Indian equity indices opened in red on Tuesday amid negative sentiment in global markets. The BSE Sensex fell 136.24 points or 0.22% to 61,031.55 and NSE Nifty 50 dropped 31.95 points or 0.18% to 18,165.50. The top gainers of the Sensex were Axis Bank, Bajaj Finance, Tata Motors, Tech Mahindra and State Bank of India […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading in the red on Monday as a result of negative global cues, while the silver rate is down 1.24%. On Multi Commodity Exchange, gold April futures were trading at Rs 55,307 per 10 grams, down Rs 125 or 0.23%. Silver March futures […]
Wall Street‘s major indexes were struggling for direction on Wednesday while U.S. Treasury yields fell with traders awaiting an interest rate hike from the U.S. Federal Reserve and for its view on the path forward for rates.Oil futures sold off sharply after a 5% slump on Tuesday as investors worried about the health of the […]
Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. Last week, the Sensex declined 940.37 points or 1.55 per cent. The market valuation of Infosys tumbled Rs […]
Indian benchmark indices are likely to open on a negative note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red at 17,963 level. In the previous session, Sensex closed marginally above 61,000, down 0.52% and the Nifty gave up 17,950. “Lack of major triggers in the domestic market is attracting global […]
India’s passive investing markets is growing at a healthy pace with total asset under management now at Rs 5.01 lakh crore making up 14% of industry, said Koel Ghosh, Head-South Asia S&P Dow Jones Indices and CEO, AIPL, A SPDJI and BSE Ltd JV. In an interview with Kshitij Bhargava of FinancialExpress.com, the S&P Dow […]
The Food Corporation of India (FCI) has sold 5.51 million tonne (MT) of wheat under the open market sale scheme (OMSS) so far in the fiscal, and officials say the sales in the current fiscal year would reach all-time high of 10 MT. This year, the FCI started offloading wheat from its stocks in June, […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to seven stocks/securities on Monday, December 19, 2022. Balrampur Chini Mills, Bharat Heavy Electricals Limited (BHEL), Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Indiabulls Housing Finance, IRCTC, Punjab National Bank (PNB) and Delta Corp are the stocks/securities placed on […]
A Romanian aircraft carrying 275 passengers, mostly Indians, on Monday left for India four days after they were detained by the French authorities at an airport near Paris over suspected “human trafficking.” “The plane, which had been grounded since Thursday, departed shortly after 14:30 p.m (local time),” BFM TV, a French news broadcast television and […]
By Dharmesh Shah Equity benchmarks endured their winning streak over a fourth consecutive week as Nifty gained 2.5% to settle the week at 18256. The broader market relatively outperformed as Nifty midcap, small-cap indices surged ~3%, each. b) current week’s low is placed at17879 Nifty Chart Bank Nifty Outlook: The Bank Nifty extended gains for […]