Indian equity markets have been highly volatile in the past few sessions, swinging between gains and losses. Amid this volatility, analysts believe that thematic, stock specific approach may help make better investment decisions. One of the sectors that investors can look at is infrastructure. Nifty Infra index has rallied around 10% in the last 6 …
Share Market Highlights: Sensex ends flat with marginal gains at 58136, Nifty settles at 17345; Zomato up 20%
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices witnessed a volatile trading session on Tuesday where benchmark indices ended flat with a positive bias. 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. Bank Nifty …
Asian stocks struggle as traders mull hawkish US Fed comments, US-China ties; July US employment data eyed
Stocks struggled for traction in Asia on Wednesday and the dollar climbed as investors evaluated heightened US-China tension and hawkish Federal Reserve comments. Shares were mixed in Japan and fell in South Korea and Australia. S&P 500 and Nasdaq 100 futures slipped after a dip in Wall Street shares on Tuesday. Hong Kong contracts earlier …
KPMG collaborates with Vianai Systems to introduce AI in finance
According to an official release, KPMG in India, a professional services firm, and Vianai Systems, a Human-Centered AI (H+AI™) platform and products company, announced an alliance to put reliable, conversational AI directly into the hands of finance users with Vianai’s hila Enterprise. “Delivering the power of AI into the hands of finance users can make …
Rupee likely to depreciate amid strong dollar demand, risk aversion in markets; USDINR pair to trade sideways
The Indian rupee Rupee is likely to depreciate against the US Dollar on Wednesday amid strong US dollar, risk aversion in markets, US inflation and Fed rate hike fears. USDINR spot price is expected to trade in a range of Rs 78.50 to Rs 80.50 in next couple of sessions. Rupee depreciated by 39 paise …
Petrol, diesel sales fall in July as monsoon sets in
Petrol and diesel sales in the country fell in July over the previous month as the onset of monsoon chipped away demand in some sectors and restricted mobility, preliminary industry data showed. Diesel, the most widely used fuel in the country, saw consumption drop 13.1 per cent to 6.44 million tonnes from 7.39 million tonnes …
Tamil Nadu: Petrol bomb hurled outside Governor RN Ravi’s residence, BJP alleges DMK ‘sponsoring’ attacks
A petrol bomb was hurled outside Tamil Nadu Governor RN Ravi’s residence in Chennai on Wednesday. A complaint has been filed in Guindy police station, reports ANI. #WATCH | Tamil Nadu: A petrol bomb was hurled outside Raj Bhavan today in Chennai. A complaint has been lodged in Guindy police station. Further details awaited. pic.twitter.com/irbfkZ3sYL …
IRM Energy sees lacklustre debut on bourses, lists at 5% discount; Should you hold or exit?
IRM Energy shares listed a 5.49% discount over the IPO price amidst weak market sentiments. On the NSE, the stock debuted at Rs 477.25, compared to the Rs 505 issue price, while on the BSE, it listed at Rs 479 “Despite strong subscription demand for its ipo, IRM Energy listing was below street expectations mainly …
Fairfax-backed Go Digit to raise Rs 1,250 crore through IPO
Go Digit General Insurance, which is backed by Canada’s Fairfax Group and celebrity investor Virat Kohli, on Tuesday filed a draft red herring prospectus (DRHP) with markets regulator Sebi for a Rs 1,250-crore initial public offering (IPO). The proposed IPO will also include an offer-for-sale (OFS) of up to 10,94,45,561 equity shares by the company’s …
Indore-5 Constituency Madhya Pradesh Assembly Election 2023: Date of Result, Voting, Counting; Candidates
Indore-5 MP Assembly Election 2023 Details: The Election for Indore-5 Assembly Constituency in Madhya Pradesh will be held on November November 17. The date of voting and result was officially announced by the Election Commission of India on October 9 . Here are the important details of the Indore-5 Constituency Assembly Election 2023 that you …