Indian benchmark indices may open in green amid strong global cues. Ahead of the session, Singapore Exchange (SGX) Nifty futures traded 20 pts higher at 18,058.5, signalling at a positive opening for the Indian stock market. On Friday, BSE Sensex rallied 303 pts to 60,261, while NSE Nifty 50 climbed nearly 100 pts to 17,957. […]
By Shivangi Sarda Nifty index opened positive on Wednesday and remained range-bound within a trading range of 100 points for the most part of the day. During the day it witnessed buying interest from 17050 to 17186 marks but the absence of follow up was not allowing it to hold at higher zones. It formed […]
Global stock markets sagged while the Japanese yen rose on Thursday in reaction to the Fed’s policy statement and signs of stress at another U.S. regional bank, spurring investors to price in a pivot rather than just a pause in rate rises. Another U.S. regional bank, PacWest Bancorp, reported troubles overnight, reminding investors of the […]
By Rajat Mishra Diesel is set to get costlier in Himachal Pradesh after the state government increased value added tax on it by Rs 3 per litre on Sunday. Follwoing the revision, the VAT on diesel goes up to Rs 7.40 per litre from Rs 4.40 per litre, oushing the retail price of it to […]
Oil prices were little changed on Tuesday, giving up some of the gains from the previous session, as traders awaited clarity on the Federal Reserve’s plans for rate hikes to gauge the impact on the economy and fuel demand. Fed policymakers say fresh inflation data out later this week will help them decide whether they […]
A noticeable 6.3-fold increase in the number of students opting for online certification courses to enhance their skill sets over the past five years, as per the year-ender e-learning trends report by Internshala Trainings, a skilling platform of Internshala. The report highlights the most sought-after skill courses, with Web Development leading the pack at 16% […]
Capital markets regulator Sebi has been mulling over relaxed regulations for fund houses that deal with passive-only funds. Sebi chief Madhabi Puri Buch recently said that the regulator’s target was to bring MF regulations down from 100 pages to just 10 pages, specific to passive funds. Siddhant Mishra takes a look at the likely impact […]
The Indian rupee opened marginally higher at 81.74 per dollar on Wednesday against the previous close of 81.76 per dollar. The local unit is expected to appreciate amid softness in the dollar ahead of expectation of weaker retail sales numbers. Further, US PPI is expected to decline towards -0.1%. The softness in the US PPI […]
By Rajesh Palviya NSE Nifty 50 closed at 17758 with a gain of 60 points on a weekly basis on Friday. On the weekly chart the index has formed a bearish candle with an upper shadow indicating selling at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 17800 levels it […]
Indian benchmark indices are likely to open on a mildly negative note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red at the 17,515 level. In the previous session, Sensex closed in the red at 59,463, down 0.24% and the Nifty extended losses for a sixth session, closing at 17,465. “The […]
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