A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates. State producers Oil and Natural Gas Corporation (ONGC) and Oil India…
By Sameet Chavan Nifty started the week on a positive note on Monday and witnessed some momentum to reclaim 17700 with ease. Bank Nifty too witnessed a similar move, where decent short covering was seen. On Tuesday, the global cues were a bit nervous, but still, we managed to shrug…
Indian benchmark indices were trading with mild gains on Wednesday. The BSE Sensex gained over 60 points or 0.1% to trade at 62,746.The NSE Nifty is trading at 18,649, up 0.17% after opening in the red. Sectorally, Nifty Metal is over 1.3% up, Nifty Auto is 0.7% higher while Nifty…
Bulls may remain laid back on the week’s last trading day as trends in the SGX Nifty hinted at a flat to negative opening for the Indian share market. Nifty futures traded 41 pts down at around 18,626 levels on the Singapore Exchange. In the previous session, BSE Sensex jumped…
The S&P 500 closed slightly lower on Friday, although major indexes rallied off their worst levels of the day, as the November payrolls report fueled expectations the Federal Reserve would maintain its path of interest rate hikes to combat inflation. The Labor Department’s jobs report showed nonfarm payrolls rose by…
By Achin Goel Indian benchmark indices have performed well over the last few months due to rising participation of retail investors, strong corporate earnings and a robust recovery in the economy. Government initiatives such as approval of PLI schemes to boost domestic manufacturing capabilities, announcement of the relief package for…
By Shrikant Chouhan The benchmark indices NSE Nifty 50 and BSE Sensex continued positive momentum on Tuesday. After a muted opening, the Nifty/Sensex slipped over 50/150 points, but one more time they took support near 17850/59850 and reversed sharply. Among sectors, PSU bank stocks outperformed, and the Nifty PSU Bank…
By Sushant Bhansali Pandemic-related disruption now seems like a distant memory. As more and more sectors like education, entertainment and travel open up, the economy has certainly turned around with great agility, and the markets have acknowledged it quite resoundingly. The intensity of the rally has definitely caught everyone by…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmarks closed in red after a volatile session of trade amid weak global cues. While BSE Sensex closed over 200 points lower, at 62,626 while NSE Nifty settled 0.3% lower at18,642. Tata Steel, HCL Tech, Infosys, TCS, Nestle led…
Nine of the top 10 valued firms together added Rs 79,798.3 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners. In the last week, the 30-share BSE Sensex climbed 630.16 points or 1 per cent. The barometer settled at…