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 […]
Oil prices climb as investor risk appetite growsOil prices climb as investor risk appetite grows
Oil prices climbed on Monday, reversing some of Friday’s losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite. Brent December crude futures rose 18 cents, or 0.2%, to $92.38 a barrel by 0037 GMT after falling 90 cents on Friday. […]
Delhi rains: Parts of NCR receive rainfall, brings respite from the heat – See PhotosDelhi rains: Parts of NCR receive rainfall, brings respite from the heat – See Photos
1/6 Parts of the Delhi-National Capital Region (NCR) received light rain on Monday morning. According to the India Meteorological Department (IMD), this led to muggy weather conditions in Delhi.The city received 5 mm of rainfall during the 24-hour period which ended at 8:30 am on Monday. The minimum temperature settled at 25.5 degrees Celsius, normal […]
Gold soars as investors bolt for safety after Middle East clashesGold soars as investors bolt for safety after Middle East clashes
Gold prices climbed more than 1% on Monday as dramatic clashes between Israeli and Hamas forces over the weekend raised the risk of a wider Middle East conflict and spurred a rush to safe-haven investments like bullion. Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of […]
What does 2023 have in store for retail investors: opportunities and challenges for Indian investorsWhat does 2023 have in store for retail investors: opportunities and challenges for Indian investors
By Sidhavelayutham M It’s been a wild ride for financial markets in 2023, especially for retail investing, non-professional individual investors, which soared high in 2020 and 2021. According to data from the NSE, the retail shareholding in Indian companies clocked a near 15-year high in June 2022 and post-rate hike, retail shareholding is still holding up […]
Gail India: Sustained outperformance; company targets to boost domestic gas consumption by FY25Gail India: Sustained outperformance; company targets to boost domestic gas consumption by FY25
The OUTLOOK for GAIL India (GAIL) continues to strengthen, setting the stage for a sustained period of outperformance over the next 2-3 years. Several factors contribute to this. Growing domestic gas supplies, LNG liquefaction capacity and expectations of moderate pricing of the same, normalisation of LPG prices and some improvement in petrochem segment imply earnings […]
Gold shows resilience amid market volatility, falling US Treasury yields likely to increase investment demandGold shows resilience amid market volatility, falling US Treasury yields likely to increase investment demand
By Bhavik Patel The market was watching for the US PCE (Personal consumption expenditure) index for July 2023 which contains the most current data on inflation and the preferred measuring benchmark by the Federal Reserve. The data shows that inflation although has subsided but continues to remain persistent. The US savings rate fell by 3.5% […]
Wall Street eyes muted open ahead of key economic dataWall Street eyes muted open ahead of key economic data
Wall Street’s main indexes were set to open subdued on Tuesday as investors refrained from placing big bets ahead of key economic data this week, including job openings figures due later in the day that will provide further clues on the state of the economy.Multiple sets of economic data are scheduled to be released this […]
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 […]
Nifty, Sensex inch lower, NSE index’s support at 18350-18450; HCL Tech, M&M among top stocks to buyNifty, Sensex inch lower, NSE index’s support at 18350-18450; HCL Tech, M&M among top stocks to buy
By Ajit Mishra Markets have reached record high after 3 months and are currently hovering in a narrow range amid mixed cues. Apart from the continued underperformance of the banking pack, the recent dip in the US markets is largely weighing on the sentiment. Consequently, we are seeing profit taking across sectors and in the […]