Profit booking, Covid scare drag down markets with selling across the board
The stock markets ended Wednesday’s session on a losing note with profit booking at higher levels. The Nifty50 ended 1.4 per cent down at 21,150.15 points. There was selling across the board with all sectors ending in the red. The VIX, which measures the India volatility index spiked 4 per cent to 14.45. The broader […]
PSB stocks sustain rally on hopes of another re-rating
Public sector banks have continued their good run on the bourses this year with the Nifty PSU Bank index gaining 33 per cent in the year to date. For two- and three-year periods, the index is up 123 per cent and 226 per cent, respectively. “The difference in financials and asset quality between public and […]
Stock market update: Nifty at 21400 level; Sensex at 71400 level
The benchmark indices continue to trade flat on Tuesday, BSE Sensex is up by 102.25 points or 0.14 per cent at 71,417.34 as of 12:13 pm, while the Nifty 50 is up by 16.90 pts or 0.08 per cent at 21,435.55. On the BSE, 3,764 stocks were traded as of 12:16 pm on Tuesday, of […]
Crisil Ratings downgrades Bandhan Bank’s NCD rating
Crisil Ratings has downgraded its rating on non-convertible debentures of Bandhan Bank Ltd to ‘Crisil AA-/Stable’ from ‘Crisil AA/Negative’ and reaffirmed its ‘Crisil A1+’ rating on the certificate of deposits. The rating action reflects the longer than anticipated delay in restoration of asset quality and overall profitability of the bank, to pre-Covid levels. Despite momentary […]
Stock Market Live Updates: Asian stocks tread cautiously as Japan’s central bank eyes policy shift
*Researchbytes Analyst App * https://play.google.com/store/apps/details?id=com.intelegain.rb Recent Interview… As of 17:57 PM Friday 15 December 2023 CenturyPlyboard: Keshav Bhajanka, ED Nobody Expected The Boom, Especially In The Real Estate Market: Century Plyboards Federal Bank: Shyam Srinivasan, MD & CEO Federal Bank’s MD & CEO Shyam Srinivasan On Growth & Expansion Plans Of The Bank Fusion Micro […]
FPIs flood Indian equity markets, infuse ₹1.5 lakh crore in 2023 despite global uncertainty
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly ₹1.5 lakh crore in 2023, fuelled by optimism over the country’s resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. Also read: Mcap: Nine of top-10 valued […]
SIP inflows surge by 65% in four months amidst rise in new registrations
The net inflow through the Systematic Investment Plan at ₹9,058 crore accounted for 56 per cent gross inflow of ₹17,073 crore in July with the number of new SIP increasing at a faster pace. In fact, it has been growing since July when net SIPs added up to only 36 per cent of gross inflows. […]
Rupee logs best single-day gains in over 8 months
The rupee on Friday logged its biggest single-day gain in over eight months, propelled by robust dollar inflows and a continuing rally in the domestic equity markets. The rupee closed at 83 per dollar , 33 paise stronger compared with the previous close of 83.33. the rupee appreciated below the 83 level to an intraday high […]
CottonConnect launches digital traceability platform TraceBale
CottonConnect, which helps global brands source cotton fairly and sustainably by creating robust and resilient raw material supply chains, has launched a traceability platform, TraceBale. The platform is now available as a tool to all in the apparel industry to help brands address the growing challenges around trust and transparency in the supply chain. The […]
G-Sec yields decline, tracking US Treasury yields
Government Securities (G-Secs) yields dropped on Thursday, following sharp decline in US Treasury yields after the US Fed left the benchmark interest rates unchanged at 5.25- 5.50 per cent for the third straight meeting even as its rate setting panel signalled it expects 75 basis points rate cut in 2024 from the current levels. The […]
