Indian equity markets are likely to kick off the new week on a negative note amid gloom in Asian markets. SGX Nifty hinted at a negative start for domestic benchmark indices as Nifty futures traded 75.5 points, or 0.43 per cent, lower at 17,668.5 on the Singapore Exchange. Technical analysts expect the market to extend …
By Ashley Coutinho This could be a good time for mutual fund investors to look at medium-term debt funds, given the 50-basis-points rate hike by the RBI on Friday. “Yields are peaking and for buy-and-hold investors this can be a good time to lock into medium-term products with around four-five-year tenure. Target maturity funds with …
MKU, a key player in the global defence industry, is on the brink of introducing what is hinted to be a groundbreaking innovation, aiming to once again reshape the landscape of soldier protection. A decade after the game-changing launch of its ‘Instavest’ with patented ‘quick release’ technology, the firm is set to debut a new …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Dalal Street benchmark indices witnessed a volatile trading session that saw bulls and bears engage in a tug-of-war for most of the day. S&P BSE Sensex added 214 points or 0.37% to settle at 58,350 while the NSE Nifty 50 index gained 42 points to …
Wall Street edged lower on Thursday in choppy trading as losses in Apple Inc and energy companies dampened the bullish resolve of the major indexes that had rallied in the previous session to its best in a week. Apple weighed the most on the S&P 500 and the Nasdaq, shedding 0.4%, a day after surging …
By Dilip Parmar In the week gone, the Indian rupee appreciated against the American dollar following foreign fund inflows, lower crude oil prices and risk-on moods. On Friday, the RBI delivered its third straight interest-rate increase since May to return inflation to the target and fend off further attacks on the currency. The rate hike …
By Raj Deepak Singh Rupee traded flat in the week despite strong US dollar and weak inflation data from the India. The relative resilience was seen due to persistent foreign funds inflows in domestic equities and drop in crude oil prices. Dollar index edged higher as minutes from the Federal Reserve’s July meeting showed, that …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Thursday’s trading session in the negative territory.The NSE Nifty 50 tanked 264.90 points or 1.39% to settle at 18,857.25, while the BSE Sensex shed as much as 900.91 points or 1.41% to 63,148.15. The broader indices settled lower with Midcap …
HMD Global, the company behind Nokia phones, will be launching its own branded smartphones in the first half of next year, Ravi Kunwar, vice president, India and Asia-Pacific, said in a media interaction on Wednesday. As part of the India-first strategy, the company is expected to launch the smartphones in India first, before making them …
Sun Pharmaceutical Industries’ share price fell 3.5 per cent intraday on Monday, despite a 43 per cent on-year growth in consolidated net profit at Rs 2,061 crore in FY23. The company reported a profit of Rs 1,444 crore in the corresponding quarter of previous year. The stock has risen 18.7 per cent in one year, …