BSE-1 (Photo credit: Kamlesh Pednekar) Indian markets trimmed all gains and were unchanged in early trading Monday, largely dragged down by finance. Among the major indices, the S&P BSE Sensex hovered around 43,880 levels. The index had risen to 44,271, earlier in the day. The Nifty50 index also lost 12,950. …
Read More »Rate increase will depend on the largest telecommunications company: President of Bharti Airtel, Sunil Mittal
Bharti Airtel Chairman Sunil Mittal believes India will be a major player in cutting-edge 5G technology, but wants prices to be favorable to investors. In a conversation with Commercial standardMittal spoke about the urgent need to increase mobile rates, the industry’s interest in the upcoming 4G spectrum auction, the company’s …
Read More »MARKETS: Financial indices raise indices; Sensex raises 282 points, Nifty finishes at 12,859
Buying from financial accountants like HDFC Bank, Bajaj Finance and Bajaj Finserv helped benchmark indices settle 0.6 percent higher on Friday. The S&P BSE Sensex ended at 43,882, an increase of 282 points or 0.65%, while the NIFty of NSE ended at 12,859, an increase of 87 points or 0.68%. …
Read More »SpiceJet shares rise 50%, while IndiGo rises 29% in November amid rally
MUMBAI: SpiceJet Ltd shares are up nearly 50%, while Indigo advanced 29% in November so far after strong data from the Directorate General of Civil Aviation showing a continued recovery in domestic passenger traffic. From November 1 to date, SpiceJet is up 50.30% while InterGlobe Aviation Ltd is up 28.75%. …
Read More »Indecisive government, but Delhi in favor of closing markets to contain Covid-19: survey
74% of the inhabitants of Delhi favor some type of closing of markets and non-essential shops, services to contain the spread of COVID-19, indicates a survey conducted by the LocalCircles community forum. The study has found that 46% of the citizens of India are in favor of some form of …
Read More »Analysts are bullish on small and mid caps; expect superior performance in 2021
Even as the top-tier indices, the S&P BSE Sensex and the Nifty50, scale new highs, the mid- and small-cap segments have also seen a hot streak in recent months, with both indices hitting a new 52-week high. on Wednesday. The S&P BSE SmallCap Index has outperformed with an 86 percent …
Read More »Sensex wins 227 pts, finishes above 44K, Nifty sets 12,938; M&M rises 11%
EEB (Photo credit: Kamlesh Pednekar) Continuing their move north, the benchmark indices rose another 0.5 percent on Wednesday to settle for new closing peaks. The S&P BSE Sensex broke the 44,000 mark to end the day at 44,180 levels, up 227 points, or 0.52 percent, while NSE’s Nifty closed the …
Read More »Covid-19: Delhi seeks to curb weddings and markets
The Delhi government wants to reduce the number of people at weddings to 50 and has asked the Union government for powers to block markets if they turn into hot spots, Chief Minister Arvind Kejriwal said on Tuesday, both restrictions and fighting From the capital. to control a growing wave …
Read More »Covid-19: Delhi seeks to remove relaxation from wedding-goers, shutting down emerging markets as hotspots
Delhi Prime Minister Arvind Kejriwal said on Tuesday that the government has decided to withdraw its order to relax the cap on the number of wedding attendees, effectively bringing the number back to 50. However, the measure would need to the approval of Lieutenant Governor (LG) Anil Baijal, who is …
Read More »LIVE MARKET: Sensex Sinks From Highs As IT and Consumer Goods Stocks Fall; metals extend support
National equity indices hit new all-time highs on Tuesday as positive news from Moderna Inc, that its Covid-19 vaccine has a 94.5 percent success rate, boosted investor sentiment. The indices broke their previous highs hit on November 14 during the one-hour Muhurat Trading special. Among top-tier indices, the S&P BSE …
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