Business news

Stock market turns deep red as bearish sentiments on D-Street take firm hold

Sensex is trading at 59,957 points after hitting a low of 59,887 points and Nifty-50 is currently trading below 17,800 points, and Nifty Bank is trading at 41,739 points as of 3:00 PM.

Dec 23, 2022

Reliance Retail Ventures is all set to acquire METRO Cash & Carry India in Rs 2,850 Cr deal

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire 100 per cent equity stake in METRO Cash & Carry India Pvt. Ltd. (METRO India) for a total cash estimation of Rs 2,850 crore, subject to closing adjustments

Dec 22, 2022

Jio completes acquisition of Reliance Infratel, after paying Rs 3,720 cr to lenders

Reliance Jio Thursday completed the acquisition of Reliance Communication Ltd.'s (RCOM) tower and fiber assets by paying Rs 3,720 crore to the lenders

Dec 22, 2022

Stock market plunges for 3rd consecutive session as Covid fears loom

The BSE Sensex opened at 61,257 points and gave up 268 points or 0.44%; the NSE Nift-50 opened at 18,288 points and lost 80 points or 0.44

Dec 22, 2022

Sensex, Nifty gave up early trading gains, investors await minutes of RBI's policy meet

The BSE Sensex opened at 61,993 points and currently trading down almost 400 points or 0.6% from the previous close of 61,702 points, while NSE Nifty-50 started trading at 18,435 points and currently trading down 100 points from the previous close of 18,385 points.

Dec 21, 2022

Stock market falls sharply; Risk of global recession, monetary tightening could trigger bearish rally

The BSE Sensex opened at 61,608 points and gave up 507 points or 0.82%; the NSE Nift-50 opened at 18,340 points and lost 151 points or 0.82%. Nifty Bank also experienced a steep decline after touching a historical high of 44,151 points last week

Dec 20, 2022

Sensex, Nifty regain slight momentum but market consolidation continues as year-end triggers remain mute

The BSE Sensex is trading at 61,560 points, 228 points or 0.37% higher than the previous close of 61,337, while the Nifty-50 is trading at 18,346 points, 75 points or 0.41% higher than the previous close of 18,269 points as of 1:20 PM.

Dec 19, 2022

Tax, Budget 2017, Union Budget 2017, Income Tax, senior citizens, common man

Direct tax collections up 20%; Rs 11,35,754 cr collected till Dec 17 [details]

Direct tax collections stood at Rs 11,35,754 crore, as on December 17, 2022, up by 19.81 per cent against Rs 9,47,959 crore recorded in the corresponding period of last year, officials said.

Dec 18, 2022

Only 2% of cryptocurrencies have a 'healthy' liquidity, finds study

As major crypto exchanges like FTX go bankrupt amid high volatility, almost 90 per cent of cryptocurrencies have a low trading volume, with just 2 per cent of crypto coins having a healthy liquidity, a new study has found

Dec 17, 2022

Stock market drags further as weak global cues and hawkish central banks affect market sentiments

Sensex is trading at 61,661 points as of 1:30 PM, which is 133 points lower than the previous close of 61,799 points while Nifty-50 is trading at 18,365 points, which is about 50 points lower than the previous close of 18,414 points

Dec 16, 2022

Stock market tumbles as Fed's hawkish stance drives down investors' sentiments

The BSE Sensex is trading down 400 points or 0.6% to 62,254, giving up yesterday's gain, whereas Nifty-50 shed almost 120 points or 0.6% and trading down at 18,542 as of 12:30 pm

Dec 15, 2022

Market maintains upward momentum ahead of Fed's policy; Inflation shows signs of easing

BSE Sensex opened at 62,685 points and currently trading between the range of 62,700 to 62,800 points, whereas NSE Nifty-50 opened at 18,671 points and currently trading well above the 18,500-mark

Dec 14, 2022

Critically acclaimed leader Anant Saxena: guides a global mobile app revolution in the Fintech

Anant wanted to provide a rich native experience that could help them drive better financial habits and help them save more money while looking to do no harm.

Dec 13, 2022

Indian rupee records 6.9% depreciation in current FY

The Indian rupee has witnessed a depreciation of 6.9 percent in the current financial year till November 30, the Parliament was told on Tuesday.

Dec 13, 2022

Domestic equity market turns positive as inflation drops to year's lowest at 5.88%; investors eye US's CPI data and Fed's stance

The domestic benchmark started trading in the green on Tuesday after yesterday's sluggish performance. The BSE Sensex opened at 62,300 points and currently trading close to the 62,500 mark; meanwhile, Nifty-50 opened at 18,524 and currently trading close to the 18,600 mark.

Dec 13, 2022

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Business news

Stock market turns deep red as bearish sentiments on D-Street take firm hold

Reliance Retail Ventures is all set to acquire METRO Cash & Carry India in Rs 2,850 Cr deal

Jio completes acquisition of Reliance Infratel, after paying Rs 3,720 cr to lenders

Stock market plunges for 3rd consecutive session as Covid fears loom

Sensex, Nifty gave up early trading gains, investors await minutes of RBI's policy meet

Stock market falls sharply; Risk of global recession, monetary tightening could trigger bearish rally

Sensex, Nifty regain slight momentum but market consolidation continues as year-end triggers remain mute

Direct tax collections up 20%; Rs 11,35,754 cr collected till Dec 17 [details]

Only 2% of cryptocurrencies have a 'healthy' liquidity, finds study

Stock market drags further as weak global cues and hawkish central banks affect market sentiments

Stock market tumbles as Fed's hawkish stance drives down investors' sentiments

Market maintains upward momentum ahead of Fed's policy; Inflation shows signs of easing

Critically acclaimed leader Anant Saxena: guides a global mobile app revolution in the Fintech

Indian rupee records 6.9% depreciation in current FY

Domestic equity market turns positive as inflation drops to year's lowest at 5.88%; investors eye US's CPI data and Fed's stance

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]