Unseasonal rains impact December tractor salesUnseasonal rains impact December tractor sales

Domestic tractor volumes recorded their worst monthly fall in December in nearly 24 months. Manufacturers attribute this to partial damage to crops from unseasonal rains, late kharif harvesting and costlier loans. Analysts at Icra observed that monsoon precipitation remained weak overall, adding that the temporal and spatial distribution of rains was uneven. “The subpar monsoon […]

As long as Nifty 50 above 18,600, positive sentiment to continue; Granules India, GAIL among stocks to buyAs long as Nifty 50 above 18,600, positive sentiment to continue; Granules India, GAIL among stocks to buy

By Shrikant Chouhan On Tuesday, the benchmark indices bounced back sharply, the Nifty ended 118 points higher while the Sensex was up by 418 points. Among sectors, the realty index was the top gainer, rallied over 2.5 percent whereas, despite strong momentum, selective auto stocks witnessed intraday profit booking at higher levels. Stock recommendations  Granules […]

Kolkata Metro succesfully conducts India’s first underwater test run – See PhotosKolkata Metro succesfully conducts India’s first underwater test run – See Photos

1/7 Kolkata Metro has achieved a major milestone after its rake run beneath the river on April 12, 2023. (Image: Kolkata Metro) 2/7 For the first time in Indian history, the metro rake has completed its journey under the river bed. (Image: Kolkata Metro) 3/7 A total of two rakes – MR-612 and MR-613 has witnessed […]

Nifty to reclaim 20000 or continue to fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to reclaim 20000 or continue to fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded up by 48.5 points, or 0.25%, at 19,691 during Monday’s early trading session, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. The Benchmark equity indices ended the week’s last trading session in the red. The NSE Nifty 50 fell 0.34% to settle at 19,674.25, while the BSE […]

Petrol and Diesel Rate Today, 23 August: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 23 August: 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, 23 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 petrol […]

Rupee to fall on surging US yields; 83/USD to be breached without RBI’s helpRupee to fall on surging US yields; 83/USD to be breached without RBI’s help

The Indian rupee is expected to decline on Monday on the back of a jump in U.S. yields, which boosted the dollar versus its major peers and Asian currencies. Non-deliverable forwards indicate the rupee will open at around 82.92-82.94 to the U.S. dollar, compared with 82.8450 in the previous session. “If RBI continues to sell, […]

Nifty to gradually head towards 19700, Bank Nifty may consolidate; RIL, Tata Motors among preferred stocksNifty to gradually head towards 19700, Bank Nifty may consolidate; RIL, Tata Motors among preferred stocks

By Dharmesh Shah The equity benchmark extended gains and clocked a fresh all time high backed by strong FII’s inflow. As a result, Nifty settled the previous week at 19332, up 0.7%. The broader market relatively outperformed the benchmark as Nifty midcap, small cap gained 0.9% and 2.5%, respectively. Sectorally, PSU Banks, Oil & Gas, […]

NSE F&O Ban: India Cements, Zee Entertainment, Granules India, other stocks under ban on August 14, MondayNSE F&O Ban: India Cements, Zee Entertainment, Granules India, other stocks under ban on August 14, Monday

The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of nine stocks/securities on Monday, August 14, 2023. Zee Entertainment, Delta Corp, Granules India, Hindustan Copper, Indiabulls Housing Finance, India Cements, Manappuram Finance, Balrampur Chini Mills and Chambal Fertilisers & Chemicals are the stocks/securities placed on the National Stock Exchange’s futures and […]

FPIs turn net sellers; withdraw Rs 4,200 car in equities in Sep so farFPIs turn net sellers; withdraw Rs 4,200 car in equities in Sep so far

After six months of consistent buying, foreign portfolio investors (FPIs) have turned net sellers to pull out Rs 4,200 crore from equities in September, so far, on rising US bond yields, a stronger dollar and concerns over global economic growth. The outflow of foreign portfolio money could continue in the coming week or two, Nitasha […]