Samvat 2080 was off to a good start on Sunday in the Muhurat session with the benchmark indices putting up a strong show, driven by IT and PSU counters. The 30-share Sensex jumped 354 points or 0.55% to 65,259.45, with Infosys, Wipro, and TCS being among the top five gainers — rising between 1.4% and […]
Rice exports to certain European nations exempted from inspection certificate for another 6 months
India on Tuesday deferred the mandatory requirement of a certificate of inspection by export inspection agencies for shipping both basmati and non-basmati rice to certain European countries by six more months. Earlier on May 29, 2023, the Directorate General of Foreign Trade (DGFT) has announced the move for six months. “Export to remaining Europea
Share Market Highlights: Nifty settles below 19800, Sensex near 66000, IT drops over 1%
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed Friday’s trading session in negative territory. The NSE Nifty 50 ended down by 7.30 points or 0.04% to settle at 19,790.55, while the BSE Sensex ended down by 47.77 points or 0.07% to 65,970.04. The broader indices ended largely mixed, […]
Will Nifty continue the winning streak to rise above 19900? 8 things to know before share market opens
GIFT Nifty traded up 168.5 points or 0.85% at 20,031.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 gained 95 points or 0.48% to settle at 19,889.70, while the BSE Sensex jumped 204 points or 0.31% to 66,174.21. “Markets started the […]
Top stocks in which promoters increased stake by more than 1% in Q2 FY24
Substantial increases in promoter stakes across diverse industries have not only bolstered the confidence of investors but have also significantly contributed to the surge in market capitalization. The strategic moves by promoters reflect a positive outlook on the economic recovery and growth prospects in India’s financial markets. Adani Enterprise
Auto ancillary stocks in top gear: What’s driving the rally?
In the ever-evolving landscape of the Indian stock market, auto ancillary stocks have emerged as substantial gainers, with Talbros Automotive leading the pack with an impressive surge of 195% in the past year. Despite the challenges, the global electric car market is experiencing exponential growth, with sales exceeding rupees one crore in 2022. Th
JN.1 COVID-19 variant in India: As covid cases are rising again, do you need to get more vaccine shots?
JN.1 COVID-19 variant in India: India is currently witnessing a surge in COVID-19 cases. According to doctors and health experts, with the rise in cases, the question of additional vaccine shots looms large. “With emerging variants and breakthrough infections, the efficacy of initial vaccination may diminish over time. Health experts emphasize the
Rupee falls 4 paise to 83.32 against US dollar in early trade
The rupee depreciated 4 paise to 83.32 against the US dollar in the morning session on Monday, tracking a negative trend in domestic equities. Persistent foreign fund outflows also weighed on the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 83.31 against the dollar. It touched a low of […]
Forging the path forward for AI-augmented application development in India
By Naveen Kumar Kalyankar In the dynamic landscape of digital transformation, developing applications rapidly has become key for businesses striving for competitiveness and agility. A significant breakthrough in this domain comes in the form of Artificial Intelligence AI-augmented application development, which is reshaping application development
Govt assures onion farmers there won’t be export ban impact; will buy 2 lakh tonne for buffer stock
Amid onion farmers’ protest in Maharasthra against ban on exports, the Centre on Monday said it will procure about 2 Lakh Tonne (LT) of the kharif crop for its buffer stock from all mandis to protect their interest. The procurement will ensure domestic wholesale rates remain stable and do not fall sharply because of the […]