The Indian rupee opened flat on Friday at 82.55 per dollar, up just 1 paise from the previous close. The local unit is likely to depreciate amid a strong dollar and risk aversion in US markets. Rebound in crude prices is also expected to put pressure on the domestic currency. Market sentiments are hurt as […]
Domestic indices NSE Nifty and BSE Sensex regained from day’s lows, but still closed in the red. Nifty closed below the 18,000 mark after regaining 100 points from the day’s low. Sensex added over 300 points from its intraday low to settle at 60,353. Bank Nifty lost 350 points in today’s session. The broader markets […]
Domestic equity indices opened in the red on Friday amid weak global cues. The BSE Sensex fell 244 pts or 0.40% to 60,562.17 and NSE Nifty 50 slipped 75.70% or 0.42% to 17,817.75. The top gainers on Sensex were Larsen & Toubro (up 0.82%), Power Grid (up 0.52%), State Bank of India (SBIN) (up 0.0.48%), […]
The Securities and Exchange Board of India seeks to make sponsors of InvITs and REITs more accountable by proposing that at least one sponsor remain invested in them permanently. In a consultation paper on Thursday, the regulator said that while sponsors of REITs/InvITs are required to hold 15% of the capital for a period of […]
Shares of Zee Entertainment Enterprises Limited (ZEEL) extended its previous day decline in morning trade on Friday, falling over 5 per cent, after the National Company Law Tribunal admitted an IndusInd Bank plea for insolvency proceedings against the media firm. The stock declined 4.60 per cent to Rs 189.60 on the BSE. At the NSE, […]
India’s economic growth story remains intact as we head into 2022, however, Dalal Street may not repeat its stellar rally in the new year, said Nikhil Kamath, Co-founder, True Beacon, and Zerodha, in an interview with Kshitij Bhargava of Financial Express Online. Nikhil Kamath further said that in the new year investors should keep an […]
Dense fog engulfed the national capital today (December 28) as cold wave maintained its grip in northern India. Delhiites woke up to a hazy morning as a thick layer of fog covered the city leading to low visibility and disruption for the commuters. According to IMD forecast, the anticipated weather conditions suggest maximum and minimum […]
The 2023 grape season in Dindori, Nashik will be special for 6,000-odd farmers of the berry. For the first time, their produce will be sold in a market which will be owned and operated by them, without having to be at the mercy of traders. From a verbal contract system, they will be graduating to […]
Indian equity indices were trading over half a percent higher amid positive sentiment in the global markets. The 30-share BSE Sensex rose 431.75 points or 0.71% to 61,087.47 in the intraday trade and NSE Nifty 50 jumped 118.10 pts or 0.67% to 18,171.40. All the broader market indices were trading in green except Nifty Next […]
By Sameet Chavan Overall the global cues were a bit favourable on Monday morning and hence after a long break, our markets opened with a decent upside gap to test 18000. However, within a few minutes of trade, all these gains just disappeared and in fact, we went on to slide below 17850. However, the […]
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