GIFT Nifty was 0.03% lower during Tuesday’s early trading session at 19,382, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Domestic benchmarks NSE Nifty 50 and BSE Sensex broke their two-day slide on Monday. Sensex rose by 0.41% to 65,216.09, and Nifty 50 increased by 83 points, settling nearly at […]
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HDFC Bank: A look at what top brokerages are recommendingHDFC Bank: A look at what top brokerages are recommending
Nomura: Given that weakness in deposit mobilisation and elevated opex due to higher branch roll-outs, Nomura has downgraded its rating to Neutral from Buy and reduced the target price to Rs 1800. While the brokerage fully appreciates the strength of the franchise, they are uncertain about upside potential over next 12 months on the back […]
Govt considering floor price for onion exportsGovt considering floor price for onion exports
The government is considering a proposal to introduce a floor price for onion exports, to ensure that 40% export duty imposed last week don’t lead to under invoicing of shipments of the stable vegetables. Sources said several onion exporters on Wednesday met the officials of the department of consumer affairs and urged for floor price […]
Petrol and Diesel Rate Today, 6 September: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 6 September: Some cities see revision; Check rates in Delhi, Mumbai, other cities
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were largely constant on Wednesday, 6 September August across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last few months. However, individual cities see fluctuations in their prices every day. The prices of […]
Markets to focus on global trends, trading activity of foreign investors this week: AnalystsMarkets to focus on global trends, trading activity of foreign investors this week: Analysts
Global trends, trading activity of foreign investors and movement of oil benchmark Brent crude would dictate terms in the domestic markets this week, analysts said. Equity markets, which fell nearly 3 per cent last week, may face volatile trends amid the monthly derivatives expiry on Thursday. “This week marks the September month Futures and Options […]
Is it fair to compare Mutual Funds and Portfolio Management Services?Is it fair to compare Mutual Funds and Portfolio Management Services?
By Rajnish Girdhar Both PMS and Mutual Funds may look similar because on the face of it, they both do similar jobs – managing your fund and providing the best possible returns on them. However, there exist significant differences between the two. If one were to give an analogy when comparing mutual funds (MF) and […]
Nifty may move towards 18181-18300 if it holds above 18000; Cummins, IDFC First Bank among top stocks to buyNifty may move towards 18181-18300 if it holds above 18000; Cummins, IDFC First Bank among top stocks to buy
By Rahul shah Equity benchmark indices, Sensex and Nifty, logged their biggest monthly advance since November last year, gaining 3.6 per cent and 4.1 per cent this April, respectively. Improved global investor sentiment and sustained inflows from foreign portfolio investors (FPI) lifted the markets this month. Nifty closed higher for the fifth straight day on […]
Algo Trading: The great equalizer for retail investorsAlgo Trading: The great equalizer for retail investors
By Kunal Nandwani The pervasive nature of technology has disrupted many industries and transformed how we live, work, and invest. In the Indian financial markets, one of the most prominent examples of this transformation is the rise of algo trading. Powered by sophisticated algorithms and low-cost computing power, algo trading has become the newest buzzword […]
Rupee rises 19 paise to close at 82.94 against US dollarRupee rises 19 paise to close at 82.94 against US dollar
The rupee recovered from its all-time low levels and settled for the day higher by 19 paise at 82.94 (provisional) against the US dollar on Tuesday, as the American currency retreated from its elevated levels.Forex traders said the rupee appreciated tracking a weak tone in the US dollar. However, selling pressure by foreign investors amid […]
USD-INR may consolidate within 81.70- 82.75, expect bargain buying near lower band; BoE, ECB eyed for cuesUSD-INR may consolidate within 81.70- 82.75, expect bargain buying near lower band; BoE, ECB eyed for cues
BY Dilip Parmar The Indian rupee notched the best week since 3 March following the weaker greenback and risk-on sentiments. All Asian currencies gained against the US dollar in the week gone. However, the rupee underperforms among the region on weekly as well as month to date amid higher dollar demand from importers. Short-term Outlook […]