Indian shares scaled new peaks on Friday, with the blue-chip Nifty registering its best week since early February as conglomerate Reliance Industries surged to record highs, and investor focus on U.S. jobs report due later in the day. The blue-chip NSE Nifty 50 index was up 0.52% at 17,323.60 at close and the…
The domestic stock markets are likely to open in the green on the back of positive global cues. Trends on SGX Nifty indicate a gap-up opening for the Nifty in India, with a 100-point gain. At 7:30 am, the Nifty futures were trading at 15,848 on the Singapore Stock Exchange. On Friday, the BSE Sensex had gained 166.07…
The domestic stock markets have opened mildly in the green, extending the gains witnessed in Friday’s session,amid mixed global cues. At 9:18 am, the BSE Sensex is trading at 53,054.25, higher by 127.85 points or 0.27 per cent and the Nifty is at 15,898.75, up 31.10 points or 0.17 per cent. In the broader market…
The domestic stock markets are likely to start the last trading day of the week on a muted note, post the rally witnessed in the previous session. Trends on SGX Nifty indicate a flat opening for the index in India, with a 10-point gain. At 7:30 am, the Nifty futures were trading around 15,847, higher by 10 points, on…
The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 7:10 am, the SGX Nifty was trading 49.00 points or 0.31 percent higher at 15,819.00, indicating a positive start for the Sensex and Nifty50. HDFC Bank | The bank, along with its subsidiary HDFC Securities, will pick up a…
Indian indices are likely to open near record highs on Tuesday tracking gains in Asian peers. The SGX Nifty was also trading over 100 points higher near 15,850 indicating a positive opening for the Indian markets. Stocks including Indian Bank, Info Edge will be in focus. CNBC-TV18’s in-house panel of experts have…
The Indian market may open sharply lower on Monday amid weak global cues. At 7:35 am, the SGX Nifty was trading 185.00 points or 1.17 percent lower at 15,565.00, indicating a negative start for the broader index in India. 1. US stocks | All three main indices on Wall Street dropped Friday with investors wary of a more…
The market is a sentimental beast. It swings from extreme pessimism to unbridled optimism (sanity lies somewhere in the middle). And in that process, it tends to distort valuations. We seem to be experiencing just this sort of euphoria in certain pockets of the market today. But to get a better sense of the nature of…
Digital payments firm Paytm is seeking shareholder approval to sell up to ₹ 12,000 crore in new stock in what could be the South Asian country’s biggest-ever initial public offering at a total of $3 billion. Paytm, which counts China’s Alibaba and Japan’s SoftBank as backers, will…
The Indian economy may have contracted 12 per cent in the June quarter due to lockdowns imposed by the states in April and May to contain the second wave of the deadly Covid-19 pandemic, according to a report by UBS Securities India. The economy had contracted by 23.9 per cent in the same quarter last fiscal. The…