Benchmark indices BSE Sensex and NSE Nifty traded lower on Friday as the HDFC twins dragged the indices. Nifty 50 tumbled under the 18,150 mark to 110 while Sensex slipped by 430 points at 61,321. The broader markets were largely red as Nifty Smallcap 50 dropped 0.66% while Nifty Midcap 50 was lower by 0.46%. […]
By Rajesh Palviya NSE Nifty 50 index closed at 16352 with a gain of 86 points on Friday on a weekly basis. On the weekly chart the index has formed a Bullish candle with a long lower shadow indicating buying at lower levels. The chart pattern suggests that if Nifty 50 crosses and sustains above […]
ICICI Bank (ICICIBC) has reported strong quarterly earnings that were in line with expectations. Despite making contingent provisions of Rs 16 bn, the core credit cost remains insignificant, which is a positive development for FY23. The bank’s core pre-provision operating profit (PPoP) grew by an impressive 36% y-o-y, and its net interest margins (NIMs) expanded […]
As the blanket of fog engulfs the national capital,approximately 110 flights both domestic and international have been delayed as per the Delhi Airport FIDS (Flight Information Display System).Flightoperations atIndira Gandhi International Airporthave been hit amid badweather conditions and low visibility. More information on the delays is awaited.On Tuesday, DelhiAirport officials reported that approximately 30 flights, […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading lower on Wednesday amid mixed global cues, while the silver rate is down 0.19%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,753 per 10 grams, down Rs 117 or 0.21%. Silver March futures were trading up by Rs […]
2023 seems to be the year when artificial intelligence (AI) applications started receiving the mainstream touch. Starting from chatbots all the way to Generative AI, it is believed to be the year when talks around the technology have increased amongst global authorities. Information supplied in the annual global survey by McKinsey & Company, a management […]
Benchmark indices BSE Sensex and NSE Nifty trimmed the morning’s gains to trade in the red. Sensex lost 136 points, at 59,470 while Nifty 50 was down by 0.28% at 17,462. The broader markets largely were in red, but a few small-cap indices traded flat. Sectorally, Nifty Metal tanked 2.81% while Nifty Media gained 0.5%. […]
In a significant turn of events, the Court of Appeal in Qatar has delivered its verdict in the Dahra Global case, resulting in reduced sentences for the individuals involved. The development comes weeks after Qatar’s Court of First Instance accepted the appeal filed by the Indian government against the death sentence awarded to the Navy […]
NSE’s Bank Nifty index hit a record high for the second consecutive session today, topping 44,000-mark in the morning trade, and maintaining above 44,100 later in the day. The index has outperformed the benchmark index NSE Nifty 50, gaining almost 24% year-to-date. Banking stocks’ outperformance has also buoyed the market, on the back of easing […]
Indian equity indices were trading marginally higher in the early morning trade on Tuesday amid mixed global cues. The Nifty 50 rose 21.50 pts or 0.12% to 17,866.10 and BSE Sensex climbed 123.85 pts or 0.20% to 60,815.39. The top gainers on Nifty were Adani Ports (up 1.69%), Cipla (up 1.46%), Hindustan Unilever Ltd (up […]