Wall Street stocks gained ground while the dollar eased as fresh signs of cooling inflation increased prospects that the Federal Reserve could slow down its rate hikes, even as officials warned the fight to tame rising prices is far from over. Thursday’s data showed US producer prices unexpectedly fell in July amid a drop in …
The air quality deteriorated from the ‘moderate’ to ‘poor’ category with the Air Quality Index (AQI) standing at 256 on Thursday morning in the national capital, according to data from the System of Air Quality and Weather Forecasting And Research (SAFAR). #WATCH | Delhi: To mitigate pollution, water was sprinkled through an anti-smog gun in …
The government is aiming at reducing import dependence on palm oil by 25 to 30% through the production of 2.8 million tonne (MT) of oil by 2030 under the National Edible Oil Mission. Currently, around 0.35 million hectare (MH) is under palm plantation. Under the mission launched last year, an additional area of 0.65 MH …
BSE Sensex and NSE Nifty 50 were trading flat with a negative bias on Tuesday. Index heavyweights such as State Bank of India (SBI), Reliance Industries Ltd (RIL), Kotak Mahindra Bank, and IndusInd Bank, among others capped the losses in the index. So far in the day, the 30-share index rose to a day’s high …
Heightened inflationary pressures impacted GM which was down to the lowest level in at least 40 quarters. This drove Ebitda margins also down to a multi-quarter low. 3-Y volume CAGR at around mid-single digit was respectable in the current context. Correction in some of the key input prices from the peak should help, and margins …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices witnessed a volatile trading session of the weekly futures & options expiry. S&P BSE Sensex closed 51.73 points or 0.09% lower at 58,298 while the NSE nifty 50 index slipped 6.15 points or 0.04% to settle at 17,382. Bank Nifty ended 0.62% …
U.S. stock index futures were indicating a positive start to Wall Street on Friday and world stocks headed for a fourth straight week of gains as investors scaled back views on how far U.S. interest rates and inflation can climb. Oil lost some shine on Friday but has still recouped some of last week’s losses …
BSE Sensex and NSE Nifty 50 were trading in a deep sea of red on Monday, dragged by sell-off in index heavyweights. Stocks of ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Housing Development Finance Corporation, and Asian Paints contributed the most to the indices’ fall. So far in the day, S&P BSE Sensex hit a …
Indian equity markets slumped on Monday amid weak global cues. S&P BSE Sensex was down more than 600 points or 1.08% to sit just above 59,000 while NSE Nifty 50 index was down close to 200 points or 1.10% to hover above 17,550. Bank Nifty was down more than 1.5% while India VIX gained 4% …
Indian equity markets are likely to open lower on Thursday. Ahead of the weekly futures & options expiry session, SGX Nifty was down with marginal losses suggesting a flat to a negative start for benchmark indices BSE Sensex and NSE Nifty 50. Global cues were weak after Wall Street ended in red and Asian markets …