Adani Group stocks have faced significant turbulence and heightened volatility since the release of the Hindenburg report on 24 January, which alleged that the Adani Group knowingly engaged in corporate fraud, stock market manipulation and improper usage of offshore funds. While a few of the conglomerate shares have seen a mild recovery on the bourses […]
By Dharmesh Shah Equity benchmarks edged higher tracking positive global cues. The Nifty settled the previous week at 16719, up 4.2%. Broader markets performed in tandem with benchmark. Sectorally, barring pharma, all other indices ended in green led by financials, IT, metal. The current 10% rally is longer in magnitude compared to intermediate rallies off […]
The domestic indices BSE Sensex and NSE Nifty closed in the green amid a volatile trading session. Sensex added 361 points to close at 60,927 while Nifty settled at 18,132, gaining 117.7 points or 0.6%. Bank Nifty added 0.54% to end at 42,859. Every BSE Sensex-30 constituent began trading in green as Tata Motors and […]
Dr. Shroff’s Charity Eye Hospital (SCEH) has reported a 26 percent increase in myopia cases, primarily affecting children from urban areas. Myopia is becoming a growing health concern for parents. According to a press statement, the strategies to mitigate its prevalence were discussed between national and international delegates at the first International Optometry and Vision […]
Adar Poonawalla-led NBFC Poonawalla Fincorp shares rose nearly 1% on Thursday after the company announced it would sell its housing arm to TPG Group for Rs 3,900 crore. The company’s board approved the sale of Poonawalla Housing Finance to Perseus SG Pte, an entity affiliated with TPG Global, LLC. Poonawalla Fincorp shares opened at Rs […]
Indian benchmark indices are likely to start the week on a positive note, hinted SGX Nifty on Monday. On the Singapore Exchange, Nifty futures traded 83 pts higher at 18,128 level. In the previous session, Sensex fell 237 pts to 60,622, while NSE Nifty 50 declined 80 pts to 18,028. “Nifty has been trading within […]
Global stock markets rose on Friday after US inflation eased in March and China reported unexpectedly strong exports. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices rose. Also read: Rs 40 lakh crore poured into FY23 as Indian retail investors continued equity SIPs undeterred Asian markets were “taking cues from […]
Benchmark indices Nifty and Sensex remained in the red in the intraday trade on Monday as IT stocks continued to slide. NSE Nifty 50 fell below the crucial 17600 level and BSE Sensex below 59500. In sectoral indices, Bank Nifty rose 64 points or 0.15% to 42,196.35 while Nifty IT tanked 1,558 points or 5.5% […]
By Siddhant Mishra and Joydeep Ghosh With the Sensex and Nifty slipping slightly over 0.4% on Friday, the Indian stock market indices closed in the red on the last trading day of 2022. But it did quite well in a year when all major indices fared badly due to the Russia-Ukraine war, rising inflation & […]
By Sameet Chavan The Indian equity market has witnessed a slender range-bound movement on the weekly expiry session until the fag end buying interest levitated the benchmark index. The respite from the selling spree of the FIIs and positive global traction has boosted our market participants, whose rub-off effect is evident in the broader market […]
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