By Dilip Parmar In the week gone, the Indian rupee appreciated against the American dollar following foreign fund inflows, lower crude oil prices and risk-on moods. On Friday, the RBI delivered its third straight interest-rate increase since May to return inflation to the target and fend off further attacks on the currency. The rate hike …
By Raj Deepak Singh Rupee traded flat in the week despite strong US dollar and weak inflation data from the India. The relative resilience was seen due to persistent foreign funds inflows in domestic equities and drop in crude oil prices. Dollar index edged higher as minutes from the Federal Reserve’s July meeting showed, that …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Thursday’s trading session in the negative territory.The NSE Nifty 50 tanked 264.90 points or 1.39% to settle at 18,857.25, while the BSE Sensex shed as much as 900.91 points or 1.41% to 63,148.15. The broader indices settled lower with Midcap …
HMD Global, the company behind Nokia phones, will be launching its own branded smartphones in the first half of next year, Ravi Kunwar, vice president, India and Asia-Pacific, said in a media interaction on Wednesday. As part of the India-first strategy, the company is expected to launch the smartphones in India first, before making them …
Sun Pharmaceutical Industries’ share price fell 3.5 per cent intraday on Monday, despite a 43 per cent on-year growth in consolidated net profit at Rs 2,061 crore in FY23. The company reported a profit of Rs 1,444 crore in the corresponding quarter of previous year. The stock has risen 18.7 per cent in one year, …
By Bhavik Patel WTI crude has been stuck in the range of $87-$92 in the past one week. Sentiment has turned bearish despite disruption of oil passing from Ukraine through Europe. Although the disruption has been resolved but market is focusing on the upcoming recession and demand destruction which is why we have seen the …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity markets ended higher on Monday, supported by index heavyweights like Reliance Industries, HDFC Bank, Bajaj Finance and Maruti Suzuki. The BSE Sensex ended 465 points or 0.80% up at 58,853, while NSE Nifty 50 settled 127 points or 0.73% higher at 17,525. Indian …
Continuing with its RURBAN focus, FMCG giant Nestle India on Wednesday said penetration-led volume growth, along with increased focus on digitisation, will be the key to its growth strategy. “We intend to sell more and sell wider. India is the fastest growing market for us, with an addressable 487 million consumers. We intend to take …
Housing development Finance Corporation’s (HDFC) share price was down in the red on Monday morning as investors reacted to the company’s quarterly earnings that were released on Friday. HDFC had reported a 22% on-year rise in net profit to Rs 3,669 crore in the April-June quarter, however, analysts had higher hopes from the mortgage lender. …
Atmospheric disturbance around a low-pressure area causes the formation of cyclones which is distinguished by rapid and often destructive air circulation. With cyclones come violent storms and bad weather. There are two classifications of cyclones namely, extra tropical cyclones and tropical cyclones. While extra-tropical cyclones mainly form in polar regions and temperate zones, tropical cyclones …