The Reserve Bank of India has retained its projection for the price of Indian crude oil basket in the second half of the current financial year at $85 a barrel despite global production cuts announced by the Organization of the Petroleum Exporting Countries (OPEC), Saudi Arabia, and Russia till the end of the year. The […]
Month: January 2023
L&T Technology, AstraZeneca Pharma, Escorts Kubota among 128 stocks that hit 52-week highs; 8 touch 52-week lowsL&T Technology, AstraZeneca Pharma, Escorts Kubota among 128 stocks that hit 52-week highs; 8 touch 52-week lows
The benchmark equity indices are trading in positive territory during intraday trading on Wednesday. The NSE Nifty 50 is trading at 19,806.60, up 0.89%, while the BSE Sensex is trading at 66,458.18, up 378.82 points. The broader indices are also trading in the green, with gains led by Midcap and Smallcap stocks. Bank Nifty is […]
Stocks to Watch: Adani Enterprise, Tata Motors, Infosys, HDFC Bank, Ksolves IndiaStocks to Watch: Adani Enterprise, Tata Motors, Infosys, HDFC Bank, Ksolves India
GIFT Nifty traded up 34 points, or 0.17%, at 19,734.50, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. On Friday, the NSE Nifty 50 fell 0.22% to settle at 19,751.05, while the BSE Sensex shed 125.65 points to 66,282.74. “Weak global cues and a sharp rise in crude […]
EMS sees strong debut, lists at 33% premiumEMS sees strong debut, lists at 33% premium
EMS shares listed at 33% premium over IPO price on NSE and BSE amid negative domestic market. The share debuted at Rs 281.55 on the BSE, as compared to the issue price of Rs 211. The investors have made a profit of 70.55 per share as the scrip gave more than 33% return to investors […]
Pessimism about India’s public debt is overdonePessimism about India’s public debt is overdone
A strong pick-up in private investment is yet to materialise, and the desirable overall investment rate of 35% is still “some distance away”, says TT Ram Mohan, member, Prime Minister’s Economic Advisory Council. In an interview with Priyansh Verma, Mohan says that India’s economy in FY25 will grow at a slower rate than the projected […]
Karni Sena chief murder: NIA raids 31 locations in Haryana, Rajasthan against suspects linked to killingKarni Sena chief murder: NIA raids 31 locations in Haryana, Rajasthan against suspects linked to killing
The National Investigation Agency (NIA) conducted searches at approximately 31 locations in Haryana and Rajasthan on Wednesday in connection with suspects allegedly linked to the murder of Karni Sena chief Sukhdev Singh Gogamedi, who was shot dead at his Jaipur residence on December 5. The ongoing searches targeted individuals believed to have connections with the […]
Fund houses see merit in IT despite underperformanceFund houses see merit in IT despite underperformance
Fund houses seem to remain upbeat on the technology sector despite a continued period of underperformance. Since the beginning of 2022, there have been 12 tech-focused funds launched so far. Of these, two funds — Quant Teck Fund and HDFC Technology Fund — still have their new fund offers (NFOs) open. Market players say technology […]
Everyone who wears ‘hawai chappal’ must also travel in ‘hawai jahaaj’ that is PM Modi’s aspiration: Jyotiraditya ScindiaEveryone who wears ‘hawai chappal’ must also travel in ‘hawai jahaaj’ that is PM Modi’s aspiration: Jyotiraditya Scindia
Praising Prime Minister Narendra Modi, Civil Aviation Minister Jyotiraditya Scindia said that it is the PM’s aspiration that everyone who wears a ‘Hawai Chappal’ must also travel in a ‘Hawai jahaaj’! “Under PM Modi’s leadership, the government has ensured that airports are not only a medium of travel, but airports become a centre of growth. […]
HCV sales continue to see growth trajectory, slowdown in certain CV segments due to high-base effectHCV sales continue to see growth trajectory, slowdown in certain CV segments due to high-base effect
The commercial vehicle industry is continuing to see a smart growth trajectory,especially in the Heavy Commercial Vehicle (HCV) segment thanks to the robust infrastructure growth driving demand for newer sets of wheels. Sign Up to get access to the Financial Express Exclusive and Premium Stories.Register NowAlready have a account? Sign in In fact, one may […]
Zaggle sees flat debut on boursesZaggle sees flat debut on bourses
Zaggle Prepaid Ocean Services made a flat opening on the NSE and BSE, amidst a volatile domestic market. The share debuted at Rs 164 on the NSE, which is also the issue price. Zaggle IPO was subscribed 12.86 times. The Qualified Institutional Buyers (QIBs) category was subscribed 16.94 times, the portion for non-institutional investors received […]