The Indian share market started Wednesday’s trade on a volatile note dancing between gains and losses. S&P BSE Sensex was trading flat and hovering around the 59,000 mark while the NSE Nifty 50 index was holding above 17,550. Bank Nifty was above 38,700 while India VIX (volatility index) was at 19 levels. While a stronger …
India equity markets are likely to open lower on Friday amid mixed global cues. Early trends on SGX Nifty hinted at a negative start for benchmark indices BSE Sensex and NSE Nifty 50. Nifty futures were trading 45.5 points, or 0.25% lower at 17,958.5 on the Singapore Exchange, ahead of today’s session. “The earnings season …
Rakesh Jhunjhunwala was known for his unwavering optimism on Indian stock markets. The big bull backed the India growth story and never shied away from letting it be known. However, the ace investor made a mammoth wealth early in his investing journey by shorting the market rather than going long. Rakesh Jhunjhunwala started his stock …
Gold prices hit all-time high levels on MCX as investors rushed for safe-haven assets amid coronavirus pandemic and geopolitical tensions. Continuing the gaining spree, gold prices made a new high of Rs 51,150 per 10 grams on MCX in the previous session. Sugandha Sachdeva, VP-Metals, Energy & Currency Research, Religare Broking expects gold prices to …
Zomato share price fell more than half a per cent down to Rs 61.90 apiece on BSE on Thursday. Kotak Institutional Equities has raised Zomato’s target price to Rs 85 from Rs 80 earlier, and has retained ‘buy’ rating on the stock. The target price implies a 36.5 per cent potential rally from the last …
Those who knew Rakesh Jhunjhunwala closely often heard him say that he would ideally want to have his breakfast, do some trading, get back home for dinner, have his drink and then go to sleep and not get up the next day. And as the news of his passing at 7 am on Sunday, August …
Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were trading over half a per cent down on Wednesday, a day before weekly F&O expiry. Stocks of index heavyweights such as Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC), ITC, Reliance Industries contributed the most to the indices’ fall. So far in the day, …
Indian government bonds may be added to a global index next year, triggering passive inflows of about $30 billion that will help the country to finance its current account and fiscal deficits, according to Goldman Sachs Group Inc. The nation’s sovereign bonds may be added to JPMorgan’s GBI-EM Global Diversified bond index with an initial …
European auto major Stellantis has announced that it plans to invest around 1.5 billion euros to acquire approximately 20 percent stake in Leapmotor. This agreement with Leapmotor will make Stellantis a significant shareholder in the company. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for …
BSE Sensex and NSE Nifty 50 ended more than 1 per cent down, each, on Friday, as growth concerns weighed on investor sentiment. BSE Sensex tanked 652 points or 1.08% to end at 59,646.15, while NSE Nifty 50 points ended at 17758, down 198 pts or 1.10%. Index heavyweights such as Reliance Industries Ltd (RIL), …