Benchmark yields on Wednesday closed at 7.22%, six basis points lower than the previous close of 7.28%, as softer inflation trends locally as also in the US cheered the sentiment. The sentiment was further buoyed after a finance ministry official said there is no plan to tinker with the borrowing calendar and the fiscal deficit […]
Severe Air Pollution in North India puts public health at risk as residents choke amid toxic air quality – See photos
1/7 Since the last few days, several parts of North India including Delhi, Mumbai, and Kolkata have been engulfed in severe pollution, risking the health of the people. While pollution was recorded as very poor in the National Capital on Tuesday morning, Mumbai’s AQI level also reached nearly 200. Delhi’s nearby states including Haryana, Rajasthan,
Consumption, infra could light up Samvat 2080: Experts
After a decent show in Samvat 2079, which saw investor wealth surge by Rs 46 trillion, stock market experts are upbeat about the upcoming Samvat 2080. They believe that despite the volatile global landscape owing to ‘higher for longer’ rates, high bond yields, geopolitical conflicts and elevated oil prices, the mood may continue to be […]
Grounded Romanian plane with 275 Indian passengers leaves French airport for India
A Romanian aircraft carrying 275 passengers, mostly Indians, on Monday left for India four days after they were detained by the French authorities at an airport near Paris over suspected “human trafficking.” “The plane, which had been grounded since Thursday, departed shortly after 14:30 p.m (local time),” BFM TV, a French news broadcast television
FII, DII data: FPIs sold shares worth Rs 455 Cr, DIIs added shares worth Rs 721 Cr on November 21, Tuesday
Foreign institutional investors (FII) offloaded shares worth net Rs 455.59 crore, while domestic institutional investors (DII) added shares worth net Rs 721.52 crore on November 21, 2023, according to the provisional data available on the NSE. For the month till November 21, 2023, FIIs sold shares worth net Rs 7,675.90 crore while DIIs bought share
Sebi asks brokers to inform most important terms and conditions to clients
For ease of understanding, capital markets regulator Sebi on Monday asked brokers to inform a standard “most important terms and conditions” to the clients, which will be acknowledged by them. The form, nature of communication, documentation, and detailed standards for implementation of “most important terms and conditions or MITC” will be publishe
China approves 105 domestic games; softens stance on gaming after $80 billion rout
China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance after its move to tighten industry restrictions led to a $80 billion rout last week. The titles included those operated by Tencent Holdings Ltd. and NetEase Inc., China’s two leading game publishers that have been pummeled by Beijing’s new [&hell
IREDA public issue to open on November 21; sets price band at Rs 30-32 share
State-owned Indian Renewable Energy Development Agency (IREDA) on Tuesday fixed a price band of Rs 30-32 per share for its Rs 2,150-crore initial public offering (IPO). The maiden public issue will open for subscription on November 21 and conclude on November 23 and the anchor book of the offer will be opened for a day […]
GDP data, FIIs return spur Nifty to new high
Indian equities recorded their biggest weekly gains in five months as the benchmark Nifty scaled a new peak driven by encouraging GDP data and the return of FIIs. The benchmark Nifty50 touched its lifetime high of 20,291.55 in intra-day trade before settling at 20,267.90, up 134.75 points or 0.67%. It was also an all-time high […]
Technical analysis: Markets wear a festive look
VK Sharma Markets continued to do well even after Diwali, with the Nifty 50, Midcap and Smallcap indices rising 1.06%, 2.02% and 2.69% respectively. Retail investors are happy that the mid- and small-cap indices have done better than the large caps. And what’s more, the markets have delivered a weekly gain for the third time […]