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. […]
Closing Bell: Indian Indices closed in red, Nifty settled below 19,400, Sensex below 64,850, Realty and Auto shines
The benchmark equity indices ended Thursday’s trading session in the negative territory. The NSE Nifty 50 dropped 48.20 points or 0.25% to settle at 19,395.30, while the BSE Sensex shed 143.41 points to 64,832.20. Whereas Bank Nifty index gained 24.95 points or 0.06% to settle at 43,683.60 The broader indices ended largely in the red, […]
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
Samsung Galaxy S23 FE in PHOTOS: Check every detail before you buy
1/10 Samsung has launched the Galaxy S23 FE in India after a brief hiatus. There was no Samsung Galaxy S22 FE. But the S21 FE was great, and so, expectations are clearly high from its successor. (Photo credit: Saurabh Singh/Financial Express) 2/10 Samsung Galaxy S23 FE India price: Samsung Galaxy S23 FE price in India […]
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 […]
Sebi proposes optional instant settlement
In a move that seems to be testing waters before the final decision, the Securities and Exchange Board of India (Sebi) on Friday issued a consultation paper on instant settlement of funds and securities as an optional T+0 settlement cycle in two phases. In Phase 1, it will be implemented for trades taken till 1.30 […]
Stocks to Watch: L&T Finance, UltraTech Cement, JSW Steel, Lupin, BHEL
Stocks in Focus: GIFT Nifty traded flat at 19,862.5 down merely 0.01%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 ended down by 9.85 points or 0.05% to settle at 19,802.00, while the BSE Sensex ended flat, down merely 5.43 points […]
Share Market Highlights: Nifty settles above 20950, Sensex over 69800; Bank Nifty gains more than 400 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Wednesday’s trading session in the negative territory. The NSE Nifty 50 gained 68.25 points or 0.33% to settle at 20,937.10, while the BSE Sensex slips 303.91 points or 0.44% to 69,825.60. The broader indices ended in negative territory, with fall
Rating snafus
Chief economic adviser V Anantha Nageswaran and his team are right in calling out the high degree of opaqueness in credit rating methodologies. In a document titled Re-examining Narratives: A Collection of Essays, published by his office, Nageswaran makes the point that the lack of transparency in the assessment methods of the agencies makes it [&h