By Bhavik Patel Gold continues to trade above $2000 with markets recalibrating the expectation that there might be rate hike in May and rate cut starting after September. According to the CME FedWatch Tool, markets see a 70% chance that the Federal Reserve will raise interest rates by another 25 basis points next month. However, […]
Domestic indices BSE Sensex and NSE Sensex saw most of their monthly gains erased as they trade deep in the red today, down 1% – but recouped some of the losses in the afternoon trade. As bears and bulls tussle through the month on Dalal Street, indices have remained volatile over the past few sessions. […]
By Rajesh Palviya In the Nifty current series, a Short Covering has been witnessed with increase in price of 4.09% and decrease in OI by (-4.03%) as of Wednesday, wherein there was unwinding of 3.87 lakh shares in OI, decreasing from 96.04 lakh to 92.18 lakh shares. Nifty current month rollover stands at 14.93% as […]
By Nagaraj Shetti After showing higher level weakness on Tuesday, the Nifty continued with follow-through weakness amidst range bound action on Wednesday and closed the day lower by 149 points. The opening downside gap has been filled partially. A small negative candle was formed on the daily chart with a minor upper shadow. This pattern […]
Indian benchmark indices are likely to open on a positive note, hinted SGX Nifty on Monday. Nifty futures were trading higher at 18354 level on the Singapore Exchange. In the previous session, BSE Sensex fell 461 points to 61,338, while NSE Nifty 50 plunged 146 points to 18,269. “In absence of any major event, global […]
Cine-goers will have no dearth of choice in the coming year as the Indian film landscape promises to come alive with big-banner movies in both Hindi and regional languages. While 2022 was all about films from the south and 2023 saw the resurgence of Hindi movies, 2024 will be a happy mash-up of movies from […]
Honasa Consumer, the parent company of direct-to-consumer beauty and personal care brand Mamaearth plans to utilise its initial public offering (IPO) proceeds of Rs 2,900 crore on marketing initiatives and expanding its offline reach across key brands. The proceeds will be for advertisement expenses towards enhancing the awareness and visibility of its brands, capital expenditure […]
The claims ratio of health insurance segments have fallen to FY19 levels after a spike during the peak of the Covid-19 pandemic. The net incurred claims ratio of health insurance business dropped to 89% in FY23 as compared to 109% and 94% in FY21, data from the Insurance Regulatory and Development Authority of India’s (Irdai) […]
Brijesh Parekh HUF sold 1,40,000 shares of Alpa Laboratories Ltd (ALPA) at Rs 73.90 per share. Kadiresan sold 1,56,000 shares of Bright Solar Ltd (BRIGHT) at Rs 7.95 per share. Shreeji Capital And Finance Ltd sold 1,17,000 shares of Globe Intl Carriers Ltd (GICL) at Rs 43.00 per share. Navratri Share Trading Pvt Ltd bought […]
Stock Market Today, Nifty, Bank Nifty: Nifty and Sensex may rise today and remain in green on the week’s last trading session amid positive global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 101 pts or 0.59% higher at 17,123.50 in the early morning trade. Asian markets were trading in green with […]