Asia

Stock Markets: Sensex, Nifty tumble in opening session on high inflation cues from US

By 11:25 a.m., Sensex was hovering around 52,938.42 or 1,365.02 (2.51%) points down, while Nifty was 15,816.20 or 385.60 (2.38%) points down.

Jun 13, 2022

Stock Market: Sensex down by 719 points, Nifty declines by 204 points in Opening Hour

By 11:01 a.m, Sensex recorded 54,633.12 or 687.16 points down (1.24%), while Nifty too declined to 16,277.10 or 201.00 points down (1.22%).

Jun 10, 2022

Shaktikanta Das, Governor, Reserve Bank of India

RBI raises repo rate by 50 bps; Highlights

The Reserve Bank of India has raised the repo rate by 50 basis points to 4.9 per cent, Governor Shaktikanta Das said on Wednesday, adding that inflation was likely to remain above the upper tolerance level for three quarters of this financial year.

Jun 8, 2022

Stock Markets: Sensex, Nifty continue in losses, shed over 1% each

At 10.02 a.m., Sensex was 1.1 per cent down at 55,037 points, whereas nifty down 1.1 per cent at 16,388 points.

Jun 7, 2022

Stock Markets: Sensex, Nifty decline in opening deals ahead of RBI policy meeting today

Indices decline in opening deals, ahead of Reserve Bank of India's meeting where the central bank is likely to raise policy rates after a review

Jun 6, 2022

IPL teams commanding higher valuations than global football counterparts

Revenue CAGRs of Manchester United (MANU), Juventus and Borussia Dortmund have been at 1.1 per cent, 4.7 per cent and 4.0 per cent, in the past seven years, with a TTM price-to-sales of 2.4x, 1.7x and 1.1x, respectively. Conversely, IPL teams' revenue CAGR has been more than 10 per cent in the past seven years, commanding a much higher valuation than football counterparts, mainly due to higher revenue growth and stellar viewership.

Jun 4, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

New York halts Bitcoin mining for 2 years, 'grim day' for Blockchain

In bad news for Bitcoin and Blockchain lovers, the New York State on Friday passed a bill to halt new permits for certain fossil fuel power plants to be used in Bitcoin mining.

Jun 3, 2022

Stock Markets: Sensex, Nifty decline in opening session, Q4 GDP numbers in focus

Indian equity benchmark indices were lower in opening deals on Tuesday ahead of the release of India's gross domestic product (GDP) numbers for the fourth quarter of fiscal FY22.

May 31, 2022

Stock Markets: Equity indices extend gains from previous week, Sensex up over 800 pts

Domestic equity indices extended their gains from the previous week and jumped sharply during the opening session on Monday.

May 30, 2022

Stock Markets: Sensex, Nifty surge in opening deals on global cues, Sensex up over 300 pts

Domestic equity benchmark indices extended their gains from the previous session and traded in the green during trade on Friday amid firm global cues.

May 27, 2022

Stock Markets: Sensex, Nifty rise in opening deals on global cues

Domestic equity indices inched higher during the opening session on Thursday on positive global cues.

May 26, 2022

Stock Markets: Third straight day losses for domestic indices, Sensex declines 303 pts

Extending their losses for the third straight day, domestic equity benchmark indices settled in the red on Wednesday.

May 25, 2022

Stock Markets: Sensex, Nifty recover previous losses led by gains in media, realty, metal stocks

Domestic equity benchmark indices erased all its losses they witnessed in the previous session to close sharply higher on Friday.

May 21, 2022

Stock Markets: Sensex, Nifty trading up in opening hour on Friday

At 10.07 a.m., Sensex was 1,105 points up at 53,897, whereas Nifty 345 points up at 16,154.

May 20, 2022

Sensex, Nifty slump in opening deals on weak clues from US markets

At 9.17 a.m., Sensex was 1.8 per cent or 956 points down at 53,251 points, whereas Nifty 1.6 per cent or 265 points at 15,975 points.

May 19, 2022

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