Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended Wednesday’s trading session in positive territory. The NSE Nifty 50 gained 0.62% to settle at 19,811.35, while the BSE Sensex added as much as 393.69 points to 66,473.05. The broader indices settled in green. The Bank Nifty index added as […]
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Adani Ports falls after Deloitte quits as auditorAdani Ports falls after Deloitte quits as auditor
Shares of Adani Ports and Special Economic Zone, India’s largest private port operator, dropped 3.7% in early trade on Monday after the company’s auditor Deloitte resigned, also dragging other group companies down. Deloitte’s move came amid concerns over certain related party transactions flagged in a report by U.S. short seller Hindenburg and which the Adani […]
Heightened risks for oil: Downtrend in prices could swiftly reverse if the Hamas-Israel war escalates to the regionHeightened risks for oil: Downtrend in prices could swiftly reverse if the Hamas-Israel war escalates to the region
N Chandra Mohan Despite the raging war between Hamas forces and Israel’s army since October 7, a noteworthy feature is that global oil prices have so far not flared up. Although in the initial weeks, Brent crude spot prices remained elevated at $90 plus a barrel, they settled down to lower levels of around $79 […]
Rupee falls 9 paise to settle at all-time low of 83.22 against US dollarRupee falls 9 paise to settle at all-time low of 83.22 against US dollar
The rupee depreciated for the fourth straight day and settled 9 paise lower at its lifetime low of 83.22 (provisional) against the US dollar on Thursday amid a firm American currency and elevated crude oil prices. Positive trend in the domestic equity markets, however, provided a cushion to the rupee, according to forex traders. At […]
Oil prices tick up as markets zoom in on supply tightnessOil prices tick up as markets zoom in on supply tightness
Oil prices edged higher on Thursday, after dipping slightly in the previous session, as markets refocused on expectations of tight crude supply for the rest of 2023. International benchmark Brent futures climbed 17 cents to $92.05 a barrel at 12:02 GMT, while U.S. West Texas Intermediate crude (WTI) rose 19 cents to $88.71. Saudi Arabia […]
Sebi rejigs panel on alternative investment policy; expands to 25 membersSebi rejigs panel on alternative investment policy; expands to 25 members
Sebi has reconstituted its alternative investment policy advisory committee, which advises the capital markets regulator on a range of issues that impact further development of the AIF space. The committee has now 25 members, as per latest update with the Securities and Exchange Board of India (Sebi). The panel, which was constituted by Sebi in […]
RBI proposes tighter dividend payout guidelines for banksRBI proposes tighter dividend payout guidelines for banks
The Reserve Bank of India (RBI) on Tuesday floated a draft circular proposing to tighten dividend payout guidelines for domestic and overseas banks operating in India. The proposal says banks with net non-performing asset ratio (NNPA)ofABOVE 6% and capital adequacy ratio (CRAR)ofbelow 11.5% cannot declare dividends. The regulator has sought public feedback on the proposed […]
Nifty charts showing indecisiveness between bulls, bears; REC, Ultratech Cement, Mphasis among stocks to buyNifty charts showing indecisiveness between bulls, bears; REC, Ultratech Cement, Mphasis among stocks to buy
By Shrikant Chouhan On Tuesday, the benchmark indices witnessed narrow range activity. Nifty ended 35 points higher while the Sensex was up by 123 points. Among sectors, buying was seen in media and selective private banks stocks, whereas metal stocks witnessed intraday profit booking at higher levels. Stock Recommendations REC BUY | CMP: Rs 140.3 […]
How various global indices, commodities affect the Indian stock marketsHow various global indices, commodities affect the Indian stock markets
By Achin Goel The Indian stock market has been one the outperforming capital markets globally and many economists concur that India will be a bastion of growth for the global economy in the near and medium term. However, bouts of volatility induced by global factors affect Global Indices and the Indian stock market, of which, […]
FII, DII data: FPIs sold shares worth Rs 1864 cr, DIIs bought shares worth Rs 521 cr on October 5, ThursdayFII, DII data: FPIs sold shares worth Rs 1864 cr, DIIs bought shares worth Rs 521 cr on October 5, Thursday
Foreign institutional investors (FII) offloaded shares worth net Rs 1,864.20 crore, while domestic institutional investors (DII) added shares worth net Rs 521.41 crore on October 5, 2023, according to the provisional data available on the NSE. For the month till October 5, 2023, FIIs sold shares worth net Rs 8,322.36 crore while DIIs bought shares […]