Stock market benchmark indices climbed in early trade on Wednesday, extending their rally for the eighth day running, following strength in most of the Asian equity exchanges and continuous foreign fund inflows. Also, buying in index majors Reliance Industries, HDFC twins and Tata Consultancy Services added to the positive trend in the equity market. The […]
Indian share market is likely to open on a positive note on the week’s last trading day, hinted SGX Nifty. On the Singapore Exchange, Nifty futures traded higher at 17688 level. In the previous session, BSE Sensex gained 224 pts to 59,932, while NSE Nifty 50 fell 6 pts to 17,610. “Global cues are gradually […]
The Rs 20,000 crore follow-on public offering (FPO) of Adani Enterprises got off to a shaky start on Friday, with investors bidding for 470,160 shares against 45.5 million shares on offer, data from BSE as of 5 pm showed. This means an effective subscription of 1%. The quota for non-institutional and retail investors was subscribed […]
A suspected Chinese spy balloon found flying over American land has caused the discord between the US and China to grow further. Analysts and experts believe that the mounting geo-political tension between the territorial giants could cause dismay for investors and markets across the globe. The balloon carried surveillance equipment, according to American officials familiar […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Friday, 14 April, as there was no change in the figures across major cities including New Delhi, Kolkata, Mumbai, and Chennai compared to Thursday. This is the second day that some of the major metropolitan cities have […]
Riding on a rise in public offerings and direct sales, secondary sales by financial sponsors have been steadily rising since 2019 and recorded $4.6 billion in calendar year 2022 (CY22). However, this is nearly half of the $10.65 billion secondary sales recorded in CY21. The total exits by the financial sponsors – private equity and […]
The tech-focused Nasdaq fell more than 1% on Monday as megacap growth stocks including Apple, Amazon and Alphabet declined ahead of their earnings reports this week, while investors also awaited key central bank meetings. The U.S. Federal Reserve is seen hiking the Fed funds rate by 25 basis points (bps) at the end of its […]
Oil prices eased in early Asian trade on Thursday after weak U.S. job openings data signalled cooling economic conditions which may hit demand. West Texas Intermediate U.S. crude was down 14 cents to $80.47 a barrel at 2241 GMT. On Wednesday, Brent crude futures settled up 5 cents, or 0.1%, at $84.99 a barrel. Prices […]
Domestic indices opened on a higher note on Friday amid positive global market sentiments. The BSE Sensex surged 202.46 pts or 0.34% to 59,808.26 and NSE Nifty 50 advanced 57.25 pts or 0.33% to 17,568.50. The top gainers on Nifty 50 were Divis Lab (up 2.15%), Adani Ports (up 1.55%), Bajaj Finserv (up 1.08%), UPL […]
Indian equity indices opened in the green territory on Monday after falling nearly 1% on Friday. The 30-share benchmark BSE Sensex was trading 89.67 points or 0.15% higher at 61,427.48. The NSE Nifty 50 was up 3.95 points or 0.02% at 18,272.95. The top gainers on the Sensex were Power Grid, ITC, Nestle, Bajaj Finserv […]