Business

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

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

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

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

GST Council 48th Meeting: Small traders allowed on e-commerce platforms; Biofuel now in 5% slab

The GST Council approved the amendments allowing unregistered suppliers and composition taxpayers to make intra-state supply of goods through E-Commerce Operators (ECOs)

Dec 17, 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

India's growth expected to slow in 2023-24 amid indications of sharp global slowdown

India's GDP growth is on course to print close to 7 per cent this year in 2022-23, foreign brokerage, JP Morgan said in a report

Dec 16, 2022

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