Rupee opened marginally higher at 82.69 per dollar on Wednesday against the previous close of 82.70 per dollar. The local unit is expected to depreciate today amid persistent FII outflow and surge in crude oil prices. Meanwhile, investors will closely watch RBI’s monetary policy, where the central bank is expected to hike interest rate by […]
Indian benchmark indices are likely to open on a mildly positive note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green at the 17,629 level. In the previous session, Sensex closed in the red at 59,606, down 0.23% and the Nifty extended losses for a fifth session. “The equity market traded […]
Sensex and Nifty may inch closer to their all-time highs by the end of this year, said Sandeep Bhardwaj, CEO, Retail, IIFL Securities in an interview with Kshitij Bhargava of FinancialExpress.com. He said that with the recent correction in the stock market, Dalal Street looks very attractive considering the long-term growth opportunity. He shared views […]
By Shrikant Chouhan The benchmark indices witnessed profit booking at higher levels, the NSE Nifty 50 ended 153 points down while the BSE Sensex was down by 567 points. Among sectors, Reality, Media, IT and FMCG stocks witnessed correction sharply, down over 1.5 per cent whereas buying interest was seen in selective Energy stocks. Technically, […]
By Devarsh Vakil Last year before Diwali, India was grappling with the aftermath of the first Covid-19 infections wave and there were considerable uncertainties on how the pandemic will impact India and globe. Stock markets had recovered from a steep Covid-19 induced fall and benchmark nifty was pushing near pre-Covid all-time highs levels of 12000 […]
The cost pressures of Divis Labs are easing across major factors, indicating improved profitability going forward. The outlook for contrast media segment remains encouraging, given DIVI’s capability to have better Iodine recovery and limited investment by formulators to manufacture API. The green-field capital expenditure at Kakinada would not only cater to the company’s growth requirements […]
RBI’s release on loans’s highlights several key takeaways: (i) there are signs of a reversal from cyclical highs in loan growth following a strong period of growth; (ii) this trend is observed in almost all key geographic markets, including states and regions; (iii) the trend is also reflected in the size of loans being issued; […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open in the green, as Nifty futures traded 44 points higher at 17,683.5 on the Singaporean exchange. On Friday, Nifty and Sensex ended flat, with Sensex settling at 59,655 and Nifty maintaining its position just under 17,625. “Mounting uncertainty in both […]
Symbiosis International (Deemed University) (SIU) is now accepting applications for its undergraduate programmes. The university has announced the application dates for its entrance tests, which facilitate admission to various undergraduate programmes offered by institutes under its umbrella. These entrance exams include SET – General (Symbiosis Entrance Test), SET – Law (Symbiosis Law Admission Test or […]
Indian benchmark indices are likely to open on a tepid note amid mixed global cues. SGX Nifty futures traded 30 pts higher at 17,975 level, signalling a flat-to-positve start for the domestic share market. In the previous session, BSE Sensex fell 168 pts to 60,093, while NSE Nifty 50 dropped 62 pts to 17,895. “Consistent […]