Indian benchmark indices have inched upwards so far this year, despite global and domestic headwinds. BSE Sensex and Bank Nifty have hit fresh highs while NSE Nifty 50 index has climbed over 4 per cent so far in 2022 and is just 100 odd points shy of hitting its all-time…
U.S. stock index futures were largely subdued on Friday, with investors closely monitoring the major retailers as Black Friday sales began against the backdrop of stubbornly high inflation and worries about a potential recession next year. U.S. retail stocks, a barometer of consumer confidence as inflation bites, remain under pressure…
Dharmaj Crop Guard IPO opened for subscription on Monday, 28 November, and will close on 30 November. The price band for the IPO has been fixed Rs 216–237 per share. Dharmaj Crop Guard IPO comprises a fresh issue of shares worth Rs 216 crore and a sale of 14.83 lakh…
By Siddhant Mishra Shares of media company New Delhi Television (NDTV) rose 5% to Rs 447.70 on Wednesday, hitting the upper circuit for the fourth straight session. NDTV announced in a stock exchange filing late on Tuesday that founders Prannoy and Radhika Roy have resigned from the board of directors…
By Siddhant Mishra Auto stocks fell on Friday, taking the S&P BSE auto index down by 1.3%, after the wholesale despatches data for November disappointed the Street. Maruti Suzuki and Mahindra & Mahindra (M&M) were among the biggest drags on the sectoral gauge. The M&M stock lost 2.6% while the…
Domestic institutional investors (DIIs) turned net sellers in the month of November. NSE Data shows that DIIs offloaded stocks worth around Rs 6,300 crore in November 2022. Despite the selling, India’s benchmark indices BSE Sensex and NSE Nifty 50 scaled new highs, as Foreign institutional investors (FIIs) pumped in over…
The Indian rupee opened marginally lower at 81.67 per dollar on Friday, down from the previous close. The local unit is expected to trade in a range of 79-82 against the US dollar in 2023 as it may continue to face pressure from external factors, according to experts. “Maybe 80-82…
The rupee appreciated 30 paise to close at 81.63 (provisional) against the US dollar on Thursday as a weak greenback in the overseas market and a rally in domestic equities boosted investor sentiments. Forex traders said the dollar fell in international trade post the weak US data and dovish Fed…
The Union government should moderate the excise duty it levies on CNG till such time that the environment-friendly natural gas is included in the one-nation-one-tax GST regime, Kirit Parikh Committee has recommended. Natural gas is currently outside the ambit of GST, and existing legacy taxes — central excise duty, state…
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was negative on Thursday as a result of negative global cues, while silver rate was down 0.27%. On Multi Commodity Exchange, gold February futures were trading at Rs 53,957 per 10 grams, down Rs 30 or 0.06%. Silver March…