European stocks were subdued on Friday, with retail companies under pressure as the holiday shopping season kicked off amid worries of a sharply slowing global economy and sky-high inflation. The pan-European STOXX 600 slipped 0.1% by 0811 GMT but held below three-month highs hit earlier this week. The index is…
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Adani open offer: Nearly 28 lakh NDTV shares tendered by Day 3
Nearly 28 lakh shares were tendered by shareholders of NDTV under the Adani group’s open offer at the end of the third day on Thursday.Adani group’s open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) started on Tuesday. According to the…
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Nifty needs to hold 18050 to extend rally to 18250-18500; watch ITC, SBI, ONGC stocks for action
By Shivangi Sarda The Nifty 50 index had opened gap up on Wednesday and escalated throughout the day to touch yet another lifetime high mark of 18197 levels. The index gave a consolidation breakout on daily and weekly time frame and decisively holding well above 18000 zones. Bulls cheered the…
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DIIs build up net short positions as FPIs go long
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…
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FII DII data: FPI sold shares worth Rs 1,131.67 crore, DII bought shares worth Rs 772.29 crore on Dec 8, 2022
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…
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Global shares mostly rise as markets eye China protests
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…
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Petrol and Diesel Rate Today, 25 Nov: Rates remain steady
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…
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Paytm, Adani Enterprises, HUL, Sun Pharma, Lupin, Cummins, GAIL, Macrotech Developers stocks in focus
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…
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Sensex may hit 80,000 by 2023: Morgan Stanley
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…
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Sensex ends flat amid weak global cues; Nifty may hit new record high soon, underlying trend positive
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…