Benchmark indices BSE Sensex and NSE Nifty traded flat on Thursday, contining their range-bound movement. Nifty traded at 17,830, up 0.09% while Sensex gained 85 points to 60,385. The broader markets traded largely in the positive territory, with Nifty Smallcap 50 higher by 0.82% and Nifty Midcap 50 higher by 0.34%. The sectoral indices traded […]
State-owned lender Punjab National Bank on Friday raised Rs 974 crore via additional tier-1 bonds at 8.75% coupon rate, which is 35 basis points (bps) higher than its previous bond sale in December, according to sources aware of the matter. This was the first big issue of AT-1 bonds by a large bank in India […]
Gold price rose Rs 192 to Rs 55,261 per 10 grams in the national capital on Wednesday amid gains in precious metal prices internationally, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 55,069 per 10 grams. “Gold price is a little up in the Asian trading hours. Spot […]
If you live in Delhi and have faced last-mile connectivity issues, then you are not alone. And if you have wondered if you are the only one who thinks a metro station should be at a walkable distance from you, then your thinking is in line with Vikas Kumar, DMRC MD. In an interview with […]
The overall equity fundraising in the country is expected to touch $25 billion and the IPO market would grow 30% in calendar year 2023, despite sharp declines last year, according to Kotak Investment Banking. The equity fundraising is expected to reach pre-Covid levels this year. It fell by about 43% to $16.4 billion in 2022, […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Friday as a result of positive global cues, while the silver rate is down 0.34%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,820 per 10 grams, up Rs 125 or 0.22%. Silver March futures were trading […]
Oil steadied in early Asian trade on Thursday as a surprise draw in U.S. crude oil stockpiles that supported prices was offset by a smaller-than-expected cut to Russian supplies and stronger dollar. Brent crude futures were unchanged at $78.28 a barrel at 0020 GMT. West Texas Intermediate U.S. crude fell 6 cents, or 0.1%, to […]
By Rahul Shah Equity benchmarks rose for the second week in a row, aided by gains in metals, FMCG, energy, PSU banks and cement. Tech and media were the lone sectors that declined in the week. Investors reacted positively to the central bank’s continued efforts to support growth and its commitment to managing inflation. Consistent […]
By Shrikant Chouhan The benchmark indices witnessed a sharp pullback rally as the Nifty 50 ended 156 points higher while the BSE Sensex was up by 497 points. Among sectors, all major sectoral Indices traded in the green but the metal index gained the most, rallying over 3 per cent. Technically, on daily charts, the […]
Renewable energy solutions provider Suzlon Group on Thursday announced that it has bagged a new order for the development of a 300 MW wind power project for Apraava Energy Private Limited. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each at […]
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