Penny stocks scale 52-week high, market volatile
Some penny stocks or low-priced stocks scaled new highs or went up in straight trading sessions this week in an otherwise volatile broader market. Innumerable counters are moving up without...
Third wave sends business reeling down by 45%
Increase in Covid cases along with imposition of various restrictions by different states have had an adverse impact on business and economic activities across the country, the Confederation of All...
Rising bond yields and resurgent pandemic likely to weaken currency
Likely surge in bond yields along with rising Covid cases are expected to weaken the Indian rupee during the upcoming week. Besides, persistently high energy costs could subdue the rupee...
CSB Bank MD & CEO to retire early
New Delhi, Jan 8 (IANS): CSB Bank's Managing Director and CEO C. VR. Rajendran has decided to take an early retirement, the lender said on Saturday. Accordingly, Rajendran will continue to...
SBI Ecowrap predicts 9.5% growth for real GDP
India's real GDP is expected to grow at around 9.5 per cent in 2021-22 on a year-on-year (YoY), an SBI Ecowrap report said on Saturday. The report comes a day...
Market Trail: Crude oil, Fund outflows and covid resurgence impacting risk appetite
Upcoming Q3FY22 quarterly results season, along with release of macro-economic data points on industrial production and inflation, will determine the trajectory of key domestic equity indices next week. However, global...
TCS to consider share buyback proposal on January 12
Tata Consultancy Services (TCS), India's largest IT services company, on January 7 announced that its board of directors will consider a share buyback proposal on January 12. The software services major...
Ancient artworks of India to enter NFT marketplace
Ancient Artworks of India will now be available for ownership through data-driven government advisory firm Sapio Analytics. The AI based government support organisation is joining hands with WazirX NFT marketplace...
Expectation of healthy Q3FY22: Equity indices buoyant
Fri, Jan 07 2022 10:32:25 PM Expectations of healthy Q3FY22 earning results buoyed India's equity indices -- S&P BSE Sensex and NSE Nifty50 -- to settle on a flat-to-positive close...
India’s FY22 GDP expected to rise by 9.2%
India's economy is estimated to clock a growth of 9.2 per cent in terms of real GDP for FY22, official data showed on Friday. In 2020-21, India's economy had contracted...
Stocks Trail: Tata Power, UPL likely to rise in short term
Shares of Tata Power and agro-chemicals firm UPL are expected to give healthy returns in the short run, Lead Research said in a report.The research firm recommended investors to buy...
BharatPe CEO says viral audio clip “fake”
After an audio clip surfaced on social media carrying abuses allegedly being hurled by BharatPe CEO Ashneer Grover and a family member on a Kotak Group employee, Grover tweeted on...
Largest ever foreign currency bond issuance from India by RIL
Reliance Industries Limited (RIL) announced that on January 5, 2022, it has priced a Rule 144A/ Regulation multi-tranche offering aggregating $4 billion, comprising $1.5 bn Senior Unsecured Notes due 2032;...
RIL makes largest ever foreign currency bond issuance from India
Thu, Jan 06 2022 03:57:52 PM New Delhi, Jan 6 (IANS): The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- settled in the red on Thursday due to...
INR closes at 74.66 against USD, Sensex and Nifty move up
Continuing its gain for the ninth trading session in a row, the rupee surged 34 paise to close at 74.66 (provisional) against the US dollar on Tuesday, tracking positive domestic...
Sensex, Nifty surge from global cues
Asian Paints was the top gainer in the Sensex pack, rising nearly 3 per cent, followed by Sun Pharma, M&M, NTPC, UltraTech Cement and Titan. On the other hand, IndusInd Bank and PowerGrid were the laggards. Read the rest and more more... “Sensex, Nifty surge from global cues”