Day: August 7, 2023

Nifty to reclaim 19300 or sink further? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to reclaim 19300 or sink further? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded 0.13% lower during Friday’s early trading session at 19,403, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. The equity benchmarks snapped a three-day gaining streak on Thursday. Nifty 50 settled lower by 0.43% at 19,253.80, under the 19,300 mark, while Sensex fell 250 points to close at […]

Trucker body calls off strike after assurance by government on deferment of proposed Hit-&-Run lawTrucker body calls off strike after assurance by government on deferment of proposed Hit-&-Run law

The allegedly spontaneous strike by truckers across India which went underway for the last two days has now been called off. In a late evening meeting between All India Motor Transport Congress (AIMTC) representing the trucking & transport community and Union Home Secretary Ajay Bhalla, the concerns around the proposed Hit-&-Run law in the Bharatiya […]

Nifty to sustain above 19400 or fall? See Fed chair speech, FII data, F&O ban, crude, more before market opensNifty to sustain above 19400 or fall? See Fed chair speech, FII data, F&O ban, crude, more before market opens

GIFT Nifty traded 0.17% higher during Friday’s early trading session at 19,326, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. The equity benchmarks closed in the red on Thursday, erasing all morning gains. After touching an intraday high of 19,584.45, the NSE index crashed over 1% or 200 points to […]

Indigo shares crash 4.6% as Gangwal family offloads stake via block dealIndigo shares crash 4.6% as Gangwal family offloads stake via block deal

InterGlobe Aviation shares tanked 4.6% in trade on Wednesday as IndiGo co-founder Rakesh Gangwal offloaded 5.1% or around two crore shares in a block deal in early trade. The floor price for the offer was presumed to be set at Rs 2,400 apiece, which would come in at a 5.8% discount to Monday’s closing price […]