NEW DELHI: The Nifty Bank index closed on a negative note on Wednesday. Shares of AU Small Finance Bank(up 2.54 per cent), IndusInd Bank(up 2.03 per cent) and Federal Bank(up 0.06 per cent) ended the day as top gainers in the pack. On the other hand, State Bank of India(down 1.47 per cent), Bandhan Bank(down…Continue Reading
NEW DELHI: RIL(Rs. 1708.56 crore), Supriya Lifescience Ltd.(Rs. 859.98 crore), C.E. Info Systems Ltd.(Rs. 730.89 crore), Sun Pharma(Rs. 727.24 crore), Infosys(Rs. 610.42 crore), HDFC Bank(Rs. 557.94 crore), TCS(Rs. 539.78 crore), SBI(Rs. 538.08 crore), ICICI Bank(Rs. 528.24 crore) and IndusInd Bank(Rs. 526.77 crore) were among the most traded securities on the National Stock Exchange in Wednesday’s…Continue Reading
SynopsisThe 30-share BSE Sensex closed down 90.99 points at 57806.49AgenciesMazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a ‘buy’ signal, giving an edge to the bulls.NEW DELHI: Sugar shares closed lower in the Wednesday’s session. KCP Sugar & Industries(up 7.83%), Mawana Sugars(up 5.39%), Balrampur Chini Mills(up…Continue Reading
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SynopsisKotak Mahindra AMC, which manages Kotak Mutual Fund, said in its Market Outlook for 2022 that it remains neutral to equity as an asset as it is fairly priced.Getty ImagesKolkata: Capital market direction in 2022 will depend on corporate earnings and the Union budget, Kotak Mahindra Asset Management Company said on Monday when benchmark equity…Continue Reading
MUMBAI: Axis Bank has no ‘spandana’ left to be involved in the boardroom battle at microfinance lender Spandana Sphoorty. The private sector bank told reporters today that it is no longer in talks with Spandana Sphoorty to acquire the microfinance lender. Axis Bank’s reasons may be fairly obvious given the turn of events at the…Continue Reading
SynopsisThese operators have been accused of manipulating stocks through mobile messaging service Telegram channels with a large subscriber base. The suspected entities would first buy shares and then post messages in the Telegram channel recommending subscribers to buy the same shares. Later on, these entities would square off their positions, said one of the persons…Continue Reading
5:34 AM IST, 29 Nov 20217:54 AM IST, 29 Nov 20215:34 AM IST, 29 Nov 20217:54 AM IST, 29 Nov 2021(Bloomberg) — Indian farmers squeezed by a massive shortage of fertilizers are turning to the black market and paying exorbitant prices for supplies.The shortfall has led to a thriving market where subsidized crop nutrients are…Continue Reading
SynopsisThe Nifty Pharma index closed 1.18 per cent up at 13566.5.Shutterstock.comAgarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.NEW DELHI: The Nifty Pharma index closed on a positive note on Thursday.…Continue Reading
SynopsisThe 30-share BSE Sensex closed up 454.1 points at 58795.09Getty ImagesIndia 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 rangeNEW DELHI: Mining shares closed higher in the Thursday’s session. Aro Granite Industries(up 19.92%), Madhav Marbles and Granites(up 6.97%), Ashapura Minechem(up 3.06%), Gujarat Mineral Dvpt Corporation(up 2.26%), 20 Microns(up 1.32%), Orissa…Continue Reading