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[ad_1] The rupee depreciated 4 paise to 83.22 against the US dollar in early trade on Thursday, tracking negative cues from domestic equity markets and sustained withdrawal of foreign funds. Forex traders said a lower greenback index weighed in favour of the local currency, amid rising concerns over disruption in global trade through the Red […]

[ad_1] 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 […]

[ad_1] 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 […]

[ad_1] 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, […]

[ad_1] 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 […]

[ad_1] *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 […]

[ad_1] 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 […]

[ad_1] 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 […]

[ad_1] 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 […]

[ad_1] 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. […]