Domestic indices opened in the red territory on Wednesday amid negative sentiment in the global markets. The markets fell on rate hike fears after Fed chair Jerome Powell’s hawkish statement. The BSE Sensex fell 160.64 pts or 0.27% to 60,063.82 and NSE Nifty 50 dipped 50.85 pts or 0.29% to 17,660.60. Bank Nifty plunged 118.70 […]
Indian benchmark indices are likely to open in green, hinted SGX Nifty. Ahead of the week’s last trading session, Nifty futures were trading slightly higher at 17974 level on the Singapore Exchange. In the previous session, BSE Sensex declined 147 pts to 59,958, while NSE Nifty 50 fell 38 pts to 17,858. “Markets will react […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to two stocks/securities on Monday, February 13, 2023. Indiabulls Housing Finance and Ambuja Cements are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Monday. According to the NSE, the stocks mentioned above […]
The rupee appreciated by 10 paise to close at 82.72 (provisional) against the US dollar on Monday, as the American currency retreated from its elevated levels. Forex traders said a muted trend in domestic equities and foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. During the trading session, the rupee touched […]
India’s fuel demand witnessed the sharpest rebound in February as petrol and diesel consumption rose by double digits after a winter lull in the previous month, preliminary industry data showed on Wednesday. Petrol sales of state-owned fuel retailers jumped 12 per cent to 2.57 million tonne in February, as compared to 2.29 million tonne of […]
By Rajesh Palviya NSE Nifty 50 index closed at 15294 with a loss of 908 points on a weekly basis. On the weekly chart, the index has formed a long bearish candle forming lower High-Low compared to previous week indicating weakness at current levels. Nifty Bank Outlook Bank Nifty started the week with a downward […]
By Rahul Shah After a painful start to the previous week, stocks enjoyed a massive bounce in the last two trading sessions and clocked the best weekly advance in more than a year on optimism over peace talks between Moscow and Kyiv, clarity by the US Fed on its future monetary policy and after Beijing’s signal that it […]
The accredited investor regime, introduced by the Securities and Exchange Board of India in August 2021, has failed to take off, with only 200-odd investors getting accredited so far, according to people in the know. Industry observers believe that onerous documentation and opaque rules are the fundamental constraints and Sebi may soon relook at the […]
L&T Construction on Thursday said that its Power Transmission & Distribution business has secured large orders in the Middle East region. In the United Arab Emirates, the business has received an order for engineering, supply, construction, installation, testing and commissioning a 400/132kV substation. The scope also includes associated transformer, reactor and Substation Control & Monitoring […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 7 April 2023, keeping costs steady for about ten months now. In Delhi, petrol 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 […]
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