Indian benchmark indices are likely to open lower amid weak global cues. Trends in the SGX Nifty hinted at a negative opening the domestic share market as Nifty futures traded 63 pts lower at 18,746 level on the Singapore Exchange. In the previous session, the BSE Sensex fell 34 points…
Nifty 50’s correction at 17800 still looks frothy and expensive, says Nikhil Kamath, Co-founder, True Beacon and Zerodha. In an interview with Kshitij Bhargava of Financial Express Online, Nikhil Kamath, who has been named as the youngest philanthropist in the Hurun EdelGive list 2021, says that even if there’s a…
US long-term Treasury yields sank to a more than seven-week trough on Friday while the dollar drooped near recent lows against other major currencies peers as markets continued to digest dovish signals from the Federal Reserve. Expectations of a less aggressive pace of US monetary tightening from as soon as…
Recent spurt in business development has taken Godrej Properties’s (GPL) project additions since FY21 to Rs 30,000 crore/30m sf+, 90%+ of which are via the buy-out route. Rising residential prices and low competition for land acquisitions make GPL’s move timely; and projects are likely to boost revenue & margin visibility.…
Market sentiment remained weak throughout the day after the Reserve Bank of India (RBI) on Wednesday, December 7 hiked key interest rates by 35 basis points to combat the rising inflation. The Sensex closed below 62,450 while the Nifty settled below 18,600. Indian stock market The BSE Sensex fell 215.68…
At a time when the markets are seeing some consolidation after the benchmark indices hit new highs, investors need to protect their portfolio from any short-term market correction. Experts say investors should look at rebalancing your portfolio and stick to your long-term asset allocation strategy, go for low-duration debt funds,…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The domestic indices BSE Sensex and NSE Nifty hit fresh record highs intraday. Nifty topped the 18,800 level, hitting a new record high of 18,816.05, up 1% before ending the session at record closing high of 18,758.35. The BSE Sensex…