BSE Sensex and NSE Nifty 50 have rallied 40 per cent from March lows, largely driven by overwhelming liquidity worldwide. However, rising coronavirus cases in India and elsewhere would limit further upside in the markets, says Ajit Mishra, VP-Research, Religare Broking. As the world fears the second coronavirus wave, there is huge uncertainty related to …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices closed flat but in opposite directions on Wednesday. S&P BSE Sensex ended the day 35.78 points or 0.06% lower at 58,817 points while the NSE Nifty 50 index closed 9.65 points or 0.06% in the green to settle at 17,534. Bank Nifty …
ITC share price jumped nearly 3 per cent to a new 52-week high of Rs 316.65 apiece on BSE on Tuesday, after the company’s consolidated net profit rose 33.46 per cent on-year to Rs 4,462.25 crore in April-June 2022. The company had posted a profit of Rs 3,343.44 crore during the corresponding quarter of previous …
By Jigar Trivedi MCX Gold October futures, having appreciated for four consecutive weeks, ended the previous week with a more than 2% drop. MCX Silver also declined by nearly 6% after Chinese economic data raised questions for the recovery in the region. Comex gold dropped to $1,749 an ounce, dropped by more than $50 or …
U.S. stock index futures fell on Friday after Federal Reserve officials said the central bank needs to keep raising interest rates to rein in inflation, while deliberating on how fast and how high to lift them. High-growth and technology stocks such as Amazon.com Inc and Alphabet Inc declined more than 1% in trading before the …
The Cabinet on Wednesday approved Nutrients Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the rabi season (October – March) 2023-24 at Rs 22,303 crore. This represents a 57% decline compared to previous year thanks to a fall in the global prices of the soil nutrients. In 2022-23, total NBS for both …
By Ashley Coutinho The profitability of listed mutual fund players came under pressure for the quarter ended June amid weak markets and a regulatory diktat that prevented fund houses from hitting the market with with offerings. The total AUM of open-ended equity funds as of June 30 stood at Rs 12.86 trillion, down by 5.9% …
Avalon Technologies has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise around Rs 1,025 crore through an initial public offering. The IPO will consist of a fresh issue of Rs 400 crore and an offer-for-sale (OFS) of up to Rs 625 crore by its existing …
L&T Finance has partnered with boAt to offer a free smartwatch to every customer who takes a two-wheeler loan from L&T Finance. As per the company, the partnership reflects boAt’s commitment to making wearable technology more accessible to Indian consumers, while also aligning with L&T Finance’s focus on providing a lifestyle upgrade to its customers. …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic stock markets witnessed a volatile trading session on Wednesday with headline indices dancing between gains and losses. At the end of the day, S&P BSE Sensex added 54 points or 0.9% to settle at 59,085 while the NSE Nifty 50 index jumped 27 points …