Foreign institutional investors (FII) offloaded shares worth net Rs 4,236.60 crore, while domestic institutional investors (DII) added shares worth net Rs 3,569.36 crore on October 25, 2023, according to the provisional data available on the NSE. For the month till October 25, 2023, FIIs sold shares worth net Rs 17,396.07 crore while DIIs bought shares …
The four-day rally in equities made investors richer by over Rs 12.74 lakh crore with the benchmark Sensex jumping 5.15 per cent to reclaim the 58,000-mark. The 30-share BSE benchmark climbed 545.25 points or 0.95 per cent to finish at 58,115.50 on Monday. The benchmark ended above the 58,000-level for the first time since April …
Rate sensitive stocks such as banks, realty, and autos traded mixed on Friday after the Reserve Bank of India (RBI) hiked repo rates by 50 basis points (bps) to 5.4 per cent. Nifty Bank, Nifty PSU Bank, Nifty Private Bank, and Nifty Realty indices were trading in positive territory, gaining up to one per cent. …
By Vaibhav Agrawal The ever-rising carbon footprint will damage the world permanently, and what’s even more concerning is that India stands 3rd on the list of ‘Top 10 Polluting Countries’ after China and the US. The after-effects of pollution can already be felt in the air and our bodies. As we all know, the climate …
Nifty 50 is likely to scale fresh all-time highs of 19,425 in the next twelve months, said analysts at ICICI Direct. Although the April-June quarter earnings were muted for Dalal Street, the recent southward march undertaken by commodity prices is seen to be providing comfort going forward. “The recent cool off in key commodity prices …
Diesel demand in India fell for the second month in a row as the onset of monsoon chipped away consumption in key sectors like agriculture, preliminary industry data showed Tuesday. Petrol and diesel demand had fallen month-on-month in July. While petrol consumption is almost flat in the first half of August, diesel – the most …
IT major Tata Consultancy Services (TCS) has received a notice from the Maharashtra state government’s deputy labour commissioner’s office in Pune over the delay in onboarding of lateral recruits. The company’s management representatives have been called for a meeting on November 2 to resolve the issue. The labour office was responding to complaints filed by …
KECI’s Q1FY23 Ebitda margin was lower than our estimate; working capital rise and losses led to higher debt levels. However, we expect profitability to improve in H2FY23F on lower commodity prices and completion of legacy loss-making Brazil projects. EBITDA margin to improve from H2FY23F onwards, reaching ~10% in Q4FY23F: Commodity prices (in particular steel) have …
US stocks retreated after weak economic data, with traders awaiting more clarity on the Federal Reserve’s monetary policy path from the annual central bankers’ symposium later this week. The S&P 500 saw its third straight drop after swinging between gains and losses throughout the session. Trading volume was among the lowest in 2022. Treasury 10-year …
Capital markets regulator Sebi on Friday decided to provide one more settlement opportunity to the entities who were involved in reversal trades in the stock options segment on BSE in 2014 and 2015.The settlement scheme will commence on August 22 and end on November 21, the Securities and Exchange Board of India (Sebi) said in …