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…
India received $64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world, according to a UN report which said the COVID-19 second wave in the country weighs heavily on the country’s overall economic activities but its strong fundamentals provide “optimism”…
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…
IT major Infosys recruited 19,230 graduates in India and 1,941 outside India to serve the burgeoning demand for digital acceleration, Nandan Nilekani, Chairman of Infosys said on Saturday.”We continue to strengthen our talent pool by recruiting 19,230 graduates in India and 1,941 outside India to serve our…
India is a country with a large number of blue-collar workers, estimated at around 300 million. While skilling and development programs are widely implemented for the white-collar staff; there is a lack of structured training programs and institutes available for the blue-collar workforce. Since the incorporation of…
The release of the minutes of the Monetary Policy Committee shows that at least two members are very worried about inflation.Jayant Verma a vocal external member of the MPC writes: “Indian inflation rates have been consistently well above the midpoint of the tolerance zone for an extended period and are forecast to…
The Indian equity benchmark indices, Sensex and Nifty ended lower for the week gone by, snapping a four-week gaining streak. The Nifty declined 0.7 percent, while the Sensex closed around 0.2 percent lower. Investor sentiment weakened after the US Federal Reserve hinted at interest rate hikes by 2023 and taper the…
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…
Indian indices ended lower on Thursday, weighed by banks and financials after the US Federal Reserve pulled up the rate hike timeline to 2023 from 2024 earlier citing rising inflation. The Sensex ended 178 points lower at 52,323 while the Nifty fell 76 points to settle at 15,691. “Indian equities traded…