By Rajesh Palviya SAMVAT 2078 will be a year of balance sheet leverage, led by significant improvement in corporate profitability. Cumulative and rolling net profit of NSE 500 universe or the last four quarters has touched an all-time high with loss-making sectors turning positive and significantly contributing to the net…
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Share Market Highlights: Nifty, Sensex end flat amid mixed global cues; Bank Nifty below 43,000
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices closed mild in the green amid weak Asian markets and mixed global cues. The BSE Sensex closed at 62,294, giving up the 63,000 level but ended 20 points higher. The NSE Nifty ended at 18,512, 0.15% up,…
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Fears of poor crop push up groundnut prices in Gujarat mandis
With groundnut seed processors and oil millers expecting lower kharif crop of 2.5 million tons in current season as against nearly 3.5 million tons in the last season, groundnut prices have soared as high as Rs 2000 per 20 kg in some mandis in Gujarat. At Hapa mandi in Jamnagar…
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Nifty downtrend to continue or bulls to stage a comeback? 7 things to know before share market opens
Indian benchmark indices are likely to open lower amid weak global cues, hinted SGX Nifty as Nifty futures traded 63 pts lower at 18,746 level on the Singapore Exchange. In the previous session, the BSE Sensex fell 34 points to 62,835, while the NSE Nifty 50 gained 5 pts to…
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Sensex, Nifty snap 8-day rally on profit booking, sentiment to remain flat until further cues; MPC meet eyed
Indian benchmark indices BSE Sensex and NSE Nifty 50 snapped an eight-day rally, ending in the red and giving up Thursday’s gains. BSE Sensex ended at 62,868, down by 415 points under the 63,000 level while NSE Nifty closed at 18,696, over 0.66% points lower from yesterday’s close. All of…
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Stock market in Samvat 2078: Nifty seen at 19500 by March, likely to hit 21000 by next Diwali
By Rahul Sharma Markets and the economy have come a long way from where we were last year. Uncertainty and doubt have been replaced by optimism and positivity. Good quarterly earnings, decent monsoon, India’s vaccination drive, festival demand, consumer spending picking up and low-interest rates all have ensured that Nifty…
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India VIX slides 20% in last one month
India VIX, a measure of investors’ perception about the risk of sharp swings based on options prices, has retreated sharply amid a rise in the equities. The fear gauge has slid 20% in the last one month and nearly 47% in the past six months to 13.48. The Nifty has…
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Rupee likely to appreciate amid weak dollar, positive equity markets; USDINR pair to trade in this range
The Indian rupee is likely to appreciate on Monday amid a weak dollar and rise in risk appetite in domestic markets. Additionally, persistent FII inflows may support the rupee. Meanwhile, sharp gains may be prevented on a rise in crude oil prices after Opec+ agreed to stick to their October…
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Economic recovery in early stages, to benefit various sectors; Watch out for Infra, bank stocks| INTERVIEW
India’s economic recovery is still in early stages and will gain momentum going ahead, said Raghvendra Nath, MD, Ladderup Wealth Management in an interview with Kshitij Bhargava of Financial Express Online. The market veteran added that investors should use corrections, as the one recently seen, to invest in a phased…
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Nifty to reclaim 18750 or bears to drag index below 18500? 5 things to know before market opening bell
SGX Nifty hinted at a positive start for Indian benchmark indices amid strong global cues. Ahead of the week’s last trading session, Nifty futures were trading 0.35% higher at 18792 on the Singapore exchange. In the previous session, BSE Sensex gained 160 points to 62,571, while NSE Nifty 50 rose…