The Nifty had slipped below the 8,000 mark on March 23 at the peak of the Covid-19 selloff. From there to 13,000 has barely taken 170 trading sessions, or eight months.
The Fed revised the program several times to make it available to a larger pool of borrowers by opening it to nonprofit organizations and reducing the minimum loan amount to $100,000.
During her rollercoaster ride, bitcoin prices swung from under $1,000 to nearly $20,000. O'Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally - b...
Spot gold rose 0.3% to $1,812.66 an ounce at 10:15 a.m. EST (1515 GMT), having hit its lowest since July 17 at $1,800.01 on Tuesday. U.S. gold futures were up 0.4% at $1,811.00.
Markets regulator Sebi on Wednesday launched the Securities Market Trainers (SMARTs) program, an initiative aimed at enhancing investor education and awareness.
The payments bank, which has a network in 700 districts of the country through 5.5 lakh merchant points, had reported a post-tax net profit of Rs 1.9 crore in the June quarter and Rs 1.3 crore in t...
The Sebi chairman also raised the concern relating to convoluted distribution of active investors throughout the country and said that SMARTs program would aim to address this concern by increasing...
Banyan Investments is a public shareholder of Tanla Platforms and held 16.17 percent stake in the firm, shareholding data of Tanla Platforms for September 2020 quarter showed.
Board approved equity capital up to Rs 6,800 cr during 2020-21 by way of various modes such as Public lssue and/or Rights Issue and/or Private Placements, including Qualified Institutions Placement...
Regulator Sebi on Wednesday relaxed certain surveillance measures, including those pertaining to market wide position limits, that were put in place eight months ago to curb volatility in the marke...
Mazhar Mohammad of Chartviewindia.in said that the index could turn sideways only if it manages to defend the recent low of 12,833 in Thursday's trade.
The endowment fund of US’s premier research university, Massachusetts Institute of Technology (MIT), bought 985,000 shares and Old Bridge Capital bought 685,000 shares of Tanla, at Rs 524.03 in blo...
With the planned investments, the cement company expects to double its capacity of 25 mt to 50 mt by 2026 after the planned initial public offer (IPO) is completed.
India's economy is expected to recover early next year from recession, but at a modest pace, according to a majority of economists in a Reuters poll who said their upgraded growth predictions were...
After the receipt of choice, the central government has granted additional borrowing permission of Rs.4,522 crore to Keralaand Rs.6,787 crore to West Bengal.
Earlier in the day, the Reserve Bank of India said the amalgamation of the bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will...
Even as variable costs rise, cement spreads are expected to remain strong in the second half of FY 2020-21 on expected pricing strength, said the report.
A study from the Imperial College Business School and the University of St. Gallen has concluded that structural changes to the industry in the past two decades mean dealers are indeed contributing...
The company also prefers the tech-heavy Chinese and Korean stock markets in its multi-asset portfolios, while also building positions in Japanese and small-cap stocks.
Nifty has formed a bearish belt hold candlestick pattern engulfing the entire candle body of the previous two trading sessions, indicating a possible short-term reversal.
SOPA has requested the government to maintain current duty structure on edible oil imports. “It is in the interest of Indian farmers and oilseed processing industry,” it said.
Nifty has to hold above 12,850- 12,900 levels now to witness a bounce towards 13,000 and 13,050 levels, while a hold below the same could see weakness towards 12,800 and 12,750 levels.
The Dow appeared set to edge back from its record high on the open, with futures down 0.3%, while S&P 500 futures were 0.2% lower. In Europe, markets lost early gains after Asia largely closed lower.
The government would invest Rs 2,400 crore in the NIIF during the current financial year ending in March that would help it raise up to Rs 1.lakh crore for investments.
A release issued by ICRA said that the global prices of palm oil have risen sharply by 50% from the lows of May 2020, with pick-up in demand emanating from re-opening of economies.
The sudden profit booking came in amid weakness in the Asian markets and increasing nervousness among market participants, as evinced from the sharp rise in volatility indicator.
The order issued to NSE IFSC permits its members to accept US customer funds directly for the purpose of trading in futures and options contracts on NSE IFSC without the members having to register ...
Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank: As part of the amalgamation plan, DBS India will infuse fresh capital of Rs 2,500 crore into LVB and the entire share capital and reserv...
In the past 10 trading days, the market price of Tanla Platforms has soared 58 per cent after the company said its stock has been included in MSCI India Domestic Small Cap index
Germany and the four nations of the United Kingdom unveiled plans to allow gatherings with limitations for Christmas, while France will start easing its lockdown this weekend after a sharp drop in ...
On November 17, the RBI unveiled a draft merger scheme under which DBS will infuse Rs 2,500 crore regulatory capital into the cash-strapped LVB. The regulator wants the entire process to be complet...
The Dow Jones Industrial Average breached the 30,000 level overnight for the first time on optimism surrounding vaccine progress and Biden's transition.
"In 2019, the sector had degrowth, in 2020 Covid hit us. Now December 2022 is a logical timeline for us for the IPO," JSW Cement managing director Parth Jindal said at a virtual briefing to announc...
Shriram Transport reported a better-than-expected net profit in Q2FY21 at Rs 685 crore, on the back of net interest income of Rs 2,022 crore and lower-than-estimated provisioning
“In my first two years of research, I used to go to office at 10 am and leave at 10 pm. Many times, I used to skip lunch. I was quite dedicated and I learnt a lot. That was the basic foundation tha...
Gold was down 0.20 per cent while silver dipped 0.15 per cent. Base metal counters were trading mixed with copper and aluminium in green and rest in red. Crude oil rose 0.93 per cent while its peer...
Analysts cite untapped opportunities, steady cash flow, healthy margins and high return ratios among the reasons to go bullish on this stock, even though they believe possible fresh lockdown in the...
Amazon had complained to stock exchanges, accusing Future of misleading public by making incorrect market disclosures, allegations the Indian group denies.
A number of stocks such as ACC, Ambuja Cements, Ultratech Cement, The India Cements, JK Cement, Deccan Cements and Sagar Cements have scaled 52-week highs this month, having risen between 20 per ce...
The committee of directors for capital raising approved allocation of 25,000 Basel-lll compliant non-convertible, taxable, perpetual, subordinated, unsecured, fully paid-up debt instruments to...
The bonds of face value of Rs 10 lakh each, bearing a coupon of 7.18 per cent per annum, will have maturity of 15 years, it said. The bonds have a fixed allotment date of November 26, 2020.
State Bank of India shares are likely to be in the limelight after India's largest bank said that it raised Rs 2,500 crore from bonds to fund business growth.
Oil prices hit their highest level since March amid news flow related to smooth US presidency transition and encouraging developments on the Covid-19 vaccine front
The Nov. 12-24 Reuters poll of over 35 equity strategists predicted the BSE Sensex index, which is currently trading at a record high, would set new all-time peaks in the next year. It was forecast...
JP Morgan Asset Management is recommending beaten-down shares of travel companies, airlines and hotels; and Fidelity International is increasing holdings in regions such as Europe.
Kedia says the more you fail in the market, the more you will learn. “That’s why failure is important in the equity market. It is important to stay on the pitch and play,” he says and admits that h...
Global stock markets have rallied since a sharp sell-off in March, ignoring deep recessions in most economies and driven largely by billions of dollars of fiscal and monetary stimulus and hopes for...
In the 50-share pack Nifty, ONGC was the biggest gainer, up 4.66 per cent. Tata Motors, SBI, ICICI Bank, HDFC Bank, Grasim Industries, Bajaj Auto and Tata Steel were among other gainers.
In the spot market, gold prices plunged by Rs 1,049 to Rs 48,569 per 10 gram in the national capital on Tuesday following weak global cues and rupee appreciation, according to HDFC Securities.
Tesla is Wall Street's seventh most valuable company, just behind Berkshire Hathaway , and its shares have rallied over 30 per cent since November 16, when it was announced Tesla would join S&P 500...
HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 228083.55 Crore) operating in IT Software sector.
Hindustan Copper Ltd., incorporated in the year 1967, is a Mid Cap company (having a market cap of Rs 3640.73 Crore) operating in Metals - Non Ferrous sector.
Piramal Enterprises Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 32149.36 Crore) operating in Diversified sector.
The Dow is one of the oldest equity indices in the world; it was created nearly 125 years ago by Dow Jones & Company, founded by journalists Charles Dow and Edward Jones,
In Delhi,the price of petrol remained steady atRs 81.59 per litre, while diesel rates were untouched atRs 71.41 per litre, according to notifications from Indian Oil Corporation.
The Dow Jones cracked the30,000 mark for the first time overnight as investors cheered a dramatically improved global outlook and formal clearance for President-elect Joe Biden's transition to the...
Nifty50 on Tuesday broke above the crucial resistance of 13,000-mark with ease. The index formed a bullish candle on the daily chart. Analysts said the bulls seem to be in no mood to give in. They ...
The main drivers of that exuberance were increasing confidence a COVID-19 vaccine would be ready soon and the formal start of U.S. president-elect Joe Biden's transition to the White House, which e...
The Nifty has gained about 12 per cent so far this month on the back of upbeat vaccine trial results and strong inflows from foreign institutional investors.
LIVE Market updates: Shares of Tata Consultancy Services may trade actively since today is the last day to participate in the Rs 16,000-crore share buyback
West Texas Intermediate crude was down 14 cents, or 0.3%, at $44.77 a barrel by 0035 GMT, after rising more than 4% on Tuesday. Brent crude was yet to trade, having risen almost 4% in the previous ...
Most mid- and small-cap stocks have underperformed the Sensex and Nifty since January 2018 with institutional investors staying away from them in the absence of stable earnings growth.
