Domestic indices erased early gains and ended Wednesday’s volatile session deeply in red. The NSE Nifty 50 settled below 17000, and the banking stocks index, Bank Nifty, concluded below 39100. The top gainers on Nifty 50 were Adani Enterprises, Adani Ports, Asian Paints, Tata Steel and Titan while the losers were Bharti Airtel, IndusInd Bank, […]
Indian share market is likely to open in green, hinted SGX Nifty on Tuesday. On the Singapore Exchange, Nifty futures were trading 0.48% higher at 17846 level. In the previous session, BSE Sensex fell 335 pts to 60,507, while NSE Nifty 50 declined 89 pts to 17,765. “The recent price action on the benchmark front […]
Sebi has imposed a penalty totalling Rs 20 lakh on Future Corporate Resources, Kishore Biyani and 13 others for failing to make a public announcement of an open offer to the shareholders of Praxis Home Retail. They have been asked to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Tuesday despite mixed global cues, while the silver rate is up 0.55%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,706 per 10 grams, up Rs 64 or 0.11%. Silver May futures were trading higher by Rs […]
By Nagaraj Shetti After showing an excellent upside recovery from the important support of 17000 mark, Nifty failed to continue with follow-through upmove on Wednesday and closed the day lower by 69 points. After opening on a positive note on Wednesday, the market moved up in the early part and formed a new swing high […]
The rupee fell by 65 paise to close at 82.73 (provisional) against the US currency on Monday, weighed down by gains in the greenback in the overtseas markets and a muted trend in domestic equities. Sustained foreign fund outflows and firm crude oil prices further dented investor sentiments, forex traders said. In the previous session […]
India’s economic recovery is still in early stages and will gain momentum going ahead, said Raghvendra Nath, MD, Ladderup Wealth Management in an interview with Kshitij Bhargava of Financial Express Online. The market veteran added that investors should use corrections, as the one recently seen, to invest in a phased manger with an eye on […]
By Rahul Shah Equity benchmark Index bounced back the first time in six weeks, aided by the surge in index heavyweight Reliance Industries, Auto and metal stocks. The five-week losing streak that ended on May 13 was the longest in two years. Sensex jumped 1,533 points or 3 per cent to close at 54,326. While […]
The number of demat accounts rose to 10.8 crore in December 2022, a surge of 34 per cent on yearly basis, on attractive returns from the equity markets, ease of account opening process and increased financial savings. Also, the incremental account additions of such accounts were higher in December in comparison with the preceding three […]
A recent study from Japanese researchers, disclosed on December 23, sheds light on a concerning aftermath of COVID-19. Even in the absence of evident heart disease, patients who have battled the virus might face a heightened risk of heart failure due to lingering viral presence in their hearts. The team, comprising experts from Riken, Japan’s […]