncertain geo political issues, the benchmark indices opened with a gap down. But one more time the index took the support near the 200 day SMA and registered an intraday pullback rally. From the day’s lowest levels, the Nifty 50/ BSE Sensex recovered over […]
网站备案号: 粤ICP备16118000号-1