German carrier Lufthansa Airlines will increase the frequency of its flights to and from India to 64 per week from January 16, the group’s senior director for South Asia, George Ettiyil, said. Currently, the per week frequency is 56 flights.Ettiyil said that the airline will start its Frankfurt-Hyderabad flights on Boeing 787–900 aircraft from January […]
Infosys losing a $1.5 billion AI deal from a global firm last week, and muted revenue growth guidance by Accenture, are clear indicators that domestic IT firms are from a recovery path, at least till the first of 2024 calendar year. Any chances of revival can only be expected by October, according to analysts. True, […]
By Rajesh Palviya Nifty started the previous week on a flat note and traded with extreme volatility on either side throughout the week. NSE Nifty 50 closed at 17110 with a loss of 69 points on a weekly basis. On the weekly chart the index has formed a “Doji” candlestick formation indicating indecisiveness amongst market […]
On the last day of the financial year and first day of the April series, the markets soared. Nifty touched a day’s high of 17,326, up 1.4% while Sensex gained 870 points to trade at the 58,837 level. All the sectoral indices and broader markets are trading firmly in the green as well. The top […]
Israel has put out a safety advisory for its people living in India and particularly in New Delhi after a ‘blast’ took place near its embassy in the national capital on Tuesday evening. Stating that the explosion could possibly be a “terror attack’, the Israeli National Security Council, in its advisory, asked Israelis to avoid […]
Oil prices held their ground on Wednesday after tumbling in the previous session as markets braced for minutes from the U.S. Federal Reserve‘s December policy meeting. The Fed raised interest rates by 50 basis points (bps) in December after four consecutive increases of 75 bps each. If the Fed intensifies its rate hikes, that could […]
By Dharmesh Shah Equity benchmarks ended the volatile week on a subdued note as Nifty lost 0.8% to end the week at 17375. The broader market relatively underperformed the benchmark as Nifty midcap, small cap lost 2% and 4%, respectively. Sectorally, metal, PSU Banks outshone while FMCG, IT, Realty relatively underperformed The escalated geopolitical tension […]
Owning a car is a big milestone in a person’s life. Most of the people save money to buy their dream car. When an individual buys a car, a dealer offers a lot of freebies to please them, such as hassle-free repairs, value-added services and more. As a third-party or basic car insurance policy is […]
Agricultural (agri) pump makers will see healthy revenue growth of 7-9 per cent in fiscal 2025, said a report by CRISIL Ratings. This, it added, will be supported by resilient domestic demand for conventional pumps and a surge in offtake of solar pumps, largely under the PM Kusum Scheme. This will follow a likely revenue […]
By Rajesh Palviya On the weekly chart, Nifty 50 index formed a long bearish candle forming lower High-Low compared to previous week indicating weakness at current levels. The index is moving in a Lower Top and Lower Bottom formation on the weekly chart indicating negative bias. The chart pattern suggests that if Nifty crosses and […]
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