By Dilip Parmar The Indian rupee is expected to appreciate following overnight weakness in the dollar index after US inflation cooled in December. The implied opening from the forward suggests USDINR could trade at 81.25. On Thursday, spot USDINR fell 2 paise to 81.55, registering the fourth decline in a row following stronger Asian peers […]
By Jyotivardhan Jaipuria FY23 was a year of consolidation for markets globally as well as in India against the backdrop of the Russia-Ukraine conflict and the sharp rate hikes by central banks. So what does FY24 portend? We think FY24 will be a better year for equities though returns can be back-ended. We see three positives […]
Foreign institutional investors (FII) bought shares worth a net Rs 432.15 crore while domestic institutional investors (DII) purchased shares worth a net Rs 516.64 crore on Wednesday, February 15, 2023, according to the data available on NSE. For the month till February 15, FIIs sold shares worth a net Rs 2,354.37 crore while DIIs bought […]
Mutual funds (MFs) have invested more as anchor investors in initial public offerings (IPOs) this year than foreign portfolio investors (FPIs). MFs have put in Rs 9,026 crore as anchor money in CY22 compared with Rs 7,105 crore put in by FPIs, data from Prime Database show. This is the first time since 2014 that […]
By Nuvama Research In its FY22 annual analyst meet, Siemens (SIEM) team narrated highlights across key verticals, re-iterating many structural trends driving new orders growth. Barring distribution and generation solutions, most other segments – railways, datacentres, conventional manufacturing (petrochem, F&B, auto, chemicals, steel etc.) – are driving new orders growth with some delays in TBCB […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices remain unchanged on Tuesday, 17 January 2023, keeping costs steady for more than seven months now. In Delhi, petrol price is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is […]
Stock Market Today, Nifty, Bank Nifty: Nifty and Sensex may trade higher on Wednesday amid positive global market cues as investors await US Federal Reserve’s rate hike decision which will be announced late evening today. The Nifty futures on the Singapore Exchange (SGX) were trading 13 pts or 0.08% higher at 17,157.00 in the early […]
Nestle India Ltd on Wednesday declared an interim dividend of Rs 27 per equity share of Rs 10 each for the calendar year 2023. Nestle has announced April 21 as the record date for determining the eligibility of shareholders for interim dividend payment. “This is to inform you that the Board of Directors at their […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open in the red, as Nifty futures traded 31 points lower at 17,798 on the Singaporean exchange. Benchmark indices NSE Nifty and BSE Sensex added gains on Wednesday to end the session in green. The Nifty 50 rose 0.25% to 17,813 […]
Foreign institutional investors (FII) sold shares worth a net Rs 144.73 crore while domestic institutional investors (DII) offloaded shares worth a net Rs 205.25 crore on Thursday, February 9, 2023, according to the data available on NSE. For the month till February 9, FIIs sold shares worth a net Rs 6,872.23 crore while DIIs bought […]