Domestic benchmark indices witnessed a volatile trading session of the weekly futures & options expiry. Both indices snapped 6-day winning streak to end in red on Thursday. However, in the last few weeks, Indian equity markets have rallied on the back of FII inflows, strong quarterly earnings by index heavyweights and declining volatility. Both indices […]
The Indian rupee depreciated over 11 per cent in 2022 against the dollar — its poorest performance since 2013 and the worst drubbing among Asian currencies — as the US Federal Reserve’s aggressive monetary policy propelled the greenback. The rupee closed 2022 at 82.61 to the US dollar, down from 74.29 at end of 2021 […]
Indian equity indices opened in red on Friday. The 30-share benchmark BSE Sensex was trading 420 points or 0.69% lower at 60,406.19. The NSE Nifty 50 was down 141.70 points or 0.78% at 17,985.65. HCL Tech, Sun Pharma and Nestle India were the top gainers of the Sensex. In contrast, the top losers were Tata […]
Gold price jumped Rs 335 to Rs 57,463 per 10 gram in the national capital on Wednesday amid a rally in yellow metal prices internationally, according to HDFC Securities. The precious metal had settled at Rs 57,128 per 10 gram in the previous trade. “Spot gold prices in the Delhi markets traded at Rs 57,463 […]
Indian benchmark indices opened mildly in red on Tuesday amid mixed global cues. The Sensex was down 146.37 points or 0.24% at 60600.94, and NSE Nifty 50 was down 33.60 pts or 0.19% at 18067.60. Tata Motors, Hindalco Industries, Power Grid Corporation, Tata Steel, and ONGC were among the major gainers on Nifty, while TCS, […]
The Supreme Court Friday said there should be a robust mechanism to ensure that the interests of Indian investors are protected in the stock market and sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and “artificial crashing” of the Adani Group‘s stock value. A bench headed by […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Monday despite mixed global cues, while the silver rate is up 1.21%. On Multi Commodity Exchange, gold April futures were trading at Rs 56,615 per 10 grams, up Rs 465 or 0.83%. Silver May futures were trading higher by Rs […]
By Shrikant Chouhan On Tuesday, the benchmark indices witnessed positive momentum. After a volatile trading session in the morning, the Nifty 50/ BSE Sensex took supports near 18100/60800 and reversed sharply. Among sectors, strong buying interest was seen in reality and metal stocks while selective private banks witnessed technical sell-off at higher levels. Technically, the […]
Indian equity markets remain unimpressed with Budget 2023. After jumping nearly 2% intraday briefly, benchmark indices BSE Sensex and NSE Nifty 50 nosedived to end flat. According to analysts, there is nothing one can find negative in the budget announcement, and it could be game changer budget for the next few years. However, it failed […]
FMCG major Emami is aiming at strengthening shareholders’ “value and confidence” along with boosting share prices through its proposed buyback of shares. The company is planning to embark on the third round of buyback and the size is expected to be around Rs 200 crore. “We will have a discussion on the proposal for buyback […]
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