Markets

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

LIC shares fall after Sensex, Nifty debut; Analysts point out optimistic side

The LIC listed on the stock exchanges at a discount of over 8 per cent at Rs 867 on Monday, as against its issue price of Rs 949. On Tuesday, it recovered losses after the market opened its trade at Rs. 883.95 or 8.70 (0.99%) up from the previous day's close.

May 18, 2022

Indices positive in opening deals with all eyes on LIC listing

Indian equity benchmark indices started Tuesday's trade in green ahead of listing of insurance major LIC's exchange debut.

May 17, 2022

Snapping 6-day losses, Sensex, Nifty open in green zone

At 10:51 a.m., Sensex stood at 53,259.24 or 465.62 (0.88%) points up while Nifty was at 15,914.35 or +132.20 (0.84%) up from previous session.

May 16, 2022

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