Markets

Stock Market: Sensex, Nifty open in green, Adani Group shares remain in red

Adani Enterprises, Adani Ports, Bajaj Finance, Asian Paints and Titan Company remained the top losers on Thursday as of 10 am

Feb 23, 2023

Sensex, Nifty: Volatile markets to keep indices rangebound [Opinion]

On the downside, strong support exists at levels of 17,650-17,700 on NIFTY and at 59,900 - 60,050 on SENSEX, says Arun Kejriwal

Feb 20, 2023

India's forex reserves decline in biggest weekly fall in 11 months; Fell by $8.3 billion

India's foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 -- its biggest weekly fall in 11 months.

Feb 18, 2023

RBI should probe LIC, Public Sector Banks' losses due to adani stock rout: Jairam Ramesh

LIC, he said, which 30 crore Indians trust with their life savings, has lost thousands of crores in Adani Group stock in recent days.

Feb 15, 2023

Shaktikanta Das, Governor, Reserve Bank of India

Adani Row: RBI defends banks' exposure, says "One client will not affect Indian banking system"

An individual client -- Adani Group -- will not bring down the Indian banking system, Reserve Bank of India Governor Shaktikanta Das said

Feb 8, 2023

Adani row: Here's what Fitch Ratings, Moody's say on Indian banks' exposure to group's stock rout

Fitch Ratings said that the controversy over the short-seller report has no immediate impact on the ratings of Fitch-rated Adani entities and their securities

Feb 8, 2023

Adani Row: Where do Indian banks stand? Total exposure at $9 billion; SBI, PNB, Bank of Baroda claim 'still safer' despite stock rout

In a virtual press conference, PNB CEO said there was no cause for concern, despite the bank's exposure of Rs 7,000 crore to the group

Feb 6, 2023

Hindenburg Impact: Adani Electricity, Adani Ports ratings revised to 'negative'

The negative outlook reflects the risk of a deterioration in the credit profile of Adani Ports and Adani Electricity Mumbai, said S&P ratings

Feb 4, 2023

'Govt has nothing to do with Adani issue,' says Union Minister; SEBI silent

Parliamentary Affairs Minister Pralhad Joshi on Friday categorically said that the government has nothing to do with the Hindenburg report on Adani group

Feb 3, 2023

Budget 2023-24: No tax on personal Income up to Rs 7 lakh

Insurance firms face market reality after 'Halahala' poison in 'Amrit Kaal' budget

Life insurance scrips suffer from 'Halahala' poison in Amrit Kaal budget

Feb 2, 2023

Market enthusiasm fades after a brief post-budget rally; Sensex down at 59,900, Nifty hovers around 17,700

As of 2:10 PM, Sensex is trading up nearly 300 points or 0.5% to 59,841 points, while Nifty is trading at 17,701 points, up 40 points or 0.22%, while Nifty Bank is trading up more than 500 points or 1.34% to 41,200 points

Feb 1, 2023

Budget 2023-24: No tax on personal Income up to Rs 7 lakh [Details]

A tax of 5 per cent would be levied on total income between Rs 3 lakh and Rs 6 lakh, 10 per cent tax would be imposed on income between Rs 6 lakh to Rs 9 lakh, it would be 15 per cent on income between the range of Rs 9 lakh to Rs 12 lakh.

Feb 1, 2023

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

As of 1:15 PM, Sensex is trading down merely 16 points or 0.02% to 59,484 points, while Nifty is trading flat at 17,647 points and Nifty Bank is trading up 300 points or 0.75% to 40,688 points

Jan 31, 2023

Stock market falls sharply as Hindenburg report intensifies selling pressure on D-Street; Sensex below 59,000, Nifty around 17,500

As of 1:15 PM, Sensex is trading more than 400 points or 0.7% lower to 58,914 points, while Nifty is trading at 17,465 points, down 140 points or 0.8% and Nifty Bank is trading nearly 600 points or 1.45% lower to 39,761 points

Jan 30, 2023

Will LIC sustain net gains of Rs 27,300 crore from investments in Adani Group shares?

LIC's total investment in Adani shares has been at Rs 28,400 crore and they reached the value before the crash of last week was Rs 72,200 crore.