GIFT Nifty traded flat at 19,614, marginally up 0.07%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously on Monday, the NSE Nifty 50 fell 0.72% to settle at 19,512.35, while the BSE Sensex tanked 483.24 points to 65,512.39. “An unforeseen escalation in the Middle East has rekindled […]
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Balasore triple train crash: Indian Railways resumes passenger train services – See PhotosBalasore triple train crash: Indian Railways resumes passenger train services – See Photos
1/9 Indian Railways has commenced the operation of passenger trains on the tracks in Odisha’s Bahanaga Bazar railway station. The tracks suffered severely damaged due to the triple train accident. (Reuters Photo) 2/9 A train arrives at the Bahanaga Bazar station as a railway employee shows a green flag, near the site of a train […]
Dollar plunges as US inflation cools-off; rupee sees volatility but remains range-bound on equity inflows, RBI buyingDollar plunges as US inflation cools-off; rupee sees volatility but remains range-bound on equity inflows, RBI buying
By Gaurang Somaiya Rupee remained a bit choppy this week and volatility remained elevated after the release of inflation numbers on the domestic as well as global front. There has been quite a bit of see-saw that has been seen in the market and that is led by a couple of important events that unfolded […]
Rupee set to rise as US dollar, yields retreat after weak job openingsRupee set to rise as US dollar, yields retreat after weak job openings
The Indian rupee is expected to advance on Wednesday after weaker-than-expected U.S. job openings prompted a decline in the U.S. dollar index and Treasury yields. Non-deliverable forwards indicate rupee will open at around 82.60 to the dollar compared with its previous close of 82.7050 . In wake of the decent sized down move on (U.S.) […]
JSW Infrastructure to launch IPO, get listed this monthJSW Infrastructure to launch IPO, get listed this month
JSW Infrastructure, the ports business of Sajjan Jindal-led JSW Group, is planning to list the firm on Indian bourses by September-end after it received Sebi approval to raise `2,800-crore through an Initial Public Offering (IPO). The initial stake sale, slated to open by the last week of this month, would be the first IPO from […]
HDFC Bank: Jefferies says recent revamp plans to support growth, see 33% upside and maintains ‘Buy’ at Rs 2030HDFC Bank: Jefferies says recent revamp plans to support growth, see 33% upside and maintains ‘Buy’ at Rs 2030
HDFC Bank is revamping some parts of its top management as the bank seeks to drive growth in mortgages, where Arvind Kapil will get exclusive charge and optimise branch ramp-up where responsibilities will be split geographically. IT and Digital also get a needed direct reporting to CEO. Ramp-up of deposits and housing book will be […]
Pyramid Technoplast shares climb nearly 13 pc in debut tradePyramid Technoplast shares climb nearly 13 pc in debut trade
Shares of packaging company Pyramid Technoplast Ltd on Tuesday made its market debut with a premium of nearly 13 per cent against the issue price of Rs 166. The stock began the trade at Rs 185, up 11.44 per cent from the issue price on the BSE. It further jumped 13.25 per cent to Rs […]
Rupee may inch up tracking US Treasury yields fall, soft dollarRupee may inch up tracking US Treasury yields fall, soft dollar
The Indian rupee is expected to advance on Tuesday in the wake of a pullback in U.S. Treasury yields and the dollar in the lead-up to a slew of key economic data. Non-deliverable forwards (NDF) indicate rupee will open slightly higher to the U.S. dollar from 82.63 in the previous session. “Having said that, it […]
Android users, WhatsApp to end your free run with unlimited chat backups on Google Drive this yearAndroid users, WhatsApp to end your free run with unlimited chat backups on Google Drive this year
WhatsApp will no longer give you unlimited chat backups on Android, ending almost half a decade of free run for users. The change which came into effect late last year beginning with beta testers will start to apply for everyone this year. WhatsApp in fact seems on course to roll it out globally within the […]
Samsung Galaxy S24 series leaks are getting out of hand; here’s everything we know so farSamsung Galaxy S24 series leaks are getting out of hand; here’s everything we know so far
Samsung can’t catch a break with the Galaxy S24 series leaks. Frankly speaking, there are getting a little out of hand now. While unofficial channels are one thing, Samsung can’t seem to keep its official sale partners in check, too. Everything from the launch date— which is all but confirmed for January 17— to its […]