Indian benchmark indices are likely to open higher amid strong global cues, hinted SGX Nifty on Monday. On the Singapore Exchange, Nifty futures traded 83 pts higher at 18,128 level. In the previous session, Sensex fell 237 pts to 60,622, while NSE Nifty 50 declined 80 pts to 18,028. “Market is likely to remain in […]
By Dharmesh Shah Equity benchmarks ended the volatile week on a subdued note as Nifty lost 0.8% to end the week at 17375. The broader market relatively underperformed the benchmark as Nifty midcap, small cap lost 2% and 4%, respectively. Sectorally, metal, PSU Banks outshone while FMCG, IT, Realty relatively underperformed The escalated geopolitical tension […]
Indian equity indices stayed in the positive territory throughout the day and ended Monday’s session in the green at the same level where it opened. The Nifty closed above 18,100 while the Sensex settled below 60,950. The NSE Nifty 50 rose 90.90 pts or 0.50% to close at 18,118.55 and the 30-share BSE Sensex advanced […]
Agricultural (agri) pump makers will see healthy revenue growth of 7-9 per cent in fiscal 2025, said a report by CRISIL Ratings. This, it added, will be supported by resilient domestic demand for conventional pumps and a surge in offtake of solar pumps, largely under the PM Kusum Scheme. This will follow a likely revenue […]
Owning a car is a big milestone in a person’s life. Most of the people save money to buy their dream car. When an individual buys a car, a dealer offers a lot of freebies to please them, such as hassle-free repairs, value-added services and more. As a third-party or basic car insurance policy is […]
Kotak Mahindra Bank and Evercore Inc, on Wednesday, refuted claims that the two entities are calling off their decade old tie up. “We have had a strategic alliance with Evercore since 2011 for cross-border advisory services between US, UK and India, and we will continue to collaborate and leverage our respective expertise to provide best-in-class […]
After a volatile trading session, domestic indices NSE Nifty 50 and BSE Sensex pared intraday losses to end mild in green. Nifty gained 0.07% or 13 points to close at 17,662 while Sensex gained 0.08% or 49 points to settle at 59,550. Despite the benchmarks’ flat close, the broader markets soared in trade today. Nifty […]
With an increase in coverage of crop insurance amongst the farmers, expenditure under the Prashan Mantri Fasal Bima Yojana (PMFBY) is projected to increase by 28% in current fiscal to Rs 17, 500 crore compared to budget estimate (BE), official sources said. Against a BE for FY24 at Rs 13,625 crore, the finance ministry has […]
Bank Nifty has fallen sharply, by 3%, YTD and is struggling to regain momentum. Traders and investors alike were concerned about the Indian banking sector’s exposure to the Adani Group, heightened inflation, and a shift in FII’s behavior. Some experts believe that the index is stuck in a sideways consolidation, failing to surpass the Budget […]
By Rajesh Palviya On the weekly chart, Nifty 50 index formed a long bearish candle forming lower High-Low compared to previous week indicating weakness at current levels. The index is moving in a Lower Top and Lower Bottom formation on the weekly chart indicating negative bias. The chart pattern suggests that if Nifty crosses and […]
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