Equity valuations have stabilised as the ‘unfettered inflation’ argument weakens because of retreating commodity prices, ICICI Securities said in a research note on Tuesday. The key argument for a sharp…
Domestic equity markets ended in red after a two-day rally, as lack of triggers erased momentum. The BSE Sensex index slumped 709 points, or 1.35 per cent, to end at…
Global Surfaces Ltd, which is engaged in the business of processing natural stones and manufacturing engineered quartz, has filed preliminary papers with Sebi to mop up funds through an initial…
Car and sport utility vehicle (SUV) sales during the Navratri period this year remained flat compared to last year at around 220,000 units. However, last year’s Navratri was spread between…
Big bull Rakesh Jhunjhunwala celebrates his 62nd birthday today, 5 July 2022. Rakesh Jhunjhunwala, India’s Warren Buffet, was born to an Indian Tax officer in a middle class family, and…
BSE Sensex and Nifty 50 tanked nearly 2 per cent on Thursday, a day of weekly F&O expiry. S&P BSE Sensex nosedived 1,618 points from day’s high to 51,524, while…
The India Meteorological Department (IMD) on Tuesday night informed that Cyclone Hamoon intensified into a ‘very severe’ cyclonic storm, and it moved east-northeastwards during the past 6 hours over the…
The Indian rupee is expected to appreciate on Tuesday amid weakness in dollar. Further, investors will focus on existing home sales data as it is expected to decline from 5.61…
Indian equity market are likely to start trade on a tepid note on Monday and thereafter look at key index heavyweights for a directional move, given the news flow out…
Government’s economic policy think tank Niti Aayog has initiated a study on how to reduce dependence on Chinese imports and reduce trade gap with the northern neighbour while simultaneously rolling…