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Stock Market Today: The trends on Gift Nifty indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading flat at around 24,385 level. Continue Reading »
Indian stock market: Asian markets traded mixed, while the US stock market ended at record levels last week led by a rally in megacap tech stocks. Gift Nifty indicated a flat start for the Indian stock market indices. Continue Reading »
The active futures contract witnessed open interest (OI)—outstanding positions—rising 9.43% as the stock slumped 4.57% to ₹1,648.10 on Friday, hurt largely by the quarterly business update a day earlier. A rise in OI accompanied by a fall in price indicates bearish sentiment. Continue Reading »
Cutting direct taxes for the lower income strata and schemes towards rural upliftment should be the themes for the upcoming budget, Kaustubh Gupta, co-head, fixed income, Aditya Birla Sun Life AMC Ltd, said. Continue Reading »
The People’s Bank of China will carry out temporary bond repurchase or reverse repurchase operations depending on the market situation during working days between 4:00 p.m. and 4:20 p.m. Continue Reading »
Tesla Inc. shares are set to extend gains for an eighth consecutive session on Friday, putting the stock of the world’s most valuable automaker on track to turn positive for the year. Continue Reading »
The mismatch in credit and deposit growth has been plaguing the sector for a while now. Overall credit growth has been sustaining at around 16% year-on-year, aided by robust demand from the retail segment for housing, personal and consumption loans. Continue Reading »