The combined market valuation of four of the top-10 most-valued firms climbed Rs 65,671.35 crore last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark climbed 175.31 points, or 0.26 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, and Bharti Airtel were the gainers, Tata Consultancy Services (TC
Chinese Premier visits quake-affected areas; ensures safety of distressed people
Chinese Premier Li Qing has asked the rescue and relief teams to make sure that people in the quake-hit areas live through the winter safely as he visited the affected villages in northwest China. Li visited several villages in Jishishan County of Gansu province as well as Minhe County in the neighbouring Qinghai province on […]
Can Nifty hold its own above 21000? 8 things to know before the share market opens
GIFT Nifty traded flat at 21,076.5 down merely 0.08%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday, the NSE Nifty 50 gained 68.25 points or 0.33% to settle at 20,937.10, while the BSE Sensex added 303.91 points or 0.44% to 69,825.60. “The market achieved an […]
Rupee edges 4 paise lower at 83.27 against US dollar
The rupee declined by 4 paise to 83.27 (provisional) against the US dollar on Friday as a firm greenback in the overseas markets and losses in domestic equities weighed on investor sentiment. Fresh FII inflows and crude oil prices trading near four-month lows helped the rupee restrict losses, forex dealers said. At the interbank foreign […]
Year-Ender 2023: AI applications to look out for, now and beyond
2023 seems to be the year when artificial intelligence (AI) applications started receiving the mainstream touch. Starting from chatbots all the way to Generative AI, it is believed to be the year when talks around the technology have increased amongst global authorities. Information supplied in the annual global survey by McKinsey & Company, a
Ed-tech providers and digital literacy; bridging the educational gap
By Atharva Puranik As the world is moving towards modernity, people’s connection with technology is seeming to get stronger. This has drastically transformed the education system in recent years. The conventional approach to education has undergone a profound change with the emergence of EdTech platforms. The edtech market in India is anticipated t
Crude oil prices at crossroads amidst geopolitical tensions in red sea; market awaits US-led task force action
By Bhavik Patel Crude oil prices are steady after rising for nearly 4 trading session on the trot. Since mid-November, Houthi rebels in Yemen have significantly stepped up attacks on commercial shipping vessels in-transit via the lower Red Sea in retaliation for Israel’s war on Hamas in the Gaza Strip. Market has reacted by pushing […]
Stocks to Watch: Bank of Baroda, Eicher Motors, LIC, ONGC
Stocks in Focus: GIFT Nifty traded up 27 points or 0.14% at 19,862, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Friday, the NSE Nifty 50 slipped 7.30 points or 0.04% to settle at 19,790.55, while the BSE Sensex dropped 47.77 points or 0.07% to 65,970.04. […]
Inflow in mutual fund industry drops to Rs 34,765 crore in Q2
The mutual fund industry continued with the positive momentum in the September quarter, attracting Rs 34,765 crore, although it was a massive reduction as against the Rs 1.85 lakh crore inflow in the preceding quarter, primarily due to withdrawal from debt segment. Most of the asset classes saw net inflows during the July-September period of [&hell
Oil prices ease as demand concerns outweigh supply cuts prospect
Oil futures eased on Tuesday, reversing the previous day’s rally, as concerns over weaker demand amid a slowing global economy outweighed the prospect of deepening supply cuts by OPEC and its allies such as Russia. Brent crude futures fell 19 cents, or 0.2%, to $82.13 a barrel by 0013 GMT while U.S. West Texas Intermediate […]