By Achin Goel Indian benchmark indices have performed well over the last few months due to rising participation of retail investors, strong corporate earnings and a robust recovery in the economy. Government initiatives such as approval of PLI schemes to boost domestic manufacturing capabilities, announcement of the relief package for…
By Shrikant Chouhan The benchmark indices NSE Nifty 50 and BSE Sensex continued positive momentum on Tuesday. After a muted opening, the Nifty/Sensex slipped over 50/150 points, but one more time they took support near 17850/59850 and reversed sharply. Among sectors, PSU bank stocks outperformed, and the Nifty PSU Bank…
By Sushant Bhansali Pandemic-related disruption now seems like a distant memory. As more and more sectors like education, entertainment and travel open up, the economy has certainly turned around with great agility, and the markets have acknowledged it quite resoundingly. The intensity of the rally has definitely caught everyone by…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmarks closed in red after a volatile session of trade amid weak global cues. While BSE Sensex closed over 200 points lower, at 62,626 while NSE Nifty settled 0.3% lower at18,642. Tata Steel, HCL Tech, Infosys, TCS, Nestle led…
Nine of the top 10 valued firms together added Rs 79,798.3 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners. In the last week, the 30-share BSE Sensex climbed 630.16 points or 1 per cent. The barometer settled at…
By Siddhant Mishra Sebi on Tuesday announced that active mutual fund (MF) schemes have to limit investments in debt instruments issued by a single issuer, based on the credit rating. Similar caps already exist for passive funds, such as exchange-traded funds, and are intended to reduce the risk from a…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices ended lower on December 9 with Nifty around 18,500. BSE Sensex fell 389.01 points or 0.62% to 62,181.67, and the NSE Nifty 50 settled 112.70 points or 0.61% lower at 18,496.60. Sectoally, information technology index shed 3…
Markets regulator Sebi on Thursday extended the deadline till December 15 for credit rating agencies to implement the standardised framework for industry classification. The framework is for rating exercise and research activities. Also Read: Sebi bars FWCS, its directors from markets for 1 year for unauthorised advisory services In view…
By Bhavik Patel Traders rushed into risky assets including gold and silver after the market reacted to Fed Chairman Jerome Powell’s speech at the Brookings Institution in Washington, where he continued to focus on his remarks to slow the pace of upcoming rate hikes. COMEX gold finally breached the psychological…
The board of State Bank of India (SBI) on Tuesday approved raising of Rs 10,000 crore through infrastructure bonds in the current fiscal. The issue includes a green-shoe option of Rs 5,000 crore and the bonds could be sold through a public issue or a private placement. The board’s approval…