English all-rounder Tom Curran’s appeal to have his four-match ban overturned for intimidating an umpire during a recent Big Bash League match has been dismissed. Cricket Australia had charged Curran on Thursday with a level-three offence under clause 2.17 in the code of conduct following an incident that occurred during the Sydney Sixers’ team warm-up […]
It’s too late for the investors to take money off the table as stock markets might bottom in the next 4 weeks, Sandip Sabharwal, investment advisor, said, adding that it doesn’t make sense to exit now. In an interview with Surbhi Jain of FinancialExpress.com, Sabharwal also said that investors should wait before making new investments […]
Five of the top 10 valued firms together added Rs 88,604.99 crore to their market valuation last week, with State Bank of India and ICICI Bank emerging as the biggest gainers. While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains in their market valuation, Reliance Industries, Tata Consultancy Services […]
Tata Consultancy Services Ltd shares rose 1.5% on Wednesday ahead of the Q4 results announcement. TCS stock touched an intraday high of Rs 3,260.95 and closed at Rs 3,245.50. In comparison, NSE Nifty 50 rose 90.10 pts or 0.51% settling at 17,812.40 and Nifty IT surged 304.55 pts or 1.06%, concluding at 28,980.30. The company’s […]
The index maintenance sub-committee of NSE Indices, a subsidiary of the NSE, on Wednesday revised the methodology for treatment of demergers involving the Nifty equity indices. The change is expected to help reduce the churn in index constituents resulting from corporate action involving demergers. It will be applicable to the scheme of arrangement of all […]
Rising for the second straight session, the rupee appreciated 8 paise to close at 82.09 (provisional) against the US dollar on Friday, supported by softening crude oil prices in the international markets. However, a muted trend in domestic equities and foreign fund outflows capped the gains in the rupee, traders said. Also read: Where is […]
By Rajesh Palviya In Nifty current series there has been a Long Unwinding witnessed with decrease in price of -2.95% and decrease in OI by -2% as on today wherein there was shedding of 1.51 lakh shares in OI, decreasing from 85.15 lakh to 83.64 lakh shares. Nifty current month rollover stands at 30.45% as […]
By Ritika Chhabra The Federal Reserve hiked the Fed fund rate by 75bps yesterday, in line with the market expectations. Counting in the latest hike, the policy rate is now set to a range of 2.25% to 2.5%. This is the first back-to-back 75bps rate hike in the US since the 1980’s. However, what cheered […]
Bharti Airtel share price jumped 1% to Rs 797.4 today after the telecom giant’s board recommended a final dividend of Rs 4 per fully paid-up equity share and Re 1 per partly paid-up equity share of face value of Rs 5 each for FY22-23. Airtel’s net profit jumped 49.7% to Rs 3005.60 crore in Q4FY23 […]
The Indian share market outperformed most other markets last year, benefitting from better management of macros including inflation, and corporate earnings that did not disappoint despite challenging times. India got a larger than proportionate share of FPI funds directed towards emerging markets. Benchmark indices BSE Sensex and NSE Nifty 50 managed to end more than […]
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