Foreign portfolio investors have bought domestic equities worth Rs 2,053 crore in the two sessions in February after remaining net sellers in January where they sold shares worth Rs 25,744 crore. The first two sessions in February have seen FPI inflows of Rs 2,053 with Nifty gaining by 128 points. On Thursday, the FPIs shopped … Read more
Despite gold prices reaching new highs in 2023, silver – which is often called the sister metal of gold ended flat in the international markets. It started well in the first quarter, but multiple catalysts affected its fundamental outlook and suppressed prices in a tight range throughout the previous year. But in the domestic market, … Read more
Mumbai: Overseas investors offloaded ₹25,744 crore worth of Indian stocks in January after two straight months of purchases as receding hopes of an interest rate cut by the US Federal Reserve in March led to some risk-off sentiment. Analysts said inflows in February will hinge on the Fed’s commentary on the direction of interest rates … Read more
The US Federal Reserve’s two-day monetary policy meeting will conclude later today, and at the end of it, the central bank is widely expected to leave the federal funds rate unchanged. According to the CME FedWatch tool, 98% of the respondents see the federal funds target range unchanged at 5.25-5.50%. So, a status quo on … Read more
Greenwash activists take part in the final day of four days of The Big One climate protest activities organised by Extinction Rebellion (XR) on 24 April 2023 in London, United Kingdom. Mark Kerrison | In Pictures | Getty Images The head of the United Nations Environment Programme Finance Initiative believes there is still a “real … Read more
Equity indices rebounded sharply on Monday, surging nearly 2%, on heavy buying in RIL and a rally in Asian markets. The 30-share Sensex jumped 1,240 points to settle at 71,941 and the Nifty climbed 385 points to 21,737. Stocks that were in focus included names like Azad Engineering, which rose 5.72%, Tata Technologies, which fell … Read more
Mumbai: The temptation of making a quick buck in the aftermath of the Covid-19 pandemic has drawn millions of people into the world of the stock market with many falling prey to the traps set by fraudsters. An app named Choicese (CHC-SES), launched at the end of November 2023, disappeared within two months, leaving several … Read more
Mumbai: Indian equities rose about 1% on Wednesday, recouping a portion of the previous day’s losses, as traders covered some of their bearish bets ahead of the expiry of the January series futures & options contracts. Analysts said the undertone remains cautious with foreign investors turning sellers in recent trading sessions.The Nifty rose 215.15 points, … Read more
Mumbai: Shares of companies with higher foreign ownership have slumped of late as renewed outflows from overseas investors have put the spotlight on these stocks. With the deadline for foreign portfolio investors (FPIs) to comply with the beneficial ownership norms around the corner, analysts said sentiment in several such stocks is jittery.HDFC Bank, with a … Read more
Nova Agritech, a leading agri-input manufacturer specializing in soil health management, crop nutrition, and crop protection products, came out with an IPO. The Rs 144 crore issue, comprising fresh equity issue of Rs 112 crore and an offer-for-sale (OFS) of 77.58 lakh shares, opens today and closes on January 25.Ahead of the IPO opening, the … Read more
