Domestic equity benchmarks opened in green on Friday amid positive sentiment in global markets. The BSE Sensex rose 184.6 points or 0.30% to 61,318.48 and NSE Nifty 50 advanced 50.75 points or 0.28% to 18,241.75. The top gainers of the Sensex were Bajaj Finance, Bajaj Finserv, Wipro, Tata Steel and State Bank of India while […]
Nifty, Bank Nifty options strategy: Nifty has started the April series on a positive note with the benchmark indices extending previous sessions’ gains, NSE Nifty 50 surpassing the 17500 level, and Bank Nifty trading above 41000. IIFL Securities has shared the Nifty and Bank Nifty options trading strategies for the April series, which it says […]
Capital markets regulator Sebi on Thursday provided clarity on transaction made by Alternative Investment Funds (AIFs) in corporate bonds through Request For Quote (RFQ) platform. In its circular, the Securities and Exchange Board of India (Sebi) clarified that all transactions in corporate bonds, wherein AIF is on both sides of the trade would be executed […]
Bonds fell and the dollar rose on Thursday as roaring U.S. retail sales had investors reckoning on interest rates staying higher for longer to temper demand, though stock markets were focused on the bright side for earnings and climbed a little. The S&P 500 rose 0.3% overnight. MSCI’s broadest index of Asia-Pacific shares outside Japan […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Monday, 20 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at […]
The country’s sugar production in the 2022-23 season (Oct-Sept) could decline by 9% to 32.5 million tonne (MT) from the previous year’s output of 35.9 mt, due to lower yield in Maharashtra and parts of Karnataka, according to an industry estimate. The crop has been affected by adverse weather conditions like excessive rainfall and lack […]
Indian benchmark indices are likely to open on a muted note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red at 17838 level. In the previous session, Sensex closed 123 pts down at 60,683 and the Nifty ended 37 pts lower at 17,856. “The recent move in the Nifty index shows […]
Ahead of the upcoming Parliamentary elections in neighbouring Bangladesh, Prime Minister Sheikh Hasina has pledged continued cooperation and friendly relations with India. As she unveiled the manifesto of the ruling Awami League party on Wednesday, she said if her party wins elections cooperation with India will continue. Foreign Policy Stressing the foreign policy priorities of […]
Jefferies hosted the the chairman, deputy managing director (finance), and chief financial officer of SBI for a non-deal roadshow (NDR) in the US and UK. During the NDR, two topical issues were discussed: the risk from SBI’s exposure to the Adani Group, and the bank’s plans for a capital raise. The management of SBI clarified […]
Oil prices rose for a second day on Tuesday on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly, while demand in China, the world’s biggest importer, looks set to increase. Brent crude futures rose 40 cents, or 0.5%, to $81.39 per barrel […]