Domestic institutional investors (DIIs), primarily mutual funds, held $12.7 billion net shorts in single stock futures as on November 24 while in index futures, they held net shorts worth $901 million. The build-up of short positions is not alarming and in line with their usual positioning, according to experts. The…
Foreign institutional inventors (FII) sold shares worth a net Rs 1,131.67 crore while domestic institutional investors (DII) bought shares worth Rs 772.29 crore on Thursday, December 8, 2022, according to the data available on NSE. For the month till December 8, FII sold shares worth a net Rs 5,499.13 crore…
Global shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided. Hong Kong’s benchmark surged 5.2% and most other markets in Europe and Asia advanced. US futures edged higher. Oil prices rose more than $1 per barrel. France’s CAC…
The petrol and diesel rates remained steady on 25 November 2022, (Friday), the prices for petrol and diesel have not fluctuated for over four months. Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) update petrol and diesel rates…
Indian benchmark indices may open in green amid positive global cues., hinted SGX Nifty. Ahead of the week’s last trading session, Nifty futures were trading 0.35% higher at 18792 on the Singapore exchange. “Markets are seeing time-wise correction and weak global cues are delaying the recovery. We feel the consolidation…
By Siddhant Mishra The Sensex may hit the 80,000-mark by the end of the next calendar year if the country is included in global bond indices and prices of commodities, such as oil and fertilisers, drop sharply, Morgan Stanley analysts said on Monday. The inclusion could result in nearly $20…
The domestic indices NSE Nifty 50 and BSE Sensex ended flat in trade on Friday. Sensex closed at 62,294, giving up the 63,000 level but ended 20 points higher. Nifty ended at 18,512, up 0.15%, while the Bank Nifty index lost 0.2% in trade today to close at 42,983. All…
Stocks and commodities prices suffered a broad sell-off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs hit growth expectations in the world’s second-largest economy. Clashes between police and protesters across several major cities over the weekend halted a tentative stocks rally that gathered…
By Milind MuchhalaThe Indian equity market finally seems to be witnessing the much-awaited correction, although the headline index is getting some support from the healthy performance of the financials. However, this is masking the weakness in the broader market, especially in the midcap and small cap space. While the respective…
The rupee pared initial losses and settled marginally higher at 82.47 against the US dollar on Wednesday after the Reserve Bank of India (RBI) hiked the key repo rate by 35 basis points. Easing crude oil prices also supported the domestic unit, forex traders said. The local unit finally settled…