The US Fed’s hawkish tone prompted a fall in the international and domestic share markets today. Indian equities still remain attractive for long term investors, albeit with a little concern over valuations amid rising interest rates, say experts. The markets had priced in a 50 bps rate hike from the FOMC (Federal Open Market Committee), […]
Indian equity indices opened in the green but within minutes turned red on Tuesday, February 7. The BSE Sensex fell 48.41 pts or 0.08% to 60,458.49 and NSE Nifty 50 slipped 2.30% or 0.01% to 17,762.30. The top gainers on Sensex were IndusInd Bank (up 1.35%), Bajaj Finance (up 0.83%), Bajaj Finserv (up 0.59%), UltraTech […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Tuesday despite mixed global cues, while the silver rate is down 0.22%. On Multi Commodity Exchange, gold April futures were trading at Rs 56,951 per 10 grams, up Rs 366 or 0.65%. Silver March futures were trading lower by Rs […]
The Christmas spirit reached new heights as Alia Bhatt and Ranbir Kapoor shared an enchanting moment with the world, revealing their daughter Raha’s delightful face. Donned in festive attire, the couple was captured arriving at the Kapoor family’s Christmas gathering in Mumbai’s Juhu, cradling baby Raha in their arms. The adorable images showcased Raha in […]
Domestic equity indices extended the previous session’s losses with NSE Nifty 50 trading below 17,800 and BSE Sensex below 59,700. The 30-share BSE benchmark fell 221.58 pts or 0.35% to 59,736.45 and NSE Nifty 50 dropped 0.33% to 17,799.30. The top gainers of the Sensex were Tata Steel, NTPC, IndusInd Bank, Mahindra & Mahindra and […]
It’s 15 years since Sweden’s Spotify Technology, co-founded by Daniel Ek, launched its music streaming service as a legal all-you-can-eat middle ground between online piracy or paying $20 for an album. At the time, the music industry was slashing jobs and struggling with the MP3’s rise: In the digital domain, “copies are not just cheap, […]
By Bhavik Patel OPEC+ is set to meet on Monday but there is little chance of any production cut as oil has smartly recovered. Even though prices were falling due to the banking crisis, OPEC had sent clear signals to the market that they will be staying the course and will not react to any […]
Vedanta share price rose 0.53% to Rs 286.60 on Thursday after the group’s chairman Anil Agarwal assured investors that the company has enough funds to pay upcoming debt maturities worth $900 mln. The billionaire in an interview said that the group’s commodities businesses were ‘throwing off enough cash’ and expects $9 bln of profit across […]
Led by Dr Naresh Trehan, renowned cardiologist, Global Health Ltd (Medanta) is amongst the top private hospitals in North India, specialising in cardiology and cardiac science, neuroscience and oncology. Medanta’s strong positioning in North India along with expansion in underserved areas like Lucknow and Patna should drive 17% revenue CAGR along with 70bp margin expansion […]
By Amit Pabari The inflation in the US began to rise from the beginning of 2021 from 2% to peak at around 9.1% in June whereas the Fed began to rise rates in March 2022 from 0.25% to 4.5% up-till December 2022. Since the inflation began to fall sustainably from July 2022 and markets got […]
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