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HDFC Bank was the gainer in the Sensex pack, rallying up to 2.16 per cent.Equity benchmark BSE Sensexrebounded nearly 500 points in opening session on Tuesday as global investors calmed on no further escalation in the mid-east tensions.…
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On Monday, the rupee had settled at 71.93 against the US currency.The Indian rupeeappreciated by 22 paise to 71.71 against the US dollar in early deals as some easing in global crude oil prices boosted forex market sentiments. The…
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South East Asian nations, the Middle East as well as European countries like Germany besides the US are main export market for Indian oilmeals.The country’s oil meals export fell sharply by 79.20 per cent to 67,562 tonne in December…
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Onion prices in Delhi are ruling at Rs 70/kg on Tuesday, as against Rs 118 per kg on December 19, 2019. (Reuters)The government has so far imported 12,000 tonne of onion and it is being offered to states at Rs 49-58 per kg for retail…
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India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home. Interbank deals, as well as those with customers in and outside India, can…
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With credit growth at multi-year lows, Indian lenders have been binging on sovereign debt. With the government set to borrow more, the move is fraught with risk. Bond holdings as a proportion of aggregate deposits stood at about 29% in…
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Yesterday’s top loser Bajaj Finance has recovered its losses and gained 77 points.Market LIVE: Stock market opened on a positive note on Tuesday as Sensex attained rose 468 points while Nifty gained 129 points in early trade. Yesterday’s…
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For the year 2020, we have selected certain commodities that are poised to draw investors’ attention as they chart their own path of action.As an integral part of the portfolio, commodities have always been a great choice of investment,…
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At the BSE, 1,944 stocks declined, while 604 advanced and 181 remained unchanged.Investor wealth tumbled by a whopping Rs 3.36 lakh crore in two successive sessions of decline in the equity market following escalation in tensions in the…
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Shares of Biocon Ltd were trading at Rs 287.40 per scrip on the BSE, down 4.53 per cent from its previous close.Biotechnology major Biocon on Monday said private equity firm True North will invest Rs 536.25 crore to acquire 2.44 per cent…
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