Shares of most of the Adani Group companies continued their fall on Monday, hitting fresh lower circuits, despite a detailed rebuttal by the group to the allegations made by US short-seller Hindenburg Research. The bloodbath has erased over Rs 5.5 trillion in the group’s combined market capitalisation over the last three trading sessions. Last week, […]
Indian skincare startup Mamaearth has put its initial public offering (IPO) on hold because of weak market conditions, two people with direct knowledge of the matter said, a month after two other Indian companies also scrapped their share sales. Mamaearth parent Honasa Consumer Ltd filed its documents for an IPO in December, planning to raise […]
Equity benchmark indices Sensex and Nifty buckled under selling pressure after nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors. Intense selling in Infosys, which fell over 9 per cent after lower-than-expected revenue guidance for FY24, and HDFC twins also pulled the benchmarks down. Also Read: Gold Price Today, […]
Finance Minister Nirmala Sitharaman announced a push in the green energy sector in the Budget 2023. The announcement comes as India seeks to drive decarbonization and growth in sustainable energy. FM Sitharaman stated that the country would focus on green growth efforts to reduce carbon intensity and create green jobs. Green and renewable energy companies’ […]
Indian equity indices ended Monday’s session in the green territory. The Sensex closed above 61,100 while the Nifty settled above 18,100. The top gainers of the BSE Sensex were Tata Steel (up 5.81%), Tata Motors (up 1.83%), ICICI Bank (up 1.46%), Axis Bank (up 1.16%) and Mahindra & Mahindra (up 1.14%) while Asian Paint (down […]
By Siddharth Sharma A rapidly expanding economy and vast population put India at the forefront of the global climate challenge. Confronted with the unprecedented task of integrating climate change into her growth narrative, with an ambitious goal of reaching net zero by 2070, India is making noteworthy efforts to stride towards a sustainable, low-carbon future, […]
The benchmark indices retreated more than 1% on Wednesday amid weak global cues and volatility on the monthly futures and options (F&O) expiry day.Traders liquidated their positions ahead of the Adani Enterprises FPO while migration from T+2 to T+1 settlement for bluechip companies starting Friday led to some offloading, said experts. The BSE Sensex fell […]
After a nine-day winning streak, Nifty and Sensex’s rally might be cut short on Monday, as the SGX Nifty is trading in the red in the morning session. Nifty futures on the Singaporean exchange are at the 17,783.5 level, down by 87.5 points, indicating a negative start for the domestic equity indices, BSE Sensex and […]
After the sharp spike in FY23, Russia’s share in India’s oil imports may not rise further in the current year, analysts said, but they added that the country will likely continue to add more crude oil suppliers from different geographies at better rates.“India will not like to rely too much on just one country or […]
By Rajesh Palviya Nifty closed at 17895 with a gain of 277 points on a weekly basis. On the weekly chart, the index has formed a bullish candle however it has remained restricted within the previous week’s High-Low range representing a short term breather. The index is moving in a Higher Top and Higher Bottom […]
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