NSE Indices Limited, a subsidiary of the National Stock Exchange, launched India’s first-ever Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) Index called the Nifty REITs & InvITs Index on Monday, comprising six listed REITs and InvITs. The index will track the performance of publicly listed or traded REITs and InvITs at the […]
Indian equities have seen a significant time correction in the past year and a half. The benchmark BSE Sensex was at 59,106 as of Monday’s close, which is below the levels the gauge was trading at in October 2021. Has the market, then, become cheaper? Yes, and no. The valuation differential between India and China […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Thursday’s muted session flat. The NSE Nifty 50 rose 5.70 points or 0.03% to 17,624.45 and BSE Sensex rose 64.55 points or 0.11% to 59,632.35. In sectoral indices, Bank Nifty rose 115.50 points or 0.27% to 42,269.50 and Nifty Pharma fell […]
Asian stock markets were pinned near seven-week lows on Thursday while the dollar stood at multi-week peaks, as a run of strong economic data had investors worrying interest rates will need to keep rising and stay high to put the brakes on inflation. MSCI’s broadest index of Asia-Pacific shares outside Japan touched its lowest since […]
A fleeting moment in western India on the evening of March 8 will remain etched in Nikita Punjabi’s memory forever: The first glimpse of her newborn daughter as the doctor held her up after delivery. Aniket Rai, nervously waiting during the birth, cried tears of joy when the nurse told him he had a baby […]
India’s agri export basket is dependent on just five commodities including rice and sugar and this makes the sector vulnerable to fluctuations in global prices and demand, a report by economic think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) said these five products — basmati rice, non-basmati rice, sugar, spices, and […]
Samsung has launched two new 5G smartphones under its Galaxy A-series in India. These are the Galaxy A25 5G and Galaxy A15 5G. While the A15 5G starts at just under Rs 20,000, the A25 5G is priced upwards of Rs 25,000. Spec-wise, the two phones seem competitive even if their design scheme might look […]
The majority of the portfolio management services (PMS) schemes underperformed the Nifty50 in FY23 amid sustained market volatility. As many as 56%, or 165 of the 297 PMS schemes were not able to beat the returns generated by the benchmark. The 297 schemes collectively delivered average returns of -0.1%, slightly higher than the -0.6% given […]
Hindenburg Research, the short investor whose reports on companies have erased a big chunk of their value, criticized Icahn Enterprises LP (IEP) on Tuesday over the reporting of its finances, leading to a 20% drop in the shares of activist investor Carl Icahn‘s firm. The development represents a rare challenge for Icahn who is accustomed, […]
By Sameet Chavan The Indian equity market has witnessed a strong expiry session, wherein the timid opening led by weak Asian cues got bought into by the bulls of D-street. The splendid move was backed by broad-based buying that has boosted the overall market sentiments and has showcased the assertiveness among the participants. The benchmark […]