Domestic indices Nifty and Sensex are down in trade today. After closing under the psychological 18,000 mark on Thursday’s session, Nifty 50 continues to decline, breaching the 17,900 level. The index lost 0.6% or 110 points to trade at 17,887 and Sensex shed 370 points to trade under the 60,000 level at 59,980. Bajaj Finance, […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Tuesday as a result of mixed global cues, while the silver rate is down 0.64%. On Multi Commodity Exchange, gold February futures were trading at Rs 55,862 per 10 grams, down Rs 2. Silver March futures were trading lower by […]
IT services major Wipro is expected to clock a net profit rise of as much as 15.2 per cent on-year during the fourth quarter ended March 31, 2023, even as few other analysts estimated that profit for the quarter would fall by around 4.9 per cent. According to analysts and brokerage firms, Wipro is expected […]
Indian stock markets are embarking on a shorter settlement cycle or T+1 regime for the final list of large stocks from Friday, a move that will help reduce margin requirements for clients and boost retail investment. T+1 (trade plus one) means that market trade-related settlements will need to be cleared within one day of the […]
Oil prices were little changed on Friday after a meeting between Saudi Arabia and Russia calmed markets, but crude benchmarks were still headed for a second weekly fall after a banking crisis sparked a sell-off in global financial markets this week. Brent crude futures edged up 2 cents to $74.72 a barrel by 0133 GMT, […]
For India Inc, hope springs eternal. If 2023 started with a hope of revival, growth and a pickup in private capital expenditure, the mood of corporate leaders before the world ushers in another new year is upbeat. Most have figured out uncertainty will remain the only certainty, but more importantly, have taken it in their […]
The US Federal Reserve‘s interest rate decision, quarterly earnings of corporates and domestic macroeconomic data will influence trading in the equity market in a holiday-shortened week ahead, analysts said. Foreign funds’ trading activity, monthly automobile sales data and global trends would also guide market movement this week, they added. Markets would remain closed on Monday […]
Shares of UCO Bank on Tuesday climbed 2 per cent after the firm reported an 86.2 per cent rise in net profit for the March 2023 quarter.The company’s stock gained 2.06 per cent to settle at Rs 30.72 on the BSE. During the day, it climbed 4.71 per cent to Rs 31.52.At the NSE, it […]
By Siddhant Mishra There was a marginal recovery in the banking stocks on Monday, following the crash on Friday in the aftermath of the rout in Adani Group stocks. The Bank Nifty edged up by 42.15 points, or 0.1%, to 40,387.45, with Bank of Baroda, ICICI Bank and IDFC First Bank rising between 0.89% and […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty and BSE Sensex may remain volatile on monthly F&O expiry. The Nifty futures on the Singapore Exchange (SGX) were trading 33 points or 0.19% lower at 17,796 in today’s early morning trade. Asian markets were trading mostly in red with South Korea’s KOSPI falling 0.31%, […]