Adani Group stocks were hit further on Monday, following the downgrading of four group firms by Moody’s. Adani Enterprises slumped 7%, while Adani Ports shed 5.25%. Five group firms — Adani Total, Adani Transmission, and Adani Wilmar, Adani Green, and Adani Power — were locked in their lower circuit of 5% on Monday. Among other […]
Oil prices fell in early trade on Wednesday after industry data showed a big build in U.S. crude inventories, rather than the decline forecast by analysts, reinforcing fears about weakening demand even as supply tightens. U.S. West Texas Intermediate (WTI) crude futures fell 30 cents, or 0.4%, to $75.09 at 0128 GMT, paring a 3% […]
By Shivangi Sarda NSE Nifty 50 index opened flattish on Wednesday and witnessed buying interest from the first hour of the session. It took support near 16442 levels and headed towards 16650 zones then finally closed with gains of around 160 points. It formed a Bullish Engulfing candle or an Outside Bar on daily scale […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open in the green, as Nifty futures traded 44 points higher at 17,683.5 on the Singaporean exchange. On Friday, Nifty and Sensex ended flat, with Sensex settling at 59,655 and Nifty maintaining its position just under 17,625. “Mounting uncertainty in both […]