GREED & fear’s India equity portfolio has outperformed the benchmark Nifty50 and the MSCI India since inception, according to the quarterly review of the long-only portfolios by Christopher Wood of Jefferies. According to the report, none of the portfolios have been allowed to own cash since inception. Further, the India portfolio has gained 26.5% on […]
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After four weeks, gold rebounds, saves $1,900/ounce; traders should short on every bounceAfter four weeks, gold rebounds, saves $1,900/ounce; traders should short on every bounce
By Jigar Trivedi Weekly, the metal gains 1.4% after four consecutive periods of declines. Initially, the yellow metal dropped below $1,885 an ounce on Friday, facing pressure from a strong dollar as investors continued to gauge the monetary policy outlook following Federal Reserve Chair Jerome Powell’s Jackson Hole remarks. The banker noted caution is required […]
Heavy rainfall lashes Chennai! Schools declare holiday as city reports waterlogging in many areas – In PicsHeavy rainfall lashes Chennai! Schools declare holiday as city reports waterlogging in many areas – In Pics
1/8 Heavy overnight rainfall lashed Chennai and its suburbs. Authorities declared a holiday in schools on Monday. At the airport, International flight operations were also affected. Around 10 incoming flights (including from Doha and Dubai) were diverted to Bengaluru. Downpour also affected departure.However, the showers brought relief to people from the sweltering heat that the […]
TVS Supply Chain Solutions IPO Listing: Shares have tepid debut on bourses, list at 5% premiumTVS Supply Chain Solutions IPO Listing: Shares have tepid debut on bourses, list at 5% premium
TVS Supply Chain Solutions IPO: TVS Supply Chain Solutions shares listed at 4.72% premium over IPO price on NSE and BSE amid flat domestic market. The share debuted at Rs 206.30 on the BSE, as compared to the issue price of Rs 197. TVS Supply Chain Solutions shares’ grey market premium gained 1.5% on Wednesday, […]
Central Banks gearing for a prolonged pause? Dollar slips, commodities gain on US Fed rate hikeCentral Banks gearing for a prolonged pause? Dollar slips, commodities gain on US Fed rate hike
By Gaurang Somaiya The recent decision made by Fed was expected, the Fed raised its rates by 25bps, while the ECB followed suit with a similar increase but a peak is now clearly in sight and the debate is set to shift to how long rates will need to be kept at current levels. Additionally, […]
Sensex breaks out of consolidation, time correction in benchmarks ongoing; Bank Nifty to reverse downtrendSensex breaks out of consolidation, time correction in benchmarks ongoing; Bank Nifty to reverse downtrend
By Anand James Sensex broke above an excruciatingly tight trading range that had prevailed since the fourth of July, succeeding in yet another record closing last Friday. Standard deviation studies set an upper range of 66,685, which is understandably modest given the fact that the recent range has been tight. However, the ratio of 50 […]
WFI’s ad-hoc committee announces senior national championships and national coaching camp, aims for Paris Olympics 2024 preparationWFI’s ad-hoc committee announces senior national championships and national coaching camp, aims for Paris Olympics 2024 preparation
The National Coaching Camp (NCC) for senior wrestlers in preparation for the forthcoming Asian Olympics qualifying and World qualifying tournament will be hosted by the ad hoc committee, the Wrestling Federation of India (WFI) announced on Monday. Besides, the committee, which was recently set up, has scheduled the senior national championships for wrestling in the […]
Share Market Highlights: Nifty settles below 19740, Sensex below 66170; Bank Nifty sheds over 60 pointsShare Market Highlights: Nifty settles below 19740, Sensex below 66170; Bank Nifty sheds over 60 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Week’s first trading session in negative territory.The NSE Nifty 50 slipped 0.10% to settle at 19,731.75, while the BSE Sensex shed 115.81 points to 66,166.93.Among the broader indices, Nifty 100 and Nifty 200 saw marginal declines, while Midcap and Smallcap […]
Rupee snaps two-day fall, recovers 6 paise against US dollarRupee snaps two-day fall, recovers 6 paise against US dollar
The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at 83.22 against the US dollar on positive cues from domestic equity markets.However, selling pressure from foreign equity investors amid a strong greenback against major crosses overseas and surging crude oil prices weighed on the local unit […]
Diamond Jubilee Celebrations of National Maritime Day: India scales new heights, set to be world leader in maritime infrastructure | See PhotosDiamond Jubilee Celebrations of National Maritime Day: India scales new heights, set to be world leader in maritime infrastructure | See Photos
1/10 The Grand Finale of Diamond Jubilee of National Maritime Day was held at Domestic Cruise Terminus, Mumbai with ‘Amrit Kaal in shipping’ as its theme. The day is celebrated to commemorate the embarkation of the first Indian-owned vessel “S S Loyalty” on her maiden voyage from Mumbai to London, on April 5 in 1919. […]