Markets

Market LIVE: Sensex jumps 200 points, reclaims 49,000, Nifty tops 14,800 in pre-opening session

Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 were trading higher in the pre-opening session on Wednesday via India Infoline

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Apr 28 · >

Sensex, Nifty on two-data gaining streak; 5 things to know before today’s opening bell

There could be potential for further upside in the near term. (Image: REUTERS) Domestic equity benchmarks have now been gaining for two consecutive trading sessions. S&P BSE Sensex sits at 48,944 points while the 50-stock NSE Nifty is at 14,653. On Wednesday morning, cues from global peers were mixed...

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Apr 28 · >

SBI Cards: Maintain ‘buy’ with unchanged TP of Rs 1,155

Credit costs remained elevated at 11% (annualised) vs an average c12% in the previous four quarters (and lower than the 13.7% in 4QFY20). By HSBC Global Research 4QFY21: Lower-than-expected advances yields drove the PAT miss; credit costs in line with expectations. Gross stressed loans (including restructured loans) declined sequentially...

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Apr 27 · >

TMB may hit IPO market with Rs 1,000-1,300 cr issue by Nov

On the strategies for the FY 2021-22, Moorthy said there would be increased thrust on consistent CASA growth, credit growth with specific focus on retail lending. The bank will leverage technology for business development and to enhance delivery efficiencies of all banking services. Private sector lender Tamilnad Mercantile Bank...

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Apr 27 · >

Rice output rising continuously, thanks to 2 high-yield varieties from ICAR

“If the prediction of IMD comes true, farmers will realise the efficacy of CR Dhan 801 and this will help grow the variety,” Singh said. At least 20,000 quintal of seeds (sufficient for 60,000 hectare) of this variety may be available during kharif 2021 season in eastern UP, he...

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Apr 27 · >

RIL, HDFC Bank lift Sensex over 550 pts, Nifty ends above 14,650; here’s what analysts make of today’s trade

All the Nifty sectoral indices ended in the positive territory. Nifty PSU Bank index gained 2.3 per cent, BSE Sensex and Nifty 50 ended over one per cent higher on Tuesday, on the back of across-the-board buying mainly in Reliance Industries Ltd (RIL), HDFC Bank, ICICI Bank, Larsen &...

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Apr 27 · >

Did Elon Musk sell his Bitcoin? No. Tesla CEO explains why his company sold 10% of its holding

Elon Musk on Twitter said that Tesla sold 10 per cent of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on the balance sheet. Image: Reuters Elon Musk said his Tesla Inc has told 10 per cent of its Bitcoin holdings to prove...

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Apr 27 · >

Gold prices fall for 4th straight day ahead of US Fed policy; down over Rs 8,700 from record high

The broad dollar weakness is not letting gold prices fall sharply but the trend is a little sluggish ahead of tomorrow’s Fed policy. Image: Reuters Gold prices fell for the fourth straight day in India on Tuesday ahead of US Federal policy scheduled on Wednesday. MCX gold June futures...

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Apr 27 · >

Maruti, IRCTC, Axis Bank, SBI Cards, SAIL, Tata Steel, Wipro, Tech Mahindra among stocks in focus

On the technical charts, the short-term trend of NSE’s Nifty seems to be positive. Image: Reuters SGX Nifty was trading in the negative territory, down 40 points before the opening bell, indicating a gap-down start for BSE Sensex and Nifty 50. On the technical charts, the short-term trend of...

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Apr 27 · >

Share Market LIVE: Sensex, Nifty may open in red; Oxford Economics lowers India’s 2021 GDP growth forecast

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices BSE Sensex and Nifty 50 were staring at a negative opening on Tuesday, as suggested by trends on SGX Nifty via India Infoline

in Markets
Apr 27 · >
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