Despite market sentiment being at bearish extremes, benchmark index NSE Nifty 50 may stage a technical pullback soon from oversold territory. The index may head towards 16,600 in the coming…
Rupee better placed than many other global currencies: Finance minister Nirmala Sitharaman
Finance minister Nirmala Sitharaman on Thursday said the rupee’s performance against the greenback is better than that of many other global currencies despite the depreciation in recent months. The domestic…
Share Market Highlights: Sensex ends 326 points higher, Nifty 50 closes at 15835; ITC, HUL among top gainers
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic stock markets closed the first trading session of the week with gains. S&P BSE Sensex gained 326 points or…
IiAS, InGovern ask shareholders to vote against reappointment, salary of Asian Paints’ CEO & MD
Two proxy advisory firms have recommended Asian Paints’ shareholders to vote against the reappointment and remuneration of its CEO and managing director Amit Syngle, citing lack of disclosures on salary.…
Banks’ risk appetite has grown significantly because of post-Covid business environment
By Ajay Manglunia On an average, I receive five calls daily from bank agents offering personal or business loans, but this one particular call surprised me the most—a lady caller…
After Hamoon, what’s the name of next cyclone that may hit India? Know meaning and more
Cyclone Hamoon made landfall in coastal areas of Bangladesh. The storm brought heavy rain and strong wind along with it. India is witnessing twin cyclonic storms for the first time…
Zomato share price tanks 14% in 2 days after Blinkit acquisition deal; should you buy, sell or hold?
Zomato share price has tumbled nearly 15 per cent to Rs 60.45 apiece on BSE in two trading session after the online food delivery platform announced the acquisition of Blinkit…
Markets’ relief short lived: Equity indices shed 1.4% in broad-based selloff
The relief rally on the Dalal Street was short lived, with the key indices giving up much of their previous day’s gains on Wednesday. Markets shrugged off the overnight rally…
Phoenix Mills rating – Buy: Firm is likely to resume its growth journey
We hosted Shishir Shrivastava, Managing Director of Phoenix Mills, for a deep- dive chat into the DNA of the company, its evolution and vision beyond the visible future. Key takeaways:…
India-focused VC & PE funds raise record $14.1 bn in H1CY22
The year 2022 saw a record number of India-focused venture capital (VC) and private equity (PE) funds raising fresh funding for investing in various tech startups of the country, outpacing…