It is a relatively subdued session with some buying in the post-lunch session. While the Sensex is close to its 52-week high, according to the investor feedback at Jefferies Asia Forum 2023 in Hong Kong, “FPI level of excitement on India is high, though valuations an issue.” According to their latest report, while there is […]
Month: February 2024
IPL 2023: Teams set to bat for the best, preparations in full swing – See PHOTOSIPL 2023: Teams set to bat for the best, preparations in full swing – See PHOTOS
1/8 The Indian Premier League (IPL) 2023 will begin at 7:30 pm on Friday, 31 March. It will be the 16th season of the Twenty20 format cricket game. The Board of Control for Cricket in India (BCCI) not only owns it but also operates it. There are 10 teams that will lock horns with each other […]
‘Ek tha joker’: Congress counters Bhagwant Mann’s ‘shortest story’ jibe‘Ek tha joker’: Congress counters Bhagwant Mann’s ‘shortest story’ jibe
Congress on Monday hit back at Punjab Chief Minister Bhagwant Mann for claiming that the grand old party has been relegated to the history in the state and Delhi. Congress also alleged the Aam Aadmi Party (AAP) and Prime Minister Narendra Modi had “similar ideologies – a mission for a Congress-free India.” Taking a swipe […]
Rupee sinks after rising for 2 weeks despite FII buying, bearishness on dollar falls; global central banks eyedRupee sinks after rising for 2 weeks despite FII buying, bearishness on dollar falls; global central banks eyed
By Dilip Parmar The Indian rupee edges lower after two weeks of gain following weaker Asian currencies and dollar demand from the importers. However, the foreign fund remained the net buyer in the week gone. They bought $321.6 million in equities and $41.8 million in debts. Spot USDINR gained 16 paise or 0.19% to 82.4625 […]
NSE Bulk Deals, August 16: Indiabulls Hsg Fin, Pennar Industries, other major deals took place on WednesdayNSE Bulk Deals, August 16: Indiabulls Hsg Fin, Pennar Industries, other major deals took place on Wednesday
On Wednesday, domestic indices ended in the green. The NSE Nifty 50 rose 30.45 points or 0.16% to 19,465 and BSE Sensex climbed 137.50 points or 0.21% to 65,539.42. In sectoral indices, Bank Nifty plunged 0.33%, Nifty Financial Services tumbled 0.34%, Nifty Private Bank fell 0.46%, and Nifty Metal tanked 0.94%, while Nifty Media soared […]
Ant Group sells 3.6% stake in Paytm for Rs 2,037 croreAnt Group sells 3.6% stake in Paytm for Rs 2,037 crore
A subsidiary of Chinese fintech giant Ant Group on Friday sold a 3.6 per cent stake in Paytm for Rs 2,037 crore through open market transactions. The shares of Paytm’s parent One97 Communications was sold by Antfin (Netherlands) Holding BV. Antfin offloaded a total of 2,27,54,823 shares in 14 tranches, amounting to a 3.58 per […]
OMCs seen to make marketing losses in H2 on costlier crudeOMCs seen to make marketing losses in H2 on costlier crude
Even though crude oil prices have moderated at $90 a barrel from its highest of $97 a few days back, analysts see prices to remain elevated till the year end which is likely to cause losses to the oil marketing companies (OMCs) from sale of auto fuels in the second half of the current fiscal. […]
India’s inclusion into GBI-EM Global Index expected to drive flows, lower borrowing costs and fuel capexIndia’s inclusion into GBI-EM Global Index expected to drive flows, lower borrowing costs and fuel capex
JP Morgan Chase has incorporated Indian government bonds (IGBs) and government securities (G-Secs) into its emerging markets bond index, GBI-EM Global Index beginning June 2024. This move is expected to attract more foreign investment into the Indian market. The inclusion process will be phased in over 10 months spanning from June 28, 2024, to March […]
Gold Price: MCX gold surges as Israel-Hamas conflict spark interest for safe haven betsGold Price: MCX gold surges as Israel-Hamas conflict spark interest for safe haven bets
Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX gold prices ascended on Tuesday, while Silver rates slipped 0.37%. On the Multi Commodity Exchange, gold October futures were trading at Rs 57695 per gram, up Rs 123, or 0.21%. Silver December futures were trading down Rs 254 at 68840 per kg on the MCX. […]
Gold Price: MCX gold slips marginally; support seen at Rs 59020-58840, resistance at Rs 59450-59610Gold Price: MCX gold slips marginally; support seen at Rs 59020-58840, resistance at Rs 59450-59610
Gold Price Today, Gold Price Outlook, Gold Price Forcast: MCX Gold prices slipped marginally on Wednesday, while silver rates ascended 0.13%. On the Multi Commodity Exchange, gold October futures were trading at Rs 59,206 per 10 grams, down by Rs 37 or 0.06%. Silver December futures were trading up by Rs 96 at Rs 73, […]