Gift Nifty: Gift Nifty futures volumes soar 25% in 4 months to $82 billion in April

Mumbai: Gift Nifty futures saw a significant increase in volumes at the NSE International Exchange (NSE IX) in Gujarat over the last four months, reaching a record turnover of $82 billion in April. This marked a 25% increase compared to December turnover, contrasting with a 7% growth in Nifty futures turnover on the NSE during … Read more

Currency: Currency derivatives volumes dry up ahead of RBI deadline

Mumbai: Volumes of exchange-traded currency derivatives on the National Stock Exchange (NSE) have plummeted by almost 90% ahead of the May 3 deadline to comply with the central bank’s directive for trades to be backed by underlying exposures. Average daily turnover for currency futures and options, including notional turnover for currency options, on the country’s … Read more

Hyundai SUVs: Expect SUVs to account 65 pc of total sales in India this year, 20 pc from EVs by 2030: Hyundai

Hyundai Motor India expects SUV sales to account for 65 per cent of its overall volumes in 2024, while it gears up to enter the EV segment early next year, aiming to garner 20 per cent of its total sales by 2030, its COO Tarun Garg said on Tuesday. The automaker, which got around 60 … Read more