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After a substantial slump in the previous session, domestic equity benchmark indices opened on Thursday on a positive note. Major US stock indexes ended down slightly in the overnight session, losing early gains tied to remarks by Federal Reserve Chair Jerome Powell that the US central bank is “strongly committed” to bringing down inflation, while […]

Fertilizers & Chemicals Travancore Ltd, V-Mart Retail Ltd, Asahi India Glass Ltd, Procter & Gamble Hygiene and Health Care Ltd are among the other stocks to see a surge in volumes on NSE today, 21 June 2022.3M India Ltd clocked volume of 31524 shares by 14:14 IST on NSE, a 10.08 times surge over […]

The Indian market closed positive for the second day in a row on Tuesday amid positive global cues and lack of fresh triggers. Extending gains, equity benchmarks Nifty50 and Sensex closed higher by 1.8% each. The broader Nifty50 closed above 15,600 and the Sensex settled above 52,500.   The action returned to the broader market […]

The Nifty realty index broke out of a 10-year consolidation in July 2021 at 370. It went on to hit the high of 560 in November 2021. As the Indian share market corrected, the realty index is down 35% in the last 7 months. The question on everyone’s mind is, should you buy the dip? […]

Multiple forces have been pulling the Indian rupee down, including the exit of foreign portfolio investors, the rising cost of international crude oil prices, and a strong dollar. Mint explains the implications of the decline in the Indian currency. How low can the rupee go? The rupee was falling till the middle of December 2021 […]

Markets are set to remain on edge amid elevated price pressures and concern that monetary tightening in a range of nations portends more losses. At 10am, Sensex was down 3.40 points at 51,357.02, while the broader Nifty fell 14.70 points to 15,278.80 20 Jun 2022, 10:11:16 AM IST India’s Russian coal buying spikes as traders […]

Jun 19, 2022 6:03 PM (IST) Posted by Hritika Mitra Six high courts get new chief justices New chief justices were appointed to six high courts on Sunday including to the Delhi HC. The Department of Justice in the Union Law Ministry tweeted about these appointments. While five HC judges were elevated as chief justices, […]

What is happening in China is because of the lockdowns. Steel consumption in China also topped a bit. Production was actually quite strong and hence you saw seven million tonnes of exports in May which is higher than their normal five million ton kind of monthly exports, CEO & MD TV Narendran said in an […]

The risk-reward of the Indian market has improved and the market is looking more reasonably valued today, than six-nine months back, according to Prashant Jain, executive director and chief investment officer, HDFC AMC. He believes that the near-term outlook for the Indian economy looks steady, and over time, the country’s economic growth has the potential […]

The rupee advanced 5 paise to settle at 78.05 against the US dollar on Friday amid a muted trend in domestic equities and unabated foreign capital outflows. A strong dollar overseas and higher crude prices also capped the gains, forex dealers said. At the interbank forex market, the rupee opened strong at 78.03 against the […]