Oil prices rose in light trade on Tuesday on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil. Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up […]
The Indian Rupee is likely to depreciate on Thursday mainly on the back of a surge in crude oil prices. Oil prices rallied after data showed larger than expected draw in US crude stockpiles. Meanwhile, weakness in dollar and optimistic global markets sentiments may prevent a sharp fall in the local currency. Additionally, RBI’s monetary […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to three stocks/securities on Wednesday, December 14, 2022. Bharat Heavy Electricals Limited (BHEL), Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) and Delta Corp are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade […]
By Rajesh Palviya In Nifty 50’s current series, a Long Unwinding has been witnessed with decrease in price of (-2.12%) and decrease in OI by (-54%) as of Wednesday wherein there was shedding of 56.58 lakh shares in OI, decreasing from 104.84 lakh to 48.25 lakh shares ahead of monthly expiry scheduled on Thursday. Nifty […]
Alibaba‘s logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in the Asian financial hub. Cainiao Network Technology’s initial public offering (IPO) plan comes after Alibaba flagged in late March it […]
Punjab and Sind Bank on Tuesday reported a 32% year-on-year increase in its net profit for the fourth quarter of the previous fiscal despite a marginal decline in the net interest income. The lender reported a net profit of Rs 456.99 crore for the quarter ended March 31, 2023, registering a 22.4% increase on a […]
US stock index futures were subdued on Thursday ahead of the keenly awaited December inflation data that would offer more clues on the Federal Reserve’s path of monetary tightening. The inflation report, due at 8:30 a.m. ET (1330 GMT), is expected to show US Consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% […]
Indian benchmark equity indices closed Monday’s session broadly higher. The BSE Sensex closed above 60,200 and the NSE Nifty 50 settled above 17700. Bank Nifty concluded above 41350. The top gainers of the Nifty 50 were Adani Enterprises (up 5.45%), Tata Motors (up 2.92%), ONGC (up 2.56%), NTPC (up 2.35%) and Power Grid (up 2.32%) […]
Indian equity indices opened in red on Wednesday amid negative sentiment in global markets. The BSE Sensex fell 78.69 or 0.13% to 61,215.51 and NSE Nifty dropped 20.05 points or 0.11% to 18,212.50. The top Nifty gainers were IndusInd Bank, Britannia, BPCL, Sun Pharma and Asian Paint while the top losers were Hindalco, ONGC, JSW […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Monday, 1 May across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last eleven months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and […]