Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The rate of diesel and petrol have not been changed on 8 December 2022 and costs have been steady for about six months now. The last country-wide change in fuel rates was on 21 May this year, when Finance…
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Nifty, Sensex end at record highs amid dovish Fed, positive PMI; could see consolidation at higher levels
Nifty and Sensex made new intraday record highs as well as new record closing highs on Thursday, extending gains for the eight session in a row. The BSE Sensex rose for the seventh consecutive session to 63,583 before closing at 63,284. NSE Nifty hit 18,874, ending 12 points above the…
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OPEC+ oil producers face uncertainty over Russian sanctions
The Saudi-led OPEC oil cartel and allied producing countries, including Russia, are expected to decide how much oil to supply to the global economy amid weakening demand in China and uncertainty about the impact of new Western sanctions against Russia that could take significant amounts of oil off the market.…
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IPOs not always value creators, be selective; trim equity only if rebalancing: Pratik Oswal | INTERVIEW
Home-grown internet companies making way to Dalal Street present interesting opportunities for investors; however, caution is a must, said Pratik Oswal, Head of Passive Fund, Asset Management Company at Motilal Oswal Financial Services in an interview with Kshitij Bhargava of Financial Express Online. He added that investors should be selective…
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Paytm shares jump 7% post analyst call
By Siddhant Mishra Paytm shares surged 7.06% on Friday, following the positive commentary by the management in an analyst call. The share price rose by Rs 35.40 to close at Rs 536.90. Small credit, it said, is best served and collected digitally, with its payments customer base offering a large…
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Asian shares mixed as investors eye Tokyo inflation data
Asian shares were mixed on Friday as worries deepened about the regional economy and Japan reported higher-than-expected inflation. Benchmarks fell in Tokyo, Seoul and Hong Kong, but rose in Sydney and Shanghai. Oil prices advanced. “Reopening policies have pivoted in China, which will be a gradual process. COVID control measures…
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China economy hopes give world stocks a boost, Fed nerves remain
World stocks rose on Friday on expectations China’s economy would strengthen as COVID-19 curbs ease, but stocks were heading for a 2% weekly loss in nervy markets ahead of the Federal Reserve’s policy meeting next week. U.S. S&P futures were up 0.18%, while European stocks were steady. Fed policymakers meet…
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Sebi bars FWCS, its directors from markets for 1 year for unauthorised advisory services
Markets regulator Sebi has barred Fingravy Wealth Creation Services (FWCS) and its directors from the securities markets for 1 year for providing unauthorised advisory services. The order came after Sebi passed an ex-parte interim order dated January 14, 2020 against FWCS and its present and past directors — Dhiraj Gupta,…
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Global Markets: World shares slip, dollar nurses losses as US payrolls loom
European shares opened lower, Treasuries held on to gains and the dollar was nursing heavy losses on Friday ahead of U.S. non-farm payrolls data, the next big test for investors looking for more signs of a rates policy shift from the Federal Reserve. Data overnight including falling U.S. job openings…
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Share Market Highlights: Nifty at record closing high, ends above 18800, Sensex shy of 63300; IT stocks lead gains
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices NSE Nifty and BSE Sensex closed at record highs after touching fresh record highs intraday, extending gains for the eight session in a row. The BSE Sensex scaled to a record high for the seventh consecutive session at…