Stocks lost value in Monday’s trading session as geopolitical tensions escalated after Palestinian militant group Hamas launched a surprise attack on Israel, leading to a surge in crude oil prices. The S&P BSE Sensex declined about 483 points, or 0.73%, to close at 65,512.39 while the NSE Nifty 50 closed 0.72%, or 141 points lower […]
Rupee trades flat at 83.24 against US dollar in early tradeRupee trades flat at 83.24 against US dollar in early trade
The rupee traded on a flat note at 83.24 against the US dollar in early trade on Friday as an upward trend in crude oil prices dented investor sentiment despite positive domestic macroeconomic data. Forex analysts said the Indian currency continued to stay under pressure due to unabated foreign fund outflow amid negative equity markets […]
First Girls Military School Inaugurated in Vrindavan, Mathura by CM Yogi and Rajnath SinghFirst Girls Military School Inaugurated in Vrindavan, Mathura by CM Yogi and Rajnath Singh
Chief Minister Yogi Adityanath and Defence Minister Rajnath Singh jointly inaugurated the first Girls’ Military School in Vrindavan, Mathura on Monday. The Samvid Gurukulam Girls Military School, established by Sadhvi Ritambhara in the Vatsalya Gram campus, was dedicated to the daughters of the country, as per the official announcement. CM Yogi emphasised the importance of […]
NSE Nifty 50 at new high! Nifty rockets past 20,000 as bulls run amok on Dalal StreetNSE Nifty 50 at new high! Nifty rockets past 20,000 as bulls run amok on Dalal Street
In a dazzling display of market strength, the domestic index NSE Nifty 50 soared to an unprecedented 20,000 mark in today’s trading session. The benchmark advanced 180 points from yesterday’s close at 19,819.95. Nifty 50 had conquered the 19,000 level for the first time on June 28, 2023, almost 21 months after scaling the 18,000 […]
Indigo shares crash 11% from its all-time high after Gangwal family’s offloads 5.1% in block dealIndigo shares crash 11% from its all-time high after Gangwal family’s offloads 5.1% in block deal
Shares of InterGlobe Aviation, the operator of the low-cost airline IndiGo, tumbled 91.10 points or 3.57% intra-day closing at Rs 2,458 on August 16. The stock price dipped almost 11.40% from its 52-week high of Rs 2,745.20 to Rs 2,432 intra-day. The fall in stock price was triggered by a block deal by the Gangwal […]
Jio Financial Services to be excluded from NSE indices from September 7Jio Financial Services to be excluded from NSE indices from September 7
Jio Financial Services Limited, the demerged financial services unit of Reliance Industries, will be excluded from various indices of NSE, including the benchmark Nifty 50, from September 7. Shares of Jio Financial got listed on the stock exchanges on August 21, after its spin-off from parent Reliance Industries. “It may be noted that if JIOFIN […]
FII, DII data: FPIs sold shares worth Rs 4424cr, DIIs bought shares worth Rs 1769cr on October 4, WednesdayFII, DII data: FPIs sold shares worth Rs 4424cr, DIIs bought shares worth Rs 1769cr on October 4, Wednesday
Foreign institutional investors (FII) offloaded shares worth net Rs 4,424.02 crore, while domestic institutional investors (DII) added shares worth net Rs 1,769.49 crore on October 4, 2023, according to the provisional data available on the NSE. For the month till October 4, 2023, FIIs sold shares worth net Rs 6,458.16 crore while DIIs bought shares […]
Impact of adverse weather on Indian economy and stock marketImpact of adverse weather on Indian economy and stock market
By Deepak Jasani Although the Indian monsoon season is still a few months away, analysts and economists have expressed concerns regarding the El Nino effect in the forthcoming monsoon season on the Indian economy and financial markets. There are fears about the possibility of drought-like conditions for India in 2023, which could impact agricultural output […]
Closing Bell: Nifty closes shy of 20,000, Sensex shuts shop above 67200; PSUs, metals and realty stocks see correctionClosing Bell: Nifty closes shy of 20,000, Sensex shuts shop above 67200; PSUs, metals and realty stocks see correction
Profit booking by the weak hands a day after the Nifty conquered 20,000 led to the benchmark closing tad below the key level at 19,993.20. The Sensex too settled flat at 67,221.13. The broader markets saw widespread correction. The Nifty Next 50 tumbled 2.30%. Nifty Media and Realty index tanked the most with losses around […]
Rupee falls 12 paise to close at 83.15 against US dollarRupee falls 12 paise to close at 83.15 against US dollar
The rupee fell 12 paise to settle at 83.15 (provisional) against the US dollar on Friday, dragged down by rising crude oil prices and a strong greenback against major rivals overseas. However, a positive trend in domestic markets restricted the downside for the local unit, forex traders said. The rupee finally settled at 83.15 (provisional) […]