Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for the 84th day by OMCs on August 17. The most recent price reduction had come in Maharashtra when the state government announced a cut in value-added tax (VAT) on petrol by Rs 5 …
CSB Bank CASA to remain at 30-31%
The current account savings account (CASA) ratio of CSB Bank will remain at an average of 30-31% for next one year as the bank will adopt a more diversified liability strategy, says managing director and chief executive officer Pralay Mondal. “When you grow faster than what you have grown in the past, a lot of …
Market surge turns spotlight on valuations
By Ashley Coutinho The steep run-up in the last month-and-a-half has pushed up valuations of Indian equities. After a punishing first half, the Nifty50 rallied 8.7% in July on hopes that the US Federal Reserve would raise rates at a slower clip, paring the year-to-date decline to 1.3%. “The Nifty, at 15,200, was a good …
Market HIGHLIGHTS: Sensex ends 652 pts down, Nifty at 17758 on weak global cues; Reliance, ICICI Bank fall
Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: BSE Sensex and NSE Nifty 50 ended more than 1 per cent lower on Friday, on the back of weak global cues. 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 …
Sensex scales 60k after four months
Indian equities rose for the seventh straight session on Wednesday, with the BSE Sensex reclaiming the 60,000 level after more than four months amid positive global cues and sustained buying by overseas investors. The BSE Sensex ended the day at 60,260, with a gain of 417 points, while Nifty 50 rose 0.67% at 17,944. The …
Earnings, global cues to set market trend this week: Analysts
Quarterly earnings and global developments would be the major factors driving equity markets in the holiday-shortened week ahead, analysts said. Foreign fund movement will also play a crucial role in deciding the trend, they added. “This week market will deal with the last batch of Q1 earnings where it will react to SBI, HPCL and …
Nifty may hit 17650 if it sustains above 17450 support, but rally towards 17750 may see selling pressure
BSE Sensex and NSE Nifty 50 closed flat but in opposite directions on Wednesday, a day before weekly F&O expiry. S&P BSE Sensex ended the day 35.78 points or 0.06% lower at 58,817 points while the NSE Nifty 50 index closed 9.65 points or 0.06% in the green to settle at 17,534. Index heavyweights such …
Sensex ends 1% up on weekly F&O expiry, Nifty support at 17450, D-St gains for 4th day straight; CPI, IIP eyed
BSE Sensex and NSE Nifty 50 ended nearly 1 per cent higher on the day of weekly F&O expiry, as lower-than-expected inflation in the US bolstered equities across the globe. Ahead of India’s inflation data, BSE Sensex jumped 515 points or 0.9 per cent to end at 59,333, while NSE Nifty 50 gained 124 points …
LIC, Paytm, Reliance, ONGC, Aurobindo Pharma, Bharat Dynamics, Apollo Hospitals, Adani Group stocks in focus
Indian equity markets are likely to witness a muted start on Friday. Entering the session, Nifty futures traded 12.5 points, or 0.07% lower at 17,676 on the Singapore Exchange, signaling that Dalal Street was headed for a flat to negative open. “The technical landscape for Nifty is likely to be positive as long as the …
ICICI Bank, Adani Power among 125 BSE stocks to hit new 52-week highs; Future Enterprises at fresh 52-week low
BSE Sensex and NSE Nifty 50 were trading weak on Thursday, a day of weekly F&O expiry. Index heavyweights such as Infosys, Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank, and Dr Reddy’s Laboratories contributed the most to the indices’ fall. So far in the day, BSE Sensex rose to 60,287 as day’s high, …