By Dharmesh Shah The Nifty 50 index opened gap-up (17670-17791) and achieved our target of 18100. However, profit booking from higher levels dragged the index below the 18000 mark. As a result, weekly price action formed a doji candle, indicating breather after a sharp rally. In the process, broader markets outperformed benchmark and accelerated its […]
To showcase the rich cultural heritage and to promote tourism in Himachal Pradesh, Chief Minister Sukhvinder Singh Sukhu inaugurated the first-ever ‘Shimla Winter Carnival’ at its historic ridge on Monday.The event started with a cultural parade that saw the participation of 450 women presenting Mahanati, showcasing the talent of self-help groups and Anganwadi workers. Heavy […]
By Ruchit Jain The eventful March series started on a cautious note amidst geopolitical tensions on Russia Ukraine war. Amidst nervousness in global markets, the index corrected towards the start of the series and almost tested the 15700 mark. The India Vix rose sharply in this period which led to higher volatility and uncertainty. However, […]
The Securities and Exchange Board of India (Sebi) on Tuesday gave its nod to phase out share buybacks through the open market. The market regulator has also approved steps to ensure governance boost at the stock exchanges as well as other market infrastructure institutions at its board meeting. Buybacks will be undertaken through a separate […]
Indian benchmark equity indices NSE Nifty and BSE Sensex closed in the red after a choppy session. Sensex lost 0.5% or 334 to settle at 60,506.9 while Nifty dropped 89.45 points, closing at 17,764.6. However, Nifty Next 50 fared better, closing 0.55% in the green on Monday. Sectorally, Nifty Media and Nifty FMCG outperformed while […]
Benchmark indices NSE Nifty and BSE Sensex ended Friday’s muted session flat. The NSE Nifty 50 settled at 17,624.05 and BSE Sensex rose 22.71 points or 0.04% to 59,655.06. In sectoral indices, Bank Nifty fell 151.5 points or 0.36% to 42,118.00, Nifty IT rose 184.95 points or 0.69% to 26,822.10 and Nifty Pharma rose 60.5 […]
By Radhey Wadhwa As the curtains closed on COP28 in Dubai, the aftermath of this global environmental summit leaves us with a mosaic of achievements and setbacks. Distinct from its predecessors, COP28 carried the weighty task of charting a course post the Paris Agreement’s Global Stocktake. Before COP 28 even commenced, controversy emerged surrounding the […]
The Indian rupee opened 11 paise higher at 81.82 per dollar on Thursday against the previous close of 81.93 per dollar. The local unit is likely to appreciate further amid weakness in the dollar and a rise in risk appetite in global markets. Further, the rupee may be supported as the Government of India in […]
Indian benchmark indices are likely to open on a positive note, hinted SGX Nifty as Nifty futures traded 53 pts higher at 18,164 level on the Singapore Exchange. “Markets traded under pressure on Wednesday and lost over a per cent amid mixed cues. This decline has engulfed the gains of the last four sessions in […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of only one stock/security on Tuesday, December 27, 2022. Punjab National Bank (PNB) is the only stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Tuesday. According to the NSE, the above-mentioned stock is prohibited in […]
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