On the weekly futures & options expiry session Dalal Street struggled but closed with gains and continued its up-move. S&P BSE Sensex ended 37.87 points or 0.06% higher at 60,298 while the NSE Nifty 50 added 12.25 points or 0.07% to close at 17,956. The volatility index fell 1.85% on the day to settle at …
DreamFolks Services IPO sailed through on the initial data of sale with retail investors leading the subscription tally. The Rs 562 crore IPO opened for subscription earlier today after having raised Rs 252.9 crore from 18 anchor investors. The public issue saw massive interest from retail investors who have oversubscribed their portion of the initial …
Optimism is seeping back into the US stock market, as some investors grow more convinced that the economy may avoid a severe downturn even as it copes with high inflation. The benchmark S&P 500 has rebounded about 15% since mid-June, halving its year-to-date loss, and the tech-heavy Nasdaq Composite is up 20% over that time. …
Domestic benchmark indices managed to extend their up-move, narrowly, to the fifth consecutive trading session. Headline indices Sensex and Nifty closed with marginal gains after a volatile trading session on Tuesday. S&P BSE Sensex added 20.86 points or 0.04% to settle at 58,136 while NSE Nifty 50 index ended at 17,345 points gaining 5.4 points. …
By Amit Pabari After a non-event kind of July futures expiry, the USDINR pair was seen catching a roller coaster ride. The weaker dollar, probable 5G spectrum inflows, and RBI’s selling side intervention resulted in a breakout of crucial support of 79.70 and 79.50 in Indian Rupee. The bearish momentum was seen extending up to …
By Ashley Coutinho The past few months have seen a marked slowdown in additions of active customers by brokerages amid a wobble in the Indian equities and a host of regulatory diktats. “Market sentiment has taken a hit in the past few months. Cash market volumes have dipped 25-30% this fiscal and IPOs have dried …
Dalal Street headline indices witnessed a volatile trading session where bulls and bears engaged in a tug-of-war for most of the day only to see bulls emerge victorious at the closing bell. S&P BSE Sensex added 214 points or 0.37% to settle at 58,350 while the NSE Nifty 50 index gained 42 points to end …
Prime Minister Narendra Modi dedicated two rail projects during his visit to Maharashtra today. Both the projects will improve the connectivity in the region and boost the local economy. These projects are – (a) Electrification of Kurduwadi-Latur Road railway section and (b) 3rd and 4th railway line connecting Jalgaon to Bhusaval. A look at detailed …
Stocks in Asia look set for a cautious start on Monday following a jump in Treasury yields and the dollar on expectations of further aggressive Federal Reserve interest-rate hikes to tame elevated inflation. Futures dipped for Japan, Australia and Hong Kong, while S&P 500 and Nasdaq 100 contracts declined. Global shares completed a third straight …
Internet charm and billionaire Elon Musk wants his fans to read a book that he suggests. His book suggestion comes via a post on X, formerly Twitter. He recommends reading a book called, “The Capitalist Manifesto Why the Global Free Market Will Save the World” by Johan Norberg. He further elaborates on the post that …