Indian equity indices surged on Wednesday after RBI MPC raised the key interest rate by 25 basis points, taking the repo rate to 6.5%. The rate hike was in line with market expectations. The Nifty closed above 17850 and Sensex settled above 60650. The top gainers of the BSE Sensex were Bajaj Finance (up 3.14%), […]
Indian equity indices rallied over 1.5% on Friday with Sensex closing above 60,800 and Nifty 50 settling above 17,850 led by heavy buying in banking shares and recovery in Adani Group stocks. During the day indices remained volatile, but towards the end of the session, they surged, ending broadly in green. The NSE Nifty 50 […]
By Dilip Parmar In the week gone, the Indian rupee recovered after registering four weeks of fall, as high-frequency data pointed to better growth prospectus. The foreign fund inflows, lower crude oil prices and the central bank’s intervention supported the local unit to outpace the regional currencies. Spot USDINR fell one-tenth of a percentage to close […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices suffered huge losses on Wednesday dragging Nifty 50 below 17,560 and Sensex below 59,750. The Bank Nifty breached the crucial level and closed below 40000 as the negative global market sentiment triggered bloodbath on Dalal street. The Nifty 50 fell 272.40 pts or […]
IndiGo Airlines is all set to launch direct flights between Mumbai and Ayodhya from January 15 next year. The carrier is also slated to commence its direct service to important centres like Delhi and Gujarat from Ayodhya.The announcement has come in the backdrop of IndiGo’s inaugural operations at the soon-to-be-inaugurated Maryada Purushottam Shri Ram International […]
By Rajat Mishra Though international crude prices have fallen by 25% since the end of March 2022, state-run oil marketing companies (OMCs) have kept retail prices of auto fuels on hold since May 2022, in a bid to recoup the losses incurred in the last two quarters, when crude prices remained at elevated levels. Analysts […]
With the arrival of winter, as temperatures plummet, dandruff often becomes an unwelcome companion. The cold, dry air strips the scalp of its natural moisture, leading to flakiness and itching. According to experts, the combination of chilly winds and indoor heating exacerbates the problem, leaving a trail of tiny white flakes on shoulders. While warm […]
By Manish Gupta The government’s new gas pricing formula may result in city gas distributors (CGDs) lowering the prices of compressed natural gas (CNG), used by vehicles, and piped natural gas (PNG), used by homes, by up to 11% early next week. On Thursday, the Cabinet approved a new gas pricing regime that links it […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open in the red, as Nifty futures traded 71 points lower at 18,149.5 on the Singaporean exchange. Benchmark indices NSE Nifty and BSE Sensex ended Tuesday’s session in the green territory. The NSE Nifty 50 surged 82.65 points to 18,147 and […]
By Rohan Patil In the past, three to four occasions whenever the Nifty enters a correction phase, the 21-day exponential moving average has acted as an anchor point for the index. On the open interest front, good participation and open interest addition were seen in the 18000 Call and 17800-17700 Put contracts. Thus, we can […]