The market share of banks in the microfinance segment declined further to nearly 32% in April-June, from 38.4% a year ago, as non-bank lenders witnessed a sharp rise in disbursements, a report from Sa-Dhan said on Monday. The market share of banks in this segment stood at 34.1% in the March quarter. This data come […]
Nifty may rise to 20050 if index tops 19850; Indus Towers, Godfrey Phillips among top stocks to buyNifty may rise to 20050 if index tops 19850; Indus Towers, Godfrey Phillips among top stocks to buy
By Nagaraj Shetti After showing weakness in the last few sessions, Nifty shifted into an upside bounce with volatility on Wednesday and closed the day higher by 97 points. The market was not able to sustain above the hurdle of 19800 levels and moved into a consolidation in the mid to later part of the […]
Global Markets: Asian stocks inch away from 10-month low, rate jitters lingerGlobal Markets: Asian stocks inch away from 10-month low, rate jitters linger
Asian shares eased away from their lowest levels in 10 months but were on course to clock their worst quarterly performance in a year as worries over elevated interest rates dragged on sentiment, while the dollar held strong. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.59% higher but not far off the 10-month […]
Gensol Engineering secures contract worth Rs 138.72 crore for solar power project by SEMLGensol Engineering secures contract worth Rs 138.72 crore for solar power project by SEML
Gensol Engineering Limited on Wednesday announced that it has been awarded a contract for a 33 MW AC solar power project by Sarda Energy & Minerals Ltd (SEML), a steel production company and an exporter of ferro alloys. “The initiative will unfold for its captive use at SEML’s Kharora plant in Chhattisgarh, a region burgeoning […]
Wall Street Week Ahead-Investor hopes for US soft landing ride on inflation dataWall Street Week Ahead-Investor hopes for US soft landing ride on inflation data
U.S. stock investors are turning their focus to next week’s inflation data, which could determine the near-term path of an equity rally that has wobbled in recent weeks.Signs the U.S. economy is on track for a so-called soft landing, where the Federal Reserve is able to bring down inflation without badly damaging growth, have helped […]
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 […]
Poco X6 series India launch on January 11; first look teaser confirms it’s a rebranded Redmi K70EPoco X6 series India launch on January 11; first look teaser confirms it’s a rebranded Redmi K70E
The Poco X6 series officially arrives in India on January 11, 2024, a listing on Flipkart has confirmed. The launch date reveal is joined by the full back panel design reveal of what appears to be the Poco X6 Pro seemingly confirming that it would be a rebranded Redmi K70E after all in line with […]
Is JN. 1 sub-strain or coronavirus a variant of concern now? What experts say on next phase of diseaseIs JN. 1 sub-strain or coronavirus a variant of concern now? What experts say on next phase of disease
The cases of the new JN.1 sub-variant of Omnicron has been rapidly increasing in several states. There are around more than 190 active cases of the new sub-variant in the country. The World Health Organisation had declared the JN. 1 sub-variant as a Variant of Interest. According to a report by Deccan Herald, the new […]
SEBI bans Shankar Sharma, others from offloading Brightcom Group shares; stock extends losses, falls 5%SEBI bans Shankar Sharma, others from offloading Brightcom Group shares; stock extends losses, falls 5%
Brightcom Group shares extended their rout, hitting its 5% lower circuit in trade for the second consecutive session after SEBI banned seasoned investor Shankar Sharma, and 23 other individuals, from selling or offloading Brightcom Group shares they possess, either directly or indirectly on beliefs of manipulation. Additionally, the capital markets regulator released an interim order […]
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 […]