The domestic indices rallied to hit fresh record highs intraday before paring gains to end at record highs. Sensex closed at 62,504, up by over 200 points or 0.3%, while Nifty closed the session at 18,562. Bank Nifty was trading marginally in green and ended at 43,020. The broader market…
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Dollar set for weekly loss as investors brace for slower Fed rises
The US dollar stood close to a three-month low and was headed for a weekly loss on Friday, as the prospect of the Federal Reserve slowing monetary policy tightening as soon as December preoccupied investors and kept the mood buoyant. Trading was thin overnight due to the Thanksgiving holiday in…
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ICICI Bank shares outperform Nifty50, rally 22% so far in 2022; should you buy, hold or sell?
ICICI Bank shares have been trading around the record high level of Rs 958. The stock has rallied over 20 per cent so far this year, and the bullish momentum is expected to continue, according to analysts. Several brokerages are bullish on the large private lender and have strong ‘Buy’…
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Petrol and Diesel Rate Today, 8 December: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities
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…