BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast
The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the near-term as the Japanese economy struggles with elevated raw material costs and supply chain issues The central bank held its target for short-term interest rates at negative 0.1%, and said […]
As the anchor investor lock-in period expires, the LIC falls 4%, or 28%, from its issue price
In intra-day trade on Monday, shares of Life Insurance Corporation of India (LIC) fell 4% to Rs 681.70 on the BSE, with the lock-in period for anchor investors expiring on Monday, June 13 The share price of the state-owned insurance behemoth has dropped by 28% from its IPO price of Rs 949 per share. Retail […]
Gokaldas Exports rises 9% to an all-time high, indicating a positive business outlook
On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced […]
Today’s gold price is Rs 51,490 per 10 gramme, with silver at Rs 60,800 per kilogramme
On Friday, the price of 10 grammes of 24 carat gold increased by Rs 490 to Rs 51,490, while the price of 1 kilogramme of silver increased by Rs 400 to Rs 60,800 On Friday, the price of 10 grammes of 22 carat gold increased by Rs 450, bringing the price to Rs 47,200. The […]
Adani Wilmar Is Down For The Eighth Consecutive Day, Down 34% From Its 52-Week High
Adani Wilmar’s stock fell 5% to Rs 583.25 on the BSE on Tuesday, marking the eighth consecutive day of losses. For the fifth day in a row, the stock of Adani Group Company, which is in the edible oil business, has been stuck in a 5% lower circuit. After the company announced a mixed bag […]
In Early Trade, The rupee Climbs 29 Paise To 76.11 Against The US Dollar
The rupee rose 29 paise to 76.11 against the US dollar in early trade on Thursday, as the US currency fell in the international marke The rupee began at 76.17 against the US dollar on the interbank foreign exchange, then gained ground to quote at 76.11, a 29-paise increase from the previous day The rupee […]
SBI Cards dips 5% as over 3% of equity changes hands via block deals on NSE
Shares of SBI Cards and Payment Services dipped 5 per cent to Rs 836 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade after over 3 per cent equity of the company changed hands at the counter via block deals Till 09:21 am; around 31.9 million equity shares representing 3.37 per cent equity of SBI Cards changed hands […]
Sensex down 200pts, Nifty tests 18,000; RIL, HDFC twins weigh
After a tepid start, the key benchmark indices were seen holding marginal losses in late morning trade-off the low of the day as gains in select IT and FMCG shares helped offset losses in financials.The BSE Sensex from an opening high of 60,786, had slipped to an intra-day low of 60,227. The index, however, was down around […]
Sensex jumps over 300 points in early trade; Nifty above 17,300
Equity benchmark Sensex surged over 300 points in early trade on Tuesday, following gains in index majors HDFC, Maruti Suzuki, and ICICI Bank amid a largely positive trend in global equity markets Besides, a fall in international crude prices supported the market sentiment, traders said The 30-share BSE barometer was trading 317.22 points higher at 57,910.71. Similarly, the […]
Sensex, Nifty surrender early gains as boiling oil plays spoilsport
Equity indices relinquished early gains to close in the red for the second straight session on Thursday as surging oil prices amid the ongoing conflict between Russia and Ukraine sapped risk appetite Crude oil prices ratcheted up towards the USD 120 per barrel mark on fears of supply disruptions as western nations tightened sanctions on […]
