Category: Uncategorized

[ad_1] Natural Gas prices has been moving up since the start of this week. The Natural Gas Futures contract on the Multi Commodity Exchange (MCX) has risen breaking the resistance at ₹227 per mmBtu sideways range on the upside. The contract is currently trading at ₹231 per mmBtu. Outlook Immediate resistance is at ₹233. This […]

[ad_1] Target: ₹500 CMP: ₹491.95 Emami’s Q1-FY24 domestic sales were impacted due to weak performance in its summer range (-5 per cent yoy; 40 per cent of Q1 sales) due to the impact of unseasonal rains and sluggish demand in rural markets. The non-summer range grew 16 per cent yoy. E-commerce and modern trade salience […]

[ad_1] Benchmark equity indices fell in early trade on Tuesday despite a firm beginning as investors preferred to remain on the sidelines ahead of the key events — RBI’s monetary policy and the US inflation data — due later this week. Continuous foreign fund outflows played spoilsport for the domestic markets. In early trade, the […]

[ad_1] The rupee gained 5 paise to close at 82.76 (provisional) against the US dollar on Monday, tracking positive domestic equities. However, sustained foreign fund outflows and a stronger American currency in the overseas market dented investor sentiments, forex traders said. At the interbank foreign exchange market, the local unit opened at 82.73 against the […]

[ad_1] The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, they added. “The […]

[ad_1] With the introduction of the merchandise collection, the brand aims to provide its customers with a means to not only embrace the electric revolution through motorcycles but also to wear and display the brand’s ethos and values. The collection features sleek and contemporary designs that align with Revolt’s cutting-edge image, offering t-shirts, hoodies, jackets, […]

[ad_1] Amid the bearish undercurrent, the inflow into equity mutual fund schemes has been steadily declining, while benchmark indices continue to reach new highs. This trend is driven by investors’ growing preference for direct investment in individual stocks. The net equity inflow touched a new peak of ₹1.64-lakh crore in FY22 after registering an outflow […]

[ad_1] Kotak Funds – India Midcap Fund (the fund), a UCITS fund domiciled in Luxembourg, managed by Kotak Mahindra Asset Management (Singapore) Pte. Ltd. (subsidiary of Kotak Mahindra Bank Limited), has crossed the $2.5-billion AUM (Assets Under Management) mark. With a proven track record spanning over 13 years, the fund has generated returns of 13.37 […]

[ad_1] Equity benchmark indices Sensex and Nifty snapped their three-session losing streak to close nearly 1 per cent higher on Friday, buoyed by gains in HDFC Bank, Reliance Industries and Infosys amid a largely firm trend in global markets. After three days of decline, the 30-share BSE Sensex climbed 480.57 points or 0.74 per cent […]

[ad_1] S&P Global, a NYSE-listed data, research and analytics firms, sees India growing at an average 6.7 per cent for the next eight years, catapulting GDP to $6.7 trillion in fiscal 2030-31 from $3.4 trillion in 2022-23. It also sees per capita GDP rising to about $4,500. Capital accumulation will be the dominant driver of […]