Markets

Sensex up by 700 points as budget presentation begins; Adani Wilmar IPO subscribed 17 times

At 10:55 a.m., Sensex traded at 58,724 points, up by 710 points from the previous close, while the broader Nifty traded at 17,544 points, up 203 points

Feb 1, 2022

Central bank liquidity, not fundamentals, driving extraordinary valuations: Citibank

"If you believe that it's all about the level of stimulus and it's about markets following fundamentals, and you think there's too much liquidity in markets - and that's where most of the Citi house view is - then actually you're still probably bullish." Citibank's global markets strategist told IANS during a briefing on the bank's 2022 outlook.

Jan 31, 2022

Sensex up 800 pts ahead of tabling Economic Survey; Budget presentation tomorrow

The Economic Survey is an annual report card on the economy listing the performance of every sector and suggestions on future guidance

Jan 31, 2022

India's forex reserves fall by $678 mn for the week ending January 21

India's foreign exchange reserves fell by $678 million during the week ended January 21.

Jan 29, 2022

Substantial rise in real interest rates could cause further selloff in US stocks: IMF

A sudden and substantial rise in real interest rates, or inflation-adjusted rates, could lead to a further selloff in US stocks, particularly in highly valued sectors, the International Monetary Fund (IMF) warned.

Jan 28, 2022

Sensex, Nifty gain as value-buying starts

At 10.30 a.m., Sensex traded at 57,888 points, up 1.1 per cent or 611 points from the previous close of 57,276 points. It opened at 57,795 points. By 12:25 noon, it reached 58,048 points.

Jan 28, 2022

Sensex down, loses 978 points in just one hour

At 10.25 a.m., Sensex traded at 56,879 points, down 978 points, whereas Nifty at 16,970 points, down 307 points.

Jan 27, 2022

New "Buy Now, Pay Later" segment in equities to reach $56 billion in 4 yrs: Report

India's new feature in share markets that allows short-term financing to make immediate purchases and the credit to be paid back at a later date has transformed the markets and may reach a whoppong $56 billion by 2026, says a report by HDFC.

Jan 27, 2022

Sensex, Nifty show strength as markets recover after decline in 5 sessions

At 10 a.m., Sensex traded at 57,565 points, up 0.1 per cent from the previous close of 57,491 points, while Nifty traded at 17,188 points, up 0.2 per cent from the previous close of 17,149 points

Jan 25, 2022

Sensex, Nifty witness a sharp decline as markets open, 5th straight session in decline

This is the fifth consecutive decline in sessions for Sensex, down 1.1 per cent or 635 points on Monday at 11:30 am

Jan 24, 2022

Delhi man's Rs 4.5 Cr cryptocurrency fraudulently transferred to Palestine's Hamas wing

A Delhi resident's cryptocurrency worth Rs 30 lakh (current value Rs 4.5 crore) was fraudulently transferred to three different foreign accounts.

Jan 24, 2022

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India's forex reserves rise by over $2 bn

India's foreign exchange reserves rose by $2.229 billion during the week ended January 14.

Jan 22, 2022

Decline in equities continue for 4th straight sessions; All eyes on Adani Wilmar IPO next week

Decline in equities continue for 4th straight sessions while the next week highlights include the Adani Wilmar IPO and the company has announced the price band

Jan 21, 2022

PTC India Financial Services shares down 18% as independent directors quit

Shares of PTC India Financial Services declined around 18 per cent in early trade as company announced that three of its independent directors have resigned from their posts with immediate effect.

Jan 20, 2022

Equities continue to fall further, Sensex 568 pts down as of 11:30 am

Equities continue to fall further on Thursday with Sensex down over 568 points