Jet fuel or ATF price on Friday was hiked by the steepest-ever 14 per cent — the third straight increase, while the commercial cooking gas rate was cut by Rs 157.5 per cylinder in line with divergent trends in international benchmarks. Aviation turbine fuel (ATF) price was increased by Rs 13,911.07 per kilolitre, or 14.1 […]
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Share Market Highlights: Nifty settles above 19630, Sensex over 65820; Bank Nifty adds over 280 pointsShare Market Highlights: Nifty settles above 19630, Sensex over 65820; Bank Nifty adds over 280 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended the week’s last trading session in positive territory. The NSE Nifty 50 surged 0.75% to settle at 19,638.30, while the BSE Sensex added 320.09 points to 65,828.41. The broader indices settled in green with the gains led by Midcap and […]
Auto, energy stocks lead slide in Indian sharesAuto, energy stocks lead slide in Indian shares
Indian shares fell on Tuesday, dragged by auto and energy stocks and tracking a dip in their Asian peers on concerns about elevated U.S. interest rates. The NSE Nifty 50 index was down 0.78% at 19,484.70, as of 10:03 a.m. IST, and the S&P BSE Sensex lost 0.71% to 65,354.89. Eicher Motors shed over 4%, […]
Sebi proposes body for administration, supervision of research analystsSebi proposes body for administration, supervision of research analysts
Capital markets regulator Sebi on Tuesday proposed to recognise an entity designated as Research Analyst Administration and Supervisory Body (RAASB), which will be responsible for the administration and supervision of the research analysts.In its consultation paper, Sebi said that the proposed body should not place any additional financial burden on the research analysts (RAs). Further, […]
Markets end in positive zone after volatile session; realty and banks shine even as IT and pharma struggleMarkets end in positive zone after volatile session; realty and banks shine even as IT and pharma struggle
The markets ended in green zone after a volatile session on Monday. The Nifty closed flat at 19,674 while the Sensex finished Monday’s session at 66,023, up merely 14 points. Sectors such as realty, banking and consumer durables performed well while IT and Pharma counters struggled. The market breadth is poised evenly with the Nifty […]
India’s forex reserves jump above $600 billion; Spot USDINR to hover between Rs 82.30 and Rs 81.70India’s forex reserves jump above $600 billion; Spot USDINR to hover between Rs 82.30 and Rs 81.70
By Dilip Parmar The Indian rupee appreciated for the second week in a row following dollar inflows. Local units remained the second best-performing currency among Asian baskets. In the week preceding, foreign institutions bought $1.2bn equities and $184mn debts while the rupee gained a quarter percent to 81.96 a dollar. Outlook: This week will be […]
Rupee rises 3 paise against US dollar in early tradeRupee rises 3 paise against US dollar in early trade
The rupee appreciated 3 paise to 83.22 against the US dollar on Wednesday, tracking cues from positive equity markets and a weaker American currency against major rivals overseas. However, selling pressure from foreign equity investors weighed on the Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 83.20 and then […]
M&M market valuation crosses Rs 2 lakh croreM&M market valuation crosses Rs 2 lakh crore
The market capitalisation of Mahindra and Mahindra Ltd crossed Rs 2 lakh crore mark, helped by a strong order book in the SUV segment and leadership position in tractor segment. M&M shares closed at Rs 1,636.85 on the BSE, giving the firm a market value of Rs 2.03 lakh crore, according to stock exchange data. […]
popkorn appoints Ranit Mukherjee and Pranabesh Sana as senior creative directorspopkorn appoints Ranit Mukherjee and Pranabesh Sana as senior creative directors
popkorn, the digital creative arm of V360 Group, has announced the appointment of Ranit Mukherjee and Pranabesh Sana as senior creative directors. With this, the agency has expanded its creative team. As per the agency, the aim is to offer creatively superior campaigns to its clientele. Sana brings over 19 years of expertise in shaping […]
IIT-BHU sexual assault case: Accused molested other students, regularly visited campusIIT-BHU sexual assault case: Accused molested other students, regularly visited campus
The three accused who have been arrested in the IIT-BHU sexual assault case have reportedly told police during questioning that they were involved in three other incidents of molestation on campus in Varanasi, Uttar Pradesh. During their interrogation, the accused told the police that they would frequently visit the premises, likely to look for “opportunities”, […]