Bharat Forge, india’s casting & forging company held at its analyst meet in Pune recently. The company aims to expand its defence business manifold from sub-US$100mn per annum currently. It intends to achieve this through diversification of its portfolio offerings and catering to both domestic and export markets. The company is aiming at >12% revenue […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open in the red, as Nifty futures traded 40 points lower at 17,747 on the Singaporean exchange. Benchmark indices NSE Nifty and BSE Sensex extended gains on Tuesday and ended the session in green. The NSE Nifty 50 rose 0.15% to […]
By Prateek Pant Over the last few months, we have faced numerous questions from our clients– most of them pivoting around predicting near term market movements – (1) Should I liquidate my holdings given that markets are at all time highs? (2) How should I rebalance my portfolio given the ‘imminent’ tightening by global central […]
The Securities and Exchange Board of India (Sebi) has barred Karvy Stock Broking (KSBL) and its chairman C Parthasarathy from accessing the securities market for seven years in a final order issued on Friday. Parthasarathy has been additionally restrained from holding the post of director or any key managerial position or associating himself in any […]
Indian benchmark indices are likely to open in the red, hinted SGX Nifty on Friday. On the Singapore Exchange, Nifty futures were trading 0.5% lower at 17841 level. In the previous session, S&P BSE Sensex rose 142 pts to 60,806, while NSE Nifty 50 climbed 22 pts to 17,893. “Nifty’s technical landscape looked bullish and […]
NSE Nifty 50 and BSE Sensex may remain under pressure today amid negative global market sentiment. The Nifty futures on the Singapore Exchange (SGX) were down 25 pts or 0.15% trading at 17,373.50 in the early morning. Asian markets were trading mixed with China’s Shanghai Composite index rising 0.32%, Hong Kong’s Hang Seng climbed 1.99% […]
Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or […]
Benchmark indices BSE Sensex and NSE Nifty traded flat on Wednesday after paring the morning’s losses. Nifty 50 lost 4 points to trade at 18,262 while Sensex flitted between green and red. In the broader markets, most indices traded flat or mildly lower. Nifty Midcap 50 was down 0.1% while Nifty Smallcap 50 was 0.06% […]
Indian equity indices opened marginally in green on Friday. The NSE Nifty 50 rose 9.75 points or 0.05% to 18,001.90 and BSE Sensex rose 10.82 points or 0.02% to 60,364.09. The top Nifty gainers were Larsen & Toubro, Reliance Industries, ITC, Hindalco and Power Grid while Coal India, TCS, JSW Steel, Tech Mahindra and Bajaj […]
By Rahul Shah Markets cheered the New Year as equity benchmarks logged the best week in four months to start 2022 led the rally with the Nifty Bank, NBFC, and Nifty PSU Bank. Strong quarterly earning updates by corporates, hopes of good quarterly results, and FIIs switching to net buyers are some signs that are […]