Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty and BSE Sensex may trade lower on Wednesday amid negative global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 31 points or 0.18% lower at 17,755 in the early morning trade. Asian markets were trading mixed with China’s Shanghai Composite Index rising […]
Bharti Airtel on Tuesday said it does not agree with an order it received under the Central Goods and Services Tax Act for levy of Rs 24.94 lakh penalty, and will take suitable action for rectification or reversal. The violation pertains to alleged irregular input tax credit claim from 2017-18 to 2021-22 and other related […]
By Subash Gangadharan Over the last few weeks, the Nifty has been stuck in a range between the 50 day SMA and 20 day SMA. On the 15 min chart, we observe that Nifty is now in a short term downtrend as evidenced by lower tops and lower bottoms made over the last 3 sessions. […]
The value of foreign portfolio investors’ (FPI) holdings in the domestic equities reached USD 584 billion at the end of December 2022, which was 11 per cent lower from preceding year, according to a Morningstar report. This was largely on low return given by the Indian equities and exodus of foreign money from the domestic […]
By Saumil Gandhi Most of commodities’ prices moved towards southward direction in last week except natural gas. Precious metals have corrected more than 1.0% last week amid expectation that the Federal Reserve will continue its aggressive monetary tightening to curb inflation. In energy complex, Crude oil prices tumbled by almost 5.0% as concerns over slowing […]
Israel’s war with Hamas in Gaza will likely cost it at least another 50 billion shekels ($14 billion) in 2024 and result in a near-tripling of its budget deficit, the Finance Ministry said on Monday, projecting that fighting will last through February. Briefing lawmakers, the ministry’s deputy budget commissioner Itai Temkin said the war was […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Wednesday amid mixed global cues, while the silver rate is up 0.14%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,930 per 10 grams, up Rs 32 or 0.06%. Silver March futures were trading up by Rs […]
SGX Nifty traded in the red, indicating a lower start for the domestic Indian equity markets at 17,514, down 61 points. On Monday, markets extended their gaining streak, as Nifty rose 0.22% to 17,398, while Sensex added 114 points to settle at 59,106. “Investors were of the view that the easing price pressure would provide […]
Inflation data, both at domestic and global level, interest rate scenario in the US, geopolitical situation and general elections in 2024 are some of the major factors that would influence trading in the equity market this financial year, analysts said. Besides, foreign fund trading activity and global trends will also dictate terms in the equity […]
In the complex world of finance, keeping an eye on the ever-evolving landscape is essential for making successful investment decisions. As we step into 2024, it’s crucial to identify and understand the investment themes that are likely to shape the Indian stock market in the year ahead. In this article, we will explore the five […]