Key Indian equity indices, the Sensex and the Nifty, experienced a significant rally today. The Sensex rose by 650 points, or 0.79%, closing at 83,277. The Nifty also gained 211 points, or 0.83%, ending at 25,682. This recovery was fueled by buying activity in the real estate, pharmaceutical...
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Mumbai, February 16 The rupee closed flat at 90.66 (provisional) against the US dollar on Monday, as positive momentum in domestic equities was offset by a strong US dollar in the overseas market.According to forex traders, lower crude oil prices supported the local unit, while foreign fund...
New Delhi, February 16 Gold prices fell by Rs 589 to Rs 1.55 lakh per 10 grams in the futures trade on Monday due to a bearish trend in the international markets.On the Multi Commodity Exchange (MCX), the yellow metal for April delivery declined by Rs 589, or 0.38 per cent, to Rs 1,55,306 per...
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New Delhi, February 15 The combined market valuation of six of the top 10 most valuable companies decreased by more than Rs 3 lakh crore last week, with IT giants Tata Consultancy Services (TCS) and Infosys being the biggest losers amidst a bearish trend in the stock market.The BSE benchmark...
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The Chairman of the Securities and Exchange Board of India (SEBI), Tuhin Kanta Pandey, stated that responsibly governed and shared market data can significantly strengthen policy design, supervision, and risk assessment, as the regulator moves to promote high-quality research across the...
Kolkata, February 11 Vivriti Asset Management (VAM), a mid-market private credit-focused Alternative Investment Fund (AIF) management firm, said on Wednesday that it aims to grow at 25-30 per cent year-on-year for the next five years, driven by the massive potential in the niche debt market...
New Delhi, February 10 The government will sell up to 5 per cent stake in Bharat Heavy Electricals Ltd (BHEL) through a share sale offer (OS) starting on Wednesday at a floor price of Rs 254 per share."The government is offering to divest 3 per cent equity in BHEL, with an additional 2 per...