Domestic stock markets return to action today after a day’s hiatus. So far this week, bulls have been in control on Dalal Street pushing benchmark indices higher. S&P BSE Sensex is currently placed at 58,853 points adding 465 points or 0.80% on Monday while NSE Nifty 50 is at 17,525, up 127 points or 0.73%. …
LPG Prices Slashed (August 1, 2022): The price of a commercial LPG cylinder was reduced on Monday, in line with weakening international rates. The price of liquefied petroleum gas (LPG) used in commercial cylinders was cut by Rs 36 per 19-kg cylinder. Following the latest price reduction, the 19-kg commercial cylinder will now cost Rs …
Indian equity markets are likely to open higher on week’s last trading day. Ahead of Friday’s session, SGX Nifty was up with gains, suggesting a positive opening for benchmark indices BSE Sensex, NSE Nifty 50. Global cues were mixed after Dow Jones and S&P 500 closed with losses while the tech-heavy NASDAQ gained in the …
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading flat to negative in India on Wednesday, as yellow metal trades flat globally. On Multi Commodity Exchange, gold October futures were trading at Rs 51,807 per 10 gram, as against the last close of Rs 51,837. Silver September futures were ruling at …
Reasonable affordability, preference for home-ownership post Covid and low mortgage penetration (11% of GDP) should drive housing demand, Jefferies India said in a note, initiating coverage on select stocks in the sector. The research firm noted that under-penetration should drive 13 per cent CAGR in housing loans, and 17 per cent loan CAGR at smaller …
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been kept steady for the 90th day by OMCs on Friday, 19 August 2022. Petrol price in Delhi today stands at Rs 96.72 a litre as against Rs 105.41 a litre prior to the cut in excise …
By Nayan Dave Though progressive cotton sowing in India has crossed last year’s 12-million-hectare mark till now this season, prices are still hovering around Rs 91,000 to Rs 96,000 per candy (356 kg per candy) and it is unlikely to subside till fresh cotton crop hits the market in October. Also Read| India needs robust …
By Ashley Coutinho The holding of domestic investors in companies listed on the NSE hit an all-time high for the quarter ended June, even as the share of foreign portfolio investors (FPIs) slumped to a 10-year low. Share of FPIs in NSE firms slumped 96 bps to 19.20% during the same period on the back …
The Supreme Court on Friday directed market regulator, the Securities and Exchange Board of India (SEBI), to give Reliance Industries Ltd (RIL) access to certain documents which have been relied upon by it in its probe into a share acquisition matter. In a major relief to RIL, a bench headed by Chief Justice N V …
The Indian Rupee is likely to trade in a rangebound manner on Wednesday amid mixed cues. The range for the day as RBI ensures to keep rupee within 80 levels is 79.70 to 80.00, according to forex analysts. Any trigger may lead to a breakout and set a target of 80.50-81.00 levels. In the previous …