Month: August 2023

North India breathes a sigh of relief as rainfall drops mercury – See PhotosNorth India breathes a sigh of relief as rainfall drops mercury – See Photos

1/10 Because of back-to-back western disturbances, rainfall has lashed north India, bringing temperatures down in many cities. Starting May 5, another western disturbance is likely to affect the northern part of the country. Under its influence, cloudy skies and irregular rain is predicted in many cities.National capital Delhi witnessed showers on Wednesday, and another spell […]

Gold Price Today, 16 August: MCX gold falls 0.16%; support at Rs 58570-58350, resistance at Rs 59210-59480Gold Price Today, 16 August: MCX gold falls 0.16%; support at Rs 58570-58350, resistance at Rs 59210-59480

Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX Gold prices tumbled on Wednesday, while silver rates rose 0.16%. On the Multi Commodity Exchange, gold October futures were trading at Rs 58,878 per 10 grams, down by Rs 96 or 0.16%. Silver September futures were trading up by Rs 109 at Rs 70,063 per […]

Closing Bell: Nifty closes above 19400, Sensex gains 200 pts; Adani Enterprises drags metals, Bank Nifty up 1%Closing Bell: Nifty closes above 19400, Sensex gains 200 pts; Adani Enterprises drags metals, Bank Nifty up 1%

Market Closing Bell: Domestic indices NSE Nifty and BSE Sensex closed in the green after a day of volatile trade. The blue-chip Nifty 50 index settled above 19,400, breaching a key resistance level while Sensex added 200 points after erasing losses from the morning trade. The broader markets closed primarily in the green, as fear […]

Dollar gains on US Fed rate hike, might weaken this week on cooling inflation; USDINR moves to Rs 81.80 levelsDollar gains on US Fed rate hike, might weaken this week on cooling inflation; USDINR moves to Rs 81.80 levels

By Raj Deepak Singh Rupee depreciated towards the end of the week after better-than-expected US economic numbers boosted the Dollar. Also, weakness in the Euro prompted the dollar to mark its best gain in this month. The US advance GDP numbers surprised the market with a gain of 2.4% QoQ against forecast of 1.8%. Additionally, […]

Investment advisors can charge fees only for advisory, not PMS: SebiInvestment advisors can charge fees only for advisory, not PMS: Sebi

Securities And Exchange Board of India (Sebi) Chairperson, Madhabi Puri Buch, made a strong case for differentiating between investing advisory and money management. In her address at the Association of Registered Investment Advisers (ARIA) conference she said that 35% of the investment advisers (IAs) are unregistered in India. All IAs registered with the Sebi are […]

Niva Bupa raises Rs 800 crore, Paragon Partners along with Temasek and Motilal Oswal PE Fund key investorsNiva Bupa raises Rs 800 crore, Paragon Partners along with Temasek and Motilal Oswal PE Fund key investors

Niva Bupa has raised Rs 800 crores from a consortium of investors. Confirming the news, Siddharth Parekh , senior partner & co-founder of Paragon Partners, in a post on social media, outlined that Paragon Partners is now one of the investors im in Niva Bupa Health Insurance as a part of the Rs. 800 crores […]

Stocks To Watch: HCL Tech, Torrent Pharma, Cipla, Jindal Stainless, Punjab National Bank, Jio, CONCORStocks To Watch: HCL Tech, Torrent Pharma, Cipla, Jindal Stainless, Punjab National Bank, Jio, CONCOR

Stocks in focus: 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 […]

Jagannath Puri Rath Yatra 2023: Festival begins tomorrow; here’s a glimpse of the preparations – PHOTOSJagannath Puri Rath Yatra 2023: Festival begins tomorrow; here’s a glimpse of the preparations – PHOTOS

1/8 The Jagannath Puri Rath Yatra 2023 will take place on Tuesday (June 20). The festival is mainly celebrated in Puri, Odisha, with devotees travelling from across the country.The Ratha Yatra of Puri is considered not only the oldest but also the largest Hindu chariot festival celebrated annually. It is observed on the bright half […]