Shares of Adani Group companies remained under pressure on Tuesday even as flagship Adani Enterprises posted a profit for the quarter ended December (Q3) on coal trading and airports performance. Group companies have now lost over $125 billion, or Rs 10 trillion, in market capitalisation since the close of trading on January 24, a day […]
Benchmark indices BSE Sensex and NSE Nifty traded lower on Wednesday, erasing their gains from Tuesday’s session. Nifty 50 was lower by 0.5%, giving up the 18,100 mark at 18,064 while Sensex lost 280 points at 61,066. The broader markets traded mixed as Nifty Midcap 100 and Nifty Smallcap 100 managed to extend their winning […]
Stock Market Today, Nifty, Bank Nifty: Indian benchmark equity indices may fall further on Tuesday, after yesterday’s losses, as India’s CPI inflation in February remained above RBI’s tolerance range, stoking fears of more interest rate hikes. Investors are eyeing US CPI inflation data which is scheduled to be published today late in the evening. The […]
Narrowing current account deficit will help the rupee strengthen against the dollar and appreciate to around 79 by the second half of the current fiscal, says a foreign brokerage report. The rupee is likely to strengthen towards 79 by end-FY24 from an average of 82 to the US dollar in FY23, Tanvee Gupta Jain, the […]
By Hari Subramaniam In the bustling corridors of Indian hospitals, an urgent wail of a “Code Blue” alarm echoes far too often, setting the stage for critical, life-threatening medical emergencies that demand rapid and precise responses. These high-stakes situations, frequently triggered by cardiac or respiratory arrests, present a significant challenge not just for healthcare providers […]
By Nagaraj Shetti After showing sharp upside bounce from the lows on Tuesday, the strong upside momentum continued in the market on Wednesday and the Nifty closed the day with hefty gains of 293 points. Another long bull candle was formed on the daily chart with gap up opening. The upmove of the last two […]
Indian benchmark indices have outperformed global equity markets, and a large contributor to Nifty and Sensex’s gains has been Gautam Adani-led Adani Group. The multinational conglomerate’s primary arm Adani Enterprises gained 116% this year, more than doubling its investors’ wealth. On the other hand, the benchmark index Nifty 50 has only risen by 2.3% year-to-date. […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices remain unchanged on 3 January 2023 (Tuesday), keeping costs steady for about seven months now. The last country-wide change in fuel rates was on 21 May last year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per […]
Indian equity indices started Monday’s session in green. The BSE Sensex traded 334.56 points or 0.56% higher at 60,179.82 in early trading. The NSE Nifty 50 rose 97.55 points or 0.55% to 17,904.35. Mahindra & Mahindra, Tata Steel, HDFC Bank, Tata Motors and State Bank of India were the top gainers on Sensex while Sun […]
The financial support extended to MSMEs securing the ZED (Zero Effect, Zero Defect) scheme’s certification has crossed Rs 100 crore. At the time of filing this report, Rs 105.20 crore in financial assistance was offered to MSMEs under the scheme. Since its launch in April 2022 to encourage environmentally sustainable manufacturing practices among MSMEs, 1.60 […]
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