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At the interbank foreign exchange, the rupee opened at 71.26 then rose to 71.23 against the dollar.The Indian rupeeopened on a positive note and rose 8 paise to 71.23 against the US dollar in early trade on Friday tracking gains in…
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Benchmark sovereign bonds gained in India after the central bank said it will buy long-end debt for a second week, stepping up the pace of its unconventional policy to lower borrowing costs.Benchmark sovereign bonds gained in India after…
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The 30-share BSE index was trading 161.85 points or 0.39 per cent higher at 41,325.61, and the broader NSE Nifty rose 57.70 points or 0.48 per cent to 12,184.25.Equity benchmark BSE Sensexjumped over 150 points in opening session on…
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The index gained ahead of a meeting between the Finance Minister and chiefs of public sector banks for Saturday.Shares of PSU banks are trading at a higher note with PSU Bank index gaining over 3 per cent  in early intraday trade Friday.…
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Even the pharma stocks are likely to show improvement he said, adding that the pharma companies are expected to grow at 12-15 per cent.With the non-performing assets (NPAs) reducing, PSU bank stocks offer a good bet to investors going…
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In the previous session, the 30-share gauge ended 297.50 points, or 0.72 per cent, lower at 41,163.76.The benchmark equity indices ended on a higher note Friday led by gains in banking stocks and HDFC twins amid positive global cues.…
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On silver, Jigar Trivedi said that the conditions are perfect to see gains in the silver price in the coming months and years.With equities trading volatile, gold has emerged as a preferred bet for a section of investors. Since January…
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This included green shoe option of Rs 790 crore, the exchange said in a statement.Indian Railway Finance Corporation(IRFC) on Friday raised Rs 1,580 crore by issuing bonds on private placement basis using on BSE’s electronic book…
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December would be the seventh consecutive month of price correction after peak prices in May 2019.Price correction continues in absence of demand. Our dealer checks suggest that cement prices continue to slide in December 2019 in the…
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Our domestic gas production estimates is at 25.9bcm/30.6bcm for FY20/FY21 coupled with production coming online from KG-DWN98/2.2QFY20 net sales were down 12% Y-o-Y to Rs 245 bn (in-line), primarily due to lower crude oil realisation at…
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