The market capitalisation of BSE-listed firms reached an all-time high of over Rs 280.52 lakh crore on Thursday, helped by a continuous rally in equities.The 30-share BSE Sensex ended 37.87 points or 0.06 per cent higher at 60,298. This is the benchmark’s fifth straight session of gains. Tracking rally in equities, the market capitalisation of …
The CRC Group, a realty player headquartered in Noida (UP), has announced the launch of its much-awaited commercial project with intelligent office spaces — CRC Flagship — in Sector 140, Noida. The company plans to invest around Rs 800 crore for developing this project and the expected revenue is Rs 1200 crore. Spanning across a …
Mandi prices of tomato and onion have witnessed a sharp decline in the last month because of improvement in supplies due to more-than-adequate monsoon rains in key producer states of Maharashtra, Karnataka, Andhra Pradesh and Madhya Pradesh. The benchmark mandi prices of tomato at Kolar in Karnataka stood at Rs 600 per quintal on Monday, …
Indian government bonds are expected to be included in the JPMorgan Government Bond Index-Emerging Markets (GBI-EM) in 2023, according to analysts at multinational investment bank Goldman Sachs, owing to resolution of some operational issues and diversification of the index. The index monitors government bonds in emerging markets. In case India’s weight in the index reaches …
The Reserve Bank of India (RBI) deputy governor, T Rabi Shankar, on Wednesday underlined the need to improve the level of transparency and increase the speed at which information and data in the corporate bond market move. This can be effected by elevating such disclosures akin to those maintained in the government market securities, he …
BSE Sensex and NSE Nifty 50 were trading flat to positive on Friday, after RBI MPC raised repo rate by 50 bps. Stocks of index heavyweights such as ICICI Bank, Infosys, State Bank of India, Bharti Airtel, and UltraTech Cement, among others helped the indices to stay in green. So far in the day, BSE …
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The prices of petrol and diesel on August 4, were left untouched by OMCs once again. Prices have held steady for 72 days now across the country, except in Maharashtra. Pieces were cut in Maharashtra when the state government announced a cut in value-added …
Indian equity markets ended higher on Monday with Nifty settling above major resistance level of 17500. The Sensex was up 465.14 points or 0.80% at 58,853.07, and the Nifty was up 127.60 points or 0.73% at 17,525.10. M&M, Coal India, Bajaj Finserv, Hindalco Industries and HDFC Bank were among the major gainers on the Nifty. …
The rupee depreciated by 20 paise to close at 79.84 against the US dollar on Friday amid a strengthening greenback overseas.At the interbank foreign exchange market, the local currency opened at 79.75 and moved in a range of 79.73 to 79.84 during the day. It finally ended at 79.84 against the American currency, down 20 …
Domestic stock exchanges will resume trading today after a day’s hiatus on account of Muharram. Entering Wednesday’s trade, SGX Nifty was down with losses, suggesting a flat to negative opening for BSE Sensex, NSE Nifty 50. Global cues were weak after Wall Street closed in the red on Tuesday. “Nifty has decisively surpassed the hurdle …