Equity benchmark indices started the trade on a firm note on Friday amid positive trend in the global stock markets and foreign fund inflows but later turned volatile. The 30-share BSE Sensex climbed 205.08 points to 61,636.82 in early trade. The NSE Nifty advanced 56.2 points to 18,186.15 in initial deals. Later, both the benchmark [...]
Equity benchmark indices pared their intra-day gains and ended lower on Thursday, pulled down by index majors ITC and State Bank of India after their fourth quarter earnings failed to cheer investors. After trading in the green for most part of the day, the 30-share BSE Sensex declined 128.90 points or 0.21 per cent to [...]
Equity benchmark indices climbed in early trade on Thursday, bouncing back from a two-day fall, amid a rally in the global stock markets and continuous foreign fund inflows. The 30-share BSE Sensex climbed 395.26 points to 61,955.90 in early trade. The NSE Nifty jumped 115.45 points to 18,297.20. Among the Sensex firms, Bajaj Finance, Axis [...]
After massive outflow in March, debt-oriented mutual funds witnessed a sharp turnaround in April as they attracted Rs 1.06 lakh crore with liquid schemes accounting for 60 per cent of the inflow. Barring credit risk and banking and PSU fund categories, all the other segments witnessed net inflows and expectedly, categories having shorter maturity profiles [...]
Benchmark indices Sensex and Nifty gained around half a per cent to close at nearly five-month high levels on Monday following continuous foreign fund inflows and firm trends in Asian and European markets. Rising for a second straight day, the 30-share BSE Sensex climbed 317.81 points or 0.51 per cent to settle at 62,345.71, the [...]
Wholesale inflation rate eased to 34-month low of (-) 0.92 per cent in April on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation has been on a declining trend for 11 months in a row and entered the negative zone in April. In June 2020 WPI was at [...]
BSE on Monday relaunched Sensex and Bankex derivative contracts in its bid to boost derivative trading at the country's premier bourse. The relaunch of derivative contracts comes with a reduced lot size of futures and options and a new expiry cycle of Friday from Thursday earlier, BSE said. Derivatives are considered to be high-risk-reward financial [...]
Sri Lankan Airlines, the loss making national carrier of the island nation, has recorded losses of 163.58 billion Sri Lankan Rupees (approximately 4,000 crore INR) in 2022, more than three times it recorded in 2021, according to an official statement. Sri Lankan Airlines in 2021 witnessed a loss in revenues of 49.7 billion Sri Lankan [...]
The Indian real estate sector received USD 26.6 billion as foreign institutional investment during 2017-22 period, a three-fold jump from the previous six years, driven by inflows from USA and Canada with a share of 70 per cent, according to Colliers India. Real estate consultant Colliers India on Friday released a report "High on Investors’ [...]
India's vegetable oil imports rose by 21 per cent to 81.10 lakh tonnes in the first six months of the current oil year, driven by increased shipments of refined palm oil which is a cause of concern, industry body SEA said on Friday. Vegetable oil imports stood at 67.07 lakh tonne in the same period [...]
