Stocks to buy or sell: Indian stock market benchmarks, the Sensex and the Nifty 50, snapped their 4-session losing streak on Thursday, December 4. However, the benchmarks ended with modest…
Category: Market
Putin’s India visit: Can India-Russia bonhomie jeopardise the potential India-US trade deal? Experts debate
Russian President Vladimir Putin is in Delhi for the 23rd India-Russia Annual Summit. He arrived on the evening of December 4 on a two-day visit to India. Putin’s last visit…
Stocks to watch: Hindustan Unilever, IndiGo, HCL Tech, RailTel among 10 shares in focus today
Stock market today: After four straight sessions of losses, the and Nifty 50 managed to post slight gains on Thursday, 4 December. The Sensex added 159 points (0.19%) to finish…
RBI fixes sovereign gold bond redemption price at ₹12,801 per unit
The Reserve Bank on Wednesday announced a redemption price of Rs 12,801 per unit for two series of sovereign gold bonds. Unit holders of SGB 2017-18 Series-XI Issued on December…
Imports, weak demand weigh on tur prices as new crop hits market
Cheaper imports and weak demand are seen weighing on tur (arhar) prices as the new crop has started arriving in key producing states of and . On Wednesday, the Agriculture…
Nippon Large Cap Fund crosses ₹50,000 crore in AUM
Nippon India Large Cap Fund has entered the ₹50,000-crore assets under management (AUM) club. The fund now joins ICICI Prudential and SBI, whose large-cap funds have AUMs of ₹50,000 crore.…
Sensex rebounds 427 points as rupee plunges to record low against dollar
Equity benchmarks snapped a three-session losing streak on Thursday, with the Sensex rising 426.86 points or 0.51 per cent to close at 84,818.13, even as the rupee plunged to a…
ICICI Prudential AMC raises ₹4,815 cr in pre-IPO round backed by 26 marquee investors
ICICI Prudential Asset Management Company Ltd has concluded a pre-IPO fundraising round of approximately ₹4,815 crore, drawing participation from 26 prominent domestic and global investors. The development marks a significant…
AMFI expects inflows to cross ₹8 lakh crore next year
The Association of Mutual Funds in India (AMFI) expects net inflows into the industry to cross ₹8 lakh crore next year backed by the pick-up both in SIP and choti…
Rupee slumps 39 paise to close at all-time low of 90.33 against US dollar
The rupee plunged 39 paise to close at an all-time low of 90.33 (provisional) against the US dollar on Thursday amid uncertainty over the India-US trade deal. Forex traders said…