Indian benchmark indices are likely to open in the green today as hinted by the SGX Nifty which is 0.3% higher at 18,340. Nifty Futures gained 60 points on the Singaporean exchange. In the previous session, NSE Nifty recovered 200 points from its intraday low and closed at 18,191, while BSE Sensex gained 0.3% to […]
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 […]
Foreign institutional investors (FII) sold shares worth a net Rs 6,792.8 crore while domestic institutional investors (DII) bought shares worth a net Rs 5,512.63 crore on Monday, January 30, 2023, according to the data available on NSE. For the month till January 30, FII sold shares worth a net Rs 36,025.09 crore while DII bought […]
Despite strong global headwinds roiling financial markets worldwide, India’s equity market stood strong this year as a stellar performance of bluechips saw the 30-share Sensex soaring 4.94% so far, The 50-share Nifty has risen 4.82%. But 2023 is likely to be choppy and the returns might be moderate as a raft of factors, including geopolitical […]