By Gaurang Somaiya The recent decision made by Fed was expected, the Fed raised its rates by 25bps, while the ECB followed suit with a similar increase but a peak is now clearly in sight and the debate is set to shift to how long rates will need to be kept at current levels. Additionally, […]
Day: October 1, 2023
Share Market Highlights: Nifty settles below 19800, Sensex below 66410; Bank Nifty adds 80 pointsShare Market Highlights: Nifty settles below 19800, Sensex below 66410; Bank Nifty adds 80 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended Thursday’s trading in negative territory. The NSE Nifty 50 slipped 17.35 points or 0.09% to settle at 19,794, while the BSE Sensex shed 64.66 points to 66,408.39. Smallcap and Midcap stocks led gains among the broader indices, while Nifty 100 […]
Nifty to slip under 19500 or reverse trend? See GIFT Nifty, FII data, crude, more before market opensNifty to slip under 19500 or reverse trend? See GIFT Nifty, FII data, crude, more before market opens
GIFT Nifty traded up 0.15% at 19,659.5, during Friday’s early trading session, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. On Thursdays, the market witnessed a sharp sell-off and benchmark domestic indices settled in red. The NSE Nifty 50 tumbled 192.90 points, or 0.98%, to settle at 19,523.55, while the […]
Nifty to undergo consolidation in 18500-18000 range; Bank Nifty near overbought zone, gained 12% in 7 weeksNifty to undergo consolidation in 18500-18000 range; Bank Nifty near overbought zone, gained 12% in 7 weeks
By Dharmesh Shah The equity benchmark endured its northbound journey despite muted global cues. The Nifty gained 1.4% to settle the week at 18315. Broader market performed in tandem with the benchmark as Nifty midcap, small cap gained ~1%, each. Sectorally, auto, financials, consumption remained at the forefront while metal, pharma, PSU bank relatively underperformed. […]
IDFC First Bank, Manappuram Finance, Oil India among 116 stocks that hit 52-week highs; 15 touch 52-week lowsIDFC First Bank, Manappuram Finance, Oil India among 116 stocks that hit 52-week highs; 15 touch 52-week lows
Benchmark indices NSE Nifty 50 and BSE Sensex were trading in the red zone on Thursday. The NSE Nifty 50 plunged 104.95 points or 0.54% to 19,360.05 and BSE Sensex tanked 357.58 points or 0.55% to 65,181.84. In sectoral indices, Bank Nifty plunged 0.23%, Nifty Auto fell 0.40%, Nifty IT tumbled 0.39%, Nifty FMCG tanked […]
Windfall tax on crude oil, diesel hikedWindfall tax on crude oil, diesel hiked
The government has hiked the windfall profit tax on crude oil produced in the country and on export of diesel, while bringing back the levy on overseas shipments of ATF. The tax, levied in the form of special additional excise duty, on domestically produced crude oil has been raised to Rs 7,100 per tonne from […]