Month: August 2023

Indian businesses prepare for transformative 2024: 59% employees ready to incorporate AI into workplaces – There’s moreIndian businesses prepare for transformative 2024: 59% employees ready to incorporate AI into workplaces – There’s more

Come 2024, Indian businesses are gearing up for a transformative year in hiring practices, banking on AI adoption and aligning workplace strategies with Gen Z expectations, a recent report by job search website Indeed stated. The report forecasts a significant shift towards incorporating Artificial Intelligence (AI) into workplaces, with about 59% of employees expressing confidence […]

‘No tax sops for India inclusion in other global bond indexes’‘No tax sops for India inclusion in other global bond indexes’

With JPMorgan including India in its emerging market bond index from June 2024 without any tax policy change, the government has made it clear that it has no plans to offer any tax incentive for the bond inclusion in other index providers FTSE Russell and Bloomberg as well. “The bond inclusion in the JP Morgan […]

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 […]

Amid rising threats in Indian Ocean Region, Indian Navy conducts Exercise Tropex – See PhotosAmid rising threats in Indian Ocean Region, Indian Navy conducts Exercise Tropex – See Photos

1/9 Amid the emerging threats in the Indian Ocean Region, Indian Navy has once again tested its combat readiness during Exercise TROPEX. 2/9 India is facing emerging threats from both China and Pakistan, thereby the Exercise Tropex assumes much significance. 3/9 The operational preparedness spanned an area of over 21 million square nautical miles. Overseen […]

Will Nifty be able to hold above 20,000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensWill Nifty be able to hold above 20,000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded in the red at 19,857.5, down by 48 points or 0.24% during Thursday’s early trading session, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex. On Wednesday, September 20, the NSE Nifty 50 plunged 231.90 points, or 1.15%, to end the trading session at 19,901.40, while the Sensex […]

Indian bond yields seen higher as 10-yr US yield hits fresh 16-year highIndian bond yields seen higher as 10-yr US yield hits fresh 16-year high

Indian government bond yields are expected to trend higher at the start of the fiscal second half as U.S. yields continue their upmove, with the 10-year yield rising to fresh 16-year highs, weighing on sentiment. The 10-year benchmark 7.18% 2033 bond yield is likely to be in the 7.20%-7.26% range on Tuesday, after ending at […]

Ratnaveer Precision Engineering IPO Listing: Shares have positive debut on bourses, list at 31% premiumRatnaveer Precision Engineering IPO Listing: Shares have positive debut on bourses, list at 31% premium

Ratnaveer Precision Engineering IPO: Ratnaveer Precision Engineering shares listed at 30.6% premium over IPO price on NSE and BSE amid positive domestic market. The shares debuted at Rs 128 on the BSE, as compared to the issue price of Rs 98. The shares then touched an intraday high of Rs 138, around 40% higher from […]