Oil prices rose in early Asian trade on Wednesday on anticipated U.S. crude inventory declines and OPEC+’s latest output cut targets. Brent crude futures gained 38 cents to $85.32 a barrel at 0021 GMT. West Texas Intermediate U.S. crude was up 33 cents to $81.04 a barrel. Helping boost oil prices was an industry report […]
Indian equity benchmark indices ended Monday’s volatile session in green. After falling over 1% intraday, Nifty and Sensex recovered losses and broke the 2-day losing streak. The Bank Nifty tanked over 1000 points during the day but managed to close in the positive territory. The top gainers on the BSE were Bajaj Finance (up 4.61%), […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Theoil pricesin the country have not been changed on 17 December 2022 and costs have been steady for about six months now. The last country-wide change infuel rateswas on 21 May this year, when Finance MinisterNirmala Sitharamanslashed excise duty on petrol by Rs 8 per […]
Fast-moving consumer goods company Hindustan Unilever (HUL) standalone net profit increased by 12% to Rs 2,505 crore. The company had reported a profit of Rs 2,243 crore in the year-ago period. The company’s standalone revenue from operations came in at Rs 15,228 crore, up 16% against Rs 13,092 crore logged in the corresponding quarter of […]
Indeed, a global hiring and matching platform, has shared insights that reveal Indian businesses are gearing up for changes in hiring in 2024. From what it’s understood, the focus has been on adopting AI and meeting the expectations of Gen-Z employees. According to an official release, 59% of employees have shown confidence in their ability […]
Indian benchmark equity indices concluded Thursday’s volatile session deeply in the red. The BSE Sensex closed below 59,850 and the NSE Nifty 50 settled below 17600. Bank Nifty concluded below 41300. The top gainers of the Nifty 50 were Tata Steel (up 1.60%), Larsen & Toubro (up 1.02%), Apollo Hospital (up 0.82%), Bharti Airtel (up […]
Indian benchmark indices stare at a positive start on weekly F&O expiry. SGX Nifty hinted at a positive start for domestic equities as Nifty futures traded 111 pts or 0.61% up at 18361 levels. In the previous session, BSE Sensex plunged 1%, while Nifty 50 plummeted 186 pts to 18,199. “Indian markets underperformed their Asian […]
By Siddhant Mishra The BSE midcap index slipped into the negative territory for 2022 on Friday, with the markets witnessed a huge fall. The index crashed 858.44 points, or 3.40%, to 24,426.79, on a day the Sensex slumped by almost 1,000 points to end below the 60,000-mark. Year to date, it has declined 2.18%. Also […]
The Indian Rupee opened lower at 82.63 per US dollar on Thursday amid weak global cues. The domestic currency is expected to depreciate today on the back of risk aversion in global markets and surge in crude oil prices. Market sentiments were hurt as the US Fed signalled that rates may move even higher than […]
By Dharmesh Shah Equity benchmarks extended correction over the second consecutive week amid elevated global volatility. The Nifty skidded 2.9% to end the truncated week at 17102. Sectorally, financials, auto and PSU outshone while IT, metal, realty underperformed. The index started the expiry week on a negative note and drifted southward in the initial part […]
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