The Nifty Midcap index has been on an impressive run, recently crossing the psychological milestone of 40,000 points. Nifty Midcap 100 hit a fresh record high today at 40,540.95. Over the last six months, it witnessed a remarkable surge of approximately 35%, demonstrating its resilience in a market marked by volatility, while the smallcap index […]
Month: March 2024
NSE Bulk Deals, August 11: NCL Industries, Hindustan Construc Co, other major deals took place on FridayNSE Bulk Deals, August 11: NCL Industries, Hindustan Construc Co, other major deals took place on Friday
On Friday, domestic indices ended in the red. The NSE Nifty 50 tanked 114.80 points or 0.59% to 19,428.30 and BSE Sensex sank 363.53 points or 0.56% to 65,322.65. The broader markets also ended in the red, with the Nifty 100, Nifty 200 and Nifty 500 ending lower by 0.5%. Nifty Smallcap fared better, ending […]
Jio Fin: More digital focus; Management to strengthen team to fuel the company’s growthJio Fin: More digital focus; Management to strengthen team to fuel the company’s growth
Jio Financial Services, which has been spun off from RIL, was listed on August 21, ahead of its original schedule. The filed documents indicate that its operational scope might encompass diverse areas such as consumer and merchant lending, a payments platform, insurance broking, asset management, and other non-banking financial activities. The management is relying on […]
Indian bond yields seen flattish before key RBI decision, commentaryIndian bond yields seen flattish before key RBI decision, commentary
Indian government bond yields are expected to remain largely unchanged in the opening session on Friday as market participants await the Reserve Bank of India’s monetary policy decision and commentary for further cues. The 10-year benchmark 7.18% 2033 bond yield is likely to be in the 7.19%-7.23% range till the monetary policy decision after ending […]
IT earnings seen to be weak in Q3IT earnings seen to be weak in Q3
Revenues of IT services companies for the December 2023 quarter are expected to be weak, since a full-fledged recovery in the IT sector is still some time away. The third quarter could also reflect pressure on operating margins of software players thanks to the wage hikes and higher-than-expected furloughs. However, some firms may be able […]
Pyramid Technoplast shares climb nearly 13 pc in debut tradePyramid Technoplast shares climb nearly 13 pc in debut trade
Shares of packaging company Pyramid Technoplast Ltd on Tuesday made its market debut with a premium of nearly 13 per cent against the issue price of Rs 166. The stock began the trade at Rs 185, up 11.44 per cent from the issue price on the BSE. It further jumped 13.25 per cent to Rs […]
Punit Goenka moves SAT against SEBI’s confirmatory orderPunit Goenka moves SAT against SEBI’s confirmatory order
Punit Goenka, one of the promoters of Zee Entertainment Enterprises, on Friday appealed before the Securities and Appellate Tribunal (SAT) for relief against the August 14 confirmatory order by the Securities and Exchange Board of India (Sebi) barring him from taking key managerial positions in Zee group companies as well as the merged entity with […]
Rupee may inch up tracking US Treasury yields fall, soft dollarRupee may inch up tracking US Treasury yields fall, soft dollar
The Indian rupee is expected to advance on Tuesday in the wake of a pullback in U.S. Treasury yields and the dollar in the lead-up to a slew of key economic data. Non-deliverable forwards (NDF) indicate rupee will open slightly higher to the U.S. dollar from 82.63 in the previous session. “Having said that, it […]
Share Market Highlights: Nifty closes below 19260, Sensex below 64840; Adani Enterprise, BPCL among the top losersShare Market Highlights: Nifty closes below 19260, Sensex below 64840; Adani Enterprise, BPCL among the top losers
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity indices NSE Nifty 50 and BSE Sensex ended in the red on Thursday. NSE Nifty 50 closed at 19,253.80, while the Sensex closed the trading session at 64,831.41. Smallcaps continued to make gains, with Nifty Smallcap 250 and Nifty Smallcap 50 adding 1.04% […]
Android users, WhatsApp to end your free run with unlimited chat backups on Google Drive this yearAndroid users, WhatsApp to end your free run with unlimited chat backups on Google Drive this year
WhatsApp will no longer give you unlimited chat backups on Android, ending almost half a decade of free run for users. The change which came into effect late last year beginning with beta testers will start to apply for everyone this year. WhatsApp in fact seems on course to roll it out globally within the […]