The national capital witnessed dense fog on Thursday (December 28), maintaining the cold wave’s influence in northern India. Delhi residents experienced a hazy morning with low visibility and disruptions due to the thick layer of fog. As per the IMD forecast, the maximum and minimum temperatures is expected to settle around 21 and 6 degrees […]
By Dharmesh Shah Equity benchmarks extended losses tracking weak global cues post US FOMC meet outcome last week. The NSE Nifty 50 index ended the week at 15294 down 5.6%. The broader market indices extended weakness as Nifty midcap, small cap indices lost ~6% and 8%, respectively. Sectorally, all major indices ended in red weighed […]
Foreign portfolio investors (FPIs) continue to be buyers of Indian equities in May and invested Rs 10,850 crore in the last four trading sessions due to the country’s stable macroeconomic environment, robust GST collection and better-than-expected corporate quarterly earnings. This came following a net infusion of Rs 11,630 crore in equities in April and Rs […]
By Sameet Chavan The positive global cues have led to a promising start to our market on the weekly expiry session. The initial gap up in the benchmark index was sustained throughout the day, suggesting an encouraging sign for the market participants. The rub-off effect of the positivity was visible across the board as the […]
Asian markets extended a risk rally on Wall Street on Friday to end a tumultuous week that saw a brewing banking crisis send bond yields plunging while market participants sharply lowered expectations of future interest rate hikes in Western economies. Overnight, the European Central Bank (ECB) delivered an inflation-fighting 50 basis point rate hike in […]
Oil prices were little changed in early Asian trade on Monday, after settling down $2 a barrel on Friday, as rising supplies in the United States and forecasts of more interest rate hikes cooled optimism over China’s demand recovery. Brent crude slid 9 cents, or 0.1%, to $82.91 a barrel by 0051 GMT. U.S. West […]
Mergers and acquisitions (M&A) have always been part and parcel of the Indian media and entertainment industry. And while 2023 saw its fair share of M&A deals, it is believed that next year will take a bigger turn with two impending deals – Zee Entertainment Enterprises Limited (ZEEL)-Culver Max Entertainment (the erstwhile Sony Entertainment), besides […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian share markets ended the first trading session of 2023 on a positive note as the frontline indices closed with firm gains. BSE Sensex closed 327 points higher at 61,168. Though this was off the day’s high of 61,223. NSE Nifty 50 settled at 18,197, […]
Indian benchmark indices are likely to open on a mildly negative note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red at the 17,792 level. In the previous session, Sensex closed flat at 60,673, down 0.03% and the Nifty extended losses for a second session . “Despite opening gains, negative cues […]
BSE Sensex and NSE Nifty trade in the red amid negative global cues and volatility. The NSE Nifty is down at 18,361, giving up the 18,400 level while Sensex is at 61,669, down by 120 points as bulls-bears tussle for dominance. Reliance Industries, Infosys, Axis Bank, HDFC and L&T are the most active Nifty 50 […]