Following the positive trend in global markets, domestic indices surged over 1.5%. The 30-share BSE Sensex rose 718 points or 1.2% to 60,618 and NSE Nifty advanced 198 points or 1.11% to 18,058. Infosys, ICICI Bank, Reliance Industries, TCS, HDFC Bank are the most active Nifty 50 stocks intraday. Nifty 50 Gainers and Losers On […]
Telecom major Reliance Jio’s fully-owned subsidiary Reliance Projects will buy Rs 123.84 crore worth of optical fibre cables from HFCL Limited. In a regulatory filing, HFCL said: “The Company along with its material subsidiary, HTL Limited, has received the Purchase Orders aggregating to ~Rs 123.84 crores from Reliance Projects & Property Management Services Limited for […]
Asian stocks slid toward their worst week in a month-and-a-half on Friday and oil nursed losses, while bonds enjoyed their best bid in weeks as U.S. data and earnings showed signs of weakness. Overnight figures showed more Americans filing claims for jobless benefits and manufacturing activity in the mid-Atlantic region slumping to its lowest level […]
By Ruchit Jain April futures & options series had started on a positive note as the indices had seen good long rollovers from the March series. Nifty reclaimed the 18000 mark at the start of the series, but there was no follow up buying seen. The index then corrected gradually from the highs due to […]
In 2024, technological advancements are poised to revolutionize and significantly enhance various aspects of our daily lives, promising a future where convenience, efficiency, and well-being intersect seamlessly. One notable area of impact is the continued evolution of smart homes. With the integration of cutting-edge technologies like the Internet of Things (IoT) and artificial intelligence, homes […]
On the weekly chart, the Nifty 50 index formed a bearish candle last week and remained restricted within previous week’s High-Low range indicating lack of strength on either side. The index is moving in a Higher Top and Higher Bottom formation on the weekly chart indicating positive bias. The chart pattern suggests that if Nifty […]
In the run-up to the Union Budget 2022, BSE Sensex and Nifty 50 have been trading volatile. In the week so far, BSE Sensex has lost over 4 per cent to day’s low of 56,628.36, while NSE Nifty 50 index plunged 3.7 per cent to trade at 16,921. On the Union Budget 2022 day, 1st […]
US stock index futures edged higher on Monday on optimism around China reopening its borders, while signs of cooling in the labor market boosted bets of a slower pace of rate hikes by the US Federal Reserve. After being clobbered in 2022 by the Fed’s fastest pace of rate hikes since the 1980s, Wall Street […]
Indian benchmark equity indices NSE Nifty and BSE Sensex closed in the green as RBI MPC announced 25 bps repo rate hike. Nifty 50 advanced 150 points or 0.85% to 17,871.7 while Sensex closed 377.75 points higher at 60,663. The broader markets and sectoral indices all closed in the green as volatility gauge, India VIX, […]
The Centre of Excellence for Aerospace Manufacturing Manpower Capacity Building has been launched at Aequs SEZ. The initiative is a tripartite collaboration between Aequs Private Limited, Medhavi Skills University and National Skills Development Corporation (NSDC), as per the official announcement. This CoE aims to equip youth with the latest, industry-relevant technical education. Designed under the […]